United Continental Holdings, Inc. (NYSE:UAL) was the target of some unusual options trading activity on Wednesday. Stock traders purchased 1,399 call options on the company. This represents an increase of approximately 115% compared to the average volume of 650 call options.

Shares of United Continental Holdings (NYSE:UAL) opened at $59.65 on Friday. The company has a current ratio of 0.60, a quick ratio of 0.53 and a debt-to-equity ratio of 1.37. The firm has a market capitalization of $17,262.63, a PE ratio of 8.15, a price-to-earnings-growth ratio of 1.51 and a beta of 1.02.

United Continental Holdings (NYSE:UAL) last posted its quarterly earnings data on Wednesday, October 18th. The transportation company reported $2.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.12 by $0.10. The business had revenue of $9.88 billion during the quarter, compared to the consensus estimate of $9.87 billion. United Continental Holdings had a net margin of 5.22% and a return on equity of 25.26%. United Continental Holdings’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.11 EPS. equities analysts predict that United Continental Holdings will post 6.29 EPS for the current year.

Several research analysts have weighed in on the stock. BidaskClub upgraded shares of United Continental Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Imperial Capital dropped their price objective on shares of United Continental Holdings from $63.00 to $57.00 and set an “in-line” rating on the stock in a research note on Friday, October 20th. Barclays PLC reiterated a “buy” rating and issued a $90.00 price objective on shares of United Continental Holdings in a research note on Thursday, September 14th. Sanford C. Bernstein reiterated a “hold” rating on shares of United Continental Holdings in a research note on Monday, August 7th. Finally, Cowen and Company reiterated a “market perform” rating and issued a $62.00 price objective (down previously from $70.00) on shares of United Continental Holdings in a research note on Friday, October 20th. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $77.63.

In related news, Director Edward Shapiro acquired 15,000 shares of the company’s stock in a transaction on Friday, September 15th. The shares were purchased at an average price of $59.87 per share, for a total transaction of $898,050.00. Following the purchase, the director now owns 27,707 shares in the company, valued at $1,658,818.09. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert A. Milton acquired 1,000 shares of the company’s stock in a transaction on Tuesday, October 24th. The stock was bought at an average price of $58.60 per share, for a total transaction of $58,600.00. Following the purchase, the director now owns 6,176 shares in the company, valued at approximately $361,913.60. The disclosure for this purchase can be found here. 0.27% of the stock is owned by insiders.

A number of institutional investors have recently modified their holdings of the business. Global X MANAGEMENT CO LLC boosted its holdings in United Continental Holdings by 13.3% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 19,674 shares of the transportation company’s stock valued at $1,198,000 after purchasing an additional 2,314 shares during the period. Hennessy Advisors Inc. boosted its holdings in United Continental Holdings by 3.7% in the 3rd quarter. Hennessy Advisors Inc. now owns 28,200 shares of the transportation company’s stock valued at $1,717,000 after purchasing an additional 1,000 shares during the period. Hodges Capital Management Inc. boosted its holdings in United Continental Holdings by 210.0% in the 3rd quarter. Hodges Capital Management Inc. now owns 48,875 shares of the transportation company’s stock valued at $2,976,000 after purchasing an additional 33,110 shares during the period. Wedge Capital Management L L P NC boosted its holdings in United Continental Holdings by 10.4% in the 3rd quarter. Wedge Capital Management L L P NC now owns 331,785 shares of the transportation company’s stock valued at $20,199,000 after purchasing an additional 31,149 shares during the period. Finally, Palisade Capital Management LLC NJ boosted its holdings in United Continental Holdings by 104.3% in the 3rd quarter. Palisade Capital Management LLC NJ now owns 11,750 shares of the transportation company’s stock valued at $715,000 after purchasing an additional 6,000 shares during the period. 97.69% of the stock is owned by hedge funds and other institutional investors.

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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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