Mediolanum International Funds Ltd decreased its position in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 55.8% in the first quarter, Holdings Channel.com reports. The firm owned 7,432 shares of the transportation company’s stock after selling 9,384 shares during the period. Mediolanum International Funds Ltd’s holdings in United Airlines were worth $633,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. CWM LLC grew its position in United Airlines by 61.0% in the fourth quarter. CWM LLC now owns 84,286 shares of the transportation company’s stock worth $9,425,000 after acquiring an additional 31,921 shares in the last quarter. AE Wealth Management LLC increased its stake in shares of United Airlines by 441.5% during the 4th quarter. AE Wealth Management LLC now owns 19,089 shares of the transportation company’s stock worth $2,134,000 after purchasing an additional 15,564 shares during the last quarter. Caprock Group LLC raised its holdings in shares of United Airlines by 49.4% during the 4th quarter. Caprock Group LLC now owns 39,921 shares of the transportation company’s stock valued at $4,464,000 after purchasing an additional 13,205 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in shares of United Airlines during the 4th quarter valued at $1,872,000. Finally, Phoenix Financial Ltd. lifted its stake in shares of United Airlines by 129.6% in the 4th quarter. Phoenix Financial Ltd. now owns 23,183 shares of the transportation company’s stock valued at $2,592,000 after purchasing an additional 13,085 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.
Insider Activity at United Airlines
In other United Airlines news, CEO J Scott Kirby sold 48,303 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $121.30, for a total value of $5,859,153.90. Following the completion of the sale, the chief executive officer directly owned 798,929 shares of the company’s stock, valued at $96,910,087.70. This represents a 5.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew P. Nocella sold 7,000 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $90.19, for a total transaction of $631,330.00. Following the completion of the sale, the executive vice president owned 215,345 shares in the company, valued at $19,421,965.55. This represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 96,381 shares of company stock worth $10,837,575 in the last ninety days. 0.86% of the stock is currently owned by insiders.
United Airlines Stock Performance
United Airlines (NASDAQ:UAL – Get Free Report) last posted its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.88 by $0.11. The company had revenue of $17.67 billion during the quarter, compared to analysts’ expectations of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.United Airlines’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business earned $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, equities analysts expect that United Airlines Holdings Inc will post 10.41 EPS for the current year.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the stock. Zacks Research upgraded shares of United Airlines from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. Citigroup raised their target price on United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Morgan Stanley boosted their price target on United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. BMO Capital Markets upped their price target on United Airlines from $130.00 to $157.50 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Finally, Susquehanna lowered their price objective on United Airlines from $172.00 to $165.00 and set a “positive” rating on the stock in a report on Friday, July 17th. Sixteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $156.79.
Get Our Latest Stock Report on United Airlines
United Airlines Profile
United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.
In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.
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