People s United Financial Inc. boosted its stake in United Continental Holdings, Inc. (NYSE:UAL) by 3.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,127 shares of the transportation company’s stock after purchasing an additional 425 shares during the quarter. People s United Financial Inc.’s holdings in United Continental Holdings were worth $1,063,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. MCF Advisors LLC lifted its position in United Continental Holdings by 0.9% during the second quarter. MCF Advisors LLC now owns 1,529 shares of the transportation company’s stock worth $115,000 after purchasing an additional 13 shares during the period. Oppenheimer Asset Management Inc. bought a new position in United Continental Holdings in the 1st quarter valued at about $122,000. FNY Partners Fund LP increased its holdings in United Continental Holdings by 2,073.9% in the 1st 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 during the period. Captrust Financial Advisors bought a new position in United Continental Holdings in the 2nd quarter valued at about $181,000. Finally, Comprehensive Portfolio Management LLC bought a new position in United Continental Holdings in the 2nd quarter valued at about $204,000. 97.69% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently commented on the stock. Barclays PLC restated a “buy” rating and issued a $80.00 target price on shares of United Continental Holdings in a research report on Monday, September 25th. Macquarie began coverage on shares of United Continental Holdings in a research report on Monday, September 25th. They set a “neutral” rating and a $64.00 price target on the stock. Stifel Nicolaus reiterated a “buy” rating and set a $110.00 price target on shares of United Continental Holdings in a research report on Wednesday, September 20th. Zacks Investment Research cut shares of United Continental Holdings from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 20th. Finally, Raymond James Financial, Inc. reissued a “market perform” rating on shares of United Continental Holdings in a research note on Wednesday, September 20th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $80.86.

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United Continental Holdings, Inc. (NYSE UAL) opened at 64.14 on Wednesday. The firm has a market cap of $19.51 billion, a price-to-earnings ratio of 8.86 and a beta of 1.05. United Continental Holdings, Inc. has a one year low of $51.34 and a one year high of $83.04. The stock’s 50 day moving average is $61.53 and its 200-day moving average is $70.75.

United Continental Holdings (NYSE:UAL) last released its earnings results on Tuesday, July 18th. The transportation company reported $2.75 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.31 by $0.44. The company had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.95 billion. United Continental Holdings had a return on equity of 29.46% and a net margin of 6.09%. United Continental Holdings’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.61 EPS. On average, equities research analysts expect that United Continental Holdings, Inc. will post $6.35 earnings per share for the current fiscal year.

In other United Continental Holdings news, Director Edward Shapiro purchased 15,000 shares of United Continental Holdings stock in a transaction on Friday, September 15th. The shares were acquired at an average cost of $59.87 per share, for a total transaction of $898,050.00. Following the completion of the transaction, the director now directly owns 27,707 shares of the company’s stock, valued at $1,658,818.09. The purchase was disclosed in a filing with the SEC, which is available at this link. 0.27% of the stock is owned by company insiders.

About United Continental Holdings

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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