Dynamic Technology Lab Private Ltd Makes New Investment in United Airlines Holdings Inc $UAL

Key Points

• Dynamic Technology Lab Private Ltd has acquired 23,242 shares of United Airlines, valued at approximately $1.6 million, marking a significant investment in the company.
• A number of institutional investors have dramatically increased their stakes in United Airlines, with Pacer Advisors Inc. boosting their holdings by over 10,777% in the first quarter alone.
• United Airlines reported $3.87 earnings per share for the last quarter, exceeding analysts' expectations, and has set its FY 2025 guidance between $9.00 and $11.00 EPS.

Dynamic Technology Lab Private Ltd acquired a new stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 23,242 shares of the transportation company's stock, valued at approximately $1,605,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bison Wealth LLC bought a new stake in shares of United Airlines in the fourth quarter valued at approximately $246,000. Aptus Capital Advisors LLC purchased a new position in United Airlines in the 4th quarter valued at approximately $221,000. Captrust Financial Advisors raised its holdings in United Airlines by 15.0% during the 4th quarter. Captrust Financial Advisors now owns 18,519 shares of the transportation company's stock valued at $1,798,000 after acquiring an additional 2,415 shares during the period. Cetera Investment Advisers lifted its position in shares of United Airlines by 6.5% during the fourth quarter. Cetera Investment Advisers now owns 41,298 shares of the transportation company's stock worth $4,010,000 after acquiring an additional 2,521 shares in the last quarter. Finally, Crestline Management LP purchased a new stake in shares of United Airlines during the fourth quarter worth $291,000. Institutional investors own 69.69% of the company's stock.

Insider Activity at United Airlines

In related news, Director Barney Harford sold 15,823 shares of the firm's stock in a transaction dated 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 completion of the sale, the director directly owned 89,000 shares of the company's stock, valued at approximately $8,012,670. This trade represents a 15.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 owned 829 shares in the company, valued at $76,375.77. This trade represents a 52.05% 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 over the last ninety days. Corporate insiders own 0.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UAL. Cowen reiterated a "buy" rating on shares of United Airlines in a research note on Tuesday, July 15th. Barclays restated an "overweight" rating and issued a $100.00 target price (up from $94.00) on shares of United Airlines in a research note on Tuesday, July 15th. Susquehanna raised their price target on United Airlines from $81.00 to $109.00 and gave the company a "positive" rating in a research report on Tuesday, July 15th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of United Airlines in a research note on Tuesday, May 13th. Finally, Bank of America upped their price target on United Airlines from $90.00 to $108.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Two investment 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 stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $111.43.

United Airlines Price Performance

Shares of UAL traded down $2.12 during midday trading on Tuesday, hitting $105.65. 5,254,927 shares of the company traded hands, compared to its average volume of 4,657,001. The stock has a market cap of $34.20 billion, a price-to-earnings ratio of 10.59, a PEG ratio of 1.40 and a beta of 1.47. The firm has a 50 day moving average of $94.22 and a 200-day moving average of $81.98. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.65 and a current ratio of 0.70. United Airlines Holdings Inc has a 52 week low of $47.01 and a 52 week high of $116.00.

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