Dorsey Wright & Associates Sells 11,535 Shares of United Airlines Holdings Inc $UAL

Dorsey Wright & Associates trimmed its holdings in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 20.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 46,066 shares of the transportation company’s stock after selling 11,535 shares during the quarter. Dorsey Wright & Associates’ holdings in United Airlines were worth $3,668,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UAL. Pacer Advisors Inc. increased its stake in United Airlines by 10,777.6% during the first quarter. Pacer Advisors Inc. now owns 5,068,103 shares of the transportation company’s stock worth $349,953,000 after acquiring an additional 5,021,511 shares during the last quarter. Alyeska Investment Group L.P. boosted its holdings in shares of United Airlines by 86.4% in the 1st quarter. Alyeska Investment Group L.P. now owns 3,985,560 shares of the transportation company’s stock worth $275,203,000 after purchasing an additional 1,847,884 shares during the period. AQR Capital Management LLC increased its position in shares of United Airlines by 334.6% during the 1st quarter. AQR Capital Management LLC now owns 1,793,454 shares of the transportation company’s stock valued at $116,539,000 after purchasing an additional 1,380,804 shares during the last quarter. Allianz Asset Management GmbH increased its position in shares of United Airlines by 1,575.1% during the 1st quarter. Allianz Asset Management GmbH now owns 1,277,374 shares of the transportation company’s stock valued at $88,203,000 after purchasing an additional 1,201,118 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in United Airlines by 352.6% during the 2nd quarter. Assetmark Inc. now owns 1,468,818 shares of the transportation company’s stock valued at $116,962,000 after buying an additional 1,144,296 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on UAL. Barclays lifted their price objective on shares of United Airlines from $115.00 to $135.00 and gave the stock an “overweight” rating in a research note on Friday, October 17th. JPMorgan Chase & Co. lifted their price target on shares of United Airlines from $149.00 to $156.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Wall Street Zen downgraded shares of United Airlines from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Morgan Stanley reissued an “overweight” rating and issued a $140.00 price objective on shares of United Airlines in a research note on Friday, October 17th. Finally, Cowen restated a “buy” rating on shares of United Airlines in a research report on Monday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, United Airlines currently has an average rating of “Buy” and a consensus target price of $125.38.

United Airlines Trading Up 2.2%

UAL stock opened at $91.92 on Wednesday. United Airlines Holdings Inc has a 12 month low of $52.00 and a 12 month high of $116.00. The firm’s 50-day moving average is $98.80 and its 200 day moving average is $91.00. The company has a market capitalization of $29.76 billion, a PE ratio of 9.21, a P/E/G ratio of 0.89 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) last issued its earnings results on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $2.65 by $0.13. The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.31 billion. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.33 EPS. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. On average, research analysts anticipate that United Airlines Holdings Inc will post 12.96 EPS 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.