Sequoia Financial Advisors LLC Purchases 2,884 Shares of United Airlines Holdings Inc $UAL

Sequoia Financial Advisors LLC boosted its position in United Airlines Holdings Inc (NASDAQ:UALFree Report) by 94.4% in the 2nd quarter, Holdings Channel reports. The firm owned 5,939 shares of the transportation company’s stock after buying an additional 2,884 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in United Airlines were worth $473,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in UAL. Bank of New York Mellon Corp increased its position in shares of United Airlines by 1.1% during the first quarter. Bank of New York Mellon Corp now owns 1,520,643 shares of the transportation company’s stock worth $105,000,000 after acquiring an additional 16,477 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of United Airlines during the first quarter worth approximately $15,089,000. Generate Investment Management Ltd purchased a new position in shares of United Airlines during the first quarter worth approximately $10,773,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of United Airlines by 147.5% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 16,113 shares of the transportation company’s stock worth $1,113,000 after acquiring an additional 9,604 shares during the period. Finally, Deutsche Bank AG increased its position in shares of United Airlines by 10.5% during 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 during the period. Institutional investors own 69.69% of the company’s stock.

United Airlines Stock Performance

Shares of NASDAQ:UAL opened at $101.29 on Tuesday. The company has a market capitalization of $32.79 billion, a price-to-earnings ratio of 10.15, a price-to-earnings-growth ratio of 1.16 and a beta of 1.45. United Airlines Holdings Inc has a 52 week low of $52.00 and a 52 week high of $116.00. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 1.45. The firm has a 50 day moving average of $101.90 and a 200 day moving average of $86.52.

United Airlines (NASDAQ:UALGet Free Report) last issued its quarterly earnings data on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $2.65 by $0.13. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The company had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.31 billion. During the same quarter in the previous year, the firm posted $3.33 earnings per share. United Airlines’s revenue for the quarter was up 2.6% compared to the same quarter last year. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. On average, sell-side analysts predict that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.

Insider Activity

In other United Airlines news, Director Barney Harford sold 15,823 shares of United Airlines stock in a transaction on Friday, August 8th. The shares were sold at an average price of $90.03, for a total value of $1,424,544.69. Following the transaction, the director directly owned 89,000 shares of the company’s stock, valued at approximately $8,012,670. The trade was a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Brett J. Hart sold 24,772 shares of United Airlines stock in a transaction on Friday, July 25th. The stock was sold at an average price of $89.50, for a total transaction of $2,217,094.00. Following the completion of the transaction, the president directly owned 283,638 shares in the company, valued at $25,385,601. This represents a 8.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 86,791 shares of company stock valued at $8,147,918 over the last three months. Company insiders own 0.63% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. TD Cowen raised their target price on shares of United Airlines from $127.00 to $138.00 and gave the stock a “buy” rating in a research report on Monday. Wall Street Zen raised shares of United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday. Bank of America raised their target price on shares of United Airlines from $90.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. Evercore ISI lifted their price objective on shares of United Airlines from $105.00 to $135.00 and gave the company an “outperform” rating in a report on Monday, September 29th. Finally, Susquehanna boosted their price objective on shares of United Airlines from $109.00 to $115.00 and gave the stock a “positive” rating in a research note on Friday, October 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, United Airlines presently has a consensus rating of “Buy” and a consensus price target of $126.08.

Check Out Our Latest Analysis on United Airlines

About United Airlines

(Free Report)

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

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