2,522 Shares in United Airlines Holdings Inc $UAL Purchased by Emprise Bank

Emprise Bank acquired a new position in United Airlines Holdings Inc (NASDAQ:UAL) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,522 shares of the transportation company’s stock, valued at approximately $201,000.

Several other hedge funds have also recently bought and sold shares of the business. Czech National Bank lifted its stake in United Airlines by 5.7% in the 2nd quarter. Czech National Bank now owns 79,832 shares of the transportation company’s stock worth $6,357,000 after acquiring an additional 4,295 shares in the last quarter. ACT Wealth Management LLC lifted its stake in United Airlines by 17.2% in the 2nd quarter. ACT Wealth Management LLC now owns 3,722 shares of the transportation company’s stock worth $296,000 after acquiring an additional 547 shares in the last quarter. Apella Capital LLC lifted its stake in United Airlines by 4.1% in the 2nd quarter. Apella Capital LLC now owns 36,509 shares of the transportation company’s stock worth $2,961,000 after acquiring an additional 1,432 shares in the last quarter. Gallacher Capital Management LLC purchased a new stake in United Airlines in the 2nd quarter worth about $277,000. Finally, Parallel Advisors LLC lifted its stake in United Airlines by 15.9% in the 2nd quarter. Parallel Advisors LLC now owns 5,781 shares of the transportation company’s stock worth $460,000 after acquiring an additional 792 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on UAL shares. UBS Group increased their price objective on United Airlines from $103.00 to $114.00 and gave the stock a “buy” rating in a research note on Tuesday, July 15th. Bank of America raised their price target on United Airlines from $90.00 to $108.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Wall Street Zen downgraded United Airlines from a “buy” rating to a “hold” rating in a research note on Friday, July 18th. Barclays reaffirmed an “overweight” rating and set a $100.00 price target (up from $94.00) on shares of United Airlines in a research note on Tuesday, July 15th. Finally, TD Cowen raised their price target on United Airlines from $101.00 to $127.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, United Airlines presently has a consensus rating of “Buy” and an average target price of $112.57.

United Airlines Stock Down 1.9%

Shares of UAL stock opened at $104.55 on Tuesday. The stock’s 50 day simple moving average is $96.25 and its 200 day simple moving average is $82.20. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.65 and a current ratio of 0.70. United Airlines Holdings Inc has a twelve month low of $50.31 and a twelve month high of $116.00. The company has a market capitalization of $33.85 billion, a price-to-earnings ratio of 10.48, a PEG ratio of 1.38 and a beta of 1.47.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Wednesday, July 16th. The transportation company reported $3.87 earnings per share for the quarter, beating analysts’ consensus estimates of $3.81 by $0.06. United Airlines had a return on equity of 30.09% and a net margin of 5.71%.The business had revenue of $15.24 billion for the quarter, compared to the consensus estimate of $15.31 billion. During the same period last year, the business earned $4.14 EPS. The firm’s revenue was up 1.4% compared to the same quarter last year. United Airlines has set its FY 2025 guidance at 9.000-11.000 EPS. As a group, research analysts predict that United Airlines Holdings Inc will post 12.96 EPS for the current year.

Insiders Place Their Bets

In related news, President Brett J. Hart sold 24,772 shares of the firm’s stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $89.50, for a total value of $2,217,094.00. Following the transaction, the president directly owned 283,638 shares of the company’s stock, valued at approximately $25,385,601. This trade represents a 8.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of $92.22, for a total value of $1,844,400.00. Following the completion of the transaction, the executive vice president directly owned 62,358 shares in the company, valued at $5,750,654.76. The trade was a 24.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 106,791 shares of company stock worth $9,992,318 in the last three months. 0.63% of the stock is owned by insiders.

United Airlines Company Profile

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.