Mn Services Vermogensbeheer B.V. Makes New $2.44 Million Investment in United Airlines Holdings Inc $UAL

Key Points

• Mn Services Vermogensbeheer B.V. acquired 30,600 shares of United Airlines Holdings Inc., valued at approximately $2.4 million, during the 2nd quarter.
• Several institutional investors, including Vanguard Group and Pacer Advisors, significantly increased their stakes in United Airlines, indicating strong institutional interest in the company.
• United Airlines recently reported an earnings per share of $3.87, exceeding analyst expectations, and provided guidance for FY 2025 EPS between 9.000-11.000.

Mn Services Vermogensbeheer B.V. acquired a new stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 30,600 shares of the transportation company's stock, valued at approximately $2,437,000.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of United Airlines by 1.1% in the first quarter. Vanguard Group Inc. now owns 36,961,616 shares of the transportation company's stock valued at $2,552,200,000 after purchasing an additional 413,753 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in United Airlines by 2.1% in the first quarter. Dimensional Fund Advisors LP now owns 6,010,293 shares of the transportation company's stock worth $415,011,000 after purchasing an additional 125,284 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in shares of United Airlines by 10,777.6% in the 1st quarter. Pacer Advisors Inc. now owns 5,068,103 shares of the transportation company's stock valued at $349,953,000 after acquiring an additional 5,021,511 shares during the last quarter. Invesco Ltd. boosted its holdings in United Airlines by 26.1% in the 1st quarter. Invesco Ltd. now owns 4,661,186 shares of the transportation company's stock worth $321,855,000 after buying an additional 964,388 shares during the last quarter. Finally, Alyeska Investment Group L.P. raised its position in shares of United Airlines by 86.4% during the 1st quarter. Alyeska Investment Group L.P. now owns 3,985,560 shares of the transportation company's stock valued at $275,203,000 after buying an additional 1,847,884 shares during the period. 69.69% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

UAL has been the subject of a number of research analyst reports. Cowen reaffirmed a "buy" rating on shares of United Airlines in a report on Tuesday, July 15th. Evercore ISI reiterated an "outperform" rating and set a $105.00 target price on shares of United Airlines in a research note on Thursday, July 17th. Wall Street Zen cut shares of United Airlines from a "buy" rating to a "hold" rating in a report on Friday, July 18th. Susquehanna raised their target price on shares of United Airlines from $81.00 to $109.00 and gave the company a "positive" rating in a report on Tuesday, July 15th. Finally, Bank of America boosted their price target on shares of United Airlines from $90.00 to $108.00 and gave the company a "buy" rating in a research note on Friday, July 18th. 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 company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $112.57.

Insider Activity

In related news, President Brett J. Hart sold 24,772 shares of the firm's stock in a transaction on Friday, July 25th. The stock was sold at an average price of $89.50, for a total transaction of $2,217,094.00. Following the transaction, the president directly owned 283,638 shares in the company, valued at $25,385,601. This trade represents a 8.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Barney Harford sold 15,823 shares of the firm's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $90.03, for a total value of $1,424,544.69. Following the sale, the director directly owned 89,000 shares of the company's stock, valued at approximately $8,012,670. This represents a 15.09% 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 valued at $9,992,318. Insiders own 0.63% of the company's stock.

United Airlines Price Performance

UAL stock traded up $0.93 during midday trading on Friday, reaching $106.31. The company had a trading volume of 11,188,751 shares, compared to its average volume of 4,920,193. The firm has a 50-day moving average price of $97.86 and a 200-day moving average price of $82.67. United Airlines Holdings Inc has a 1 year low of $51.44 and a 1 year high of $116.00. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.70 and a quick ratio of 0.65. The company has a market capitalization of $34.42 billion, a P/E ratio of 10.65, a P/E/G ratio of 1.38 and a beta of 1.47.

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

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.