United Continental Holdings, Inc. (NYSE:UAL) Director Edward Shapiro acquired 15,000 shares of the firm’s stock in a transaction on Friday, September 15th. The stock was purchased at an average cost of $59.87 per share, with a total value of $898,050.00. Following 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 Securities & Exchange Commission, which is available at this hyperlink.

Shares of United Continental Holdings, Inc. (NYSE:UAL) traded down 0.98% on Tuesday, hitting $57.54. 5,329,434 shares of the company’s stock were exchanged. The stock has a market cap of $17.51 billion, a price-to-earnings ratio of 7.95 and a beta of 1.06. United Continental Holdings, Inc. has a 12-month low of $49.28 and a 12-month high of $83.04. The company’s 50-day moving average price is $63.86 and its 200 day moving average price is $71.61.

United Continental Holdings (NYSE:UAL) last issued its earnings results 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 business had revenue of $10 billion for 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 business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.61 earnings per share. On average, equities analysts predict that United Continental Holdings, Inc. will post $6.71 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently made changes to their positions in UAL. BlackRock Inc. lifted its stake in shares of United Continental Holdings by 4,642.3% in the first quarter. BlackRock Inc. now owns 22,075,033 shares of the transportation company’s stock valued at $1,559,382,000 after purchasing an additional 21,609,536 shares during the period. Janus Henderson Group PLC lifted its stake in shares of United Continental Holdings by 30,735.3% in the second quarter. Janus Henderson Group PLC now owns 6,957,062 shares of the transportation company’s stock valued at $523,519,000 after purchasing an additional 6,934,500 shares during the period. Boston Partners lifted its stake in shares of United Continental Holdings by 37.7% in the second quarter. Boston Partners now owns 4,840,050 shares of the transportation company’s stock valued at $364,214,000 after purchasing an additional 1,324,894 shares during the period. Vanguard Group Inc. lifted its stake in shares of United Continental Holdings by 4.3% in the second quarter. Vanguard Group Inc. now owns 22,706,502 shares of the transportation company’s stock valued at $1,708,664,000 after purchasing an additional 930,321 shares during the period. Finally, Parametric Portfolio Associates LLC lifted its stake in shares of United Continental Holdings by 113.5% in the second quarter. Parametric Portfolio Associates LLC now owns 1,144,832 shares of the transportation company’s stock valued at $86,149,000 after purchasing an additional 608,570 shares during the period. Hedge funds and other institutional investors own 97.69% of the company’s stock.

Several analysts have issued reports on the stock. Buckingham Research downgraded shares of United Continental Holdings from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $49.28 to $59.80 in a research note on Monday. J P Morgan Chase & Co downgraded shares of United Continental Holdings from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $84.00 to $68.00 in a research note on Friday. Barclays PLC reaffirmed a “buy” rating and set a $90.00 price target on shares of United Continental Holdings in a research note on Thursday, September 14th. Citigroup Inc. reaffirmed a “neutral” rating and set a $68.00 price target (down previously from $85.00) on shares of United Continental Holdings in a research note on Thursday, September 7th. Finally, Stephens reaffirmed an “equal weight” rating and set a $65.00 price target (down previously from $80.00) on shares of United Continental Holdings in a research note on Thursday, September 7th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $79.85.

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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