Quantbot Technologies LP Takes $4.15 Million Position in United Airlines Holdings Inc $UAL

Quantbot Technologies LP bought a new stake in United Airlines Holdings Inc (NASDAQ:UAL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,514 shares of the transportation company’s stock, valued at approximately $4,150,000.

A number of other institutional investors have also recently bought and sold shares of UAL. Legacy Wealth Managment LLC ID bought a new stake in United Airlines in the 4th quarter valued at $25,000. Dunhill Financial LLC acquired a new position in shares of United Airlines in the 2nd quarter valued at $25,000. Western Wealth Management LLC bought a new position in shares of United Airlines during the 1st quarter worth about $27,000. Elevation Wealth Partners LLC boosted its position in shares of United Airlines by 393.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 169 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new stake in shares of United Airlines during the 2nd quarter valued at about $29,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Insider Buying and Selling

In related news, EVP Kate Gebo sold 5,331 shares of United Airlines stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $105.51, for a total value of $562,473.81. Following the completion of the transaction, the executive vice president directly owned 60,393 shares of the company’s stock, valued at $6,372,065.43. The trade was a 8.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Andrew P. Nocella sold 3,000 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $132.30, for a total transaction of $396,900.00. Following the transaction, the executive vice president owned 219,955 shares in the company, valued at approximately $29,100,046.50. This trade represents a 1.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 306,010 shares of company stock valued at $35,949,843 in the last 90 days. 0.86% of the stock is owned by corporate insiders.

United Airlines Price Performance

Shares of UAL opened at $113.17 on Monday. The company has a market capitalization of $36.73 billion, a P/E ratio of 10.59, a PEG ratio of 0.87 and a beta of 1.28. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. United Airlines Holdings Inc has a one year low of $84.64 and a one year high of $138.77. The business’s 50 day simple moving average is $124.00 and its 200-day simple moving average is $108.55.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The business had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. During the same period in the prior year, the company earned $3.87 EPS. United Airlines’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, sell-side analysts predict that United Airlines Holdings Inc will post 10.38 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on UAL. Bank of America upped their target price on shares of United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Barclays lifted their price objective on United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Citigroup upped their price objective on United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. The Goldman Sachs Group increased their target price on United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Finally, Sanford C. Bernstein raised their target price on United Airlines from $136.00 to $153.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Sixteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $156.79.

About United Airlines

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.