Public Employees Retirement Association of Colorado reduced its stake in shares of United Continental Holdings, Inc. (NYSE:UAL) by 5.7% during the second quarter, Holdings Channel reports. The firm owned 20,150 shares of the transportation company’s stock after selling 1,213 shares during the period. Public Employees Retirement Association of Colorado’s holdings in United Continental Holdings were worth $1,516,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of UAL. MCF Advisors LLC boosted its stake in shares of United Continental Holdings by 0.9% in 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 during the period. Oppenheimer Asset Management Inc. bought a new stake in shares of United Continental Holdings during the first quarter valued at about $122,000. Paragon Capital Management Ltd bought a new stake in shares of United Continental Holdings during the first quarter valued at about $210,000. FNY Partners Fund LP boosted its stake in shares of United Continental Holdings by 2,073.9% in 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 during the period. Finally, TrimTabs Asset Management LLC boosted its stake in shares of United Continental Holdings by 88.9% in the first quarter. TrimTabs Asset Management LLC now owns 2,074 shares of the transportation company’s stock valued at $147,000 after buying an additional 976 shares during the period. Institutional investors and hedge funds own 98.51% of the company’s stock.

United Continental Holdings, Inc. (UAL) opened at 65.87 on Friday. The firm has a market capitalization of $20.04 billion, a P/E ratio of 9.10 and a beta of 1.03. United Continental Holdings, Inc. has a one year low of $46.56 and a one year high of $83.04. The stock’s 50 day moving average is $73.10 and its 200 day moving average is $73.66.

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 Thomson Reuters’ consensus estimate of $2.31 by $0.44. The firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.95 billion. United Continental Holdings had a net margin of 6.09% and a return on equity of 29.46%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the company posted $2.61 EPS. On average, equities research analysts predict that United Continental Holdings, Inc. will post $7.81 earnings per share for the current fiscal year.

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Several equities research analysts recently issued reports on the company. UBS AG reiterated a “buy” rating and issued a $103.00 price target (up from $95.00) on shares of United Continental Holdings in a research note on Friday, June 9th. ValuEngine upgraded United Continental Holdings from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Sanford C. Bernstein reiterated a “hold” rating on shares of United Continental Holdings in a research note on Monday, August 7th. BidaskClub cut United Continental Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Finally, Cowen and Company reiterated a “market perform” rating and issued a $75.00 price target on shares of United Continental Holdings in a research note on Wednesday, April 19th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $85.16.

In other news, EVP Gregory L. Hart sold 3,000 shares of the firm’s 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 sale, the executive vice president now owns 28,369 shares in the company, valued at approximately $2,179,590.27. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.27% of the company’s stock.

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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