Victory Capital Management Inc. boosted its position in United Continental Holdings, Inc. (NYSE:UAL) by 35.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,227 shares of the transportation company’s stock after buying an additional 6,571 shares during the period. Victory Capital Management Inc.’s holdings in United Continental Holdings were worth $1,536,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of UAL. Janus Henderson Group PLC grew its position in United Continental Holdings by 30,735.3% in the 2nd quarter. Janus Henderson Group PLC now owns 6,957,062 shares of the transportation company’s stock valued at $523,519,000 after buying an additional 6,934,500 shares during the last quarter. Assenagon Asset Management S.A. purchased a new position in United Continental Holdings in the 3rd quarter valued at $121,305,000. Boston Partners grew its position in United Continental Holdings by 37.7% in the 2nd quarter. Boston Partners now owns 4,840,050 shares of the transportation company’s stock valued at $364,214,000 after buying an additional 1,324,894 shares during the last quarter. Vanguard Group Inc. grew its position in United Continental Holdings by 4.3% in the 2nd quarter. Vanguard Group Inc. now owns 22,706,502 shares of the transportation company’s stock valued at $1,708,664,000 after buying an additional 930,321 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. grew its position in United Continental Holdings by 33.2% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 2,637,733 shares of the transportation company’s stock valued at $160,585,000 after buying an additional 656,990 shares during the last quarter. Hedge funds and other institutional investors own 97.92% of the company’s stock.

UAL has been the topic of several research analyst reports. Morgan Stanley restated an “equal weight” rating and set a $71.00 target price (down from $72.00) on shares of United Continental Holdings in a research report on Friday, September 1st. Citigroup Inc. boosted their target price on shares of United Continental Holdings from $75.00 to $76.00 and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Bank of America Corporation restated a “buy” rating and set a $84.00 target price (down from $85.00) on shares of United Continental Holdings in a research report on Tuesday, October 10th. Evercore ISI upgraded shares of United Continental Holdings from an “in-line” rating to an “outperform” rating and set a $68.00 target price on the stock in a research report on Wednesday, October 25th. Finally, J P Morgan Chase & Co lowered shares of United Continental Holdings from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $68.00 to $60.00 in a research report on Wednesday, November 1st. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. United Continental Holdings presently has an average rating of “Hold” and a consensus target price of $77.63.

United Continental Holdings, Inc. (UAL) opened at $59.71 on Wednesday. United Continental Holdings, Inc. has a one year low of $56.51 and a one year high of $83.04. The firm has a market cap of $17,407.79, a PE ratio of 8.22, a P/E/G ratio of 1.51 and a beta of 1.02. The company has a quick ratio of 0.53, a current ratio of 0.60 and a debt-to-equity ratio of 1.37.

United Continental Holdings (NYSE:UAL) last announced its earnings results on Wednesday, October 18th. The transportation company reported $2.22 earnings per share for the quarter, beating the consensus estimate of $2.12 by $0.10. United Continental Holdings had a net margin of 5.22% and a return on equity of 25.26%. The firm had revenue of $9.88 billion during the quarter, compared to the consensus estimate of $9.87 billion. During the same quarter in the previous year, the company posted $3.11 EPS. The firm’s revenue for the quarter was down .4% on a year-over-year basis. equities analysts expect that United Continental Holdings, Inc. will post 6.33 earnings per share for the current fiscal year.

In related news, Director Edward Shapiro acquired 15,000 shares of the company’s stock in a transaction dated Friday, September 15th. The stock was bought at an average price of $59.87 per share, with a total value of $898,050.00. Following the purchase, the director now directly owns 27,707 shares in the company, valued at approximately $1,658,818.09. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert A. Milton acquired 1,000 shares of the company’s stock in a transaction dated Tuesday, October 24th. The shares were bought at an average cost of $58.60 per share, with a total value of $58,600.00. Following the purchase, the director now owns 6,176 shares in the company, valued at $361,913.60. The disclosure for this purchase can be found here. Insiders own 0.27% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This news story was originally published by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright law. The original version of this news story can be read at https://www.dailypolitical.com/2017/11/22/victory-capital-management-inc-has-1-54-million-position-in-united-continental-holdings-inc-ual.html.

United Continental Holdings 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)

Receive News & Ratings for United Continental Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Continental Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.