EP Wealth Advisors LLC acquired a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,804 shares of the transportation company’s stock, valued at approximately $925,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Dunhill Financial LLC bought a new position in shares of United Airlines during the second quarter worth about $25,000. Elevation Wealth Partners LLC increased its holdings in United Airlines by 393.0% in the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock valued at $29,000 after buying an additional 169 shares during the last quarter. Trust Co. of Vermont bought a new stake in United Airlines in the second quarter valued at about $29,000. Legacy Wealth Managment LLC ID acquired a new stake in United Airlines during the fourth quarter valued at approximately $25,000. Finally, Rakuten Securities Inc. acquired a new stake in United Airlines during the second quarter valued at approximately $32,000. Institutional investors own 69.69% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Bank of America lifted their target price on United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Wall Street Zen cut United Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. TD Cowen lifted their price objective on shares of United Airlines from $150.00 to $176.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. UBS Group boosted their target price on shares of United Airlines from $148.00 to $153.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of United Airlines in a report on Friday, July 17th. Sixteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $156.79.
Insider Transactions at United Airlines
In other United Airlines news, CEO J Scott Kirby sold 159,321 shares of the firm’s stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the sale, the chief executive officer owned 797,851 shares in the company, valued at approximately $94,186,310.55. This trade represents a 16.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kate Gebo sold 34,669 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $105.41, for a total value of $3,654,459.29. Following the transaction, the executive vice president owned 67,707 shares of the company’s stock, valued at approximately $7,136,994.87. This represents a 33.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 306,010 shares of company stock worth $35,949,843 in the last quarter. 0.86% of the stock is currently owned by corporate insiders.
United Airlines Price Performance
Shares of United Airlines stock opened at $113.17 on Monday. The stock has a market capitalization of $36.73 billion, a price-to-earnings ratio of 10.59, a PEG ratio of 0.87 and a beta of 1.28. United Airlines Holdings Inc has a twelve month low of $84.64 and a twelve month high of $138.77. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. The business’s 50 day simple moving average is $124.00 and its 200-day simple moving average is $108.55.
United Airlines (NASDAQ:UAL – Get Free Report) last issued its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The firm had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. During the same period last year, the company earned $3.87 earnings per share. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Equities research analysts forecast that United Airlines Holdings Inc will post 10.38 earnings per share for the current year.
United Airlines Company Profile
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.
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