Arrowstreet Capital Limited Partnership Invests $22.63 Million in United Airlines Holdings Inc $UAL

Arrowstreet Capital Limited Partnership purchased a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 284,239 shares of the transportation company’s stock, valued at approximately $22,634,000.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of United Airlines by 1.0% in the second quarter. Vanguard Group Inc. now owns 37,330,017 shares of the transportation company’s stock valued at $2,972,589,000 after acquiring an additional 368,401 shares in the last quarter. Geode Capital Management LLC lifted its position in United Airlines by 1.0% in the second quarter. Geode Capital Management LLC now owns 8,819,876 shares of the transportation company’s stock valued at $704,994,000 after purchasing an additional 90,350 shares during the period. Dimensional Fund Advisors LP boosted its holdings in United Airlines by 2.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,010,293 shares of the transportation company’s stock valued at $415,011,000 after purchasing an additional 125,284 shares in the last quarter. Invesco Ltd. increased its position in United Airlines by 26.1% during the 1st quarter. Invesco Ltd. now owns 4,661,186 shares of the transportation company’s stock worth $321,855,000 after purchasing an additional 964,388 shares during the period. Finally, Alyeska Investment Group L.P. raised its stake in shares of United Airlines by 86.4% during the 1st quarter. Alyeska Investment Group L.P. now owns 3,985,560 shares of the transportation company’s stock worth $275,203,000 after buying an additional 1,847,884 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UAL. Jefferies Financial Group upped their price objective on United Airlines from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Susquehanna boosted their target price on shares of United Airlines from $109.00 to $115.00 and gave the stock a “positive” rating in a research report on Friday, October 3rd. Weiss Ratings downgraded shares of United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 8th. Morgan Stanley reiterated an “overweight” rating and issued a $140.00 price objective on shares of United Airlines in a research note on Friday, October 17th. Finally, Loop Capital set a $110.00 target price on shares of United Airlines in a research report on Tuesday, October 21st. Twelve research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $126.15.

United Airlines Trading Up 0.2%

Shares of United Airlines stock opened at $104.95 on Monday. United Airlines Holdings Inc has a 1 year low of $52.00 and a 1 year 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 business has a 50 day moving average price of $97.61 and a 200 day moving average price of $93.07. The company has a market capitalization of $33.98 billion, a P/E ratio of 10.52, a P/E/G ratio of 0.98 and a beta of 1.30.

United Airlines (NASDAQ:UAL) last announced its earnings results on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $2.65 by $0.13. The firm had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.31 billion. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.United Airlines’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.33 EPS. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Sell-side analysts anticipate that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

Insider Activity at United Airlines

In related news, CEO J Scott Kirby sold 120,000 shares of United Airlines stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $107.86, for a total transaction of $12,943,200.00. Following the completion of the sale, the chief executive officer owned 666,535 shares in the company, valued at approximately $71,892,465.10. This trade represents a 15.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.63% of the stock is currently owned by insiders.

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.