Union Square Park Capital Management LLC Makes New Investment in United Airlines Holdings Inc $UAL

Union Square Park Capital Management LLC purchased a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,500 shares of the transportation company’s stock, valued at approximately $1,151,000.

A number of other institutional investors have also modified their holdings of the company. Lombard Odier Asset Management Switzerland SA purchased a new position in United Airlines during the 1st quarter valued at about $464,000. Archon Partners LLC purchased a new stake in United Airlines during the first quarter worth about $4,788,000. Waverly Advisors LLC increased its stake in United Airlines by 64.1% during the first quarter. Waverly Advisors LLC now owns 6,943 shares of the transportation company’s stock worth $639,000 after purchasing an additional 2,711 shares during the period. Entropy Technologies LP lifted its position in shares of United Airlines by 429.8% during the first quarter. Entropy Technologies LP now owns 92,100 shares of the transportation company’s stock worth $8,480,000 after purchasing an additional 74,715 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of United Airlines by 58.8% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 20,320 shares of the transportation company’s stock worth $1,871,000 after purchasing an additional 7,523 shares in the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on UAL shares. Wells Fargo & Company lifted their price objective on shares of United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a report on Tuesday, June 30th. Citigroup increased their target price on shares of United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Barclays raised their price target 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. Bank of America boosted their price target on shares of United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Finally, JPMorgan Chase & Co. upped their price objective on United Airlines from $156.00 to $203.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Sixteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, United Airlines has a consensus rating of “Moderate Buy” and an average price target of $156.79.

Insider Activity

In other news, CEO J Scott Kirby sold 1,078 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $120.74, for a total value of $130,157.72. Following the sale, the chief executive officer directly owned 797,851 shares in the company, valued at approximately $96,332,529.74. This trade represents a 0.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew P. Nocella sold 7,000 shares of United Airlines stock in a transaction on Friday, May 1st. The stock was sold at an average price of $90.19, for a total transaction of $631,330.00. Following the sale, the executive vice president directly owned 215,345 shares of the company’s stock, valued at approximately $19,421,965.55. This trade represents a 3.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 96,381 shares of company stock worth $10,837,575. 0.86% of the stock is currently owned by corporate insiders.

United Airlines Stock Up 2.5%

UAL stock opened at $118.27 on Friday. The company’s 50 day moving average price is $116.80 and its 200 day moving average price is $106.84. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78. United Airlines Holdings Inc has a fifty-two week low of $82.42 and a fifty-two week high of $138.77. The firm has a market capitalization of $38.39 billion, a price-to-earnings ratio of 11.06, a PEG ratio of 0.87 and a beta of 1.25.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The company had revenue of $17.67 billion during the quarter, compared to the consensus estimate of $17.62 billion. During the same quarter in the previous year, the firm earned $3.87 earnings per share. The firm’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. On average, equities research analysts anticipate that United Airlines Holdings Inc will post 10.48 EPS for the current fiscal year.

About United Airlines

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.