Praxis Investment Management Inc. Trims Stock Position in United Airlines Holdings Inc $UAL

Praxis Investment Management Inc. lessened its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 13.9% during the 2nd quarter, Holdings Channel reports. The firm owned 11,600 shares of the transportation company’s stock after selling 1,870 shares during the quarter. Praxis Investment Management Inc.’s holdings in United Airlines were worth $924,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Rosenberg Matthew Hamilton lifted its stake in shares of United Airlines by 14.2% during the second quarter. Rosenberg Matthew Hamilton now owns 935 shares of the transportation company’s stock valued at $74,000 after buying an additional 116 shares during the period. Wedbush Securities Inc. lifted its stake in shares of United Airlines by 3.3% during the first quarter. Wedbush Securities Inc. now owns 4,651 shares of the transportation company’s stock valued at $321,000 after buying an additional 147 shares during the period. Foster Group Inc. lifted its stake in shares of United Airlines by 2.8% during the second quarter. Foster Group Inc. now owns 5,392 shares of the transportation company’s stock valued at $429,000 after buying an additional 148 shares during the period. Principal Securities Inc. lifted its stake in shares of United Airlines by 2.0% during the first quarter. Principal Securities Inc. now owns 7,758 shares of the transportation company’s stock valued at $536,000 after buying an additional 149 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its stake in shares of United Airlines by 15.6% during the first quarter. Creative Financial Designs Inc. ADV now owns 1,110 shares of the transportation company’s stock valued at $77,000 after buying an additional 150 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on UAL shares. Morgan Stanley reissued an “overweight” rating and set a $140.00 price objective on shares of United Airlines in a research note on Friday. Bank of America upped their price objective on shares of United Airlines from $90.00 to $108.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Cowen reaffirmed a “buy” rating on shares of United Airlines in a research note on Tuesday, July 15th. Wall Street Zen raised shares of United Airlines from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, UBS Group cut their price target on shares of United Airlines from $131.00 to $128.00 and set a “buy” rating on the stock in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $124.69.

Insider Buying and Selling at United Airlines

In other news, Director Barney Harford sold 15,823 shares of the firm’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $90.03, for a total value of $1,424,544.69. Following the transaction, the director owned 89,000 shares of the company’s stock, valued at approximately $8,012,670. This trade represents a 15.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kate Gebo sold 29,953 shares of the firm’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $97.59, for a total transaction of $2,923,113.27. Following the completion of the transaction, the executive vice president directly owned 45,496 shares in the company, valued at approximately $4,439,954.64. This represents a 39.70% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 86,791 shares of company stock worth $8,147,918. 0.71% of the stock is currently owned by insiders.

United Airlines Stock Performance

Shares of UAL stock opened at $99.14 on Friday. The company’s fifty day simple moving average is $101.66 and its 200-day simple moving average is $85.94. United Airlines Holdings Inc has a 52 week low of $52.00 and a 52 week high of $116.00. The company has a current ratio of 0.67, a quick ratio of 0.65 and a debt-to-equity ratio of 1.45. The company has a market cap of $32.09 billion, a PE ratio of 9.93, a P/E/G ratio of 1.24 and a beta of 1.45.

United Airlines (NASDAQ:UAL) last issued 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. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.31 billion. During the same quarter last year, the firm posted $3.33 EPS. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. As a group, equities research analysts anticipate that United Airlines Holdings Inc will post 12.96 EPS for the current year.

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.