Gateway Wealth Partners LLC acquired a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,225 shares of the transportation company’s stock, valued at approximately $573,000.
A number of other institutional investors also recently modified their holdings of UAL. Norges Bank acquired a new stake in United Airlines in the 4th quarter valued at $234,244,000. Holocene Advisors LP acquired a new position in United Airlines during the second quarter worth $84,753,000. AQR Capital Management LLC raised its holdings in United Airlines by 56.8% during the fourth quarter. AQR Capital Management LLC now owns 2,928,657 shares of the transportation company’s stock worth $325,549,000 after buying an additional 1,060,371 shares during the last quarter. Nuveen LLC lifted its stake in shares of United Airlines by 90.5% in the fourth quarter. Nuveen LLC now owns 1,528,242 shares of the transportation company’s stock valued at $170,888,000 after buying an additional 726,022 shares in the last quarter. Finally, Freestone Grove Partners LP lifted its stake in shares of United Airlines by 1,282.2% in the third quarter. Freestone Grove Partners LP now owns 776,783 shares of the transportation company’s stock valued at $74,960,000 after buying an additional 720,583 shares in the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. Jefferies Financial Group reissued a “buy” rating and set a $155.00 target price on shares of United Airlines in a research report on Sunday, July 19th. JPMorgan Chase & Co. raised their price target on shares of United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. UBS Group raised their price target on shares of United Airlines from $148.00 to $153.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Bank of America lifted their price target on United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of United Airlines in a report on Friday, July 17th. Sixteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, United Airlines has a consensus rating of “Moderate Buy” and an average price target of $156.79.
Insiders Place Their Bets
In other United Airlines news, CEO J Scott Kirby sold 159,321 shares of the stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the completion of the sale, the chief executive officer owned 797,851 shares in the company, valued at approximately $94,186,310.55. This trade represents a 16.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kate Gebo sold 5,331 shares of United Airlines stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $105.51, for a total transaction of $562,473.81. Following the transaction, the executive vice president directly owned 60,393 shares in the company, valued at approximately $6,372,065.43. This represents a 8.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 303,010 shares of company stock worth $35,552,943 in the last ninety days. 0.86% of the stock is owned by corporate insiders.
United Airlines Price Performance
UAL opened at $123.56 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. The company has a market capitalization of $40.11 billion, a price-to-earnings ratio of 11.56, a P/E/G ratio of 0.88 and a beta of 1.25. The firm’s fifty day moving average price is $118.96 and its two-hundred day moving average price is $106.93. United Airlines Holdings Inc has a 1 year low of $82.42 and a 1 year high of $138.77.
United Airlines (NASDAQ:UAL – Get Free Report) last posted its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.11. The firm had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The business’s revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.87 EPS. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, analysts anticipate that United Airlines Holdings Inc will post 10.48 earnings per share for the current fiscal year.
United Airlines Company 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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