United Continental Holdings Inc. (NYSE:UAL) shares fell 2.5% during trading on Thursday . The stock traded as low as $46.02 and last traded at $47.09, with a volume of 2,985,276 shares. The stock had previously closed at $48.30.

Several research analysts recently commented on UAL shares. Cowen and Company reaffirmed a “buy” rating on shares of United Continental Holdings in a research note on Saturday, April 23rd. Stephens reaffirmed a “hold” rating on shares of United Continental Holdings in a research note on Saturday, April 23rd. Deutsche Bank AG reaffirmed a “hold” rating on shares of United Continental Holdings in a research note on Saturday, April 9th. Zacks Investment Research downgraded shares of 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 issued a $66.50 target price on shares of United Continental Holdings in a research note on Tuesday, April 12th. One equities research analyst has rated the stock with a sell rating, six have assigned 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 target price of $66.18.

The stock has a 50-day moving average of $43.85 and a 200-day moving average of $49.51. The company has a market capitalization of $15.34 billion and a PE ratio of 2.60.

United Continental Holdings (NYSE:UAL) last released its earnings results on Tuesday, July 19th. The company reported $2.61 earnings per share for the quarter, topping analysts’ consensus estimates of $2.44 by $0.17. The business earned $9.40 billion during the quarter, compared to analysts’ expectations of $9.36 billion. During the same quarter in the previous year, the business earned $3.31 EPS. On average, equities research analysts expect that United Continental Holdings Inc. will post $8.00 earnings per share for the current year.

In other United Continental Holdings news, EVP Linda P. Jojo bought 2,500 shares of United Continental Holdings stock in a transaction on Thursday, April 28th. The shares were acquired 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 in the company, valued at approximately $916,485.84. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider James E. Compton bought 2,000 shares of United Continental Holdings stock in a transaction on Thursday, April 28th. The stock was acquired at an average price of $48.91 per share, for a total transaction of $97,820.00. Following the purchase, the insider now owns 74,556 shares of the company’s stock, valued at $3,646,533.96. The disclosure for this purchase can be found here.

A number of hedge funds have added to or reduced their stakes in UAL. Westfield Capital Management Co. LP raised its stake in United Continental Holdings by 3.5% in the fourth quarter. Westfield Capital Management Co. LP now owns 3,444,077 shares of the company’s stock worth $197,346,000 after buying an additional 117,266 shares during the last quarter. Morgan Stanley raised its stake in United Continental Holdings by 4.3% in the fourth quarter. Morgan Stanley now owns 2,208,956 shares of the company’s stock worth $126,573,000 after buying an additional 90,884 shares during the last quarter. Jennison Associates LLC raised its stake in United Continental Holdings by 13.5% in the fourth quarter. Jennison Associates LLC now owns 1,531,025 shares of the company’s stock worth $87,728,000 after buying an additional 181,967 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in United Continental Holdings by 14.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,284,354 shares of the company’s stock worth $73,595,000 after buying an additional 157,326 shares during the last quarter. Finally, Marshall Wace LLP raised its stake in United Continental Holdings by 152.5% in the fourth quarter. Marshall Wace LLP now owns 1,026,067 shares of the company’s stock worth $58,794,000 after buying an additional 619,741 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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