Quantbot Technologies LP Makes New $4.15 Million Investment in United Airlines Holdings Inc $UAL

Quantbot Technologies LP acquired a new stake in United Airlines Holdings Inc (NASDAQ:UAL) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 30,514 shares of the transportation company’s stock, valued at approximately $4,150,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in UAL. Root Financial Partners LLC raised its position in shares of United Airlines by 5.3% during the fourth quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock worth $206,000 after acquiring an additional 93 shares during the last quarter. AXA S.A. boosted its holdings in United Airlines by 0.8% in the second quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock valued at $1,231,000 after acquiring an additional 121 shares during the last quarter. SJS Investment Consulting Inc. boosted its holdings in United Airlines by 17.0% in the first quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock valued at $79,000 after acquiring an additional 125 shares during the last quarter. Fielder Capital Group LLC increased its position in United Airlines by 5.4% in the fourth quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock worth $276,000 after purchasing an additional 127 shares during the period. Finally, Koshinski Asset Management Inc. raised its holdings in United Airlines by 3.7% during the 1st quarter. Koshinski Asset Management Inc. now owns 3,914 shares of the transportation company’s stock worth $360,000 after purchasing an additional 138 shares during the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have issued reports on UAL. TD Cowen upped their target price on shares of United Airlines from $150.00 to $176.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. UBS Group lifted their price target on shares of United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. The Goldman Sachs Group boosted their price target on shares of United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Bank of America increased their price objective on shares of United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Finally, Wells Fargo & Company raised their price objective on shares of United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Sixteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $156.79.

Insider Activity

In other United Airlines news, EVP Kate Gebo sold 34,669 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total value of $3,654,459.29. Following the sale, the executive vice president directly owned 67,707 shares in the company, valued at approximately $7,136,994.87. This trade represents a 33.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Brett J. Hart sold 30,108 shares of United Airlines stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $120.72, for a total transaction of $3,634,637.76. Following the transaction, the president directly owned 371,583 shares in the company, valued at approximately $44,857,499.76. This represents a 7.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 306,010 shares of company stock valued at $35,949,843. 0.86% of the stock is currently owned by company insiders.

United Airlines Stock Performance

NASDAQ:UAL opened at $113.17 on Monday. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a 1-year low of $84.64 and a 1-year high of $138.77. The firm has a market capitalization of $36.73 billion, a price-to-earnings ratio of 10.59, a PEG ratio of 0.87 and a beta of 1.28. The business’s 50-day moving average price is $124.00 and its two-hundred day moving average price is $108.55.

United Airlines (NASDAQ:UAL) last posted its 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. The company had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the previous year, the company earned $3.87 EPS. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, equities analysts expect that United Airlines Holdings Inc will post 10.38 earnings per share for the current year.

United Airlines Profile

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.