Sanctuary Advisors LLC Invests $7.67 Million in United Airlines Holdings Inc $UAL

Sanctuary Advisors LLC bought a new stake in United Airlines Holdings Inc (NASDAQ:UALFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 56,412 shares of the transportation company’s stock, valued at approximately $7,671,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID bought a new position in shares of United Airlines in the fourth quarter valued at approximately $25,000. Dunhill Financial LLC acquired a new stake in United Airlines during the 2nd quarter valued at $25,000. Western Wealth Management LLC acquired a new stake in United Airlines during the 1st quarter valued at $27,000. Elevation Wealth Partners LLC raised its position in United Airlines by 393.0% in 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. Finally, Trust Co. of Vermont bought a new position in United Airlines in the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Ratings Changes

UAL has been the topic of several research analyst reports. Citigroup increased their target price on United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Susquehanna reduced their price target on shares of United Airlines from $172.00 to $165.00 and set a “positive” rating on the stock in a research report on Friday, July 17th. Wall Street Zen lowered shares of United Airlines from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Barclays raised their price objective on shares of United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Finally, UBS Group boosted their target price on shares of United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Sixteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $157.74.

Check Out Our Latest Report on UAL

United Airlines Price Performance

Shares of UAL opened at $113.57 on Tuesday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78. The stock has a 50 day simple moving average of $123.87 and a 200 day simple moving average of $108.57. United Airlines Holdings Inc has a 52-week low of $84.64 and a 52-week high of $138.77. The firm has a market capitalization of $36.86 billion, a PE ratio of 10.62, a P/E/G ratio of 0.87 and a beta of 1.28.

United Airlines (NASDAQ:UALGet Free Report) last announced its earnings results on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The firm had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. During the same period last year, the company posted $3.87 EPS. The business’s quarterly revenue was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Sell-side analysts predict that United Airlines Holdings Inc will post 10.38 EPS for the current fiscal year.

Insider Activity at United Airlines

In other United Airlines news, President Brett J. Hart sold 30,108 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $120.72, for a total value of $3,634,637.76. Following the sale, the president owned 371,583 shares in the company, valued at approximately $44,857,499.76. The trade was a 7.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of the business’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $119.91, for a total transaction of $2,398,200.00. Following the completion of the sale, the executive vice president directly owned 114,800 shares in the company, valued at approximately $13,765,668. This represents a 14.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 266,010 shares of company stock worth $31,732,909 over the last three months. 0.86% of the stock is currently owned by insiders.

United Airlines Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for United Airlines (NASDAQ:UAL)

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