Mitsubishi UFJ Trust & Banking Corp lessened its position in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 14.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 85,006 shares of the transportation company’s stock after selling 14,232 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in United Airlines were worth $6,769,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of UAL. Rosenberg Matthew Hamilton boosted its holdings in shares of 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 purchasing an additional 116 shares during the period. Pinnacle Associates Ltd. raised its position in 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 purchasing an additional 116 shares during the last quarter. Parkside Financial Bank & Trust grew its position in shares of United Airlines by 8.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,759 shares of the transportation company’s stock worth $140,000 after buying an additional 143 shares during the last quarter. Wedbush Securities Inc. grew its position in shares of United Airlines by 3.3% in the 1st quarter. Wedbush Securities Inc. now owns 4,651 shares of the transportation company’s stock worth $321,000 after buying an additional 147 shares during the last quarter. Finally, Foster Group Inc. increased its stake in shares of United Airlines by 2.8% during the second quarter. Foster Group Inc. now owns 5,392 shares of the transportation company’s stock valued at $429,000 after buying an additional 148 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.
Analyst Ratings Changes
Several analysts recently weighed in on UAL shares. Loop Capital set a $110.00 price target on shares of United Airlines in a report on Tuesday, October 21st. Jefferies Financial Group lifted their target price on shares of United Airlines from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. Cowen reiterated a “buy” rating on shares of United Airlines in a research report on Monday, October 20th. UBS Group lowered their price objective 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. Finally, Barclays lifted their price objective on United Airlines from $115.00 to $135.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $125.38.
United Airlines Price Performance
Shares of NASDAQ UAL opened at $89.95 on Tuesday. The company has a 50 day simple moving average of $99.07 and a two-hundred day simple moving average of $90.88. United Airlines Holdings Inc has a fifty-two week low of $52.00 and a fifty-two week high of $116.00. The company has a market capitalization of $29.12 billion, a price-to-earnings ratio of 9.01, a P/E/G ratio of 0.89 and a beta of 1.45. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.61 and a current ratio of 0.67.
United Airlines (NASDAQ:UAL – Get Free Report) last posted its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $15.31 billion. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.33 EPS. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Analysts expect that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.
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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