13,254 Shares in United Airlines Holdings Inc $UAL Acquired by Scientech Research LLC

Scientech Research LLC bought a new position in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 13,254 shares of the transportation company's stock, valued at approximately $915,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in United Airlines by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 36,961,616 shares of the transportation company's stock worth $2,552,200,000 after purchasing an additional 413,753 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in United Airlines by 2.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,010,293 shares of the transportation company's stock worth $415,011,000 after purchasing an additional 125,284 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in shares of 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 buying an additional 5,021,511 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of United Airlines by 26.1% during the first quarter. Invesco Ltd. now owns 4,661,186 shares of the transportation company's stock worth $321,855,000 after buying an additional 964,388 shares during the last quarter. Finally, Alyeska Investment Group L.P. lifted its holdings in shares of United Airlines by 86.4% during the first quarter. Alyeska Investment Group L.P. now owns 3,985,560 shares of the transportation company's stock worth $275,203,000 after buying an additional 1,847,884 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at United Airlines

In other news, EVP Torbjorn J. Enqvist sold 20,000 shares of the business's stock in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of $92.22, for a total transaction of $1,844,400.00. Following the sale, the executive vice president directly owned 62,358 shares in the company, valued at approximately $5,750,654.76. The trade was a 24.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Barney Harford sold 9,000 shares of the company's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $97.76, for a total value of $879,840.00. Following the completion of the sale, the director owned 80,000 shares in the company, valued at $7,820,800. This trade represents a 10.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 106,791 shares of company stock valued at $9,992,318 in the last quarter. 0.63% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Barclays reiterated an "overweight" rating and set a $100.00 price target (up from $94.00) on shares of United Airlines in a report on Tuesday, July 15th. UBS Group upped their price target on United Airlines from $103.00 to $114.00 and gave the stock a "buy" rating in a report on Tuesday, July 15th. Wall Street Zen lowered United Airlines from a "buy" rating to a "hold" rating in a report on Friday, July 18th. Cowen reiterated a "buy" rating on shares of United Airlines in a report on Tuesday, July 15th. Finally, Evercore ISI reiterated an "outperform" rating and set a $105.00 price target on shares of United Airlines in a report on Thursday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $111.43.

United Airlines Stock Performance

UAL opened at $106.59 on Monday. The stock has a market cap of $34.51 billion, a PE ratio of 10.68, a P/E/G ratio of 1.38 and a beta of 1.47. The company has a current ratio of 0.70, a quick ratio of 0.65 and a debt-to-equity ratio of 1.56. United Airlines Holdings Inc has a 1 year low of $44.85 and a 1 year high of $116.00. The stock's 50 day simple moving average is $93.14 and its 200-day simple moving average is $81.73.

United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The transportation company reported $3.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.81 by $0.06. The business had revenue of $15.24 billion for the quarter, compared to analysts' expectations of $15.31 billion. United Airlines had a return on equity of 30.09% and a net margin of 5.71%.United Airlines's quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the business posted $4.14 earnings per share. United Airlines has set its FY 2025 guidance at 9.000-11.000 EPS. Sell-side analysts forecast that United Airlines Holdings Inc will post 12.96 EPS for the current 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.

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