Aviva PLC grew its position in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 47.0% during the 2nd quarter, Holdings Channel reports. The fund owned 60,852 shares of the transportation company’s stock after buying an additional 19,453 shares during the quarter. Aviva PLC’s holdings in United Airlines were worth $4,846,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in UAL. Deutsche Bank AG raised its position in United Airlines by 10.5% in the first quarter. Deutsche Bank AG now owns 1,395,615 shares of the transportation company’s stock worth $96,367,000 after acquiring an additional 132,373 shares in the last quarter. Blueshift Asset Management LLC acquired a new position in shares of United Airlines during the 1st quarter worth $577,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of United Airlines in the 1st quarter valued at about $12,592,000. Atlas Capital Advisors Inc. lifted its stake in shares of United Airlines by 382.4% in the first quarter. Atlas Capital Advisors Inc. now owns 11,259 shares of the transportation company’s stock valued at $777,000 after purchasing an additional 8,925 shares during the period. Finally, Vident Advisory LLC boosted its holdings in United Airlines by 25.5% during the first quarter. Vident Advisory LLC now owns 15,009 shares of the transportation company’s stock worth $1,036,000 after buying an additional 3,048 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on UAL. Wall Street Zen cut shares of United Airlines from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Bank of America upped their price target on United Airlines from $90.00 to $108.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Cowen reaffirmed a “buy” rating on shares of United Airlines in a report on Monday, October 20th. Evercore ISI boosted their target price on United Airlines from $105.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Finally, Loop Capital set a $110.00 price target on United Airlines in a research report on Tuesday, October 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $124.93.
United Airlines Trading Up 5.3%
United Airlines stock opened at $99.97 on Thursday. The stock has a 50-day moving average price of $99.84 and a 200 day moving average price of $90.20. United Airlines Holdings Inc has a 52 week low of $52.00 and a 52 week high of $116.00. The stock has a market cap of $32.36 billion, a PE ratio of 10.02, a P/E/G ratio of 0.89 and a beta of 1.45. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 1.45.
United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.65 by $0.13. The company had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.31 billion. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period last year, the company earned $3.33 EPS. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Equities research analysts predict that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.
United Airlines 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.
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