J.Safra Asset Management Corp Invests $1.23 Million in United Airlines Holdings Inc $UAL

J.Safra Asset Management Corp acquired a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) during the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 9,039 shares of the transportation company’s stock, valued at approximately $1,229,000.

Other large investors also recently modified their holdings of the company. Legacy Wealth Managment LLC ID bought a new position in United Airlines during the fourth quarter valued at approximately $25,000. Western Wealth Management LLC purchased a new stake in shares of United Airlines in the 1st quarter valued at $27,000. Elevation Wealth Partners LLC grew its holdings in shares of United Airlines by 393.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 169 shares during the last quarter. JPL Wealth Management LLC purchased a new position in United Airlines in the 3rd quarter worth $29,000. Finally, Cache Advisors LLC bought a new stake in shares of United Airlines in the 1st quarter valued at about $33,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at United Airlines

In related news, EVP Kate Gebo sold 5,331 shares of United Airlines stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total value of $562,473.81. Following the completion of the sale, the executive vice president directly owned 60,393 shares in the company, valued at $6,372,065.43. This trade represents a 8.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Andrew P. Nocella sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $132.30, for a total transaction of $396,900.00. Following the sale, the executive vice president directly owned 219,955 shares in the company, valued at approximately $29,100,046.50. This represents a 1.35% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 306,010 shares of company stock valued at $35,949,843. Insiders own 0.86% of the company’s stock.

United Airlines Stock Performance

NASDAQ UAL opened at $125.34 on Monday. United Airlines Holdings Inc has a 52 week low of $84.64 and a 52 week high of $138.77. The company has a 50 day moving average price of $123.28 and a 200 day moving average price of $108.14. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45. The firm has a market cap of $40.68 billion, a PE ratio of 11.72, a price-to-earnings-growth ratio of 0.93 and a beta of 1.28.

United Airlines (NASDAQ:UAL) last released 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. The business had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The business’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same period in the previous year, the company earned $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, sell-side analysts forecast that United Airlines Holdings Inc will post 10.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on UAL. Barclays upped their target price on United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Bank of America raised their target price on United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. UBS Group increased their target price on United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Susquehanna dropped their price objective on shares of United Airlines from $172.00 to $165.00 and set a “positive” rating for the company in a research note on Friday, July 17th. Finally, Wells Fargo & Company raised their price target on United Airlines from $130.00 to $165.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 30th. Sixteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, United Airlines currently has an average rating of “Moderate Buy” and a consensus price target of $156.79.

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.