SYM FINANCIAL Corp acquired a new position in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,150 shares of the transportation company’s stock, valued at approximately $251,000.
A number of other hedge funds also recently modified their holdings of the company. AustralianSuper Pty Ltd bought a new stake in shares of United Airlines in the 2nd quarter worth approximately $44,984,000. Teacher Retirement System of Texas lifted its position in shares of United Airlines by 706.4% in the 2nd quarter. Teacher Retirement System of Texas now owns 137,864 shares of the transportation company’s stock worth $10,978,000 after acquiring an additional 120,767 shares during the period. Transcend Capital Advisors LLC raised its holdings in shares of United Airlines by 22.4% in the 2nd quarter. Transcend Capital Advisors LLC now owns 4,271 shares of the transportation company’s stock worth $340,000 after buying an additional 781 shares in the last quarter. Convergence Investment Partners LLC lifted its position in shares of United Airlines by 47.3% during the 2nd quarter. Convergence Investment Partners LLC now owns 15,202 shares of the transportation company’s stock worth $1,211,000 after buying an additional 4,882 shares during the period. Finally, Bessemer Group Inc. lifted its position in shares of United Airlines by 81.9% during the 2nd quarter. Bessemer Group Inc. now owns 10,179 shares of the transportation company’s stock worth $811,000 after buying an additional 4,583 shares during the period. Institutional investors own 69.69% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts recently commented on the company. Morgan Stanley restated an “overweight” rating and set a $140.00 target price on shares of United Airlines in a research report on Friday, October 17th. TD Cowen raised their target price on United Airlines from $127.00 to $138.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. UBS Group cut their target price on United Airlines from $131.00 to $128.00 and set a “buy” rating for the company in a research report on Friday, October 17th. Weiss Ratings downgraded United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. Finally, Loop Capital set a $110.00 target price on United Airlines in a research report on Tuesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $124.93.
Insider Buying and Selling at United Airlines
In other news, Director Barney Harford sold 9,000 shares of United Airlines stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $97.76, for a total value of $879,840.00. Following the completion of the sale, the director directly owned 80,000 shares of the company’s stock, valued at approximately $7,820,800. This trade represents a 10.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kate Gebo sold 6,343 shares of United Airlines stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $97.81, for a total value of $620,408.83. Following the completion of the sale, the executive vice president directly owned 69,106 shares of the company’s stock, valued at $6,759,257.86. This trade represents a 8.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 61,119 shares of company stock valued at $5,847,907 over the last three months. Insiders own 0.63% of the company’s stock.
United Airlines Trading Down 0.5%
UAL stock opened at $98.80 on Tuesday. The business has a fifty day moving average price of $101.69 and a 200 day moving average price of $87.76. United Airlines Holdings Inc has a fifty-two week low of $52.00 and a fifty-two week high of $116.00. The stock has a market capitalization of $31.99 billion, a price-to-earnings ratio of 9.90, a P/E/G ratio of 0.92 and a beta of 1.45. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.67 and a quick ratio of 0.61.
United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share for the quarter, beating analysts’ consensus estimates 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 period last year, the firm posted $3.33 EPS. The business’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. Analysts expect that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal 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.
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