Vident Advisory LLC Increases Stock Holdings in United Airlines Holdings Inc $UAL

Key Points

• Vident Advisory LLC increased its stake in United Airlines Holdings Inc by 25.5% after acquiring 3,048 additional shares, bringing its total holdings to 15,009 shares valued at approximately $1,036,000.
• In the first quarter, several institutional investors modified their stakes, with notable increases including GAMMA Investing LLC boosting its position by 7,225.9% to 360,579 shares valued at around $24.9 million.
• United Airlines reported $3.87 EPS for the last quarter, surpassing expectations, and announced a fiscal year 2025 guidance range of 9.000-11.000 EPS.

Vident Advisory LLC boosted its stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 25.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,009 shares of the transportation company's stock after purchasing an additional 3,048 shares during the period. Vident Advisory LLC's holdings in United Airlines were worth $1,036,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in UAL. Bison Wealth LLC bought a new stake in United Airlines in the 4th quarter worth approximately $246,000. Aptus Capital Advisors LLC purchased a new position in shares of United Airlines during the 4th quarter worth $221,000. Captrust Financial Advisors boosted its stake in shares of United Airlines by 15.0% during the 4th quarter. Captrust Financial Advisors now owns 18,519 shares of the transportation company's stock worth $1,798,000 after acquiring an additional 2,415 shares during the last quarter. Bridgefront Capital LLC purchased a new position in shares of United Airlines during the 4th quarter worth $355,000. Finally, Centiva Capital LP purchased a new position in shares of United Airlines during the 4th quarter worth $2,464,000. Institutional investors own 69.69% of the company's stock.

Insider Buying and Selling at United Airlines

In other United Airlines news, EVP Torbjorn J. Enqvist sold 20,000 shares of the stock in a transaction dated Friday, July 18th. The shares were sold at an average price of $92.22, for a total transaction of $1,844,400.00. Following the completion of the transaction, the executive vice president owned 62,358 shares of the company's stock, valued at $5,750,654.76. This represents a 24.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michelle Freyre sold 900 shares of the stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $92.13, for a total transaction of $82,917.00. Following the transaction, the director directly 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. Insiders own 0.71% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on UAL. Barclays reiterated an "overweight" rating and set a $100.00 price target (up previously from $94.00) on shares of United Airlines in a research note on Tuesday, July 15th. Cowen reiterated a "buy" rating on shares of United Airlines in a research note on Tuesday, July 15th. Wall Street Zen cut shares of United Airlines from a "buy" rating to a "hold" rating in a research note on Friday, July 18th. Susquehanna lifted their price target on shares of United Airlines from $81.00 to $109.00 and gave the stock a "positive" rating in a research note on Tuesday, July 15th. Finally, Bank of America lifted their price target on shares of United Airlines from $90.00 to $108.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. Two research 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. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $111.43.

United Airlines Price Performance

United Airlines stock traded up $0.54 during mid-day trading on Friday, hitting $106.59. The stock had a trading volume of 3,634,117 shares, compared to its average volume of 4,646,877. The firm has a market capitalization of $34.51 billion, a P/E ratio of 9.37, a P/E/G ratio of 1.38 and a beta of 1.47. The company has a current ratio of 0.70, a quick ratio of 0.65 and a debt-to-equity ratio of 1.56. The firm's 50 day moving average is $93.14 and its 200 day moving average is $82.04. United Airlines Holdings Inc has a one year low of $44.85 and a one year high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its earnings results 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 net margin of 5.71% and a return on equity of 30.09%. The company had revenue of $15.24 billion during the quarter, compared to the consensus estimate of $15.31 billion. During the same quarter in the prior year, the firm posted $4.14 EPS. United Airlines's quarterly revenue was up 1.4% compared to the same quarter last year. United Airlines has set its FY 2025 guidance at 9.000-11.000 EPS. On average, sell-side analysts forecast that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.

United Airlines Company 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.