FDO Partners LLC cut its position in United Continental Holdings, Inc. (NYSE:UAL) by 91.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,318 shares of the transportation company’s stock after selling 56,682 shares during the period. FDO Partners LLC’s holdings in United Continental were worth $324,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in UAL. Janney Montgomery Scott LLC increased its holdings in shares of United Continental by 15.4% in the second quarter. Janney Montgomery Scott LLC now owns 17,117 shares of the transportation company’s stock valued at $1,288,000 after purchasing an additional 2,281 shares during the period. Great West Life Assurance Co. Can increased its holdings in shares of United Continental by 4.2% in the second quarter. Great West Life Assurance Co. Can now owns 94,270 shares of the transportation company’s stock valued at $7,089,000 after purchasing an additional 3,782 shares during the period. CIBC Asset Management Inc increased its holdings in shares of United Continental by 0.7% in the second quarter. CIBC Asset Management Inc now owns 31,008 shares of the transportation company’s stock valued at $2,333,000 after purchasing an additional 204 shares during the period. Bessemer Group Inc. increased its holdings in shares of United Continental by 2.4% in the second quarter. Bessemer Group Inc. now owns 27,471 shares of the transportation company’s stock valued at $2,067,000 after purchasing an additional 632 shares during the period. Finally, Daiwa Securities Group Inc. increased its holdings in shares of United Continental by 4.2% in the second quarter. Daiwa Securities Group Inc. now owns 12,450 shares of the transportation company’s stock valued at $937,000 after purchasing an additional 500 shares during the period. 95.92% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Edward Shapiro bought 15,000 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were acquired at an average price 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 in the company, valued at approximately $1,658,818.09. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert A. Milton bought 1,000 shares of the firm’s stock in a transaction dated Tuesday, October 24th. The stock was purchased at an average price of $58.60 per share, for a total transaction of $58,600.00. Following the transaction, the director now owns 6,176 shares of the company’s stock, valued at $361,913.60. The disclosure for this purchase can be found here. Company insiders own 0.27% of the company’s stock.

Several analysts recently commented on the company. Zacks Investment Research lowered United Continental from a “buy” rating to a “hold” rating in a report on Friday, August 18th. Stifel Nicolaus reaffirmed a “buy” rating and set a $110.00 target price on shares of United Continental in a report on Wednesday, September 20th. ValuEngine raised United Continental from a “buy” rating to a “strong-buy” rating in a report on Friday. Macquarie assumed coverage on United Continental in a report on Monday, September 25th. They set a “neutral” rating and a $64.00 target price on the stock. Finally, Barclays reaffirmed a “buy” rating and set a $80.00 target price on shares of United Continental in a report on Monday, September 25th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. United Continental presently has an average rating of “Hold” and an average target price of $77.63.

United Continental Holdings, Inc. (NYSE UAL) traded up $0.02 during midday trading on Tuesday, hitting $62.59. The stock had a trading volume of 5,054,300 shares, compared to its average volume of 4,383,990. The stock has a market capitalization of $18,536.51, a P/E ratio of 8.75, a PEG ratio of 1.61 and a beta of 1.04. United Continental Holdings, Inc. has a 1-year low of $56.51 and a 1-year high of $83.04. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.53 and a current ratio of 0.60.

United Continental (NYSE:UAL) last released its earnings results on Wednesday, October 18th. The transportation company reported $2.22 earnings per share for the quarter, beating the consensus estimate of $2.12 by $0.10. The business had revenue of $9.88 billion for the quarter, compared to the consensus estimate of $9.87 billion. United Continental had a return on equity of 25.26% and a net margin of 5.22%. The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter last year, the business posted $3.11 earnings per share. research analysts forecast that United Continental Holdings, Inc. will post 6.31 EPS for the current fiscal year.

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About United Continental

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 (NYSE:UAL)

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