TD Asset Management Inc. lowered its position in shares of United Continental Holdings, Inc. (NYSE:UAL) by 3.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 303,089 shares of the transportation company’s stock after selling 11,511 shares during the period. TD Asset Management Inc.’s holdings in United Continental Holdings were worth $22,807,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Paragon Capital Management Ltd acquired a new position in United Continental Holdings during the first quarter worth about $210,000. Strs Ohio increased its position in United Continental Holdings by 3.4% in the first quarter. Strs Ohio now owns 500,466 shares of the transportation company’s stock worth $35,352,000 after buying an additional 16,590 shares during the last quarter. Janney Montgomery Scott LLC increased its position in United Continental Holdings by 10.0% in the first quarter. Janney Montgomery Scott LLC now owns 14,836 shares of the transportation company’s stock worth $1,048,000 after buying an additional 1,346 shares during the last quarter. Glen Harbor Capital Management LLC increased its position in United Continental Holdings by 11.5% in the first quarter. Glen Harbor Capital Management LLC now owns 63,728 shares of the transportation company’s stock worth $4,502,000 after buying an additional 6,560 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in United Continental Holdings by 5.5% in the first quarter. Acadian Asset Management LLC now owns 417,432 shares of the transportation company’s stock worth $29,486,000 after buying an additional 21,618 shares during the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Shares of United Continental Holdings, Inc. (NYSE:UAL) opened at 65.87 on Friday. The company 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 12 month low of $46.56 and a 12 month high of $83.04. The company has a 50-day moving average of $73.10 and a 200 day moving average of $73.66.

United Continental Holdings (NYSE:UAL) last issued its earnings results 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 company had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter in the previous year, the company earned $2.61 EPS. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. Analysts forecast that United Continental Holdings, Inc. will post $7.81 EPS for the current year.

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A number of research analysts have recently issued reports on UAL shares. Stifel Nicolaus restated a “buy” rating on shares of United Continental Holdings in a research 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 target on the stock. in a research report on Tuesday, May 2nd. BidaskClub downgraded shares of United Continental Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, July 5th. Bank of America Corporation restated a “buy” rating and issued a $105.00 price target on shares of United Continental Holdings in a research report on Wednesday, July 12th. Finally, Buckingham Research restated a “buy” rating and issued a $97.00 price target on shares of United Continental Holdings in a research report on Saturday, July 22nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $85.16.

In other news, EVP Gregory L. Hart sold 3,000 shares of the business’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $76.83, for a total value 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.27% of the stock is currently owned by 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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