Teachers Retirement System of The State of Kentucky trimmed its position in shares of United Continental Holdings, Inc. (NYSE:UAL) by 3.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,150 shares of the transportation company’s stock after selling 1,250 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in United Continental Holdings were worth $2,419,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UAL. UBS Asset Management Americas Inc. lifted its position in United Continental Holdings by 18.0% in the 1st quarter. UBS Asset Management Americas Inc. now owns 538,267 shares of the transportation company’s stock worth $38,023,000 after buying an additional 82,122 shares during the last quarter. Nordea Investment Management AB boosted its stake in United Continental Holdings by 53.9% in the first quarter. Nordea Investment Management AB now owns 7,349 shares of the transportation company’s stock worth $519,000 after buying an additional 2,573 shares in the last quarter. Stifel Financial Corp grew its position in United Continental Holdings by 10.2% during the first quarter. Stifel Financial Corp now owns 6,562 shares of the transportation company’s stock valued at $463,000 after acquiring an additional 606 shares during the last quarter. Clinton Group Inc. grew its position in United Continental Holdings by 122.5% during the first quarter. Clinton Group Inc. now owns 9,675 shares of the transportation company’s stock valued at $683,000 after acquiring an additional 5,327 shares during the last quarter. Finally, Schroder Investment Management Group grew its position in United Continental Holdings by 3,487.1% during the first quarter. Schroder Investment Management Group now owns 53,807 shares of the transportation company’s stock valued at $3,809,000 after acquiring an additional 52,307 shares during the last quarter. 97.69% of the stock is currently owned by institutional investors.

United Continental Holdings, Inc. (UAL) opened at 60.88 on Monday. The firm has a 50-day moving average of $63.57 and a 200 day moving average of $71.48. United Continental Holdings, Inc. has a one year low of $51.34 and a one year high of $83.04. The company has a market capitalization of $18.52 billion, a price-to-earnings ratio of 8.41 and a beta of 1.05.

United Continental Holdings (NYSE:UAL) last posted its quarterly earnings results on Tuesday, July 18th. The transportation company reported $2.75 EPS for the quarter, topping the Thomson Reuters’ 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 for the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter last year, the firm posted $2.61 EPS. The firm’s revenue was up 6.4% compared to the same quarter last year. Equities research analysts predict that United Continental Holdings, Inc. will post $6.27 earnings per share for the current fiscal year.

In related news, Director Edward Shapiro acquired 15,000 shares of the stock in a transaction on Friday, September 15th. The stock was bought at an average cost of $59.87 per share, with a total value of $898,050.00. Following the transaction, the director now directly owns 27,707 shares in the company, valued at $1,658,818.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.27% of the stock is owned by insiders.

UAL has been the topic of several research reports. BidaskClub raised shares of United Continental Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Barclays PLC restated a “buy” rating and issued a $90.00 price objective on shares of United Continental Holdings in a report on Thursday, September 14th. Sanford C. Bernstein reaffirmed a “hold” rating on shares of United Continental Holdings in a research note on Monday, August 7th. Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of United Continental Holdings in a research note on Wednesday, September 20th. Finally, Zacks Investment Research lowered shares of United Continental Holdings from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 20th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. United Continental Holdings presently has a consensus rating of “Hold” and a consensus target price of $80.86.

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

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