United Continental Holdings Inc. (NYSE:UAL) shares shot up 7.1% on Tuesday . The company traded as high as $45.95 and last traded at $45.43, with a volume of 6,161,278 shares changing hands. The stock had previously closed at $42.41.

UAL has been the topic of a number of analyst reports. Deutsche Bank AG reaffirmed a “hold” rating on shares of United Continental Holdings in a research note on Saturday, April 9th. Stephens reaffirmed a “hold” rating on shares of United Continental Holdings in a research note on Saturday, April 23rd. Cowen and Company reaffirmed a “buy” rating on shares of United Continental Holdings in a research note on Saturday, April 23rd. Zacks Investment Research lowered United Continental Holdings from a “hold” rating to a “strong sell” rating in a research note on Thursday, June 16th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a $66.50 price objective on shares of United Continental Holdings in a research note on Tuesday, April 12th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $67.19.

The company has a market cap of $15.55 billion and a price-to-earnings ratio of 2.39. The company’s 50 day moving average is $43.20 and its 200 day moving average is $49.97.

United Continental Holdings (NYSE:UAL) last issued its earnings results on Wednesday, April 20th. The company reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.05. The firm earned $8.20 billion during the quarter, compared to analysts’ expectations of $8.21 billion. During the same quarter last year, the firm earned $1.52 EPS. The business’s revenue for the quarter was down 4.8% compared to the same quarter last year. Analysts predict that United Continental Holdings Inc. will post $7.84 earnings per share for the current year.

In other news, EVP Linda P. Jojo bought 2,500 shares of the stock in a transaction on Thursday, April 28th. The shares were purchased at an average price of $48.77 per share, for a total transaction of $121,925.00. Following the completion of the purchase, the executive vice president now directly owns 18,792 shares of the company’s stock, valued at approximately $916,485.84. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Par Investment Partners Lp bought 1,905,000 shares of the stock in a transaction on Friday, April 22nd. The stock was purchased at an average price of $52.10 per share, for a total transaction of $99,250,500.00. The disclosure for this purchase can be found here.

A number of hedge funds and institutional investors have recently modified their holdings of UAL. Calamos Advisors LLC increased its position 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 worth $2,402,000 after buying an additional 30,675 shares during the period. Advantus Capital Management Inc increased its position in shares of United Continental Holdings by 0.4% in the fourth quarter. Advantus Capital Management Inc now owns 35,648 shares of the company’s stock worth $2,043,000 after buying an additional 152 shares during the period. Boston Partners increased its position in shares of United Continental Holdings by 16.2% in the fourth quarter. Boston Partners now owns 5,055,856 shares of the company’s stock worth $289,701,000 after buying an additional 702,994 shares during the period. LSV Asset Management increased its position in shares of United Continental Holdings by 681.6% in the fourth quarter. LSV Asset Management now owns 80,500 shares of the company’s stock worth $4,612,000 after buying an additional 70,200 shares during the period. Finally, Great West Life Assurance Co. Can increased its position in shares of United Continental Holdings by 8.8% in the fourth quarter. Great West Life Assurance Co. Can now owns 64,540 shares of the company’s stock worth $3,701,000 after buying an additional 5,246 shares during the period.

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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