OneDigital Investment Advisors LLC Invests $1.41 Million in Frontier Group Holdings, Inc. $ULCC

OneDigital Investment Advisors LLC purchased a new stake in Frontier Group Holdings, Inc. (NASDAQ:ULCC) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 178,416 shares of the company’s stock, valued at approximately $1,411,000. OneDigital Investment Advisors LLC owned 0.08% of Frontier Group as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. U S Global Investors Inc. lifted its holdings in Frontier Group by 63.9% in the first quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after acquiring an additional 2,643,448 shares during the last quarter. Balyasny Asset Management L.P. acquired a new position in Frontier Group in the second quarter valued at approximately $5,387,000. Mountaineer Partners Management LLC bought a new position in shares of Frontier Group during the fourth quarter valued at approximately $4,490,000. Bank of America Corp DE grew its holdings in shares of Frontier Group by 39.2% during the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock valued at $13,366,000 after purchasing an additional 852,798 shares during the last quarter. Finally, HRT Financial LP raised its position in shares of Frontier Group by 932.1% during the 4th quarter. HRT Financial LP now owns 817,425 shares of the company’s stock worth $3,850,000 after purchasing an additional 738,228 shares during the period.

Analyst Ratings Changes

Several brokerages recently issued reports on ULCC. Barclays raised their price target on Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. UBS Group upped their price objective on Frontier Group from $4.00 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 23rd. Citigroup increased their target price on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Zacks Research upgraded Frontier Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings downgraded shares of Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Frontier Group currently has an average rating of “Reduce” and a consensus target price of $6.86.

Frontier Group Stock Performance

ULCC opened at $6.35 on Tuesday. The company has a current ratio of 0.58, a quick ratio of 0.54 and a debt-to-equity ratio of 2.77. The business’s 50 day moving average is $6.89 and its 200-day moving average is $5.35. The stock has a market cap of $1.46 billion, a PE ratio of -3.78 and a beta of 2.59. Frontier Group Holdings, Inc. has a twelve month low of $3.02 and a twelve month high of $8.40.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.47) by $0.37. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the prior year, the company posted ($0.31) EPS. The business’s revenue for the quarter was up 37.7% compared to the same quarter last year. Frontier Group has set its Q4 2026 guidance at 0.000-0.200 EPS and its Q3 2026 guidance at -0.100-0.100 EPS. On average, analysts predict that Frontier Group Holdings, Inc. will post -0.31 earnings per share for the current year.

Insider Activity at Frontier Group

In other news, VP Trevor J. Stedke sold 167,277 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $8.03, for a total value of $1,343,234.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Group Holdings – Frontier Llc sold 11,700,000 shares of the firm’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $7.20, for a total value of $84,240,000.00. Following the transaction, the insider directly owned 22,706,526 shares in the company, valued at $163,486,987.20. This trade represents a 34.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,067,242 shares of company stock worth $87,115,712 in the last ninety days. 48.00% of the stock is currently owned by corporate insiders.

About Frontier Group

Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado. The company’s core business centers on providing no-frills air travel across a point-to-point network while generating ancillary revenue from add-on services such as baggage fees, seat selection, priority boarding and in-flight refreshments. This fare-plus-a-la-carte model allows Frontier to offer competitive base fares and maintain low operating costs.

Founded in February 1994 by industry veterans Andrew Levy and Russell Beardsmore, Frontier Airlines commenced operations with a small fleet of MD-80 aircraft.