United Continental Holdings Inc (UAL) Holdings Lifted by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC raised its holdings in United Continental Holdings Inc (NYSE:UAL) by 2.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 342,742 shares of the transportation company’s stock after acquiring an additional 8,879 shares during the period. O Shaughnessy Asset Management LLC owned about 0.13% of United Continental worth $30,423,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Parallel Advisors LLC grew its holdings in shares of United Continental by 107.0% during the third quarter. Parallel Advisors LLC now owns 1,360 shares of the transportation company’s stock worth $121,000 after purchasing an additional 703 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of United Continental by 0.8% during the third quarter. Oregon Public Employees Retirement Fund now owns 110,860 shares of the transportation company’s stock worth $9,873,000 after purchasing an additional 851 shares during the last quarter. LS Investment Advisors LLC grew its holdings in shares of United Continental by 7.7% during the second quarter. LS Investment Advisors LLC now owns 12,077 shares of the transportation company’s stock worth $842,000 after purchasing an additional 865 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in shares of United Continental by 2.5% during the second quarter. State of Alaska Department of Revenue now owns 36,030 shares of the transportation company’s stock worth $2,511,000 after purchasing an additional 879 shares during the last quarter. Finally, E&G Advisors LP grew its holdings in shares of United Continental by 5.6% during the second quarter. E&G Advisors LP now owns 17,000 shares of the transportation company’s stock worth $1,185,000 after purchasing an additional 900 shares during the last quarter. Hedge funds and other institutional investors own 95.21% of the company’s stock.

Shares of UAL stock opened at $92.35 on Friday. United Continental Holdings Inc has a one year low of $56.51 and a one year high of $93.60.

United Continental (NYSE:UAL) last issued its quarterly earnings results on Tuesday, October 16th. The transportation company reported $3.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $3.07 by ($0.01). The business had revenue of $11 billion during the quarter, compared to analysts’ expectations of $10.95 billion. During the same quarter in the previous year, the business posted $2.22 earnings per share. The business’s revenue for the quarter was up 11.2% on a year-over-year basis.

UAL has been the topic of several analyst reports. Zacks Investment Research upgraded United Continental from a “hold” rating to a “buy” rating and set a $99.00 target price on the stock in a report on Monday, October 1st. Macquarie set a $91.00 target price on United Continental and gave the company a “hold” rating in a report on Monday, October 8th. Imperial Capital upped their target price on United Continental from $91.00 to $101.00 and gave the company an “inline” rating in a report on Thursday, October 18th. Buckingham Research set a $108.00 target price on United Continental and gave the company a “buy” rating in a report on Friday, September 7th. Finally, Bank of America upped their target price on United Continental from $94.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, October 10th. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. United Continental has an average rating of “Buy” and a consensus target price of $100.38.

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United Continental Company Profile

United Continental Holdings, Inc, together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2017, the company operated a fleet of 1,262 aircraft.

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

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