The United Continental Holdings, Inc. (UAL) Holdings Reduced by Advisor Group Inc.

The United Continental Holdings, Inc. (UAL) Holdings Reduced by Advisor Group Inc.

Advisor Group Inc. decreased its position in United Continental Holdings, Inc. (NYSE:UAL) by 27.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,827 shares of the transportation company’s stock after selling 1,471 shares during the period. Advisor Group Inc.’s holdings in United Continental Holdings were worth $267,000 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 UAL. MCF Advisors LLC grew its position in United Continental Holdings by 0.9% in the 2nd quarter. MCF Advisors LLC now owns 1,529 shares of the transportation company’s stock worth $115,000 after purchasing an additional 13 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new position in United Continental Holdings in the 1st quarter worth about $122,000. FNY Partners Fund LP grew its position in United Continental Holdings by 2,073.9% in the 1st quarter. FNY Partners Fund LP now owns 2,000 shares of the transportation company’s stock worth $141,000 after purchasing an additional 1,908 shares during the last quarter. Captrust Financial Advisors bought a new position in United Continental Holdings in the 2nd quarter worth about $181,000. Finally, Comprehensive Portfolio Management LLC bought a new position in United Continental Holdings in the 2nd quarter worth about $204,000. Hedge funds and other institutional investors own 97.69% of the company’s stock.

Shares of United Continental Holdings, Inc. (NYSE:UAL) opened at 67.57 on Friday. United Continental Holdings, Inc. has a 1-year low of $52.21 and a 1-year high of $83.04. The company’s 50-day moving average is $61.79 and its 200 day moving average is $70.63. The firm has a market capitalization of $20.56 billion, a price-to-earnings ratio of 9.34 and a beta of 1.05.

United Continental Holdings (NYSE:UAL) last issued its quarterly earnings results on Tuesday, July 18th. The transportation company reported $2.75 EPS for the quarter, topping the consensus estimate of $2.31 by $0.44. United Continental Holdings had a net margin of 6.09% and a return on equity of 29.46%. The company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the previous year, the company earned $2.61 EPS. United Continental Holdings’s revenue was up 6.4% on a year-over-year basis. On average, analysts expect that United Continental Holdings, Inc. will post $6.40 EPS for the current fiscal year.

Several research analysts have commented on the stock. Raymond James Financial, Inc. restated an “outperform” rating and issued a $100.00 target price on shares of United Continental Holdings in a research report on Friday, July 14th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $86.00 price target on shares of United Continental Holdings in a research note on Thursday, July 13th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $85.00 price target (up from $80.00) on shares of United Continental Holdings in a research note on Thursday, July 13th. Citigroup Inc. upped their price target on shares of United Continental Holdings from $78.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, July 13th. Finally, Imperial Capital upped their price target on shares of United Continental Holdings from $75.00 to $77.00 and gave the stock an “in-line” rating in a research note on Tuesday, July 18th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $80.61.

In other news, Director Edward Shapiro acquired 15,000 shares of United Continental Holdings stock in a transaction that occurred 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 purchase, the director now directly owns 27,707 shares of the company’s stock, valued at $1,658,818.09. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is owned by company insiders.

United Continental Holdings Profile

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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