True Wealth Design LLC increased its holdings in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 1,446.3% in the second quarter, Holdings Channel reports. The firm owned 1,036 shares of the transportation company’s stock after acquiring an additional 969 shares during the period. True Wealth Design LLC’s holdings in United Airlines were worth $82,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rosenberg Matthew Hamilton grew its stake in United Airlines by 14.2% during the second quarter. Rosenberg Matthew Hamilton now owns 935 shares of the transportation company’s stock worth $74,000 after buying an additional 116 shares during the period. Pinnacle Associates Ltd. lifted its holdings in shares of United Airlines by 1.1% during the 2nd quarter. Pinnacle Associates Ltd. now owns 10,286 shares of the transportation company’s stock valued at $819,000 after acquiring an additional 116 shares in the last quarter. Wedbush Securities Inc. boosted its position in United Airlines by 3.3% during the 1st quarter. Wedbush Securities Inc. now owns 4,651 shares of the transportation company’s stock worth $321,000 after purchasing an additional 147 shares during the period. Foster Group Inc. boosted its position in United Airlines by 2.8% during the 2nd quarter. Foster Group Inc. now owns 5,392 shares of the transportation company’s stock worth $429,000 after purchasing an additional 148 shares during the period. Finally, Hemington Wealth Management increased its holdings in United Airlines by 50.6% in the 1st quarter. Hemington Wealth Management now owns 476 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 160 shares in the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages have commented on UAL. JPMorgan Chase & Co. boosted their price objective on United Airlines from $149.00 to $156.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. TD Cowen raised their target price on United Airlines from $127.00 to $138.00 and gave the company a “buy” rating in a report on Monday, October 20th. Jefferies Financial Group upped their price target on United Airlines from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Bank of America lifted their price objective on shares of United Airlines from $90.00 to $108.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Finally, UBS Group reduced their target price on shares of United Airlines from $131.00 to $128.00 and set a “buy” rating on the stock in a research report on Friday, October 17th. 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $124.93.
United Airlines Trading Up 1.8%
UAL opened at $97.43 on Friday. United Airlines Holdings Inc has a 12-month low of $52.00 and a 12-month high of $116.00. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.67 and a quick ratio of 0.61. The stock has a market capitalization of $31.54 billion, a PE ratio of 9.76, a P/E/G ratio of 0.89 and a beta of 1.45. The firm’s fifty day moving average price is $100.33 and its 200 day moving average price is $89.44.
United Airlines (NASDAQ:UAL – Get Free Report) last announced its quarterly earnings data on Wednesday, October 15th. The transportation company reported $2.78 earnings per share for the quarter, topping the consensus estimate of $2.65 by $0.13. The company had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.31 billion. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period last year, the business earned $3.33 EPS. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. As a group, research analysts expect that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.
Insider Activity
In related news, Director Barney Harford sold 9,000 shares of the business’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $97.76, for a total value of $879,840.00. Following the completion of the sale, the director directly owned 80,000 shares of the company’s stock, valued at $7,820,800. The trade was a 10.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kate Gebo sold 6,343 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $97.81, for a total value of $620,408.83. Following the transaction, the executive vice president directly owned 69,106 shares in the company, valued at approximately $6,759,257.86. This represents a 8.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 45,296 shares of company stock valued at $4,423,362. 0.71% of the stock is owned by corporate 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.
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