ProShare Advisors LLC Increases Stock Position in United Airlines Holdings Inc $UAL

ProShare Advisors LLC boosted its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 9.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 72,261 shares of the transportation company’s stock after acquiring an additional 6,100 shares during the period. ProShare Advisors LLC’s holdings in United Airlines were worth $5,754,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Hemington Wealth Management lifted its position in shares of United Airlines by 50.6% during the 1st quarter. Hemington Wealth Management now owns 476 shares of the transportation company’s stock valued at $32,000 after buying an additional 160 shares in the last quarter. WPG Advisers LLC bought a new stake in shares of United Airlines in the 1st quarter worth about $32,000. Eastern Bank bought a new position in United Airlines in the 1st quarter valued at $35,000. Banque Transatlantique SA bought a new stake in shares of United Airlines during the first quarter valued at approximately $35,000. Finally, Strategic Investment Solutions Inc. IL lifted its stake in shares of United Airlines by 44.0% during the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 579 shares of the transportation company’s stock worth $46,000 after purchasing an additional 177 shares during the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Stock Performance

Shares of United Airlines stock opened at $97.17 on Friday. The stock has a market capitalization of $31.46 billion, a price-to-earnings ratio of 9.74, a price-to-earnings-growth ratio of 0.89 and a beta of 1.45. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.67 and a quick ratio of 0.61. The business has a 50-day moving average of $99.66 and a 200 day moving average of $90.24. United Airlines Holdings Inc has a 12 month low of $52.00 and a 12 month high of $116.00.

United Airlines (NASDAQ:UAL) last announced its earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share for the quarter, topping the consensus estimate of $2.65 by $0.13. The firm had revenue of $15.23 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the firm earned $3.33 EPS. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. As a group, sell-side analysts forecast that United Airlines Holdings Inc will post 12.96 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Morgan Stanley reiterated an “overweight” rating and issued a $140.00 target price on shares of United Airlines in a research report on Friday, October 17th. Cowen restated a “buy” rating on shares of United Airlines in a research report on Monday, October 20th. Evercore ISI lifted their target price on shares of United Airlines from $105.00 to $135.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. Bank of America raised their price target on shares of United Airlines from $90.00 to $108.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Finally, Wall Street Zen lowered United Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $124.93.

United Airlines Company 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.