Sei Investments Co. Has $37.39 Million Position in United Airlines Holdings Inc $UAL

Sei Investments Co. boosted its stake in United Airlines Holdings Inc (NASDAQ:UAL) by 7.8% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 406,095 shares of the transportation company’s stock after buying an additional 29,508 shares during the period. Sei Investments Co.’s holdings in United Airlines were worth $37,388,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. State of Wyoming grew its holdings in United Airlines by 44.7% in the 1st quarter. State of Wyoming now owns 3,151 shares of the transportation company’s stock valued at $290,000 after buying an additional 974 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of United Airlines by 10.3% in the first quarter. Cetera Investment Advisers now owns 104,101 shares of the transportation company’s stock valued at $9,585,000 after acquiring an additional 9,739 shares during the period. Levin Capital Strategies L.P. bought a new stake in shares of United Airlines in the first quarter valued at about $249,000. First Citizens Bank & Trust Co. grew its stake in shares of United Airlines by 0.7% in the first quarter. First Citizens Bank & Trust Co. now owns 104,854 shares of the transportation company’s stock valued at $9,654,000 after acquiring an additional 712 shares in the last quarter. Finally, CI Investments Inc. increased its position in United Airlines by 1,140.7% during the first quarter. CI Investments Inc. now owns 23,250 shares of the transportation company’s stock worth $2,141,000 after acquiring an additional 21,376 shares during the period. 69.69% of the stock is owned by institutional investors.

United Airlines Stock Performance

Shares of United Airlines stock opened at $118.27 on Monday. United Airlines Holdings Inc has a fifty-two week low of $82.42 and a fifty-two week high of $138.77. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. The firm has a market capitalization of $38.39 billion, a P/E ratio of 11.06, a P/E/G ratio of 0.87 and a beta of 1.25. The company’s 50 day moving average price is $116.80 and its two-hundred day moving average price is $106.78.

United Airlines (NASDAQ:UAL) last posted its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The firm had revenue of $17.67 billion for the quarter, compared to analysts’ expectations of $17.62 billion. During the same quarter in the previous year, the firm posted $3.87 earnings per share. The company’s revenue was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, equities analysts forecast that United Airlines Holdings Inc will post 10.48 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Andrew P. Nocella sold 7,000 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $90.19, for a total transaction of $631,330.00. Following the sale, the executive vice president directly owned 215,345 shares in the company, valued at approximately $19,421,965.55. The trade was a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO J Scott Kirby sold 48,303 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $121.30, for a total value of $5,859,153.90. Following the completion of the transaction, the chief executive officer directly owned 798,929 shares of the company’s stock, valued at $96,910,087.70. This represents a 5.70% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 96,381 shares of company stock valued at $10,837,575 in the last 90 days. Corporate insiders own 0.86% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on UAL shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of United Airlines in a report on Friday, July 17th. Morgan Stanley raised their price objective on United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. JPMorgan Chase & Co. upped their target price on United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Wall Street Zen upgraded United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, Barclays increased their price objective on shares of United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Sixteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $156.79.

About United Airlines

United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.

In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.