United Continental Holdings, Inc. (NYSE:UAL) was the recipient of some unusual options trading on Thursday. Traders purchased 1,399 call options on the company. This is an increase of approximately 115% compared to the average daily volume of 650 call options.

Several large investors have recently modified their holdings of the company. Sentry Investment Management LLC grew its position in shares of United Continental Holdings by 1.5% in the second quarter. Sentry Investment Management LLC now owns 73,143 shares of the transportation company’s stock valued at $5,504,000 after purchasing an additional 1,085 shares during the last quarter. Toronto Dominion Bank grew its position in shares of United Continental Holdings by 24.0% in the second quarter. Toronto Dominion Bank now owns 92,962 shares of the transportation company’s stock valued at $6,994,000 after purchasing an additional 17,967 shares during the last quarter. U S Global Investors Inc. grew its position in shares of United Continental Holdings by 65.2% in the second quarter. U S Global Investors Inc. now owns 189,637 shares of the transportation company’s stock valued at $12,835,000 after purchasing an additional 74,823 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of United Continental Holdings in the second quarter valued at about $1,293,000. Finally, Verition Fund Management LLC grew its position in shares of United Continental Holdings by 5.7% in the second quarter. Verition Fund Management LLC now owns 26,424 shares of the transportation company’s stock valued at $1,988,000 after purchasing an additional 1,424 shares during the last quarter. 97.69% of the stock is currently owned by institutional investors.

UAL has been the subject of a number of research reports. UBS AG reissued a “buy” rating and set a $103.00 price target (up previously from $95.00) on shares of United Continental Holdings in a research report on Friday, June 9th. Bank of America Corporation lowered their price target on United Continental Holdings from $105.00 to $85.00 and set a “buy” rating for the company in a research report on Friday, June 30th. Zacks Investment Research raised United Continental Holdings from a “hold” rating to a “buy” rating and set a $86.00 price target for the company in a research report on Tuesday, June 20th. Buckingham Research reissued a “buy” rating and set a $97.00 price target on shares of United Continental Holdings in a research report on Saturday, July 22nd. Finally, Barclays PLC reissued a “buy” rating and set a $90.00 price target on shares of United Continental Holdings in a research report on Thursday, September 14th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $79.85.

United Continental Holdings (NYSE UAL) opened at 58.11 on Tuesday. The firm has a market cap of $17.68 billion, a PE ratio of 8.03 and a beta of 1.06. The company has a 50 day moving average price of $63.86 and a 200 day moving average price of $71.61. United Continental Holdings has a 1-year low of $49.28 and a 1-year high of $83.04.

United Continental Holdings (NYSE:UAL) last issued its quarterly 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 company had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.95 billion. United Continental Holdings had a return on equity of 29.46% and a net margin of 6.09%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the business posted $2.61 earnings per share. On average, equities research analysts forecast that United Continental Holdings will post $6.71 earnings per share for the current year.

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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.

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