United Continental Holdings, Inc. (NYSE:UAL) saw unusually large options trading on Thursday. Investors purchased 1,399 call options on the company. This represents an increase of approximately 115% compared to the average volume of 650 call options.

In other news, EVP Gregory L. Hart sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $76.83, for a total transaction of $230,490.00. Following the sale, the executive vice president now owns 28,369 shares in the company, valued at approximately $2,179,590.27. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Michael P. Bonds sold 9,971 shares of the company’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $78.86, for a total value of $786,313.06. Following the sale, the executive vice president now owns 8,716 shares in the company, valued at approximately $687,343.76. The disclosure for this sale can be found here. Corporate insiders own 0.27% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. NN Investment Partners Holdings N.V. raised its stake in shares of United Continental Holdings by 10.4% in the first quarter. NN Investment Partners Holdings N.V. now owns 184,918 shares of the transportation company’s stock valued at $13,063,000 after buying an additional 17,420 shares during the last quarter. Independent Advisor Alliance raised its stake in shares of United Continental Holdings by 29.1% in the first quarter. Independent Advisor Alliance now owns 4,256 shares of the transportation company’s stock valued at $298,000 after buying an additional 959 shares during the last quarter. Stifel Financial Corp raised its stake in shares of United Continental Holdings by 10.2% in the first quarter. Stifel Financial Corp now owns 6,562 shares of the transportation company’s stock valued at $463,000 after buying an additional 606 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of United Continental Holdings during the first quarter valued at about $19,240,000. Finally, Suntrust Banks Inc. raised its stake in shares of United Continental Holdings by 4.0% in the first quarter. Suntrust Banks Inc. now owns 5,763 shares of the transportation company’s stock valued at $406,000 after buying an additional 220 shares during the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

United Continental Holdings (UAL) opened at 68.91 on Friday. United Continental Holdings has a 52-week low of $44.15 and a 52-week high of $83.04. The firm’s 50-day moving average price is $75.42 and its 200 day moving average price is $74.04. The company has a market cap of $20.96 billion, a PE ratio of 9.52 and a beta of 1.03.

United Continental Holdings (NYSE:UAL) last issued its earnings results on Tuesday, July 18th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.31 by $0.44. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $9.95 billion. United Continental Holdings had a return on equity of 29.46% and a net margin of 6.09%. The business’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.61 earnings per share. On average, equities analysts predict that United Continental Holdings will post $7.83 EPS for the current fiscal year.

A number of equities research analysts have recently issued reports on UAL shares. Vetr cut United Continental Holdings from a “sell” rating to a “strong sell” rating and set a $63.50 price objective on the stock. in a research note on Tuesday, May 2nd. BidaskClub cut United Continental Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. ValuEngine upgraded United Continental Holdings from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Buckingham Research reiterated a “buy” rating and set a $97.00 price objective on shares of United Continental Holdings in a research note on Saturday, July 22nd. Finally, UBS AG upped their price objective on United Continental Holdings from $103.00 to $109.00 and gave the stock a “buy” rating in a research note on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $85.16.

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About United Continental Holdings

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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