BI Asset Management Fondsmaeglerselskab A S lowered its position in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 84.0% during the first quarter, HoldingsChannel reports. The firm owned 28,570 shares of the transportation company’s stock after selling 149,718 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in United Airlines were worth $2,630,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the business. Diversified Trust Co grew its stake in United Airlines by 8.4% during the 1st quarter. Diversified Trust Co now owns 2,527 shares of the transportation company’s stock valued at $233,000 after acquiring an additional 196 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in United Airlines by 42.4% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 3,819 shares of the transportation company’s stock worth $352,000 after purchasing an additional 1,137 shares in the last quarter. World Investment Advisors boosted its holdings in shares of United Airlines by 42.7% during the 4th quarter. World Investment Advisors now owns 10,576 shares of the transportation company’s stock worth $1,183,000 after purchasing an additional 3,167 shares during the last quarter. PeakShares LLC acquired a new position in shares of United Airlines during the 4th quarter worth approximately $58,000. Finally, Corient Private Wealth LLC grew its position in shares of United Airlines by 17.5% in the fourth quarter. Corient Private Wealth LLC now owns 108,672 shares of the transportation company’s stock valued at $12,152,000 after purchasing an additional 16,185 shares in the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently commented on UAL. UBS Group increased their price target on United Airlines from $148.00 to $153.00 and gave the company a “buy” rating in a report on Tuesday. Wall Street Zen raised United Airlines from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Jefferies Financial Group dropped their target price on United Airlines from $118.00 to $112.00 and set a “buy” rating for the company in a report on Monday, April 27th. TD Cowen raised United Airlines from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. Finally, Zacks Research upgraded United Airlines from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $135.76.
Insiders Place Their Bets
In other news, EVP Kate Gebo sold 5,331 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $105.51, for a total value of $562,473.81. Following the transaction, the executive vice president owned 60,393 shares of the company’s stock, valued at $6,372,065.43. This represents a 8.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Andrew P. Nocella sold 7,000 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $90.19, for a total value of $631,330.00. Following the transaction, the executive vice president owned 215,345 shares of the company’s stock, valued at approximately $19,421,965.55. This represents a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 96,381 shares of company stock valued at $10,837,575 over the last quarter. 0.86% of the stock is owned by insiders.
United Airlines Stock Performance
United Airlines stock opened at $121.55 on Wednesday. The firm has a 50 day simple moving average of $102.55 and a 200-day simple moving average of $104.31. The stock has a market cap of $39.45 billion, a price-to-earnings ratio of 10.85, a price-to-earnings-growth ratio of 0.95 and a beta of 1.27. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.70 and a quick ratio of 0.64. United Airlines Holdings Inc has a 1-year low of $76.17 and a 1-year high of $124.79.
United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The transportation company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.08 by $0.11. United Airlines had a net margin of 6.06% and a return on equity of 24.33%. The firm had revenue of $14.61 billion for the quarter, compared to analyst estimates of $14.19 billion. During the same quarter in the previous year, the company earned $0.91 EPS. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. United Airlines has set its FY 2026 guidance at 7.000-11.000 EPS and its Q2 2026 guidance at 1.000-2.000 EPS. On average, analysts expect that United Airlines Holdings Inc will post 10.01 EPS 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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