Long Focus Capital Management LLC Invests $18.51 Million in United Airlines Holdings Inc $UAL

Key Points

• Long Focus Capital Management LLC acquired a new position in United Airlines, purchasing 268,000 shares valued at approximately $18.5 million, representing about 0.08% of the company's stock.
• Several institutional investors have increased their positions in United Airlines, contributing to a total institutional ownership of 69.69% of the company's stock.
• United Airlines reported a quarterly EPS of $3.87, surpassing estimates, and set guidance for FY 2025 EPS at 9.000-11.000, while analysts predict an average EPS of 12.96 for the current year.

Long Focus Capital Management LLC bought a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 268,000 shares of the transportation company's stock, valued at approximately $18,505,000. Long Focus Capital Management LLC owned 0.08% of United Airlines as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of UAL. Pacer Advisors Inc. raised its position 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 purchasing an additional 5,021,511 shares during the period. Fred Alger Management LLC acquired a new position in shares of United Airlines during the fourth quarter worth approximately $155,860,000. Assenagon Asset Management S.A. raised its position in shares of United Airlines by 1,264.4% during the first quarter. Assenagon Asset Management S.A. now owns 1,604,783 shares of the transportation company's stock worth $110,810,000 after purchasing an additional 1,487,167 shares during the period. Allianz Asset Management GmbH raised its position in shares of United Airlines by 1,575.1% during the first quarter. Allianz Asset Management GmbH now owns 1,277,374 shares of the transportation company's stock worth $88,203,000 after purchasing an additional 1,201,118 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of United Airlines during the first quarter worth approximately $72,722,000. 69.69% of the stock is owned by institutional investors and hedge funds.

United Airlines Stock Performance

NASDAQ:UAL traded down $0.08 during trading on Monday, reaching $105.00. The company's stock had a trading volume of 2,865,826 shares, compared to its average volume of 4,587,003. The firm has a market cap of $33.99 billion, a price-to-earnings ratio of 10.52, a price-to-earnings-growth ratio of 1.36 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 firm has a 50 day moving average of $90.92 and a 200-day moving average of $81.68. United Airlines Holdings Inc has a 12 month low of $41.63 and a 12 month high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last announced 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 firm had revenue of $15.24 billion during the quarter, compared to the consensus estimate of $15.31 billion. United Airlines had a return on equity of 30.09% and a net margin of 5.71%.The business's revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.14 EPS. United Airlines has set its FY 2025 guidance at 9.000-11.000 EPS. Research analysts expect that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Cowen reaffirmed a "buy" rating on shares of United Airlines in a research report on Tuesday, July 15th. Wall Street Zen lowered United Airlines from a "buy" rating to a "hold" rating in a research report on Friday, July 18th. TD Cowen increased their price target on United Airlines from $101.00 to $127.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Bank of America increased 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. Finally, Sanford C. Bernstein reissued an "outperform" rating on shares of United Airlines in a research report on Tuesday, May 13th. 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. According to data from MarketBeat, United Airlines presently has a consensus rating of "Buy" and a consensus target price of $111.43.

Insider Transactions at United Airlines

In other United Airlines news, President Brett J. Hart sold 24,772 shares of the company's stock in a transaction 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 completion of the transaction, the president owned 283,638 shares in the company, valued at $25,385,601. This represents a 8.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michelle Freyre sold 900 shares of the company's stock in a transaction 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 transaction, the director owned 829 shares of the company's stock, valued at $76,375.77. This trade represents a 52.05% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 106,791 shares of company stock worth $9,992,318. Company insiders own 0.63% of the company's stock.

United Airlines 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.