United Airlines Holdings Inc $UAL Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. decreased its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 22.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,967 shares of the transportation company’s stock after selling 866 shares during the quarter. Geneos Wealth Management Inc.’s holdings in United Airlines were worth $205,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in UAL. Bison Wealth LLC acquired a new position in shares of United Airlines in the fourth quarter worth $246,000. Focus Partners Wealth purchased a new position in United Airlines in the fourth quarter valued at $622,000. Janus Henderson Group PLC grew its stake in United Airlines by 18.6% during the 4th quarter. Janus Henderson Group PLC now owns 18,226 shares of the transportation company’s stock worth $1,770,000 after purchasing an additional 2,853 shares in the last quarter. Teza Capital Management LLC acquired a new position in United Airlines during the 4th quarter worth $654,000. Finally, Tidal Investments LLC increased its holdings in United Airlines by 148.1% during the 4th quarter. Tidal Investments LLC now owns 28,217 shares of the transportation company’s stock worth $2,740,000 after purchasing an additional 16,844 shares during the period. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Stock Performance

NASDAQ UAL opened at $104.20 on Wednesday. The business has a 50 day moving average price of $96.71 and a 200 day moving average price of $82.36. The company has a market capitalization of $33.73 billion, a P/E ratio of 10.44, a PEG ratio of 1.35 and a beta of 1.47. United Airlines Holdings Inc has a 1-year low of $51.44 and a 1-year high of $116.00. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.70 and a quick ratio of 0.65.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Wednesday, July 16th. The transportation company reported $3.87 EPS for the quarter, beating analysts’ consensus estimates of $3.81 by $0.06. The firm had revenue of $15.24 billion for the quarter, compared to analysts’ expectations of $15.31 billion. United Airlines had a net margin of 5.71% and a return on equity of 30.09%. The firm’s revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the company earned $4.14 EPS. United Airlines has set its FY 2025 guidance at 9.000-11.000 EPS. Sell-side analysts expect that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

Insider Buying and Selling

In other United Airlines news, Director Barney Harford sold 15,823 shares of United Airlines stock in a transaction dated 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 completion of the sale, the director owned 89,000 shares in the company, valued at $8,012,670. The trade was a 15.09% decrease in their position. The transaction 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 firm’s stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $89.50, for a total transaction of $2,217,094.00. Following the completion of the sale, the president directly owned 283,638 shares in the company, valued at $25,385,601. This represents a 8.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 106,791 shares of company stock worth $9,992,318 in the last 90 days. 0.63% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Evercore ISI reiterated an “outperform” rating and issued a $105.00 price objective on shares of United Airlines in a research note on Thursday, July 17th. Bank of America raised their target price on shares of United Airlines from $90.00 to $108.00 and gave the company a “buy” rating in a report on Friday, July 18th. Barclays reiterated an “overweight” rating and issued a $100.00 price target (up previously from $94.00) on shares of United Airlines in a research note on Tuesday, July 15th. Cowen reissued a “buy” rating on shares of United Airlines in a research report on Tuesday, July 15th. Finally, Wall Street Zen lowered shares of United Airlines from a “buy” rating to a “hold” rating in a report 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 given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $112.57.

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.