Canada Pension Plan Investment Board boosted its stake in shares of United Continental Holdings, Inc. (NYSE:UAL) by 52.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 429,432 shares of the transportation company’s stock after buying an additional 147,600 shares during the period. Canada Pension Plan Investment Board’s holdings in United Continental Holdings were worth $32,315,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in UAL. BlackRock Inc. increased its position in shares of United Continental Holdings by 4,642.3% in the first quarter. BlackRock Inc. now owns 22,075,033 shares of the transportation company’s stock valued at $1,559,382,000 after buying an additional 21,609,536 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of United Continental Holdings by 133.0% in the second quarter. Acadian Asset Management LLC now owns 972,736 shares of the transportation company’s stock valued at $73,200,000 after buying an additional 555,304 shares during the last quarter. Bank of Montreal Can increased its position in shares of United Continental Holdings by 383.9% in the second quarter. Bank of Montreal Can now owns 578,146 shares of the transportation company’s stock valued at $43,505,000 after buying an additional 458,666 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of United Continental Holdings by 23.5% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,982,338 shares of the transportation company’s stock valued at $140,032,000 after buying an additional 376,942 shares during the last quarter. Finally, APG Asset Management N.V. increased its position in shares of United Continental Holdings by 37.0% in the first quarter. APG Asset Management N.V. now owns 1,273,773 shares of the transportation company’s stock valued at $89,979,000 after buying an additional 343,734 shares during the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.

United Continental Holdings, Inc. (UAL) opened at 65.87 on Friday. The stock has a market cap of $20.04 billion, a PE ratio of 9.10 and a beta of 1.03. The company has a 50-day moving average of $73.10 and a 200-day moving average of $73.66. United Continental Holdings, Inc. has a 12 month low of $46.56 and a 12 month high of $83.04.

United Continental Holdings (NYSE:UAL) last released its quarterly earnings data on Tuesday, July 18th. The transportation company reported $2.75 EPS for the quarter, beating the Thomson Reuters’ 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 business had revenue of $10 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same quarter last year, the business earned $2.61 earnings per share. United Continental Holdings’s quarterly revenue was up 6.4% compared to the same quarter last year. On average, equities analysts forecast that United Continental Holdings, Inc. will post $7.81 EPS for the current fiscal year.

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Several research analysts have commented on UAL shares. Stifel Nicolaus reissued a “buy” rating on shares of United Continental Holdings in a report on Wednesday, April 19th. Vetr downgraded shares of United Continental Holdings from a “sell” rating to a “strong sell” rating and set a $63.50 price objective for the company. in a report on Tuesday, May 2nd. BidaskClub downgraded shares of United Continental Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Bank of America Corporation reaffirmed a “buy” rating and set a $105.00 price objective on shares of United Continental Holdings in a report on Wednesday, July 12th. Finally, Imperial Capital lifted their price objective on shares of United Continental Holdings from $75.00 to $77.00 and gave the stock an “in-line” rating in a report on Tuesday, July 18th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $85.16.

In other United Continental Holdings news, EVP Gregory L. Hart sold 3,000 shares of the stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $76.83, for a total transaction of $230,490.00. Following the completion of the transaction, the executive vice president now owns 28,369 shares in the company, valued at $2,179,590.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.27% of the stock is owned by company insiders.

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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