V Square Quantitative Management LLC Buys 11,197 Shares of United Airlines Holdings Inc $UAL

Key Points

• V Square Quantitative Management LLC increased its holdings in United Airlines by 155.9%, acquiring an additional 11,197 shares, bringing their total to 18,380 shares, valued at approximately $1.46 million.
• Institutional investors own 69.69% of United Airlines stock, with significant recent purchases by firms like Pacer Advisors Inc., which increased its position by 10,777.6%.
• Analyst reports show a positive outlook for United Airlines, with multiple firms raising their price targets, including JPMorgan Chase & Co., which increased their target from $122 to $149, maintaining an "overweight" rating.

V Square Quantitative Management LLC boosted its holdings in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 155.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,380 shares of the transportation company's stock after buying an additional 11,197 shares during the period. V Square Quantitative Management LLC's holdings in United Airlines were worth $1,464,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of United Airlines by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 36,961,616 shares of the transportation company's stock worth $2,552,200,000 after purchasing an additional 413,753 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of United Airlines by 2.1% in the 1st 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 during the last quarter. Pacer Advisors Inc. boosted its position 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 worth $349,953,000 after purchasing an additional 5,021,511 shares during the last quarter. Invesco Ltd. boosted its position in shares of 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 purchasing an additional 964,388 shares during the last quarter. Finally, Alyeska Investment Group L.P. boosted its position in shares of United Airlines by 86.4% in the 1st quarter. Alyeska Investment Group L.P. now owns 3,985,560 shares of the transportation company's stock worth $275,203,000 after purchasing an additional 1,847,884 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at United Airlines

In related news, Director Barney Harford sold 9,000 shares of United Airlines stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $97.76, for a total transaction of $879,840.00. Following the completion of the sale, the director owned 80,000 shares of the company's stock, valued at approximately $7,820,800. The trade was a 10.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, President Brett J. Hart sold 24,772 shares of United Airlines stock in a transaction dated 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 sale, the president directly owned 283,638 shares of the company's stock, valued at $25,385,601. The trade was a 8.03% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 106,791 shares of company stock worth $9,992,318 in the last ninety days. Insiders own 0.63% of the company's stock.

United Airlines Stock Performance

Shares of UAL opened at $97.91 on Monday. The firm has a 50-day moving average of $99.05 and a 200-day moving average of $83.56. United Airlines Holdings Inc has a one year low of $52.00 and a one year high of $116.00. The company has a market cap of $31.70 billion, a PE ratio of 9.81, a price-to-earnings-growth ratio of 1.27 and a beta of 1.47. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.70 and a quick ratio of 0.65.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings data on Wednesday, July 16th. The transportation company reported $3.87 EPS for the quarter, beating analysts' consensus estimates of $3.81 by $0.06. The company had revenue of $15.24 billion during 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 company's quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the firm posted $4.14 EPS. United Airlines has set its FY 2025 guidance at 9.000-11.000 EPS. As a group, equities analysts forecast that United Airlines Holdings Inc will post 12.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

UAL has been the topic of several analyst reports. Bank of America increased their target price on shares of United Airlines from $90.00 to $108.00 and gave the stock a "buy" rating in a report on Friday, July 18th. TD Cowen raised their price objective on shares of United Airlines from $101.00 to $127.00 and gave the stock a "buy" rating in a report on Monday, July 21st. JPMorgan Chase & Co. raised their price objective on shares of United Airlines from $122.00 to $149.00 and gave the stock an "overweight" rating in a report on Friday, September 12th. Evercore ISI restated an "outperform" rating and set a $105.00 price objective on shares of United Airlines in a report on Thursday, July 17th. Finally, Barclays restated an "overweight" rating and set a $100.00 price objective (up from $94.00) on shares of United Airlines in a report on Tuesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $113.79.

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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