PensionDanmark Pensionsforsikringsaktieselskab Acquires 4,641 Shares of United Airlines Holdings Inc $UAL

PensionDanmark Pensionsforsikringsaktieselskab boosted its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 198.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 6,981 shares of the transportation company’s stock after acquiring an additional 4,641 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in United Airlines were worth $949,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. State Street Corp boosted its stake in shares of United Airlines by 0.5% in the 4th quarter. State Street Corp now owns 11,510,200 shares of the transportation company’s stock worth $1,287,071,000 after buying an additional 52,962 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of United Airlines by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 9,012,731 shares of the transportation company’s stock worth $1,015,218,000 after purchasing an additional 68,565 shares in the last quarter. Capital World Investors raised its holdings in United Airlines by 0.3% during the fourth quarter. Capital World Investors now owns 7,265,530 shares of the transportation company’s stock valued at $812,428,000 after acquiring an additional 22,464 shares during the period. Dimensional Fund Advisors LP lifted its holdings in United Airlines by 3.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,664,538 shares of the transportation company’s stock worth $521,330,000 after purchasing an additional 190,017 shares in the last quarter. Finally, Par Capital Management Inc. lifted its stake in United Airlines by 1.6% in the 4th quarter. Par Capital Management Inc. now owns 4,894,850 shares of the transportation company’s stock worth $547,342,000 after purchasing an additional 75,000 shares in the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Insider Transactions at United Airlines

In other United Airlines news, EVP Torbjorn J. Enqvist sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $119.91, for a total value of $2,398,200.00. Following the sale, the executive vice president owned 114,800 shares in the company, valued at approximately $13,765,668. This represents a 14.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Andrew P. Nocella sold 3,000 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $132.30, for a total transaction of $396,900.00. Following the sale, the executive vice president directly owned 219,955 shares in the company, valued at $29,100,046.50. This trade represents a 1.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 306,010 shares of company stock valued at $35,949,843. 0.86% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on UAL. Susquehanna cut their target price on shares of United Airlines from $172.00 to $165.00 and set a “positive” rating for the company in a report on Friday, July 17th. Wall Street Zen cut shares of United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Morgan Stanley increased their price target on United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Barclays upped their price target on shares of United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Finally, Citigroup lifted their target price on United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Sixteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $156.79.

United Airlines Trading Down 4.5%

NASDAQ UAL opened at $123.76 on Tuesday. The company has a fifty day simple moving average of $121.71 and a two-hundred day simple moving average of $107.67. United Airlines Holdings Inc has a 12-month low of $84.64 and a 12-month high of $138.77. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. The stock has a market cap of $40.17 billion, a P/E ratio of 11.58, a P/E/G ratio of 0.96 and a beta of 1.28.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The company had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. During the same quarter in the prior year, the company earned $3.87 EPS. United Airlines’s quarterly revenue was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, analysts forecast that United Airlines Holdings Inc will post 10.48 earnings per share for the current year.

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.