Centaurus Financial Inc. Has $1.12 Million Stock Holdings in United Airlines Holdings Inc $UAL

Centaurus Financial Inc. decreased its position in United Airlines Holdings Inc (NASDAQ:UAL) by 25.3% during the 1st quarter, Holdings Channel.com reports. The fund owned 12,223 shares of the transportation company’s stock after selling 4,146 shares during the quarter. Centaurus Financial Inc.’s holdings in United Airlines were worth $1,125,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UAL. Bison Wealth LLC bought a new position in shares of United Airlines in the 4th quarter valued at about $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of United Airlines by 24.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company’s stock worth $2,753,000 after buying an additional 7,713 shares during the last quarter. Focus Partners Wealth raised its stake in shares of United Airlines by 92.7% during the first quarter. Focus Partners Wealth now owns 12,349 shares of the transportation company’s stock worth $853,000 after buying an additional 5,939 shares during the last quarter. First Trust Advisors LP lifted its holdings in United Airlines by 23.5% in the second quarter. First Trust Advisors LP now owns 292,580 shares of the transportation company’s stock valued at $23,298,000 after buying an additional 55,728 shares during the period. Finally, Cresset Asset Management LLC lifted its holdings in United Airlines by 73.5% in the second quarter. Cresset Asset Management LLC now owns 9,410 shares of the transportation company’s stock valued at $749,000 after buying an additional 3,987 shares during the period. 69.69% of the stock is owned by institutional investors.

United Airlines Stock Down 1.8%

Shares of NASDAQ UAL opened at $121.33 on Friday. United Airlines Holdings Inc has a 52-week low of $82.42 and a 52-week high of $138.77. 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 market cap of $39.38 billion, a P/E ratio of 11.35, a P/E/G ratio of 0.91 and a beta of 1.25. The firm has a 50 day moving average price of $119.39 and a 200 day moving average price of $107.03.

United Airlines (NASDAQ:UAL) last posted its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share 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 company had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. During the same period last year, the business posted $3.87 earnings per share. The business’s revenue for the quarter was up 16.4% compared to the same quarter last year. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Analysts expect that United Airlines Holdings Inc will post 10.48 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Morgan Stanley lifted their target price on shares of United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Sanford C. Bernstein increased their price target on United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Bank of America increased their price target on United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. UBS Group lifted their price objective on United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $155.00 price objective on shares of United Airlines in a report on Sunday, July 19th. Sixteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, United Airlines presently has an average rating of “Moderate Buy” and a consensus price target of $156.79.

Insider Buying and Selling at United Airlines

In other United Airlines news, President Brett J. Hart sold 30,108 shares of United Airlines stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $120.72, for a total transaction of $3,634,637.76. Following the transaction, the president directly owned 371,583 shares in the company, valued at approximately $44,857,499.76. The trade was a 7.50% decrease in their ownership of the stock. 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, CEO J Scott Kirby sold 159,321 shares of the business’s stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the completion of the transaction, the chief executive officer directly owned 797,851 shares of the company’s stock, valued at approximately $94,186,310.55. The trade was a 16.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 303,010 shares of company stock worth $35,552,943 in the last three months. 0.86% of the stock is owned by insiders.

United Airlines Company Profile

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.