Vanguard Personalized Indexing Management LLC Has $4.89 Million Holdings in United Airlines Holdings Inc $UAL

Key Points

• Vanguard Personalized Indexing Management LLC increased its holdings in United Airlines by 21.0% in Q2, with current holdings valued at $4.89 million.
• Several hedge funds have also made adjustments to their stakes in United Airlines, with institutional investors owning 69.69% of the company's stock.
• Analyst ratings for United Airlines have been positive, with target price increases from firms like JPMorgan Chase & Co. and Bank of America reflecting strong market sentiment.

Vanguard Personalized Indexing Management LLC raised its position in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 21.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 61,383 shares of the transportation company's stock after acquiring an additional 10,654 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in United Airlines were worth $4,888,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC grew its stake in United Airlines by 4.1% in the second quarter. Apollon Wealth Management LLC now owns 5,198 shares of the transportation company's stock valued at $414,000 after acquiring an additional 206 shares during the period. U S Global Investors Inc. grew its stake in United Airlines by 0.9% in the second quarter. U S Global Investors Inc. now owns 1,102,816 shares of the transportation company's stock valued at $87,817,000 after acquiring an additional 10,378 shares during the period. Aberdeen Group plc grew its stake in United Airlines by 4.4% in the second quarter. Aberdeen Group plc now owns 100,942 shares of the transportation company's stock valued at $8,038,000 after acquiring an additional 4,267 shares during the period. Robertson Stephens Wealth Management LLC acquired a new stake in United Airlines in the second quarter valued at approximately $229,000. Finally, Callan Family Office LLC acquired a new stake in United Airlines in the second quarter valued at approximately $869,000. Institutional investors and hedge funds own 69.69% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on UAL. JPMorgan Chase & Co. raised their target price on United Airlines from $122.00 to $149.00 and gave the company an "overweight" rating in a report on Friday, September 12th. Bank of America raised their target price on United Airlines from $90.00 to $108.00 and gave the company a "buy" rating in a report on Friday, July 18th. Susquehanna raised their target price on United Airlines from $109.00 to $115.00 and gave the company a "positive" rating in a report on Friday, October 3rd. UBS Group raised their target price on United Airlines from $114.00 to $131.00 and gave the company a "buy" rating in a report on Friday, September 26th. Finally, Weiss Ratings lowered United Airlines from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $120.64.

United Airlines Stock Up 2.7%

UAL stock opened at $99.25 on Tuesday. The stock's fifty day simple moving average is $100.65 and its two-hundred day simple moving average is $85.27. The company has a current ratio of 0.70, a quick ratio of 0.65 and a debt-to-equity ratio of 1.56. United Airlines Holdings Inc has a 1-year low of $52.00 and a 1-year high of $116.00. The stock has a market cap of $32.13 billion, a P/E ratio of 9.94, a P/E/G ratio of 1.23 and a beta of 1.45.

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 for the quarter, topping 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 business had revenue of $15.24 billion for the quarter, compared to analysts' expectations of $15.31 billion. During the same quarter in the previous year, the firm earned $4.14 earnings per share. The business's revenue was up 1.4% on a year-over-year basis. United Airlines has set its FY 2025 guidance at 9.000-11.000 EPS. Analysts expect that United Airlines Holdings Inc will post 12.96 EPS for the current year.

Insiders Place Their Bets

In other United Airlines news, Director Barney Harford sold 15,823 shares of the business'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 transaction, the director owned 89,000 shares of the company's stock, valued at approximately $8,012,670. The trade was a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of the business's stock in a transaction on Friday, July 18th. The stock was sold at an average price of $92.22, for a total value of $1,844,400.00. Following the completion of the transaction, the executive vice president directly owned 62,358 shares in the company, valued at approximately $5,750,654.76. This represents a 24.28% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 106,791 shares of company stock valued at $9,992,318. 0.63% of the stock is currently owned by insiders.

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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