Securian Asset Management Inc. reduced its position in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 1.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,013 shares of the transportation company’s stock after selling 315 shares during the period. Securian Asset Management Inc.’s holdings in United Airlines were worth $1,355,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its stake in United Airlines by 1.1% in the 1st quarter. Bank of New York Mellon Corp now owns 1,520,643 shares of the transportation company’s stock worth $105,000,000 after purchasing an additional 16,477 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in United Airlines during the 1st quarter valued at approximately $15,089,000. Generate Investment Management Ltd acquired a new stake in United Airlines during the 1st quarter valued at approximately $10,773,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in United Airlines by 147.5% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 16,113 shares of the transportation company’s stock valued at $1,113,000 after acquiring an additional 9,604 shares during the period. Finally, Deutsche Bank AG lifted its stake in United Airlines by 10.5% during the 1st quarter. Deutsche Bank AG now owns 1,395,615 shares of the transportation company’s stock valued at $96,367,000 after acquiring an additional 132,373 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other United Airlines news, EVP Kate Gebo sold 6,343 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $97.81, for a total value of $620,408.83. Following the transaction, the executive vice president owned 69,106 shares of the company’s stock, valued at $6,759,257.86. This represents a 8.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Barney Harford sold 9,000 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $97.76, for a total transaction of $879,840.00. Following the completion of the transaction, the director directly owned 80,000 shares in the company, valued at $7,820,800. The trade was a 10.11% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 86,791 shares of company stock worth $8,147,918. Company insiders own 0.71% of the company’s stock.
United Airlines Trading Down 3.8%
United Airlines (NASDAQ:UAL – Get Free Report) last announced its quarterly earnings data on Wednesday, October 15th. The transportation company reported $2.78 earnings per share (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 firm had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.31 billion. During the same quarter in the prior year, the firm posted $3.33 earnings per share. United Airlines’s quarterly 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. Sell-side analysts forecast that United Airlines Holdings Inc will post 12.96 EPS for the current year.
Wall Street Analyst Weigh In
Several research firms recently issued reports on UAL. Susquehanna boosted their target price on shares of United Airlines from $109.00 to $115.00 and gave the company a “positive” rating in a research note on Friday, October 3rd. JPMorgan Chase & Co. boosted their target price on shares of United Airlines from $149.00 to $156.00 and gave the company an “overweight” rating in a research note on Monday. Barclays upped their price objective on shares of United Airlines from $115.00 to $135.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Wall Street Zen upgraded shares of United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, October 18th. Finally, Bank of America upped their target price on shares of United Airlines from $90.00 to $108.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $124.93.
View Our Latest Stock Analysis on UAL
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.
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