2,750 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. bought a new position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,750 shares of the transportation company’s stock, valued at approximately $267,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of UAL. Bank of Jackson Hole Trust purchased a new position in United Airlines in the 4th quarter worth approximately $25,000. Hemington Wealth Management boosted its stake in shares of United Airlines by 70.8% in the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 131 shares in the last quarter. Whipplewood Advisors LLC purchased a new stake in shares of United Airlines in the 4th quarter valued at $32,000. Roxbury Financial LLC purchased a new stake in shares of United Airlines in the 4th quarter valued at $32,000. Finally, Winch Advisory Services LLC purchased a new stake in shares of United Airlines in the 4th quarter valued at $38,000. Institutional investors own 69.69% of the company’s stock.

United Airlines Stock Down 3.9 %

Shares of NASDAQ UAL opened at $82.88 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00. The firm has a market capitalization of $27.13 billion, a PE ratio of 8.79, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. The firm has a fifty day simple moving average of $101.72 and a two-hundred day simple moving average of $83.24.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping the consensus estimate of $2.96 by $0.30. The business had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.00 EPS. Equities analysts expect that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on UAL shares. Raymond James reaffirmed an “outperform” rating and issued a $130.00 price objective (up previously from $120.00) on shares of United Airlines in a research note on Thursday, January 23rd. JPMorgan Chase & Co. upped their price objective on shares of United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price objective on shares of United Airlines in a research note on Friday, November 15th. Susquehanna reissued a “hold” rating on shares of United Airlines in a research report on Tuesday, February 25th. Finally, Citigroup increased their price target on shares of United Airlines from $98.00 to $122.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, United Airlines presently has a consensus rating of “Buy” and a consensus target price of $113.88.

United Airlines Company Profile

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.