U S Global Investors Inc. Has $19.49 Million Stock Holdings in Frontier Group Holdings, Inc. $ULCC

Key Points

• U S Global Investors reduced its stake by 9.3% in Frontier Group (NASDAQ:ULCC) in Q4 and now holds 4,137,964 shares worth $19.49 million, representing about 1.81% of Frontier and 2.1% of U S Global's portfolio (its 10th largest holding).
• Other institutional activity includes Bank of America increasing its position to 3,027,309 shares and new/additional stakes from Balyasny, Millennium, Voleon and Wolf Hill, while SVP Steve Schuller sold 5,000 shares and corporate insiders collectively own 48% of the company.
• Frontier has a cautious outlook and valuation profile — shares near $3.84 (52-week range $2.89–$6.66), market cap ~$882M, and management issued negative FY2026 EPS guidance (-0.40 to -0.50), with analysts holding a consensus "Reduce" and an average target of about $4.93.

U S Global Investors Inc. reduced its position in shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC - Free Report) by 9.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,137,964 shares of the company's stock after selling 425,381 shares during the quarter. Frontier Group comprises 2.1% of U S Global Investors Inc.'s portfolio, making the stock its 10th largest holding. U S Global Investors Inc. owned about 1.81% of Frontier Group worth $19,490,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ULCC. Balyasny Asset Management L.P. bought a new position in Frontier Group during the 2nd quarter valued at $5,387,000. Bank of America Corp DE lifted its position in shares of Frontier Group by 39.2% during the 3rd quarter. Bank of America Corp DE now owns 3,027,309 shares of the company's stock valued at $13,366,000 after acquiring an additional 852,798 shares during the last quarter. Wolf Hill Capital Management LP acquired a new stake in shares of Frontier Group during the 3rd quarter valued at $2,519,000. Millennium Management LLC lifted its position in shares of Frontier Group by 200.0% during the 3rd quarter. Millennium Management LLC now owns 778,837 shares of the company's stock valued at $3,439,000 after acquiring an additional 519,247 shares during the last quarter. Finally, Voleon Capital Management LP lifted its position in shares of Frontier Group by 242.8% during the 3rd quarter. Voleon Capital Management LP now owns 715,417 shares of the company's stock valued at $3,159,000 after acquiring an additional 506,704 shares during the last quarter.

Insider Activity

In related news, SVP Steve Schuller sold 5,000 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $6.00, for a total transaction of $30,000.00. Following the completion of the sale, the senior vice president directly owned 94,926 shares in the company, valued at approximately $569,556. This trade represents a 5.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 48.00% of the company's stock.

Frontier Group Price Performance

Shares of NASDAQ:ULCC opened at $3.84 on Friday. The company has a current ratio of 0.46, a quick ratio of 0.41 and a debt-to-equity ratio of 0.73. Frontier Group Holdings, Inc. has a 1 year low of $2.89 and a 1 year high of $6.66. The business has a fifty day simple moving average of $3.99 and a 200 day simple moving average of $4.45. The firm has a market cap of $882.16 million, a price-to-earnings ratio of -6.29 and a beta of 2.57.

Frontier Group (NASDAQ:ULCC - Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.13. Frontier Group had a negative return on equity of 27.39% and a negative net margin of 3.68%.The business had revenue of $997.00 million during the quarter, compared to analyst estimates of $971.35 million. During the same period last year, the company earned $0.23 earnings per share. Frontier Group's quarterly revenue was down .5% compared to the same quarter last year. Frontier Group has set its FY 2026 guidance at -0.400-0.500 EPS and its Q1 2026 guidance at -0.440--0.260 EPS. As a group, sell-side analysts predict that Frontier Group Holdings, Inc. will post -1.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on ULCC shares. Bank of America reiterated an "underperform" rating and set a $4.00 price objective (down from $5.00) on shares of Frontier Group in a research report on Tuesday, January 6th. Citigroup dropped their target price on shares of Frontier Group from $5.00 to $3.50 and set a "neutral" rating on the stock in a research report on Friday, March 20th. Weiss Ratings reissued a "sell (d-)" rating on shares of Frontier Group in a research report on Monday, December 29th. UBS Group dropped their target price on shares of Frontier Group from $6.00 to $4.00 and set a "neutral" rating on the stock in a research report on Monday, March 16th. Finally, Susquehanna lifted their target price on shares of Frontier Group from $4.00 to $5.00 and gave the stock a "neutral" rating in a research report on Friday, January 9th. Five analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Frontier Group presently has a consensus rating of "Reduce" and an average target price of $4.93.

Frontier Group Profile

Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado. The company’s core business centers on providing no-frills air travel across a point-to-point network while generating ancillary revenue from add-on services such as baggage fees, seat selection, priority boarding and in-flight refreshments. This fare-plus-a-la-carte model allows Frontier to offer competitive base fares and maintain low operating costs.

Founded in February 1994 by industry veterans Andrew Levy and Russell Beardsmore, Frontier Airlines commenced operations with a small fleet of MD-80 aircraft.

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