Vise Technologies Inc. acquired a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 8,715 shares of the transportation company’s stock, valued at approximately $694,000.
Several other hedge funds and other institutional investors have also modified their holdings of the business. Hemington Wealth Management raised its position in United Airlines by 50.6% during the first quarter. Hemington Wealth Management now owns 476 shares of the transportation company’s stock valued at $32,000 after buying an additional 160 shares during the period. WPG Advisers LLC acquired a new position in shares of United Airlines in the 1st quarter valued at about $32,000. Eastern Bank purchased a new stake in shares of United Airlines in the first quarter worth approximately $35,000. Banque Transatlantique SA purchased a new stake in shares of United Airlines in the first quarter worth approximately $35,000. Finally, Strategic Investment Solutions Inc. IL boosted its holdings in shares of United Airlines by 44.0% during the second quarter. Strategic Investment Solutions Inc. IL now owns 579 shares of the transportation company’s stock worth $46,000 after purchasing an additional 177 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.
United Airlines Stock Down 2.8%
United Airlines stock opened at $97.17 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.67 and a quick ratio of 0.61. United Airlines Holdings Inc has a fifty-two week low of $52.00 and a fifty-two week high of $116.00. The firm has a fifty day moving average price of $99.66 and a two-hundred day moving average price of $90.24. The firm has a market cap of $31.46 billion, a price-to-earnings ratio of 9.74, a P/E/G ratio of 0.89 and a beta of 1.45.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. TD Cowen increased their target price on shares of United Airlines from $127.00 to $138.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. Loop Capital set a $110.00 price objective on United Airlines in a research report on Tuesday, October 21st. JPMorgan Chase & Co. upped their target price on United Airlines from $149.00 to $156.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Jefferies Financial Group lifted their price target on United Airlines from $115.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. Finally, Cowen restated a “buy” rating on shares of United Airlines in a report on Monday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, United Airlines presently has a consensus rating of “Buy” and an average price target of $124.93.
Get Our Latest Stock Report on United Airlines
United Airlines 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.
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