United Airlines Holdings Inc $UAL Shares Sold by Peregrine Asset Advisers Inc.

Peregrine Asset Advisers Inc. lessened its position in United Airlines Holdings Inc (NASDAQ:UAL) by 3.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,677 shares of the transportation company’s stock after selling 1,903 shares during the period. United Airlines comprises 1.4% of Peregrine Asset Advisers Inc.’s portfolio, making the stock its 24th largest holding. Peregrine Asset Advisers Inc.’s holdings in United Airlines were worth $4,354,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp grew its holdings in United Airlines by 1.1% in the first quarter. Bank of New York Mellon Corp now owns 1,520,643 shares of the transportation company’s stock valued at $105,000,000 after purchasing an additional 16,477 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in United Airlines by 147.5% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 16,113 shares of the transportation company’s stock valued at $1,113,000 after purchasing an additional 9,604 shares during the period. Deutsche Bank AG grew its holdings in United Airlines by 10.5% in the first quarter. Deutsche Bank AG now owns 1,395,615 shares of the transportation company’s stock valued at $96,367,000 after purchasing an additional 132,373 shares during the period. Blueshift Asset Management LLC purchased a new stake in United Airlines in the first quarter valued at approximately $577,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in United Airlines in the first quarter valued at approximately $12,592,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on UAL shares. Bank of America boosted their target price on shares of United Airlines from $90.00 to $108.00 and gave the company a “buy” rating in a report on Friday, July 18th. UBS Group lowered their target price on shares of United Airlines from $131.00 to $128.00 and set a “buy” rating for the company in a report on Friday, October 17th. Loop Capital set a $110.00 target price on shares of United Airlines in a report on Tuesday, October 21st. Wall Street Zen upgraded shares of United Airlines from a “hold” rating to a “buy” rating in a research note on Saturday, October 18th. Finally, Weiss Ratings downgraded shares of United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $124.93.

Insiders Place Their Bets

In other news, Director Barney Harford sold 15,823 shares of the business’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $90.03, for a total transaction of $1,424,544.69. Following the transaction, the director directly owned 89,000 shares of the company’s stock, valued at approximately $8,012,670. The trade was a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kate Gebo sold 29,953 shares of the business’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $97.59, for a total transaction of $2,923,113.27. Following the transaction, the executive vice president directly owned 45,496 shares in the company, valued at approximately $4,439,954.64. The trade was a 39.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 61,119 shares of company stock worth $5,847,907. Corporate insiders own 0.71% of the company’s stock.

United Airlines Trading Up 0.7%

NASDAQ UAL opened at $94.04 on Monday. The company’s fifty day simple moving average is $101.21 and its 200-day simple moving average is $88.74. United Airlines Holdings Inc has a 52 week low of $52.00 and a 52 week high of $116.00. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 1.45. The stock has a market cap of $30.44 billion, a P/E ratio of 9.42, a PEG ratio of 0.89 and a beta of 1.45.

United Airlines (NASDAQ:UAL) last posted its 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. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The business had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.31 billion. During the same period in the previous year, the company posted $3.33 earnings per share. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Equities research analysts predict that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

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.