Toronto Dominion Bank Sells 2,521 Shares of United Continental Holdings, Inc. (UAL)

Toronto Dominion Bank reduced its stake in United Continental Holdings, Inc. (NYSE:UAL) by 2.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 90,441 shares of the transportation company’s stock after selling 2,521 shares during the quarter. Toronto Dominion Bank’s holdings in United Continental Holdings were worth $5,506,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Janus Henderson Group PLC raised its holdings in United Continental Holdings by 30,735.3% during the second quarter. Janus Henderson Group PLC now owns 6,957,062 shares of the transportation company’s stock valued at $523,519,000 after acquiring an additional 6,934,500 shares during the period. Assenagon Asset Management S.A. bought a new stake in United Continental Holdings during the third quarter valued at about $121,305,000. Boston Partners raised its holdings in United Continental Holdings by 37.7% during the second quarter. Boston Partners now owns 4,840,050 shares of the transportation company’s stock valued at $364,214,000 after acquiring an additional 1,324,894 shares during the period. Vanguard Group Inc. raised its holdings in United Continental Holdings by 4.3% during the second quarter. Vanguard Group Inc. now owns 22,706,502 shares of the transportation company’s stock valued at $1,708,664,000 after acquiring an additional 930,321 shares during the period. Finally, Diamond Hill Capital Management Inc. raised its holdings in United Continental Holdings by 33.2% during the third quarter. Diamond Hill Capital Management Inc. now owns 2,637,733 shares of the transportation company’s stock valued at $160,585,000 after acquiring an additional 656,990 shares during the period. 99.08% of the stock is currently owned by institutional investors.

A number of research firms have commented on UAL. Citigroup Inc. reissued a “neutral” rating and set a $68.00 price target (down from $85.00) on shares of United Continental Holdings in a report on Thursday, September 7th. Zacks Investment Research cut United Continental Holdings from a “buy” rating to a “hold” rating in a report on Friday, August 18th. Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of United Continental Holdings in a report on Wednesday, September 20th. J P Morgan Chase & Co cut United Continental Holdings from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $84.00 to $68.00 in a report on Friday, September 15th. Finally, Morgan Stanley reduced their target price on United Continental Holdings from $79.00 to $72.00 and set an “equal weight” rating on the stock in a report on Thursday, August 17th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $77.63.

United Continental Holdings, Inc. (NYSE:UAL) opened at $58.20 on Friday. United Continental Holdings, Inc. has a 12-month low of $56.51 and a 12-month high of $83.04. The stock has a market capitalization of $17,241.87, a P/E ratio of 8.14, a price-to-earnings-growth ratio of 1.50 and a beta of 1.02. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.53 and a current ratio of 0.60.

United Continental Holdings (NYSE:UAL) last announced its earnings results on Wednesday, October 18th. The transportation company reported $2.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.12 by $0.10. United Continental Holdings had a return on equity of 25.26% and a net margin of 5.22%. The business had revenue of $9.88 billion during the quarter, compared to analyst estimates of $9.87 billion. During the same quarter in the previous year, the business earned $3.11 earnings per share. The company’s revenue for the quarter was down .4% compared to the same quarter last year. equities research analysts forecast that United Continental Holdings, Inc. will post 6.33 EPS for the current fiscal year.

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

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.

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

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