TD Asset Management Inc decreased its position in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 57.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 151,747 shares of the transportation company’s stock after selling 201,838 shares during the period. TD Asset Management Inc’s holdings in United Airlines were worth $12,084,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the company. Wedbush Securities Inc. raised its holdings in United Airlines by 3.3% in the 1st quarter. Wedbush Securities Inc. now owns 4,651 shares of the transportation company’s stock valued at $321,000 after acquiring an additional 147 shares in the last quarter. Foster Group Inc. raised its holdings in United Airlines by 2.8% in the 2nd quarter. Foster Group Inc. now owns 5,392 shares of the transportation company’s stock valued at $429,000 after acquiring an additional 148 shares in the last quarter. Principal Securities Inc. raised its holdings in United Airlines by 2.0% in the 1st quarter. Principal Securities Inc. now owns 7,758 shares of the transportation company’s stock valued at $536,000 after acquiring an additional 149 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of United Airlines by 15.6% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,110 shares of the transportation company’s stock worth $77,000 after buying an additional 150 shares in the last quarter. Finally, Kendall Capital Management raised its holdings in shares of United Airlines by 2.2% in the 1st quarter. Kendall Capital Management now owns 6,900 shares of the transportation company’s stock worth $476,000 after buying an additional 150 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on the company. Wall Street Zen raised United Airlines from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group dropped their target price on United Airlines from $131.00 to $128.00 and set a “buy” rating for the company in a report on Friday. Weiss Ratings cut United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 8th. Jefferies Financial Group increased their target price on United Airlines from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Finally, TD Cowen increased their target price on United Airlines from $101.00 to $127.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $124.69.
United Airlines Stock Up 1.0%
NASDAQ UAL opened at $99.14 on Friday. The firm has a market cap of $32.09 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 1.26 and a beta of 1.45. United Airlines Holdings Inc has a one year low of $52.00 and a one year high of $116.00. The stock’s 50 day simple moving average is $101.66 and its 200 day simple moving average is $86.04. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.67 and a quick ratio of 0.65.
United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $2.65 by $0.13. The business had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.31 billion. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.United Airlines’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the prior year, the company earned $3.33 EPS. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. As a group, sell-side analysts forecast that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, President Brett J. Hart sold 24,772 shares of the stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $89.50, for a total transaction of $2,217,094.00. Following the sale, the president directly owned 283,638 shares in the company, valued at $25,385,601. This represents a 8.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kate Gebo sold 6,343 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $97.81, for a total value of $620,408.83. Following the completion of the transaction, the executive vice president owned 69,106 shares in the company, valued at $6,759,257.86. The trade was a 8.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 86,791 shares of company stock valued at $8,147,918 in the last 90 days. Insiders own 0.71% of the company’s stock.
About United Airlines
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.
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