Harbour Investments Inc. Sells 1,833 Shares of United Airlines Holdings Inc $UAL

Harbour Investments Inc. reduced its position in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 54.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,508 shares of the transportation company’s stock after selling 1,833 shares during the quarter. Harbour Investments Inc.’s holdings in United Airlines were worth $120,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bayforest Capital Ltd lifted its stake in shares of United Airlines by 840.0% in the second quarter. Bayforest Capital Ltd now owns 9,550 shares of the transportation company’s stock worth $760,000 after acquiring an additional 8,534 shares during the period. Sagespring Wealth Partners LLC acquired a new position in shares of United Airlines in the second quarter worth approximately $208,000. Axxcess Wealth Management LLC lifted its stake in shares of United Airlines by 29.5% in the second quarter. Axxcess Wealth Management LLC now owns 11,780 shares of the transportation company’s stock worth $938,000 after acquiring an additional 2,684 shares during the period. Heartland Bank & Trust Co acquired a new position in shares of United Airlines in the second quarter worth approximately $205,000. Finally, NorthRock Partners LLC acquired a new position in shares of United Airlines in the second quarter worth approximately $329,000. 69.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

UAL has been the topic of a number of recent analyst reports. Wall Street Zen raised United Airlines from a “hold” rating to a “buy” rating in a research note on Saturday, October 18th. Barclays lifted their price objective on United Airlines from $115.00 to $135.00 and gave the stock an “overweight” rating in a research note on Friday, October 17th. Loop Capital set a $110.00 price objective on United Airlines in a research note on Tuesday. UBS Group lowered their target price on United Airlines from $131.00 to $128.00 and set a “buy” rating for the company in a report on Friday, October 17th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $140.00 target price on shares of United Airlines in a report on Friday, October 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, United Airlines has a consensus rating of “Buy” and a consensus price target of $124.93.

Insider Activity

In other news, EVP Kate Gebo sold 6,343 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $97.81, for a total transaction of $620,408.83. Following the completion of the sale, the executive vice president owned 69,106 shares in the company, valued at $6,759,257.86. The trade was a 8.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Michelle Freyre sold 900 shares of the business’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $92.13, for a total value of $82,917.00. Following the sale, the director owned 829 shares of the company’s stock, valued at approximately $76,375.77. This represents a 52.05% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 62,019 shares of company stock worth $5,930,824 over the last quarter. 0.71% of the stock is currently owned by corporate insiders.

United Airlines Trading Down 0.6%

Shares of UAL stock opened at $95.68 on Friday. The company has a market cap of $30.98 billion, a P/E ratio of 9.59, a PEG ratio of 0.90 and a beta of 1.45. The stock has a 50 day simple moving average of $101.79 and a two-hundred day simple moving average of $86.94. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.61 and a current ratio of 0.67. United Airlines Holdings Inc has a fifty-two week low of $52.00 and a fifty-two week high of $116.00.

United Airlines (NASDAQ:UAL) last issued its earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share for the quarter, topping analysts’ consensus estimates of $2.65 by $0.13. The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.31 billion. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.The firm’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the previous year, the company posted $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Research analysts forecast that United Airlines Holdings Inc will post 12.96 earnings per share for the current year.

United Airlines Company Profile

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.