Centaurus Financial Inc. Sells 4,146 Shares of United Airlines Holdings Inc $UAL

Centaurus Financial Inc. reduced its stake in United Airlines Holdings Inc (NASDAQ:UAL) by 25.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,223 shares of the transportation company’s stock after selling 4,146 shares during the period. Centaurus Financial Inc.’s holdings in United Airlines were worth $1,125,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of UAL. Bull Harbor Capital LLC acquired a new stake in United Airlines in the 1st quarter valued at $801,000. Strategic Investment Advisors MI grew its position in United Airlines by 24.7% in the first quarter. Strategic Investment Advisors MI now owns 25,887 shares of the transportation company’s stock valued at $2,384,000 after acquiring an additional 5,124 shares during the period. Amundi raised its stake in United Airlines by 66.8% during the first quarter. Amundi now owns 1,217,530 shares of the transportation company’s stock worth $112,098,000 after acquiring an additional 487,490 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in United Airlines by 13.2% during the first quarter. EverSource Wealth Advisors LLC now owns 6,590 shares of the transportation company’s stock worth $607,000 after acquiring an additional 768 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of United Airlines by 11.2% during the first quarter. Royal Bank of Canada now owns 418,647 shares of the transportation company’s stock valued at $38,544,000 after acquiring an additional 42,111 shares during the period. 69.69% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on UAL shares. Morgan Stanley upped their target price on shares of United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Susquehanna cut their price target on shares of United Airlines from $172.00 to $165.00 and set a “positive” rating for the company in a report on Friday, July 17th. JPMorgan Chase & Co. upped their price objective on shares of United Airlines from $156.00 to $203.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Jefferies Financial Group reaffirmed a “buy” rating and set a $155.00 price objective on shares of United Airlines in a report on Sunday, July 19th. Finally, Zacks Research upgraded shares of United Airlines from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 11th. Sixteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $156.79.

United Airlines Stock Performance

Shares of NASDAQ:UAL opened at $121.33 on Friday. The business has a fifty day moving average of $119.39 and a 200-day moving average of $107.03. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78. United Airlines Holdings Inc has a twelve month low of $82.42 and a twelve month high of $138.77. The firm has a market cap of $39.38 billion, a PE ratio of 11.35, a price-to-earnings-growth ratio of 0.91 and a beta of 1.25.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The business had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. During the same quarter in the prior year, the company earned $3.87 EPS. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, equities research analysts predict that United Airlines Holdings Inc will post 10.48 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Andrew P. Nocella sold 4,200 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $120.48, for a total transaction of $506,016.00. Following the transaction, the executive vice president directly owned 222,955 shares in the company, valued at approximately $26,861,618.40. This represents a 1.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO J Scott Kirby sold 159,321 shares of the stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the sale, the chief executive officer directly owned 797,851 shares in the company, valued at $94,186,310.55. This trade represents a 16.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 303,010 shares of company stock valued at $35,552,943. Insiders own 0.86% of the company’s stock.

About United Airlines

United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.

In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.