CX Institutional Has $290,000 Stock Position in United Airlines Holdings Inc $UAL

CX Institutional raised its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 8.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,638 shares of the transportation company’s stock after buying an additional 293 shares during the quarter. CX Institutional’s holdings in United Airlines were worth $290,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of UAL. Bison Wealth LLC acquired a new stake in shares of United Airlines during the 4th quarter worth approximately $246,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of United Airlines during the 4th quarter worth approximately $5,817,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of United Airlines by 9.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 23,340 shares of the transportation company’s stock worth $2,266,000 after purchasing an additional 2,108 shares in the last quarter. 111 Capital acquired a new stake in shares of United Airlines during the 4th quarter worth approximately $206,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of United Airlines by 45.6% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,034 shares of the transportation company’s stock worth $71,000 after purchasing an additional 324 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UAL. Cowen reissued a “buy” rating on shares of United Airlines in a report on Tuesday, July 15th. 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. Barclays restated an “overweight” rating and set a $100.00 target price (up previously from $94.00) on shares of United Airlines in a research report on Tuesday, July 15th. 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. Finally, UBS Group raised their target price on United Airlines from $114.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $113.79.

Insider Transactions at United Airlines

In other news, Director Barney Harford sold 15,823 shares of the business’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $90.03, for a total transaction of $1,424,544.69. Following the completion of the sale, the director owned 89,000 shares in the company, valued at $8,012,670. The trade was a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of the business’s stock in a transaction on Friday, July 18th. The stock was sold at an average price of $92.22, for a total value of $1,844,400.00. Following the sale, the executive vice president owned 62,358 shares of the company’s stock, valued at approximately $5,750,654.76. The trade was a 24.28% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 106,791 shares of company stock worth $9,992,318. 0.71% of the stock is owned by company insiders.

United Airlines Trading Down 1.3%

Shares of UAL opened at $97.91 on Friday. The stock has a fifty day moving average price of $99.05 and a two-hundred day moving average price of $83.46. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.65 and a current ratio of 0.70. United Airlines Holdings Inc has a 52-week low of $52.00 and a 52-week high of $116.00. The company has a market cap of $31.70 billion, a price-to-earnings ratio of 9.81, a PEG ratio of 1.27 and a beta of 1.47.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Wednesday, July 16th. The transportation company reported $3.87 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $15.31 billion. During the same quarter in the previous year, the company posted $4.14 EPS. The business’s revenue for the quarter 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 predict that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

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.