Burns Matteson Capital Management LLC raised its position in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 157.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,568 shares of the transportation company’s stock after purchasing an additional 5,240 shares during the quarter. Burns Matteson Capital Management LLC’s holdings in United Airlines were worth $827,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of UAL. Rosenberg Matthew Hamilton raised its position in shares of United Airlines by 14.2% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 935 shares of the transportation company’s stock valued at $74,000 after purchasing an additional 116 shares during the period. Pinnacle Associates Ltd. increased its stake in United Airlines by 1.1% in the 2nd quarter. Pinnacle Associates Ltd. now owns 10,286 shares of the transportation company’s stock worth $819,000 after buying an additional 116 shares in the last quarter. AXA S.A. raised its holdings in United Airlines by 0.8% during the second quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock valued at $1,231,000 after acquiring an additional 121 shares during the period. Parkside Financial Bank & Trust lifted its position in shares of United Airlines by 8.8% in the second quarter. Parkside Financial Bank & Trust now owns 1,759 shares of the transportation company’s stock valued at $140,000 after acquiring an additional 143 shares in the last quarter. Finally, Foster Group Inc. lifted its position in shares of United Airlines by 2.8% in the second quarter. Foster Group Inc. now owns 5,392 shares of the transportation company’s stock valued at $429,000 after acquiring an additional 148 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on UAL shares. UBS Group began coverage on United Airlines in a research report on Friday, December 12th. They set a “buy” rating and a $142.00 target price for the company. Morgan Stanley reaffirmed an “overweight” rating and set a $140.00 price objective on shares of United Airlines in a report on Friday, October 17th. Wells Fargo & Company assumed coverage on shares of United Airlines in a report on Thursday, December 18th. They issued an “overweight” rating and a $145.00 target price on the stock. BMO Capital Markets upgraded shares of United Airlines to a “strong-buy” rating in a research report on Tuesday, December 9th. Finally, Loop Capital set a $110.00 price target on shares of United Airlines in a report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $128.27.
Insider Activity at United Airlines
In related news, CEO J Scott Kirby sold 120,000 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $107.86, for a total value of $12,943,200.00. Following the completion of the transaction, the chief executive officer 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.71% of the company’s stock.
United Airlines Stock Down 0.7%
NASDAQ UAL opened at $114.04 on Friday. The stock has a 50 day moving average price of $101.44 and a 200-day moving average price of $96.17. United Airlines Holdings Inc has a one year low of $52.00 and a one year high of $116.32. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.61 and a current ratio of 0.67. The company has a market capitalization of $36.92 billion, a P/E ratio of 11.43, a P/E/G ratio of 1.03 and a beta of 1.30.
United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly 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 for the quarter, compared to the consensus estimate of $15.31 billion. During the same quarter in the prior year, the firm earned $3.33 earnings per share. United Airlines’s 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. As a group, equities analysts predict that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal 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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