United Continental Holdings Inc. (NYSE:UAL) gapped up before the market opened on Friday . The stock had previously closed at $39.80, but opened at $40.09. United Continental Holdings shares last traded at $41.66, with a volume of 2,275,150 shares.

Several research analysts recently weighed in on the stock. Buckingham Research reissued a “buy” rating on shares of United Continental Holdings in a research note on Friday, April 15th. Stifel Nicolaus reduced their price objective on shares of United Continental Holdings from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday, April 22nd. Zacks Investment Research raised shares of United Continental Holdings from a “hold” rating to a “buy” rating and set a $66.00 price objective on the stock in a research note on Friday, March 18th. Cowen and Company reissued a “buy” rating on shares of United Continental Holdings in a research note on Saturday, April 23rd. Finally, Vetr raised shares of United Continental Holdings from a “hold” rating to a “buy” rating and set a $47.40 price objective on the stock in a research note on Monday, May 16th. One research analyst has rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. United Continental Holdings presently has a consensus rating of “Buy” and a consensus price target of $67.19.

The stock has a market cap of $13.97 billion and a price-to-earnings ratio of 2.15. The firm has a 50-day moving average price of $43.27 and a 200 day moving average price of $50.22.

United Continental Holdings (NYSE:UAL) last announced its quarterly earnings data on Wednesday, April 20th. The company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.05. During the same period last year, the business posted $1.52 EPS. The firm earned $8.20 billion during the quarter, compared to analysts’ expectations of $8.21 billion. The company’s revenue was down 4.8% compared to the same quarter last year. Analysts anticipate that United Continental Holdings Inc. will post $7.94 EPS for the current year.

In other news, CEO Oscar Munoz acquired 19,800 shares of the firm’s stock in a transaction that occurred on Friday, April 22nd. The stock was bought at an average price of $50.53 per share, with a total value of $1,000,494.00. Following the acquisition, the chief executive officer now owns 163,675 shares in the company, valued at approximately $8,270,497.75. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert A. Milton acquired 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 26th. The stock was purchased at an average cost of $49.14 per share, with a total value of $49,140.00. Following the acquisition, the director now owns 1,000 shares in the company, valued at approximately $49,140. The disclosure for this purchase can be found here.

A number of large investors have recently made changes to their positions in UAL. Calamos Advisors LLC raised its stake in shares of United Continental Holdings by 272.8% in the fourth quarter. Calamos Advisors LLC now owns 41,921 shares of the company’s stock valued at $2,402,000 after buying an additional 30,675 shares during the period. Teacher Retirement System of Texas raised its position in United Continental Holdings by 706.4% in the fourth quarter. Teacher Retirement System of Texas now owns 635,022 shares of the company’s stock worth $36,387,000 after buying an additional 556,278 shares during the last quarter. New York State Common Retirement Fund raised its position in United Continental Holdings by 0.4% in the fourth quarter. New York State Common Retirement Fund now owns 1,328,550 shares of the company’s stock worth $76,126,000 after buying an additional 5,600 shares during the last quarter. Stevens Capital Management LP raised its position in United Continental Holdings by 13.3% in the fourth quarter. Stevens Capital Management LP now owns 129,295 shares of the company’s stock worth $7,409,000 after buying an additional 15,149 shares during the last quarter. Finally, ProShare Advisors LLC raised its position in United Continental Holdings by 54.1% in the fourth quarter. ProShare Advisors LLC now owns 79,841 shares of the company’s stock worth $4,575,000 after buying an additional 28,043 shares during the last quarter.

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 an average of approximately 5,000 flights a day to over 340 airports across six continents 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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