BlueCrest Capital Management Ltd Takes $21.04 Million Position in United Airlines Holdings Inc $UAL

BlueCrest Capital Management Ltd bought a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 264,200 shares of the transportation company’s stock, valued at approximately $21,038,000. United Airlines makes up about 0.8% of BlueCrest Capital Management Ltd’s investment portfolio, making the stock its 16th largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in 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 during the last quarter. State Street Corp raised its holdings in shares of United Airlines by 4.4% in the 2nd quarter. State Street Corp now owns 11,571,093 shares of the transportation company’s stock valued at $921,406,000 after purchasing an additional 489,795 shares during the period. Geode Capital Management LLC lifted its stake in United Airlines by 1.0% in the 2nd 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 last quarter. Dimensional Fund Advisors LP lifted its stake 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 during the last quarter. Finally, Invesco Ltd. grew its holdings in United Airlines by 2.9% during the second quarter. Invesco Ltd. now owns 4,798,423 shares of the transportation company’s stock worth $382,098,000 after purchasing an additional 137,237 shares during the period. 69.69% of the stock is owned by institutional investors.

United Airlines Stock Performance

UAL opened at $106.84 on Friday. 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 fifty day simple moving average of $98.71 and a 200 day simple moving average of $93.91. United Airlines Holdings Inc has a 1 year low of $52.00 and a 1 year high of $116.00. The company has a market capitalization of $34.59 billion, a PE ratio of 10.71, a price-to-earnings-growth ratio of 1.02 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.65 by $0.13. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The company had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.31 billion. During the same quarter in the previous year, the business posted $3.33 earnings per share. United Airlines’s quarterly revenue was up 2.6% on a year-over-year basis. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Research analysts expect that United Airlines Holdings Inc will post 12.96 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Jefferies Financial Group upped their price objective on United Airlines from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. JPMorgan Chase & Co. boosted their target price on United Airlines from $149.00 to $156.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. UBS Group began coverage on United Airlines in a report on Friday. They set a “buy” rating and a $142.00 price target for the company. BMO Capital Markets raised shares of United Airlines to a “strong-buy” rating in a research report on Tuesday. Finally, Citigroup began coverage on shares of United Airlines in a report on Thursday, December 4th. They issued a “buy” rating and a $132.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $127.07.

Insider Activity

In other news, CEO J Scott Kirby sold 120,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $107.86, for a total transaction of $12,943,200.00. Following the transaction, the chief executive officer directly owned 666,535 shares of the company’s stock, valued at approximately $71,892,465.10. This trade represents a 15.26% 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 hyperlink. 0.71% of the stock is currently owned by insiders.

United Airlines 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.