AQR Capital Management LLC raised its position in United Continental Holdings, Inc. (NYSE:UAL) by 1.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,889,017 shares of the transportation company’s stock after buying an additional 110,314 shares during the period. United Continental Holdings comprises 0.6% of AQR Capital Management LLC’s portfolio, making the stock its 14th largest position. AQR Capital Management LLC owned approximately 2.22% of United Continental Holdings worth $486,640,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. BlackRock Inc. raised its position in shares of United Continental Holdings by 4,642.3% in the first quarter. BlackRock Inc. now owns 22,075,033 shares of the transportation company’s stock worth $1,559,382,000 after buying an additional 21,609,536 shares during the period. Norges Bank acquired a new position in shares of United Continental Holdings during the fourth quarter worth $95,598,000. Teachers Advisors LLC raised its position in shares of United Continental Holdings by 136.4% in the fourth quarter. Teachers Advisors LLC now owns 1,149,261 shares of the transportation company’s stock worth $83,758,000 after buying an additional 663,008 shares during the period. O Shaughnessy Asset Management LLC raised its position in shares of United Continental Holdings by 23.5% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,982,338 shares of the transportation company’s stock worth $140,032,000 after buying an additional 376,942 shares during the period. Finally, APG Asset Management N.V. raised its position in shares of United Continental Holdings by 37.0% in the first quarter. APG Asset Management N.V. now owns 1,273,773 shares of the transportation company’s stock worth $89,979,000 after buying an additional 343,734 shares during the period. 97.29% of the stock is owned by institutional investors and hedge funds.

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

Shares of United Continental Holdings, Inc. (UAL) traded down 0.04% on Friday, hitting $77.42. The company had a trading volume of 1,267,761 shares. The stock’s 50-day moving average is $78.27 and its 200 day moving average is $73.70. The company has a market capitalization of $23.97 billion, a price-to-earnings ratio of 12.11 and a beta of 0.98. United Continental Holdings, Inc. has a 52 week low of $37.41 and a 52 week high of $83.04.

United Continental Holdings (NYSE:UAL) last announced its quarterly earnings results on Monday, April 17th. The transportation company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.04. The company had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.38 billion. United Continental Holdings had a return on equity of 30.61% and a net margin of 5.56%. United Continental Holdings’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the business earned $1.23 earnings per share. Equities analysts expect that United Continental Holdings, Inc. will post $7.28 EPS for the current year.

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A number of equities analysts have weighed in on UAL shares. Cowen and Company decreased their target price on United Continental Holdings from $75.00 to $72.00 and set a “market perform” rating for the company in a research report on Monday, March 20th. Vetr lowered United Continental Holdings from a “strong-buy” rating to a “sell” rating and set a $65.32 target price for the company. in a research report on Tuesday, April 11th. Imperial Capital decreased their target price on United Continental Holdings from $82.00 to $75.00 and set an “outperform” rating for the company in a research report on Friday, March 17th. Citigroup Inc. boosted their target price on United Continental Holdings from $75.00 to $77.00 and gave the stock a “neutral” rating in a research report on Monday, March 27th. Finally, Stifel Nicolaus reaffirmed a “buy” rating on shares of United Continental Holdings in a research report on Wednesday, April 19th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $71.89.

In related news, EVP Gregory L. Hart sold 3,000 shares of United Continental Holdings stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $76.83, for a total transaction of $230,490.00. Following the completion of the transaction, the executive vice president now directly owns 28,369 shares in the company, valued at $2,179,590.27. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Edward Shapiro purchased 10,000 shares of United Continental Holdings stock in a transaction that occurred on Thursday, April 27th. The shares were bought at an average price of $69.35 per share, with a total value of $693,500.00. Following the completion of the transaction, the director now owns 10,000 shares of the company’s stock, valued at approximately $693,500. The disclosure for this purchase can be found here. 0.27% of the stock is currently owned by company insiders.

United Continental Holdings 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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