United Continental Holdings, Inc. (NYSE:UAL) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Wednesday, July 5th.

UAL has been the subject of several other reports. Stifel Nicolaus reaffirmed a “buy” rating on shares of United Continental Holdings in a research note on Wednesday, April 19th. Zacks Investment Research downgraded United Continental Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, March 14th. Vetr downgraded United Continental Holdings from a “sell” rating to a “strong sell” rating and set a $63.50 price objective for the company. in a report on Tuesday, May 2nd. UBS AG restated a “buy” rating and issued a $103.00 price objective (up from $95.00) on shares of United Continental Holdings in a report on Friday, June 9th. Finally, Evercore ISI downgraded United Continental Holdings to a “hold” rating in a report on Tuesday, April 18th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $85.16.

Shares of United Continental Holdings (NYSE:UAL) traded up 1.06% during midday trading on Wednesday, hitting $68.91. 3,262,852 shares of the stock were exchanged. United Continental Holdings has a 52-week low of $44.15 and a 52-week high of $83.04. The firm has a market cap of $20.96 billion, a PE ratio of 9.52 and a beta of 1.03. The firm’s 50-day moving average is $75.42 and its 200 day moving average is $74.04. United Continental Holdings also saw unusually large options trading activity on Thursday. Traders bought 1,399 call options on the stock. This is an increase of 115% compared to the average daily volume of 650 call options.

United Continental Holdings (NYSE:UAL) last posted its quarterly earnings data on Tuesday, July 18th. The transportation company reported $2.75 EPS for the quarter, topping the consensus estimate of $2.31 by $0.44. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $9.95 billion. United Continental Holdings had a net margin of 6.09% and a return on equity of 29.46%. United Continental Holdings’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.61 earnings per share. On average, analysts forecast that United Continental Holdings will post $7.83 earnings per share for the current year.

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In other news, EVP Michael P. Bonds sold 9,971 shares of the company’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $78.86, for a total transaction of $786,313.06. Following the completion of the transaction, the executive vice president now directly owns 8,716 shares of the company’s stock, valued at approximately $687,343.76. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Gregory L. Hart sold 3,000 shares of the stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $76.83, for a total value of $230,490.00. Following the completion of the transaction, the executive vice president now directly owns 28,369 shares of the company’s stock, valued at $2,179,590.27. The disclosure for this sale can be found here. Corporate insiders own 0.27% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. MCF Advisors LLC increased its position in United Continental Holdings by 0.9% in the second quarter. MCF Advisors LLC now owns 1,529 shares of the transportation company’s stock valued at $115,000 after buying an additional 13 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new position in United Continental Holdings during the first quarter valued at approximately $122,000. FNY Partners Fund LP increased its position in United Continental Holdings by 2,073.9% in the first quarter. FNY Partners Fund LP now owns 2,000 shares of the transportation company’s stock valued at $141,000 after buying an additional 1,908 shares in the last quarter. TrimTabs Asset Management LLC increased its position in United Continental Holdings by 88.9% in the first quarter. TrimTabs Asset Management LLC now owns 2,074 shares of the transportation company’s stock valued at $147,000 after buying an additional 976 shares in the last quarter. Finally, IFP Advisors Inc increased its position in United Continental Holdings by 15.6% in the first quarter. IFP Advisors Inc now owns 2,687 shares of the transportation company’s stock valued at $190,000 after buying an additional 363 shares in the last quarter. 98.52% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for United Continental Holdings (NYSE:UAL)

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