Vontobel Holding Ltd. Sells 2,991 Shares of United Airlines Holdings Inc $UAL

Vontobel Holding Ltd. decreased its position in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 11.3% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 23,513 shares of the transportation company's stock after selling 2,991 shares during the period. Vontobel Holding Ltd.'s holdings in United Airlines were worth $1,872,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in United Airlines by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 36,961,616 shares of the transportation company's stock valued at $2,552,200,000 after acquiring an additional 413,753 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of United Airlines by 2.1% during 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. increased its position in shares of United Airlines by 10,777.6% during 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. increased its position in shares of United Airlines by 26.1% during 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. increased 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 worth $275,203,000 after purchasing an additional 1,847,884 shares during the last quarter. Institutional investors own 69.69% of the company's stock.

United Airlines Stock Down 4.6%

Shares of NASDAQ UAL opened at $96.67 on Friday. The stock has a market capitalization of $31.29 billion, a P/E ratio of 9.69, a PEG ratio of 1.23 and a beta of 1.45. The stock's fifty day moving average is $100.40 and its 200 day moving average is $84.99. United Airlines Holdings Inc has a 52 week low of $52.00 and a 52 week high of $116.00. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.65 and a current ratio of 0.70.

United Airlines (NASDAQ:UAL - Get Free Report) last released its earnings results on Wednesday, July 16th. The transportation company reported $3.87 EPS for the quarter, beating 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 firm had revenue of $15.24 billion for the quarter, compared to analyst estimates of $15.31 billion. During the same period last year, the firm earned $4.14 EPS. The business'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. Sell-side analysts forecast that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.

Insider Transactions at United Airlines

In related news, Director Michelle Freyre sold 900 shares of the company's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $92.13, for a total transaction of $82,917.00. Following the completion of the sale, the director directly owned 829 shares in the company, valued at $76,375.77. This represents a 52.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Brett J. Hart sold 24,772 shares of the company's stock in a transaction on Friday, July 25th. The stock was sold at an average price of $89.50, for a total value of $2,217,094.00. Following the sale, the president owned 283,638 shares of the company's stock, valued at approximately $25,385,601. This represents a 8.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 106,791 shares of company stock worth $9,992,318. Corporate insiders own 0.71% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on UAL. Cowen reaffirmed a "buy" rating on shares of United Airlines in a research report on Tuesday, July 15th. Susquehanna boosted their price target on United Airlines from $109.00 to $115.00 and gave the stock a "positive" rating in a research report on Friday, October 3rd. Jefferies Financial Group boosted their price target on United Airlines from $115.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, October 1st. Weiss Ratings lowered United Airlines from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday. Finally, UBS Group boosted their target price on United Airlines from $114.00 to $131.00 and gave the stock a "buy" rating in a report on Friday, September 26th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $120.64.

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.

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