Assetmark Inc. cut its holdings in United Continental Holdings, Inc. (NYSE:UAL) by 96.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,876 shares of the transportation company’s stock after selling 92,311 shares during the quarter. Assetmark Inc.’s holdings in United Continental Holdings were worth $236,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of United Continental Holdings by 4.3% during 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 period. Janus Henderson Group PLC lifted its holdings in shares of United Continental Holdings by 30,735.3% during 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 period. Boston Partners lifted its holdings in shares of United Continental Holdings by 37.7% during 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 period. Diamond Hill Capital Management Inc. lifted its holdings in shares of United Continental Holdings by 33.2% during 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 period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of United Continental Holdings by 11.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,186,098 shares of the transportation company’s stock valued at $133,088,000 after buying an additional 222,636 shares during the period. 97.92% of the stock is currently owned by institutional investors and hedge funds.

In other United Continental Holdings news, Director Edward Shapiro purchased 15,000 shares of the business’s stock in a transaction on Friday, September 15th. The stock was acquired at an average price of $59.87 per share, for a total transaction of $898,050.00. Following the purchase, the director now owns 27,707 shares of the company’s stock, valued at approximately $1,658,818.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert A. Milton purchased 1,000 shares of the business’s stock in a transaction on Tuesday, October 24th. The stock was acquired at an average price of $58.60 per share, with a total value of $58,600.00. Following the purchase, the director now directly owns 6,176 shares in the company, valued at approximately $361,913.60. The disclosure for this purchase can be found here. Corporate insiders own 0.27% of the company’s stock.

United Continental Holdings, Inc. (NYSE:UAL) traded down $0.26 during trading hours on Friday, hitting $59.43. The stock had a trading volume of 1,196,697 shares, compared to its average volume of 3,787,457. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.60 and a quick ratio of 0.53. The stock has a market cap of $17,683.31, a price-to-earnings ratio of 8.35, a price-to-earnings-growth ratio of 1.54 and a beta of 1.02. United Continental Holdings, Inc. has a 52-week low of $56.51 and a 52-week high of $83.04.

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

UAL has been the topic of several research analyst reports. Barclays PLC reissued a “buy” rating and set a $90.00 price target on shares of United Continental Holdings in a report on Thursday, September 14th. Stifel Nicolaus reissued a “buy” rating and set a $110.00 price target on shares of United Continental Holdings in a report on Wednesday, September 20th. Bank of America Corporation reissued a “buy” rating and set a $84.00 price target (down from $85.00) on shares of United Continental Holdings in a report on Tuesday, October 10th. Stephens reissued an “equal weight” rating and set a $65.00 price target (down from $80.00) on shares of United Continental Holdings in a report on Thursday, September 7th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $71.00 price target (down from $72.00) on shares of United Continental Holdings in a report on Friday, September 1st. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. United Continental Holdings presently has a consensus rating of “Hold” and a consensus price target of $77.63.

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

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