Yeomans Consulting Group Inc. Takes $479,000 Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Yeomans Consulting Group Inc. acquired a new position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,936 shares of the transportation company’s stock, valued at approximately $479,000.

A number of other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC boosted its position in United Airlines by 1,492.8% in the 4th quarter. SG Americas Securities LLC now owns 912,019 shares of the transportation company’s stock valued at $88,557,000 after buying an additional 854,759 shares during the period. Magnus Financial Group LLC purchased a new stake in United Airlines during the 4th quarter worth about $354,000. Global Trust Asset Management LLC raised its position in United Airlines by 334.0% in the 4th quarter. Global Trust Asset Management LLC now owns 2,170 shares of the transportation company’s stock valued at $211,000 after purchasing an additional 1,670 shares in the last quarter. Nisa Investment Advisors LLC grew its position in shares of United Airlines by 40.3% during the fourth quarter. Nisa Investment Advisors LLC now owns 29,714 shares of the transportation company’s stock worth $2,885,000 after buying an additional 8,534 shares in the last quarter. Finally, Atomi Financial Group Inc. purchased a new stake in shares of United Airlines during the fourth quarter worth approximately $255,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Raymond James reiterated an “outperform” rating and issued a $130.00 price target (up previously from $120.00) on shares of United Airlines in a research note on Thursday. Dbs Bank raised United Airlines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 26th. Jefferies Financial Group lifted their price target on United Airlines from $75.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Morgan Stanley increased their price objective on United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Thursday. Finally, UBS Group boosted their target price on United Airlines from $139.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $107.70.

Insider Buying and Selling

In related news, EVP Kate Gebo sold 17,500 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $80.44, for a total transaction of $1,407,700.00. Following the completion of the transaction, the executive vice president now directly owns 40,012 shares of the company’s stock, valued at $3,218,565.28. This represents a 30.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Linda P. Jojo sold 60,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $95.12, for a total transaction of $5,707,200.00. Following the completion of the sale, the executive vice president now owns 63,599 shares of the company’s stock, valued at approximately $6,049,536.88. The trade was a 48.54 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.63% of the company’s stock.

United Airlines Trading Down 4.6 %

NASDAQ UAL opened at $103.00 on Friday. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The firm has a market cap of $33.87 billion, a PE ratio of 10.92, a P/E/G ratio of 0.77 and a beta of 1.44. The firm’s fifty day moving average is $98.88 and its two-hundred day moving average is $70.51. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.72 and a current ratio of 0.81.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating the consensus estimate of $2.96 by $0.30. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The firm had revenue of $14.70 billion during the quarter, compared to the consensus estimate of $14.40 billion. During the same period in the prior year, the business earned $2.00 EPS. The firm’s revenue was up 7.8% compared to the same quarter last year. Analysts expect that United Airlines Holdings, Inc. will post 12.7 earnings per share for the current year.

United Airlines announced that its board has approved a share repurchase plan on Tuesday, October 15th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the transportation company to buy up to 7.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

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.