VIRGINIA RETIREMENT SYSTEMS ET Al Invests $6.37 Million in United Airlines Holdings Inc $UAL

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 80,000 shares of the transportation company’s stock, valued at approximately $6,370,000.

Several other hedge funds also recently made changes to their positions in the company. Rosenberg Matthew Hamilton boosted its position 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 purchasing an additional 116 shares in the last quarter. Wedbush Securities Inc. boosted its position 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 purchasing an additional 147 shares in the last quarter. Foster Group Inc. boosted its position 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 purchasing an additional 148 shares in the last quarter. Principal Securities Inc. boosted its position 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 purchasing an additional 149 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its position 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 purchasing an additional 150 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on UAL. Jefferies Financial Group lifted their price target on United Airlines from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, October 1st. Weiss Ratings cut United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Morgan Stanley reiterated an “overweight” rating and set a $140.00 price objective on shares of United Airlines in a research note on Friday. TD Cowen lifted their price objective on United Airlines from $127.00 to $138.00 and gave the company a “buy” rating in a research note on Monday. Finally, Wall Street Zen upgraded United Airlines from a “hold” rating to a “buy” rating in a research note on Saturday. Two 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. Based on data from MarketBeat.com, United Airlines presently has a consensus rating of “Buy” and an average price target of $126.08.

United Airlines Stock Up 2.2%

UAL stock opened at $101.29 on Tuesday. United Airlines Holdings Inc has a 1-year low of $52.00 and a 1-year high of $116.00. The business has a fifty day moving average price of $101.90 and a 200-day moving average price of $86.52. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.67 and a quick ratio of 0.61. The stock has a market capitalization of $32.79 billion, a P/E ratio of 10.15, a P/E/G ratio of 1.16 and a beta of 1.45.

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

Insiders Place Their Bets

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 owned 829 shares in the company, valued at $76,375.77. The trade was a 52.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kate Gebo sold 29,953 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $97.59, for a total value of $2,923,113.27. Following the sale, the executive vice president 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 position. The disclosure for this sale can be found here. Insiders have sold 86,791 shares of company stock worth $8,147,918 over the last three months. Company insiders own 0.63% of the company’s stock.

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.