United Airlines Holdings, Inc. (NASDAQ:UAL) EVP Kate Gebo Sells 15,000 Shares

United Airlines Holdings, Inc. (NASDAQ:UAL) EVP Kate Gebo sold 15,000 shares of the stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $50.86, for a total value of $762,900.00. Following the transaction, the executive vice president now directly owns 57,512 shares in the company, valued at approximately $2,925,060.32. The transaction was disclosed in a filing with the SEC, which is available at this link.

United Airlines Price Performance

Shares of UAL opened at $53.94 on Tuesday. The company has a market capitalization of $17.74 billion, a P/E ratio of 6.67, a P/E/G ratio of 0.52 and a beta of 1.55. The business’s 50-day moving average is $44.69 and its two-hundred day moving average is $41.59. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.69 and a current ratio of 0.75. United Airlines Holdings, Inc. has a fifty-two week low of $33.68 and a fifty-two week high of $58.23.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.39. The company had revenue of $13.63 billion during the quarter, compared to analysts’ expectations of $13.55 billion. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. United Airlines’s quarterly revenue was up 9.9% on a year-over-year basis. During the same period last year, the business earned $2.46 earnings per share. Research analysts predict that United Airlines Holdings, Inc. will post 9.78 earnings per share for the current year.

Hedge Funds Weigh In On United Airlines

Large investors have recently made changes to their positions in the company. JB Capital LLC acquired a new stake in United Airlines in the fourth quarter valued at approximately $201,000. NWI Management LP grew its stake in United Airlines by 69.6% in the 3rd quarter. NWI Management LP now owns 195,000 shares of the transportation company’s stock valued at $8,249,000 after acquiring an additional 80,000 shares during the period. International Assets Investment Management LLC raised its position in United Airlines by 3,636.1% during the fourth quarter. International Assets Investment Management LLC now owns 82,231 shares of the transportation company’s stock worth $3,393,000 after acquiring an additional 80,030 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in United Airlines by 43.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 295,615 shares of the transportation company’s stock valued at $12,197,000 after purchasing an additional 89,106 shares in the last quarter. Finally, Los Angeles Capital Management LLC increased its stake in shares of United Airlines by 1,993.1% during the third quarter. Los Angeles Capital Management LLC now owns 861,835 shares of the transportation company’s stock worth $36,456,000 after purchasing an additional 820,660 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on UAL shares. StockNews.com raised United Airlines from a “sell” rating to a “hold” rating in a research report on Thursday, April 18th. Evercore ISI upgraded United Airlines from an “in-line” rating to an “outperform” rating and increased their price target for the company from $58.00 to $65.00 in a research note on Friday, February 9th. Redburn Atlantic downgraded shares of United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 price objective on the stock. in a report on Tuesday, February 13th. Bank of America lifted their target price on shares of United Airlines from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, April 18th. Finally, Susquehanna upped their price target on shares of United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a research note on Thursday, April 18th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $66.53.

About United Airlines

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.