Deutsche Bank AG Purchases New Holdings in United Airlines Holdings Inc $UAL

Deutsche Bank AG acquired a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,313,117 shares of the transportation company's stock, valued at approximately $178,571,000. Deutsche Bank AG owned approximately 0.40% of United Airlines at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. increased their target price on United Airlines from $156.00 to $203.00 and gave the stock an "overweight" rating in a research note on Friday, July 17th. Sanford C. Bernstein upped their price target on shares of United Airlines from $136.00 to $153.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 1st. Jefferies Financial Group reissued a "buy" rating and set a $155.00 price objective on shares of United Airlines in a research report on Sunday, July 19th. Susquehanna decreased their target price on shares of United Airlines from $172.00 to $165.00 and set a "positive" rating for the company in a report on Friday, July 17th. Finally, The Goldman Sachs Group upped their target price on shares of United Airlines from $131.00 to $162.00 and gave the stock a "buy" rating in a research note on Thursday, July 2nd. Sixteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $156.79.

United Airlines Trading Down 2.9%

Shares of NASDAQ:UAL opened at $118.72 on Wednesday. The company 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. 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 Holdings Inc has a 1 year low of $84.64 and a 1 year high of $138.77. The stock's fifty day moving average price is $123.80 and its 200-day moving average price is $108.36.

United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The company had revenue of $17.67 billion during the quarter, compared to the consensus estimate of $17.62 billion. During the same period last year, the company earned $3.87 EPS. United Airlines's revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Sell-side analysts expect that United Airlines Holdings Inc will post 10.48 earnings per share for the current year.

Insider Activity

In related news, EVP Kate Gebo sold 5,331 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total transaction of $562,473.81. Following the transaction, the executive vice president owned 60,393 shares in the company, valued at $6,372,065.43. This represents a 8.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO J Scott Kirby sold 159,321 shares of the firm's stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the completion of the sale, the chief executive officer owned 797,851 shares in the company, valued at $94,186,310.55. This represents a 16.64% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 306,010 shares of company stock worth $35,949,843. 0.86% of the stock is owned by corporate insiders.

United Airlines 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.

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