QS Investors LLC decreased its holdings in shares of United Continental Holdings Inc (NYSE:UAL) by 6.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 21,829 shares of the transportation company’s stock after selling 1,551 shares during the period. QS Investors LLC’s holdings in United Continental were worth $1,471,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Nationwide Fund Advisors grew its holdings in shares of United Continental by 15.2% in the 3rd quarter. Nationwide Fund Advisors now owns 144,502 shares of the transportation company’s stock valued at $8,797,000 after buying an additional 19,087 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in shares of United Continental by 65.4% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 9,741 shares of the transportation company’s stock valued at $593,000 after buying an additional 3,852 shares during the period. Victory Capital Management Inc. grew its holdings in shares of United Continental by 35.2% in the 3rd quarter. Victory Capital Management Inc. now owns 25,227 shares of the transportation company’s stock valued at $1,536,000 after buying an additional 6,571 shares during the period. Advisor Group Inc. grew its holdings in shares of United Continental by 104.3% in the 3rd quarter. Advisor Group Inc. now owns 7,819 shares of the transportation company’s stock valued at $476,000 after buying an additional 3,992 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its holdings in shares of United Continental by 2.1% in the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 274,396 shares of the transportation company’s stock valued at $16,705,000 after buying an additional 5,618 shares during the period. Institutional investors own 95.27% of the company’s stock.

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In other United Continental news, Director Edward Shapiro acquired 25,000 shares of United Continental stock in a transaction dated Thursday, March 15th. The stock was bought at an average cost of $70.65 per share, for a total transaction of $1,766,250.00. Following the purchase, the director now directly owns 37,707 shares in the company, valued at approximately $2,663,999.55. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.27% of the company’s stock.

United Continental stock opened at $69.94 on Thursday. United Continental Holdings Inc has a one year low of $56.51 and a one year high of $83.04. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.49 and a current ratio of 0.56. The company has a market cap of $20,065.69, a PE ratio of 10.41 and a beta of 0.99.

United Continental (NYSE:UAL) last posted its quarterly earnings data on Tuesday, January 23rd. The transportation company reported $1.40 EPS for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.45. United Continental had a net margin of 5.65% and a return on equity of 23.40%. The company had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.41 billion. During the same period in the prior year, the business posted $1.78 EPS. The company’s quarterly revenue was up 4.3% on a year-over-year basis. research analysts anticipate that United Continental Holdings Inc will post 7.77 earnings per share for the current year.

United Continental declared that its board has approved a share buyback program on Thursday, December 7th that allows the company to buyback $3.00 billion in shares. This buyback authorization allows the transportation company to repurchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

Several equities analysts have recently issued reports on the stock. Morgan Stanley boosted their price target on shares of United Continental from $68.00 to $71.00 and gave the company a “hold” rating in a report on Wednesday, January 24th. Bank of America boosted their price target on shares of United Continental from $80.00 to $83.00 and gave the company a “buy” rating in a report on Wednesday, January 24th. Buckingham Research boosted their price target on shares of United Continental from $83.00 to $88.00 and gave the company a “buy” rating in a report on Wednesday, January 24th. Evercore ISI lowered shares of United Continental from an “outperform” rating to an “in-line” rating in a report on Wednesday, January 24th. Finally, Imperial Capital boosted their price target on shares of United Continental from $64.00 to $74.00 and gave the company a “line” rating in a report on Thursday, January 11th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $83.13.

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United Continental 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.

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

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