Assenagon Asset Management S.A. Cuts Stock Holdings in United Airlines Holdings Inc $UAL

Assenagon Asset Management S.A. lessened its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 3.9% during the first quarter, Holdings Channel.com reports. The firm owned 352,692 shares of the transportation company’s stock after selling 14,412 shares during the quarter. Assenagon Asset Management S.A.’s holdings in United Airlines were worth $32,472,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UAL. Legacy Wealth Managment LLC ID purchased a new position in United Airlines in the fourth quarter valued at about $25,000. JPL Wealth Management LLC acquired a new position in United Airlines during the third quarter worth $29,000. BOCHK Asset Management Ltd purchased a new stake in United Airlines during the fourth quarter worth $34,000. Motiv8 Investments LLC acquired a new stake in United Airlines in the fourth quarter valued at $35,000. Finally, JFS Wealth Advisors LLC increased its position in shares of United Airlines by 51.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the transportation company’s stock valued at $36,000 after buying an additional 108 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on UAL. Citigroup boosted their price objective on shares of United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a research report on Monday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of United Airlines in a report on Monday, April 20th. Jefferies Financial Group dropped their price objective on shares of United Airlines from $118.00 to $112.00 and set a “buy” rating for the company in a research note on Monday, April 27th. Morgan Stanley upped their target price on United Airlines from $150.00 to $182.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Finally, Susquehanna set a $135.00 target price on United Airlines in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, United Airlines presently has a consensus rating of “Moderate Buy” and an average price target of $139.53.

United Airlines Trading Up 1.1%

NASDAQ UAL opened at $136.11 on Friday. The company has a market cap of $44.18 billion, a P/E ratio of 12.15, a P/E/G ratio of 1.07 and a beta of 1.27. United Airlines Holdings Inc has a 12 month low of $77.36 and a 12 month high of $138.44. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.70 and a quick ratio of 0.64. The company has a 50-day moving average of $104.84 and a 200-day moving average of $104.92.

United Airlines (NASDAQ:UAL) last released its earnings results on Tuesday, April 21st. The transportation company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.11. The firm had revenue of $14.61 billion during the quarter, compared to the consensus estimate of $14.19 billion. United Airlines had a net margin of 6.06% and a return on equity of 24.33%. United Airlines’s revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.91 earnings per share. 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. As a group, equities analysts predict that United Airlines Holdings Inc will post 10.01 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Kate Gebo sold 5,331 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total value of $562,473.81. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO J Scott Kirby sold 1,078 shares of United Airlines stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $120.74, for a total transaction of $130,157.72. Following the transaction, the chief executive officer owned 797,851 shares in the company, valued at $96,332,529.74. The trade was a 0.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 96,381 shares of company stock worth $10,837,575 over the last ninety days. 0.86% of the stock is owned by company insiders.

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.