Andra AP fonden Has $1.85 Million Position in United Continental Holdings, Inc. (UAL)

Andra AP fonden reduced its position in shares of United Continental Holdings, Inc. (NYSE:UAL) by 5.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,400 shares of the transportation company’s stock after selling 1,800 shares during the period. Andra AP fonden’s holdings in United Continental Holdings were worth $1,851,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Palisade Capital Management LLC NJ increased its holdings in United Continental Holdings by 104.3% in the third quarter. Palisade Capital Management LLC NJ now owns 11,750 shares of the transportation company’s stock valued at $715,000 after buying an additional 6,000 shares in the last quarter. Canada Pension Plan Investment Board increased its holdings in United Continental Holdings by 78.5% in the third quarter. Canada Pension Plan Investment Board now owns 766,432 shares of the transportation company’s stock valued at $46,660,000 after buying an additional 337,000 shares in the last quarter. Victory Capital Management Inc. increased its holdings in United Continental Holdings by 35.2% in the third quarter. Victory Capital Management Inc. now owns 25,227 shares of the transportation company’s stock valued at $1,536,000 after buying an additional 6,571 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new position in United Continental Holdings in the third quarter valued at about $1,790,000. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in United Continental Holdings by 65.4% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 9,741 shares of the transportation company’s stock valued at $593,000 after buying an additional 3,852 shares in the last quarter. 99.08% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have issued reports on UAL shares. Morgan Stanley reaffirmed an “equal weight” rating and issued a $71.00 target price (down from $72.00) on shares of United Continental Holdings in a report on Friday, September 1st. Citigroup Inc. increased their target price on shares of United Continental Holdings from $75.00 to $76.00 and gave the company a “neutral” rating in a report on Thursday, October 19th. Bank of America Corporation reiterated a “buy” rating and issued a $84.00 price target (down from $85.00) on shares of United Continental Holdings in a research report on Tuesday, October 10th. Imperial Capital increased their price target on shares of United Continental Holdings from $75.00 to $77.00 and gave the company an “in-line” rating in a research report on Tuesday, July 18th. Finally, Buckingham Research reiterated a “buy” rating and issued a $97.00 price target on shares of United Continental Holdings in a research report on Saturday, July 22nd. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. United Continental Holdings has an average rating of “Hold” and a consensus price target of $77.63.

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In other United Continental Holdings news, Director Robert A. Milton bought 1,000 shares of the business’s stock in a transaction dated Tuesday, October 24th. The shares were acquired at an average price of $58.60 per share, with a total value of $58,600.00. Following the purchase, the director now owns 6,176 shares in the company, valued at approximately $361,913.60. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Edward Shapiro bought 15,000 shares of the business’s stock in a transaction dated Friday, September 15th. The stock was acquired at an average cost of $59.87 per share, for a total transaction of $898,050.00. Following the purchase, the director now owns 27,707 shares in the company, valued at approximately $1,658,818.09. The disclosure for this purchase can be found here. Company insiders own 0.27% of the company’s stock.

United Continental Holdings, Inc. (UAL) opened at $58.52 on Monday. United Continental Holdings, Inc. has a one year low of $57.34 and a one year high of $83.04. The company has a quick ratio of 0.53, a current ratio of 0.60 and a debt-to-equity ratio of 1.37. The company has a market cap of $17,336.69, a price-to-earnings ratio of 8.18, a PEG ratio of 1.51 and a beta of 1.02.

United Continental Holdings (NYSE:UAL) last issued its earnings results on Wednesday, October 18th. The transportation company reported $2.22 EPS for the quarter, beating the Zacks’ consensus estimate of $2.12 by $0.10. United Continental Holdings had a net margin of 5.22% and a return on equity of 25.26%. The business had revenue of $9.88 billion for the quarter, compared to the consensus estimate of $9.87 billion. During the same quarter last year, the firm posted $3.11 EPS. The business’s revenue for the quarter was down .4% compared to the same quarter last year. sell-side analysts forecast that United Continental Holdings, Inc. will post 6.33 earnings per share for the current year.

About United Continental Holdings

United Continental Holdings, Inc (UAL) is a holding company and its principal subsidiary is United Air Lines, Inc (United). The Company transports people and cargo through its mainline operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates flights from its hubs at Newark Liberty International Airport (Newark Liberty), Chicago O’Hare International Airport (Chicago O’Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B.

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Institutional Ownership by Quarter for United Continental Holdings (NYSE:UAL)

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