Moody National Bank Trust Division Makes New $227,000 Investment in United Airlines Holdings, Inc. (NASDAQ:UAL)

Moody National Bank Trust Division bought a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,742 shares of the transportation company’s stock, valued at approximately $227,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Venturi Wealth Management LLC lifted its position in shares of United Airlines by 72.1% in the fourth quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 274 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new position in shares of United Airlines in the fourth quarter valued at approximately $27,000. Clear Street Markets LLC lifted its position in shares of United Airlines by 116.8% in the third quarter. Clear Street Markets LLC now owns 930 shares of the transportation company’s stock valued at $39,000 after acquiring an additional 501 shares in the last quarter. Baystate Wealth Management LLC lifted its position in shares of United Airlines by 5,820.0% in the fourth quarter. Baystate Wealth Management LLC now owns 1,184 shares of the transportation company’s stock valued at $49,000 after acquiring an additional 1,164 shares in the last quarter. Finally, Center for Financial Planning Inc. increased its holdings in shares of United Airlines by 1,210.0% in the fourth quarter. Center for Financial Planning Inc. now owns 1,310 shares of the transportation company’s stock valued at $54,000 after purchasing an additional 1,210 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on UAL shares. Raymond James increased their price target on United Airlines from $66.00 to $70.00 and gave the company an “outperform” rating in a report on Thursday, April 18th. Wolfe Research raised United Airlines from a “peer perform” rating to an “outperform” rating and set a $76.00 price target for the company in a report on Friday, May 17th. Morgan Stanley increased their price target on United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Thursday, April 18th. Redburn Atlantic raised United Airlines from a “neutral” rating to a “buy” rating and set a $70.00 price target for the company in a report on Thursday, June 6th. Finally, Citigroup increased their price target on United Airlines from $80.00 to $96.00 and gave the company a “buy” rating in a report on Wednesday, May 29th. Two analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $70.89.

Insider Activity

In other news, EVP Kate Gebo sold 15,000 shares of United Airlines stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $50.86, for a total value of $762,900.00. Following the completion of the sale, the executive vice president now directly owns 57,512 shares of the company’s stock, valued at $2,925,060.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.63% of the company’s stock.

United Airlines Trading Down 1.5 %

Shares of NASDAQ UAL opened at $49.58 on Thursday. United Airlines Holdings, Inc. has a twelve month low of $33.68 and a twelve month high of $58.23. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 2.52. The stock has a fifty day simple moving average of $51.58 and a 200-day simple moving average of $45.82. The stock has a market capitalization of $16.30 billion, a PE ratio of 6.13, a PEG ratio of 0.49 and a beta of 1.47.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Tuesday, April 16th. The transportation company reported ($0.15) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.38. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. The business had revenue of $12.54 billion during the quarter, compared to analysts’ expectations of $12.43 billion. On average, equities analysts forecast that United Airlines Holdings, Inc. will post 9.93 earnings per share for the current year.

About United Airlines

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.