Teachers Advisors LLC cut its stake in United Continental Holdings, Inc. (NYSE:UAL) by 7.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,059,146 shares of the transportation company’s stock after selling 82,876 shares during the period. Teachers Advisors LLC owned approximately 0.35% of United Continental Holdings worth $79,701,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MCF Advisors LLC raised its holdings in United Continental Holdings by 0.9% in the 2nd quarter. MCF Advisors LLC now owns 1,529 shares of the transportation company’s stock valued at $115,000 after acquiring an additional 13 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new position in United Continental Holdings in the 1st quarter valued at $122,000. FNY Partners Fund LP raised its holdings in United Continental Holdings by 2,073.9% in the 1st quarter. FNY Partners Fund LP now owns 2,000 shares of the transportation company’s stock valued at $141,000 after acquiring an additional 1,908 shares in the last quarter. TrimTabs Asset Management LLC raised its holdings in United Continental Holdings by 88.9% in the 1st quarter. TrimTabs Asset Management LLC now owns 2,074 shares of the transportation company’s stock valued at $147,000 after acquiring an additional 976 shares in the last quarter. Finally, Comprehensive Portfolio Management LLC acquired a new position in United Continental Holdings in the 2nd quarter valued at $204,000. 97.70% of the stock is owned by hedge funds and other institutional investors.

United Continental Holdings, Inc. (NYSE UAL) traded down 0.47% during trading on Thursday, hitting $61.37. 258,691 shares of the stock traded hands. The firm has a market cap of $18.67 billion, a PE ratio of 8.48 and a beta of 1.06. United Continental Holdings, Inc. has a 12 month low of $49.28 and a 12 month high of $83.04. The firm has a 50-day moving average price of $64.85 and a 200 day moving average price of $72.03.

United Continental Holdings (NYSE:UAL) last released its quarterly earnings data on Tuesday, July 18th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.31 by $0.44. United Continental Holdings had a net margin of 6.09% and a return on equity of 29.46%. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same period last year, the firm earned $2.61 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. On average, equities analysts forecast that United Continental Holdings, Inc. will post $6.71 EPS for the current fiscal year.

Several equities analysts have weighed in on the company. Barclays PLC reaffirmed a “buy” rating and issued a $90.00 price objective on shares of United Continental Holdings in a report on Thursday. Citigroup Inc. reiterated a “neutral” rating and issued a $68.00 price target (down previously from $85.00) on shares of United Continental Holdings in a research note on Thursday, September 7th. Stephens reiterated an “equal weight” rating and issued a $65.00 price target (down previously from $80.00) on shares of United Continental Holdings in a research note on Thursday, September 7th. Morgan Stanley reiterated an “equal weight” rating and issued a $71.00 price target (down previously from $72.00) on shares of United Continental Holdings in a research note on Friday, September 1st. Finally, Wolfe Research upgraded United Continental Holdings to an “outperform” rating and decreased their price target for the company from $97.00 to $95.00 in a research note on Sunday, August 20th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. United Continental Holdings currently has an average rating of “Hold” and a consensus price target of $82.74.

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United Continental Holdings Company Profile

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.

Institutional Ownership by Quarter for United Continental Holdings (NYSE:UAL)

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