United Airlines Holdings Inc $UAL Shares Acquired by Maverick Capital Ltd.

Maverick Capital Ltd. increased its position in United Airlines Holdings Inc (NASDAQ:UAL) by 127.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,323 shares of the transportation company’s stock after buying an additional 14,177 shares during the quarter. Maverick Capital Ltd.’s holdings in United Airlines were worth $1,749,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of UAL. Capital A Wealth Management LLC acquired a new position in shares of United Airlines in the 4th quarter worth $31,000. WPG Advisers LLC acquired a new position in shares of United Airlines in the 1st quarter worth $32,000. Hemington Wealth Management grew its holdings in shares of United Airlines by 50.6% in the 1st quarter. Hemington Wealth Management now owns 476 shares of the transportation company’s stock worth $32,000 after acquiring an additional 160 shares during the last quarter. Eastern Bank acquired a new position in shares of United Airlines in the 1st quarter worth $35,000. Finally, Ameriflex Group Inc. acquired a new position in shares of United Airlines in the 4th quarter worth $58,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

United Airlines Stock Performance

Shares of NASDAQ UAL opened at $105.00 on Monday. The business’s 50-day moving average price is $90.36 and its two-hundred day moving average price is $81.68. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.70 and a quick ratio of 0.65. United Airlines Holdings Inc has a one year low of $41.63 and a one year high of $116.00. The company has a market capitalization of $33.99 billion, a P/E ratio of 10.52, a price-to-earnings-growth ratio of 1.36 and a beta of 1.47.

United Airlines (NASDAQ:UAL) last issued its earnings results on Wednesday, July 16th. The transportation company reported $3.87 EPS for the quarter, beating analysts’ consensus estimates of $3.81 by $0.06. United Airlines had a return on equity of 30.09% and a net margin of 5.71%.The firm had revenue of $15.24 billion for the quarter, compared to the consensus estimate of $15.31 billion. During the same quarter in the previous year, the company posted $4.14 earnings per share. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. United Airlines has set its FY 2025 guidance at 9.000-11.000 EPS. Analysts anticipate that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.

Insider Activity

In other United Airlines news, Director Barney Harford sold 15,823 shares of the stock in a transaction on Friday, August 8th. The shares were sold at an average price of $90.03, for a total transaction of $1,424,544.69. Following the transaction, the director directly owned 89,000 shares of the company’s stock, valued at $8,012,670. This represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michelle Freyre sold 900 shares of the stock in a transaction on Monday, July 28th. The stock was sold at an average price of $92.13, for a total transaction of $82,917.00. Following the transaction, the director directly 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 disclosure for this sale can be found here. Over the last three months, insiders sold 106,791 shares of company stock valued at $9,992,318. Corporate insiders own 0.63% of the company’s stock.

Wall Street Analysts Forecast Growth

UAL has been the topic of a number of recent research reports. UBS Group lifted their target price on United Airlines from $103.00 to $114.00 and gave the stock a “buy” rating in a report on Tuesday, July 15th. Wall Street Zen cut United Airlines from a “buy” rating to a “hold” rating in a research report on Friday, July 18th. Bank of America raised their target price on United Airlines from $90.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. Cowen reaffirmed a “buy” rating on shares of United Airlines in a research report on Tuesday, July 15th. Finally, Susquehanna raised their target price on United Airlines from $81.00 to $109.00 and gave the stock a “positive” rating in a research report on Tuesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $111.43.

United Airlines 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.