Teza Capital Management LLC Reduces Stock Holdings in United Airlines Holdings Inc $UAL

Teza Capital Management LLC reduced its stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 3.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,519 shares of the transportation company’s stock after selling 219 shares during the quarter. Teza Capital Management LLC’s holdings in United Airlines were worth $450,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Capital A Wealth Management LLC purchased a new stake in shares of United Airlines during the 4th quarter valued at about $31,000. WPG Advisers LLC acquired a new stake in United Airlines during the 1st quarter valued at approximately $32,000. Hemington Wealth Management grew its stake in 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 purchasing an additional 160 shares in the last quarter. Eastern Bank acquired a new stake in United Airlines during the 1st quarter valued at approximately $35,000. Finally, Banque Transatlantique SA acquired a new stake in United Airlines during the 1st quarter valued at approximately $35,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Cowen restated a “buy” rating on shares of United Airlines in a research note on Tuesday, July 15th. UBS Group raised their price objective on United Airlines from $103.00 to $114.00 and gave the company a “buy” rating in a research note on Tuesday, July 15th. Susquehanna raised their price objective on United Airlines from $81.00 to $109.00 and gave the company a “positive” rating in a research note on Tuesday, July 15th. Wall Street Zen lowered United Airlines from a “buy” rating to a “hold” rating in a research note on Friday, July 18th. Finally, Bank of America raised their price objective on United Airlines from $90.00 to $108.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $111.43.

United Airlines Stock Up 0.5%

UAL opened at $106.59 on Monday. United Airlines Holdings Inc has a one year low of $44.85 and a one year high of $116.00. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.65 and a current ratio of 0.70. The stock’s fifty day moving average is $93.14 and its 200-day moving average is $81.73. The company has a market capitalization of $34.51 billion, a PE ratio of 10.68, a P/E/G ratio of 1.38 and a beta of 1.47.

United Airlines (NASDAQ:UAL) last issued its earnings results on Wednesday, July 16th. The transportation company reported $3.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.81 by $0.06. United Airlines had a return on equity of 30.09% and a net margin of 5.71%.The business had revenue of $15.24 billion for the quarter, compared to analysts’ expectations of $15.31 billion. During the same period in the previous year, the firm posted $4.14 EPS. The company’s quarterly revenue was up 1.4% on a year-over-year basis. United Airlines has set its FY 2025 guidance at 9.000-11.000 EPS. On average, equities analysts predict that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

Insider Transactions at United Airlines

In other United Airlines news, EVP Torbjorn J. Enqvist sold 20,000 shares of the business’s stock in a transaction dated Friday, July 18th. The stock was sold at an average price of $92.22, for a total value of $1,844,400.00. Following the transaction, the executive vice president owned 62,358 shares in the company, valued at $5,750,654.76. The trade was a 24.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Barney Harford sold 15,823 shares of the company’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $90.03, for a total value of $1,424,544.69. Following the sale, the director owned 89,000 shares of the company’s stock, valued at approximately $8,012,670. This trade represents a 15.09% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 106,791 shares of company stock valued at $9,992,318. Corporate insiders own 0.63% of the company’s stock.

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.