Deutsche Bank AG Acquires New Stake in United Airlines Holdings Inc $UAL

Deutsche Bank AG bought a new stake in United Airlines Holdings Inc (NASDAQ:UAL) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 1,313,117 shares of the transportation company’s stock, valued at approximately $178,571,000.

Several other institutional investors and hedge funds have also bought and sold shares of UAL. State Street Corp increased its position in shares of United Airlines by 0.5% during the 4th quarter. State Street Corp now owns 11,510,200 shares of the transportation company’s stock valued at $1,287,071,000 after purchasing an additional 52,962 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of United Airlines by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 9,012,731 shares of the transportation company’s stock worth $1,015,218,000 after purchasing an additional 68,565 shares during the period. Capital World Investors boosted its holdings in shares of United Airlines by 0.3% in the fourth quarter. Capital World Investors now owns 7,265,530 shares of the transportation company’s stock worth $812,428,000 after buying an additional 22,464 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of United Airlines by 3.5% in the first quarter. Dimensional Fund Advisors LP now owns 5,664,538 shares of the transportation company’s stock worth $521,330,000 after buying an additional 190,017 shares during the last quarter. Finally, Par Capital Management Inc. grew its position in United Airlines by 1.6% during the fourth quarter. Par Capital Management Inc. now owns 4,894,850 shares of the transportation company’s stock valued at $547,342,000 after buying an additional 75,000 shares during the period. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Stock Performance

UAL opened at $118.72 on Wednesday. The firm has a market cap of $38.53 billion, a P/E ratio of 11.11, a PEG ratio of 0.93 and a beta of 1.28. United Airlines Holdings Inc has a 1-year low of $84.64 and a 1-year high of $138.77. The company has a 50 day simple moving average of $123.80 and a two-hundred day simple moving average of $108.36. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.88 by $0.11. The firm had revenue of $17.67 billion during 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 company’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Equities analysts forecast that United Airlines Holdings Inc will post 10.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In other United Airlines news, EVP Andrew P. Nocella sold 4,200 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $120.48, for a total value of $506,016.00. Following the completion of the sale, the executive vice president owned 222,955 shares in the company, valued at approximately $26,861,618.40. This represents a 1.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Kate Gebo sold 34,669 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total value of $3,654,459.29. Following the sale, the executive vice president directly owned 67,707 shares in the company, valued at approximately $7,136,994.87. This represents a 33.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 306,010 shares of company stock worth $35,949,843 in the last three months. Corporate insiders own 0.86% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on UAL shares. Citigroup upped their target price on shares of United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Susquehanna dropped their price target on shares of 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 boosted 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. Bank of America upped their price objective on United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Finally, TD Cowen raised their target price on United Airlines from $150.00 to $176.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Sixteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, United Airlines currently has an average rating of “Moderate Buy” and a consensus target price of $156.79.

United Airlines Company Profile

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.