Paradigm Asset Management Co. LLC bought a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) in the second quarter, Holdings Channel.com reports. The fund bought 15,600 shares of the transportation company’s stock, valued at approximately $1,242,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Bison Wealth LLC purchased a new stake in United Airlines during the 4th quarter valued at about $246,000. Teacher Retirement System of Texas purchased a new stake in shares of United Airlines in the first quarter valued at approximately $1,181,000. OneDigital Investment Advisors LLC grew its position in shares of United Airlines by 78.2% in the first quarter. OneDigital Investment Advisors LLC now owns 4,641 shares of the transportation company’s stock valued at $320,000 after purchasing an additional 2,036 shares in the last quarter. World Investment Advisors increased its holdings in shares of United Airlines by 9.7% in the first quarter. World Investment Advisors now owns 4,999 shares of the transportation company’s stock valued at $345,000 after purchasing an additional 444 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in United Airlines by 11.7% during the first quarter. Stratos Wealth Partners LTD. now owns 15,389 shares of the transportation company’s stock worth $1,063,000 after buying an additional 1,617 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, Director Barney Harford sold 9,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $97.76, for a total transaction of $879,840.00. Following the sale, the director directly owned 80,000 shares in the company, valued at approximately $7,820,800. This represents a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kate Gebo sold 6,343 shares of United Airlines stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $97.81, for a total transaction of $620,408.83. Following the completion of the transaction, the executive vice president owned 69,106 shares of the company’s stock, valued at $6,759,257.86. This represents a 8.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 45,296 shares of company stock worth $4,423,362 in the last ninety days. Corporate insiders own 0.71% of the company’s stock.
United Airlines Stock Up 1.8%
United Airlines (NASDAQ:UAL – Get Free Report) last posted its quarterly earnings data on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, beating the consensus estimate of $2.65 by $0.13. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The business had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.31 billion. During the same quarter last year, the firm posted $3.33 earnings per share. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Analysts predict that United Airlines Holdings Inc will post 12.96 EPS for the current year.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on UAL shares. Cowen restated a “buy” rating on shares of United Airlines in a report on Monday, October 20th. Barclays raised their price objective on shares of United Airlines from $115.00 to $135.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. TD Cowen increased their price target on shares of United Airlines from $127.00 to $138.00 and gave the company a “buy” rating in a research note on Monday, October 20th. Bank of America increased their price objective on United Airlines from $90.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. Finally, Wall Street Zen downgraded United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday. Two 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 company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $124.93.
Read Our Latest Report on United Airlines
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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