United Continental Holdings, Inc. (NYSE:UAL) was the recipient of unusually large options trading activity on Thursday. Stock investors purchased 1,399 call options on the stock. This represents an increase of approximately 115% compared to the average volume of 650 call options.

Several research analysts have recently issued reports on the stock. UBS AG restated a “buy” rating and issued a $103.00 target price (up previously from $95.00) on shares of United Continental Holdings in a report on Friday, June 9th. Zacks Investment Research cut shares of United Continental Holdings from a “buy” rating to a “hold” rating in a report on Friday, August 18th. Sanford C. Bernstein restated a “market perform” rating and issued a $86.00 target price on shares of United Continental Holdings in a report on Thursday, July 13th. Bank of America Corporation cut their target price on shares of United Continental Holdings from $105.00 to $85.00 and set a “buy” rating on the stock in a report on Friday, June 30th. Finally, ValuEngine upgraded shares of United Continental Holdings from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $81.92.

United Continental Holdings (NYSE:UAL) opened at 59.80 on Friday. The firm’s 50-day moving average price is $64.14 and its 200 day moving average price is $71.77. United Continental Holdings has a 12 month low of $49.28 and a 12 month high of $83.04. The stock has a market cap of $18.19 billion, a price-to-earnings ratio of 8.26 and a beta of 1.06.

United Continental Holdings (NYSE:UAL) last posted its quarterly earnings results on Tuesday, July 18th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.44. United Continental Holdings had a return on equity of 29.46% and a net margin of 6.09%. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter in the prior year, the company earned $2.61 EPS. The business’s revenue was up 6.4% compared to the same quarter last year. On average, analysts anticipate that United Continental Holdings will post $6.71 earnings per share for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of United Continental Holdings by 4.3% during the 2nd quarter. Vanguard Group Inc. now owns 22,706,502 shares of the transportation company’s stock worth $1,708,664,000 after buying an additional 930,321 shares in the last quarter. BlackRock Inc. grew its position in shares of United Continental Holdings by 4,642.3% during the 1st quarter. BlackRock Inc. now owns 22,075,033 shares of the transportation company’s stock worth $1,559,382,000 after buying an additional 21,609,536 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of United Continental Holdings by 30,735.3% during the 2nd quarter. Janus Henderson Group PLC now owns 6,957,062 shares of the transportation company’s stock worth $523,519,000 after buying an additional 6,934,500 shares in the last quarter. AQR Capital Management LLC grew its position in shares of United Continental Holdings by 1.6% during the 1st quarter. AQR Capital Management LLC now owns 6,889,017 shares of the transportation company’s stock worth $486,640,000 after buying an additional 110,314 shares in the last quarter. Finally, Boston Partners grew its position in shares of United Continental Holdings by 37.7% during the 2nd quarter. Boston Partners now owns 4,840,050 shares of the transportation company’s stock worth $364,214,000 after buying an additional 1,324,894 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

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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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