Point72 Europe London LLP trimmed its position in shares of United Continental Holdings, Inc. (NYSE:UAL) by 3.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 129,800 shares of the transportation company’s stock after selling 5,200 shares during the quarter. United Continental Holdings comprises about 2.3% of Point72 Europe London LLP’s holdings, making the stock its 9th biggest holding. Point72 Europe London LLP’s holdings in United Continental Holdings were worth $9,767,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. MCF Advisors LLC grew its position in United Continental Holdings by 0.9% during the 2nd quarter. MCF Advisors LLC now owns 1,529 shares of the transportation company’s stock valued at $115,000 after purchasing an additional 13 shares during the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in shares of United Continental Holdings during the 1st quarter valued at about $122,000. FNY Partners Fund LP boosted its holdings in shares of United Continental Holdings by 2,073.9% during the 1st quarter. FNY Partners Fund LP now owns 2,000 shares of the transportation company’s stock valued at $141,000 after acquiring an additional 1,908 shares during the last quarter. Sun Life Financial INC boosted its holdings in shares of United Continental Holdings by 18,645.5% during the 2nd quarter. Sun Life Financial INC now owns 2,062 shares of the transportation company’s stock valued at $155,000 after acquiring an additional 2,051 shares during the last quarter. Finally, Captrust Financial Advisors purchased a new stake in shares of United Continental Holdings during the 2nd quarter valued at about $181,000. 97.69% of the stock is currently owned by institutional investors.

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A number of brokerages have recently issued reports on UAL. Bank of America Corporation dropped their price target on shares of United Continental Holdings from $105.00 to $85.00 and set a “buy” rating on the stock in a report on Friday, June 30th. UBS AG reaffirmed a “buy” rating and set a $103.00 price target (up previously from $95.00) on shares of United Continental Holdings in a report on Friday, June 9th. Citigroup Inc. reaffirmed a “neutral” rating and set a $68.00 price target (down previously from $85.00) on shares of United Continental Holdings in a report on Thursday, September 7th. Morgan Stanley reaffirmed an “equal weight” rating and set a $85.00 price target (up previously from $80.00) on shares of United Continental Holdings in a report on Thursday, July 13th. Finally, Zacks Investment Research downgraded shares of United Continental Holdings from a “buy” rating to a “hold” rating in a report on Friday, August 18th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $80.57.

In other United Continental Holdings news, Director Edward Shapiro purchased 15,000 shares of United Continental Holdings stock in a transaction that occurred on Friday, September 15th. The stock was purchased at an average price of $59.87 per share, with a total value of $898,050.00. Following the completion of the acquisition, the director now owns 27,707 shares of the company’s stock, valued at approximately $1,658,818.09. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.27% of the company’s stock.

United Continental Holdings, Inc. (UAL) traded up 1.01% during midday trading on Friday, hitting $64.97. 2,189,114 shares of the stock traded hands. United Continental Holdings, Inc. has a 12 month low of $51.34 and a 12 month high of $83.04. The company’s 50 day moving average price is $61.38 and its 200 day moving average price is $70.66. The firm has a market cap of $19.77 billion, a PE ratio of 8.98 and a beta of 1.05.

United Continental Holdings (NYSE:UAL) last issued its quarterly earnings results on Tuesday, July 18th. The transportation company reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.44. The firm 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 revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.61 earnings per share. Equities research analysts predict that United Continental Holdings, Inc. will post $6.37 earnings per share for the current fiscal year.

United Continental Holdings 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.

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

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