United Airlines Holdings Inc $UAL Shares Sold by US Bancorp DE

US Bancorp DE lessened its holdings in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 1.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 12,729 shares of the transportation company’s stock after selling 231 shares during the period. US Bancorp DE’s holdings in United Airlines were worth $1,014,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Pacer Advisors Inc. grew its stake in United Airlines by 10,777.6% during the 1st quarter. Pacer Advisors Inc. now owns 5,068,103 shares of the transportation company’s stock worth $349,953,000 after buying an additional 5,021,511 shares during the last quarter. Alyeska Investment Group L.P. grew its stake in United Airlines by 86.4% during the 1st quarter. Alyeska Investment Group L.P. now owns 3,985,560 shares of the transportation company’s stock worth $275,203,000 after buying an additional 1,847,884 shares during the last quarter. AQR Capital Management LLC grew its stake in United Airlines by 334.6% during the 1st quarter. AQR Capital Management LLC now owns 1,793,454 shares of the transportation company’s stock worth $116,539,000 after buying an additional 1,380,804 shares during the last quarter. Allianz Asset Management GmbH grew its stake in United Airlines by 1,575.1% during the 1st quarter. Allianz Asset Management GmbH now owns 1,277,374 shares of the transportation company’s stock worth $88,203,000 after buying an additional 1,201,118 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec purchased a new position in United Airlines during the 1st quarter worth approximately $72,722,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Insider Buying and Selling

In other news, Director Michelle Freyre sold 900 shares of the business’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $92.13, for a total value of $82,917.00. Following the completion of the transaction, the director directly owned 829 shares of the company’s stock, valued at $76,375.77. The trade was a 52.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Kate Gebo sold 29,953 shares of the business’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $97.59, for a total value of $2,923,113.27. Following the completion of the transaction, the executive vice president directly owned 45,496 shares of the company’s stock, valued at approximately $4,439,954.64. This trade represents a 39.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 86,791 shares of company stock valued at $8,147,918. 0.71% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on UAL. Morgan Stanley restated an “overweight” rating and set a $140.00 price target on shares of United Airlines in a research note on Friday. Bank of America raised their price target on United Airlines from $90.00 to $108.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. UBS Group dropped their price target on United Airlines from $131.00 to $128.00 and set a “buy” rating on the stock in a research note on Friday. TD Cowen lifted their target price on United Airlines from $101.00 to $127.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Finally, Weiss Ratings downgraded United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $124.69.

United Airlines Stock Performance

NASDAQ:UAL opened at $99.14 on Friday. 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 firm has a 50-day moving average price of $101.66 and a two-hundred day moving average price of $85.94. United Airlines Holdings Inc has a twelve month low of $52.00 and a twelve month high of $116.00. The company has a market capitalization of $32.09 billion, a P/E ratio of 9.93, a price-to-earnings-growth ratio of 1.24 and a beta of 1.45.

United Airlines (NASDAQ:UAL) last posted its earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share for the quarter, beating the consensus estimate of $2.65 by $0.13. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.31 billion. During the same period last year, the firm posted $3.33 EPS. The firm’s revenue for the quarter 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, research analysts expect that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal 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.