Stifel Financial Corp Sells 2,577 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Stifel Financial Corp trimmed its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 2.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 104,933 shares of the transportation company’s stock after selling 2,577 shares during the quarter. Stifel Financial Corp’s holdings in United Airlines were worth $10,189,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of UAL. Bank of Jackson Hole Trust acquired a new position in shares of United Airlines in the 4th quarter valued at about $25,000. Hemington Wealth Management lifted 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 during the period. Whipplewood Advisors LLC acquired a new position in shares of United Airlines in the 4th quarter valued at about $32,000. Roxbury Financial LLC acquired a new position in shares of United Airlines in the 4th quarter valued at about $32,000. Finally, Bell Investment Advisors Inc lifted its stake in shares of United Airlines by 60.3% in the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 135 shares during the period. 69.69% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Evercore ISI dropped their price target on United Airlines from $145.00 to $100.00 and set an “outperform” rating on the stock in a research note on Friday, April 11th. UBS Group upped their price target on United Airlines from $59.00 to $67.00 and gave the stock a “neutral” rating in a research note on Thursday, April 17th. Raymond James downgraded United Airlines from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 2nd. Jefferies Financial Group dropped their price target on United Airlines from $154.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, April 1st. Finally, Cantor Fitzgerald set a $88.00 price target on United Airlines in a research note on Tuesday, April 22nd. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $96.60.

United Airlines Price Performance

Shares of NASDAQ UAL opened at $68.20 on Monday. The stock has a fifty day simple moving average of $75.55 and a two-hundred day simple moving average of $88.04. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00. The firm has a market cap of $22.27 billion, a price-to-earnings ratio of 7.23, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19. 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 (NASDAQ:UAL) last announced its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The business had revenue of $13.21 billion during the quarter, compared to analyst estimates of $13.47 billion. Analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

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.