Focus Partners Advisor Solutions LLC Has $624,000 Position in United Airlines Holdings Inc $UAL

Key Points

• Focus Partners Advisor Solutions LLC increased its stake in United Airlines Holdings Inc by 62.7%, resulting in ownership of 9,039 shares worth $624,000 as of the latest SEC filing.
• Analyst ratings for United Airlines show a consensus of "Buy" with multiple firms increasing their price targets, with the highest target now set at $127.00.
• Insider activity has seen significant stock sales, including President Brett J. Hart selling 24,772 shares for over $2.2 million, indicating a 8.03% decrease in his ownership position.

Focus Partners Advisor Solutions LLC boosted its holdings in shares of United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 62.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,039 shares of the transportation company's stock after buying an additional 3,483 shares during the period. Focus Partners Advisor Solutions LLC's holdings in United Airlines were worth $624,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Capital A Wealth Management LLC purchased a new position in United Airlines during the 4th quarter valued at about $31,000. Hemington Wealth Management grew its position in United Airlines by 50.6% during the first quarter. Hemington Wealth Management now owns 476 shares of the transportation company's stock valued at $32,000 after purchasing an additional 160 shares in the last quarter. WPG Advisers LLC purchased a new position in United Airlines during the first quarter valued at approximately $32,000. Eastern Bank purchased a new stake in United Airlines in the 1st quarter worth approximately $35,000. Finally, CENTRAL TRUST Co boosted its stake in shares of United Airlines by 57.2% during the 1st quarter. CENTRAL TRUST Co now owns 816 shares of the transportation company's stock valued at $56,000 after buying an additional 297 shares during the period. 69.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on UAL. Bank of America upped their price target on shares of United Airlines from $90.00 to $108.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. Evercore ISI reaffirmed an "outperform" rating and issued a $105.00 target price on shares of United Airlines in a research report on Thursday, July 17th. Susquehanna lifted their price target on United Airlines from $81.00 to $109.00 and gave the company a "positive" rating in a report on Tuesday, July 15th. Barclays reissued an "overweight" rating and issued a $100.00 price target (up previously from $94.00) on shares of United Airlines in a research note on Tuesday, July 15th. Finally, TD Cowen lifted their target price on shares of United Airlines from $101.00 to $127.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $111.43.

Insider Activity

In other United Airlines news, President Brett J. Hart sold 24,772 shares of the firm's stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $89.50, for a total value of $2,217,094.00. Following the sale, the president owned 283,638 shares of the company's stock, valued at $25,385,601. This trade represents a 8.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Michelle Freyre sold 900 shares of the stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $92.13, for a total value of $82,917.00. Following the completion of the sale, the director directly owned 829 shares of the company's stock, valued at $76,375.77. This represents a 52.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 106,791 shares of company stock worth $9,992,318. Insiders own 0.71% of the company's stock.

United Airlines Stock Down 0.1%

UAL opened at $106.05 on Friday. The firm has a market cap of $34.33 billion, a P/E ratio of 10.63, a price-to-earnings-growth ratio of 1.37 and a beta of 1.47. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.65 and a current ratio of 0.70. The business has a 50 day moving average price of $92.59 and a 200 day moving average price of $82.02. United Airlines Holdings Inc has a twelve month low of $44.57 and a twelve month high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The transportation company reported $3.87 EPS for the quarter, beating 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 company had revenue of $15.24 billion for the quarter, compared to the consensus estimate of $15.31 billion. During the same quarter last year, the company posted $4.14 earnings per share. The company's revenue for the quarter 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. Research 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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