Cetera Investment Advisers Increases Stock Position in United Airlines Holdings Inc $UAL

Cetera Investment Advisers lifted its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 10.3% during the first quarter, Holdings Channel reports. The institutional investor owned 104,101 shares of the transportation company’s stock after acquiring an additional 9,739 shares during the quarter. Cetera Investment Advisers’ holdings in United Airlines were worth $9,585,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of UAL. Legacy Wealth Managment LLC ID bought a new position in shares of United Airlines during the fourth quarter valued at approximately $25,000. JPL Wealth Management LLC bought a new stake in shares of United Airlines in the 3rd quarter worth approximately $29,000. Cache Advisors LLC bought a new stake in shares of United Airlines in the 1st quarter worth approximately $33,000. BOCHK Asset Management Ltd bought a new stake in shares of United Airlines in the 4th quarter worth approximately $34,000. Finally, Motiv8 Investments LLC purchased a new stake in shares of United Airlines in the 4th quarter worth approximately $35,000. 69.69% of the stock is currently owned by institutional investors.

United Airlines Stock Up 3.5%

UAL opened at $123.56 on Friday. The stock has a market capitalization of $40.11 billion, a price-to-earnings ratio of 11.56, a PEG ratio of 0.88 and a beta of 1.25. The firm has a 50 day moving average price of $118.96 and a 200-day moving average price of $106.93. United Airlines Holdings Inc has a twelve month low of $82.42 and a twelve month high of $138.77. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45.

United Airlines (NASDAQ:UAL) last issued its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.11. The company had revenue of $17.67 billion for the quarter, compared to analysts’ expectations of $17.62 billion. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the company posted $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Equities research analysts forecast that United Airlines Holdings Inc will post 10.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on UAL. Susquehanna cut their target price on United Airlines from $172.00 to $165.00 and set a “positive” rating on the stock in a research note on Friday, July 17th. BMO Capital Markets increased their price objective on shares of United Airlines from $130.00 to $157.50 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Wells Fargo & Company lifted their target price on shares of United Airlines from $130.00 to $165.00 and gave the stock an “overweight” rating in a report on Tuesday, June 30th. Morgan Stanley increased their price target on shares of United Airlines from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Finally, Barclays boosted their price objective on shares of United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Sixteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $156.79.

Insider Transactions at United Airlines

In other United Airlines news, EVP Kate Gebo sold 34,669 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $105.41, for a total value of $3,654,459.29. Following the transaction, the executive vice president directly owned 67,707 shares of the company’s stock, valued at approximately $7,136,994.87. This trade represents a 33.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO J Scott Kirby sold 159,321 shares of the business’s stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the sale, the chief executive officer owned 797,851 shares of the company’s stock, valued at approximately $94,186,310.55. This represents a 16.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 303,010 shares of company stock worth $35,552,943. Company insiders own 0.86% of the company’s stock.

About United Airlines

United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.

In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.