Hanseatic Management Services Inc. grew its position in United Continental Holdings, Inc. (NYSE:UAL) by 7.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,852 shares of the transportation company’s stock after acquiring an additional 996 shares during the period. Hanseatic Management Services Inc.’s holdings in United Continental Holdings were worth $1,042,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of UAL. Suntrust Banks Inc. raised its stake in shares of United Continental Holdings by 4.0% in the first quarter. Suntrust Banks Inc. now owns 5,763 shares of the transportation company’s stock valued at $406,000 after acquiring an additional 220 shares during the last quarter. UBS Asset Management Americas Inc. raised its position in United Continental Holdings by 18.0% in the 1st quarter. UBS Asset Management Americas Inc. now owns 538,267 shares of the transportation company’s stock worth $38,023,000 after purchasing an additional 82,122 shares during the last quarter. Alambic Investment Management L.P. bought a new position in United Continental Holdings in the 1st quarter worth approximately $3,283,000. Hosking Partners LLP raised its position in United Continental Holdings by 10.0% in the 1st quarter. Hosking Partners LLP now owns 478,973 shares of the transportation company’s stock worth $33,835,000 after purchasing an additional 43,423 shares during the last quarter. Finally, Penserra Capital Management LLC raised its position in United Continental Holdings by 14.6% in the 1st quarter. Penserra Capital Management LLC now owns 16,636 shares of the transportation company’s stock worth $1,175,000 after purchasing an additional 2,122 shares during the last quarter. Institutional investors own 97.69% of the company’s stock.

Several research analysts recently weighed in on UAL shares. BidaskClub cut shares of United Continental Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. ValuEngine upgraded shares of United Continental Holdings from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. Buckingham Research restated a “buy” rating and issued a $97.00 price objective on shares of United Continental Holdings in a research report on Saturday, July 22nd. UBS AG boosted their price objective on shares of United Continental Holdings from $103.00 to $109.00 and gave the stock a “buy” rating in a research report on Wednesday, July 12th. Finally, Morgan Stanley boosted their price objective on shares of United Continental Holdings from $79.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 20th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $82.35.

In other United Continental Holdings news, Director Edward Shapiro purchased 15,000 shares of the company’s stock in a transaction dated Friday, September 15th. The stock was purchased at an average price of $59.87 per share, with a total value of $898,050.00. Following the completion of the purchase, the director now owns 27,707 shares of the company’s stock, valued at $1,658,818.09. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.27% of the stock is currently owned by company insiders.

Shares of United Continental Holdings, Inc. (NYSE:UAL) traded up 0.46% during trading on Friday, hitting $58.80. 4,279,702 shares of the stock traded hands. The firm has a market capitalization of $17.89 billion, a price-to-earnings ratio of 8.12 and a beta of 1.06. United Continental Holdings, Inc. has a 1-year low of $49.28 and a 1-year high of $83.04. The firm has a 50-day moving average of $63.57 and a 200-day moving average of $71.48.

United Continental Holdings (NYSE:UAL) last released its quarterly earnings results on Tuesday, July 18th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.31 by $0.44. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.95 billion. United Continental Holdings had a net margin of 6.09% and a return on equity of 29.46%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.61 earnings per share. On average, equities analysts forecast that United Continental Holdings, Inc. will post $6.27 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “United Continental Holdings, Inc. (UAL) Shares Bought by Hanseatic Management Services Inc.” was originally posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another website, it was stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this story can be read at https://www.watchlistnews.com/united-continental-holdings-inc-ual-shares-bought-by-hanseatic-management-services-inc/1582935.html.

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.

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

Receive News & Ratings for United Continental Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Continental Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.