Parametric Portfolio Associates LLC raised its holdings in shares of United Continental Holdings, Inc. (NYSE:UAL) by 113.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,144,832 shares of the transportation company’s stock after buying an additional 608,570 shares during the period. Parametric Portfolio Associates LLC owned about 0.38% of United Continental Holdings worth $86,149,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. MCF Advisors LLC lifted its position in United Continental Holdings by 0.9% during the second quarter. MCF Advisors LLC now owns 1,529 shares of the transportation company’s stock valued at $115,000 after buying an additional 13 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new position in United Continental Holdings during the first quarter valued at approximately $122,000. FNY Partners Fund LP lifted its position in United Continental Holdings by 2,073.9% during the first quarter. FNY Partners Fund LP now owns 2,000 shares of the transportation company’s stock valued at $141,000 after buying an additional 1,908 shares in the last quarter. Captrust Financial Advisors acquired a new position in United Continental Holdings during the second quarter valued at approximately $181,000. Finally, Comprehensive Portfolio Management LLC acquired a new position in United Continental Holdings during the second quarter valued at approximately $204,000. 97.69% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have weighed in on the stock. Bank of America Corporation reaffirmed a “buy” rating and set a $105.00 price target on shares of United Continental Holdings in a research report on Wednesday, July 12th. UBS AG reaffirmed a “buy” rating and set a $103.00 price target (up from $95.00) on shares of United Continental Holdings in a research report on Friday, June 9th. Citigroup Inc. reaffirmed a “neutral” rating and set a $68.00 price target (down from $85.00) on shares of United Continental Holdings in a research report on Thursday, September 7th. Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of United Continental Holdings in a research report on Wednesday, September 20th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $85.00 price target (up from $80.00) on shares of United Continental Holdings in a research report on Thursday, July 13th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. United Continental Holdings currently has an average rating of “Hold” and a consensus price target of $82.35.

In other United Continental Holdings news, Director Edward Shapiro acquired 15,000 shares of United Continental Holdings stock in a transaction dated Friday, September 15th. The stock was bought at an average cost of $59.87 per share, with a total value of $898,050.00. Following the completion of the transaction, the director now owns 27,707 shares of the company’s stock, valued at $1,658,818.09. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.27% of the stock is currently owned by corporate insiders.

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United Continental Holdings (NYSE:UAL) last posted its quarterly earnings data on Tuesday, July 18th. The transportation company reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.44. United Continental Holdings had a return on equity of 29.46% and a net margin of 6.09%. The company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same period in the prior year, the business earned $2.61 earnings per share. United Continental Holdings’s revenue for the quarter was up 6.4% compared to the same quarter last year.

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

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