Swedbank AB Acquires Shares of 746 United Airlines Holdings Inc $UAL

Swedbank AB acquired a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 746 shares of the transportation company’s stock, valued at approximately $52,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wedbush Securities Inc. lifted its holdings in shares of United Airlines by 3.3% during the first quarter. Wedbush Securities Inc. now owns 4,651 shares of the transportation company’s stock valued at $321,000 after acquiring an additional 147 shares during the period. Forum Financial Management LP lifted its holdings in shares of United Airlines by 2.7% during the fourth quarter. Forum Financial Management LP now owns 5,723 shares of the transportation company’s stock valued at $556,000 after acquiring an additional 148 shares during the period. Principal Securities Inc. lifted its holdings in shares of United Airlines by 2.0% during the first quarter. Principal Securities Inc. now owns 7,758 shares of the transportation company’s stock valued at $536,000 after acquiring an additional 149 shares during the period. Creative Financial Designs Inc. ADV lifted its holdings in shares of United Airlines by 15.6% during the first quarter. Creative Financial Designs Inc. ADV now owns 1,110 shares of the transportation company’s stock valued at $77,000 after acquiring an additional 150 shares during the period. Finally, Kendall Capital Management lifted its holdings in shares of United Airlines by 2.2% during the first quarter. Kendall Capital Management now owns 6,900 shares of the transportation company’s stock valued at $476,000 after acquiring an additional 150 shares during the period. 69.69% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

UAL has been the subject of a number of research reports. Wall Street Zen lowered United Airlines from a “buy” rating to a “hold” rating in a research note on Friday, July 18th. Cowen restated a “buy” rating on shares of United Airlines in a research note on Tuesday, July 15th. 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 research note on Friday, July 18th. Susquehanna raised their target price on United Airlines from $81.00 to $109.00 and gave the company a “positive” rating in a research note on Tuesday, July 15th. Finally, UBS Group lifted their price objective on United Airlines from $103.00 to $114.00 and gave the stock a “buy” rating in a research report on Tuesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, United Airlines currently has a consensus rating of “Buy” and an average target price of $112.57.

United Airlines Price Performance

Shares of UAL opened at $104.20 on Wednesday. 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 $51.44 and a 1 year high of $116.00. The stock has a market cap of $33.73 billion, a P/E ratio of 10.44, a price-to-earnings-growth ratio of 1.35 and a beta of 1.47. The stock’s 50-day moving average price is $96.71 and its two-hundred day moving average price is $82.36.

United Airlines (NASDAQ:UAL) last issued its earnings results on Wednesday, July 16th. The transportation company reported $3.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.81 by $0.06. United Airlines had a return on equity of 30.09% and a net margin of 5.71%.The firm had revenue of $15.24 billion for the quarter, compared to analysts’ expectations of $15.31 billion. During the same quarter last year, the business earned $4.14 earnings per share. The company’s 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, equities analysts predict that United Airlines Holdings Inc will post 12.96 earnings per share for the current year.

Insider Buying and Selling at United Airlines

In other news, Director Michelle Freyre sold 900 shares of United Airlines stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $92.13, for a total transaction of $82,917.00. Following the transaction, the director owned 829 shares in the company, valued at $76,375.77. The trade was a 52.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kate Gebo sold 29,953 shares of United Airlines stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $97.59, for a total value of $2,923,113.27. Following the transaction, the executive vice president owned 45,496 shares in the company, valued at $4,439,954.64. This trade represents a 39.70% 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 over the last three months. Company insiders own 0.63% of the company’s stock.

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.