Caisse DE Depot ET Placement DU Quebec lifted its holdings in United Continental Holdings, Inc. (NYSE:UAL) by 2.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 232,500 shares of the transportation company’s stock after buying an additional 4,500 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned approximately 0.08% of United Continental worth $14,214,000 as of its most recent filing with the SEC.
Several other institutional investors have also bought and sold shares of the company. Exane Derivatives lifted its position in United Continental by 373.7% in the 3rd quarter. Exane Derivatives now owns 1,852 shares of the transportation company’s stock valued at $113,000 after purchasing an additional 1,461 shares during the last quarter. Sun Life Financial INC lifted its position in United Continental by 18,645.5% in the 2nd quarter. Sun Life Financial INC now owns 2,062 shares of the transportation company’s stock valued at $155,000 after purchasing an additional 2,051 shares during the last quarter. Captrust Financial Advisors bought a new stake in United Continental in the 2nd quarter valued at about $181,000. Comprehensive Portfolio Management LLC bought a new stake in United Continental in the 2nd quarter valued at about $204,000. Finally, Institute for Wealth Management LLC. bought a new stake in United Continental in the 2nd quarter valued at about $208,000. Institutional investors own 95.92% of the company’s stock.
Several brokerages recently weighed in on UAL. Zacks Investment Research downgraded shares of United Continental from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. Stifel Nicolaus reiterated a “buy” rating and issued a $110.00 price objective on shares of United Continental in a research report on Wednesday, September 20th. ValuEngine upgraded shares of United Continental from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. Macquarie began coverage on shares of United Continental in a research report on Monday, September 25th. They issued a “neutral” rating and a $64.00 price objective on the stock. Finally, Barclays reiterated a “buy” rating and issued a $80.00 price objective on shares of United Continental in a research report on Monday, September 25th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $77.63.
United Continental Holdings, Inc. (NYSE UAL) traded down $0.01 during trading on Thursday, reaching $62.19. 3,078,500 shares of the company’s stock traded hands, compared to its average volume of 4,370,992. The firm has a market cap of $18,426.90, a PE ratio of 8.70, a price-to-earnings-growth ratio of 1.60 and a beta of 1.04. 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, Inc. has a 52-week low of $56.51 and a 52-week high of $83.04.
United Continental (NYSE:UAL) last released its earnings results on Wednesday, October 18th. The transportation company reported $2.22 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.12 by $0.10. The firm had revenue of $9.88 billion for the quarter, compared to analysts’ expectations of $9.87 billion. United Continental had a net margin of 5.22% and a return on equity of 25.26%. United Continental’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter last year, the company earned $3.11 EPS. equities research analysts anticipate that United Continental Holdings, Inc. will post 6.31 earnings per share for the current year.
In other United Continental news, Director Robert A. Milton acquired 1,000 shares of the stock in a transaction dated Tuesday, October 24th. The shares were bought at an average price of $58.60 per share, with a total value of $58,600.00. Following the purchase, the director now directly owns 6,176 shares of the company’s stock, valued at approximately $361,913.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Edward Shapiro acquired 15,000 shares of the 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 directly owns 27,707 shares in the company, valued at $1,658,818.09. The disclosure for this purchase can be found here. 0.27% of the stock is currently owned by company insiders.
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United Continental Company 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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