United Continental Holdings Inc (UAL) Shares Bought by Jefferies Group LLC

Jefferies Group LLC lifted its stake in shares of United Continental Holdings Inc (NYSE:UAL) by 210.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,344 shares of the transportation company’s stock after buying an additional 38,213 shares during the quarter. Jefferies Group LLC’s holdings in United Continental were worth $5,018,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Motley Fool Asset Management LLC increased its position in shares of United Continental by 19.0% during the third quarter. Motley Fool Asset Management LLC now owns 3,584 shares of the transportation company’s stock valued at $319,000 after buying an additional 572 shares during the period. Parallel Advisors LLC increased its position in shares of United Continental by 107.0% during the third quarter. Parallel Advisors LLC now owns 1,360 shares of the transportation company’s stock valued at $121,000 after buying an additional 703 shares during the period. Oregon Public Employees Retirement Fund increased its position in shares of United Continental by 0.8% during the third quarter. Oregon Public Employees Retirement Fund now owns 110,860 shares of the transportation company’s stock valued at $9,873,000 after buying an additional 851 shares during the period. Trexquant Investment LP increased its position in shares of United Continental by 7.0% during the third quarter. Trexquant Investment LP now owns 15,052 shares of the transportation company’s stock valued at $1,341,000 after buying an additional 988 shares during the period. Finally, Elgethun Capital Management increased its position in shares of United Continental by 9.9% during the third quarter. Elgethun Capital Management now owns 12,007 shares of the transportation company’s stock valued at $1,071,000 after buying an additional 1,083 shares during the period. Institutional investors own 95.21% of the company’s stock.

Several equities analysts recently issued reports on UAL shares. Buckingham Research set a $108.00 price target on shares of United Continental and gave the company a “buy” rating in a research report on Friday, September 7th. Macquarie lowered shares of United Continental from an “outperform” rating to a “neutral” rating and set a $95.00 price objective on the stock. in a research note on Tuesday, September 18th. They noted that the move was a valuation call. Morgan Stanley set a $92.00 price objective on shares of United Continental and gave the stock a “hold” rating in a research note on Tuesday, September 18th. Imperial Capital boosted their price objective on shares of United Continental from $85.00 to $96.00 and gave the stock an “in-line” rating in a research note on Thursday, September 27th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised shares of United Continental from a “hold” rating to a “buy” rating and set a $99.00 price objective on the stock in a research note on Monday, October 1st. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. United Continental has an average rating of “Buy” and an average price target of $103.75.

In other news, Director Edward Shapiro bought 30,000 shares of the company’s stock in a transaction dated Thursday, December 6th. The shares were purchased at an average price of $92.57 per share, for a total transaction of $2,777,100.00. Following the completion of the purchase, the director now owns 152,707 shares in the company, valued at approximately $14,136,086.99. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.32% of the company’s stock.

NYSE:UAL opened at $88.23 on Friday. United Continental Holdings Inc has a one year low of $60.44 and a one year high of $97.85.

United Continental (NYSE:UAL) last posted its quarterly earnings data on Tuesday, October 16th. The transportation company reported $3.06 EPS for the quarter, missing the consensus estimate of $3.07 by ($0.01). The company had revenue of $11 billion for the quarter, compared to analyst estimates of $10.95 billion. During the same quarter in the prior year, the firm earned $2.22 earnings per share. United Continental’s quarterly revenue was up 11.2% compared to the same quarter last year.

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United Continental Company Profile

United Continental Holdings, Inc, together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2017, the company operated a fleet of 1,262 aircraft.

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

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