BW Gestao de Investimentos Ltda. Takes Position in United Airlines Holdings Inc $UAL

Key Points

• BW Gestao de Investimentos Ltda. has invested $787,000 in United Airlines Holdings Inc, acquiring 11,400 shares during the first quarter, as disclosed in their latest SEC filing.
• United Airlines reported earnings of $3.87 per share for the last quarter, exceeding estimates, though its revenue was slightly below expectations at $15.24 billion.
• Analyst ratings for United Airlines are largely positive, with a consensus "Buy" rating and a price target of $111.43 according to MarketBeat.com.

BW Gestao de Investimentos Ltda. bought a new position in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,400 shares of the transportation company's stock, valued at approximately $787,000.

Other large investors have also added to or reduced their stakes in the company. Wedbush Securities Inc. lifted its position in shares of United Airlines by 3.3% during the 1st quarter. Wedbush Securities Inc. now owns 4,651 shares of the transportation company's stock valued at $321,000 after buying an additional 147 shares in the last quarter. Forum Financial Management LP raised its stake in United Airlines by 2.7% in the 4th quarter. Forum Financial Management LP now owns 5,723 shares of the transportation company's stock valued at $556,000 after purchasing an additional 148 shares during the last quarter. Principal Securities Inc. increased its stake in shares of United Airlines by 2.0% in the 1st quarter. Principal Securities Inc. now owns 7,758 shares of the transportation company's stock worth $536,000 after acquiring an additional 149 shares during the last quarter. Creative Financial Designs Inc. ADV increased its stake in shares of United Airlines by 15.6% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,110 shares of the transportation company's stock worth $77,000 after acquiring an additional 150 shares during the last quarter. Finally, Kendall Capital Management increased its position in shares of United Airlines by 2.2% during the 1st quarter. Kendall Capital Management now owns 6,900 shares of the transportation company's stock worth $476,000 after purchasing an additional 150 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors.

United Airlines Stock Up 0.5%

UAL stock traded up $0.54 during trading on Friday, hitting $106.59. 3,634,117 shares of the company's stock were exchanged, compared to its average volume of 4,646,877. The business has a 50-day moving average price of $93.14 and a two-hundred day moving average price of $81.87. The stock has a market capitalization of $34.51 billion, a price-to-earnings ratio of 10.68, a PEG ratio of 1.38 and a beta of 1.47. United Airlines Holdings Inc has a 52-week low of $44.85 and a 52-week high of $116.00. 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 (NASDAQ:UAL - Get Free Report) last posted its earnings results on Wednesday, July 16th. The transportation company reported $3.87 earnings per share for the quarter, topping 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 analysts' expectations of $15.31 billion. During the same quarter in the previous year, the business earned $4.14 earnings per share. The firm's revenue 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. As a group, equities research analysts expect that United Airlines Holdings Inc will post 12.96 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on UAL. Sanford C. Bernstein reissued an "outperform" rating on shares of United Airlines in a research report on Tuesday, May 13th. TD Cowen raised their target price on United Airlines from $101.00 to $127.00 and gave the company a "buy" rating in a report on Monday, July 21st. Bank of America raised their target price on United Airlines from $90.00 to $108.00 and gave the company a "buy" rating in a report on Friday, July 18th. Barclays restated an "overweight" rating and set a $100.00 target price (up from $94.00) on shares of United Airlines in a report on Tuesday, July 15th. Finally, UBS Group raised their target price on United Airlines from $103.00 to $114.00 and gave the company a "buy" rating in a report on Tuesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $111.43.

Insiders Place Their Bets

In related news, Director Barney Harford sold 15,823 shares of the company'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 transaction, the director owned 89,000 shares of the company's stock, valued at $8,012,670. This represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michelle Freyre sold 900 shares of the company's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $92.13, for a total value of $82,917.00. Following the transaction, the director directly owned 829 shares in the company, valued at $76,375.77. This represents a 52.05% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 106,791 shares of company stock valued at $9,992,318. 0.71% of the stock is owned by company insiders.

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.