Dimensional Fund Advisors LP boosted its position in shares of United Continental Holdings, Inc. (NYSE:UAL) by 18.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,176,413 shares of the company’s stock after buying an additional 487,952 shares during the period. Dimensional Fund Advisors LP’s holdings in United Continental Holdings were worth $231,516,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of UAL. Nordea Investment Management AB raised its stake in United Continental Holdings by 3.4% in the second quarter. Nordea Investment Management AB now owns 5,748 shares of the company’s stock worth $236,000 after buying an additional 190 shares in the last quarter. Wedge Capital Management L L P NC purchased a new stake in United Continental Holdings during the second quarter worth approximately $522,000. Aberdeen Asset Management PLC UK raised its stake in United Continental Holdings by 0.5% in the second quarter. Aberdeen Asset Management PLC UK now owns 225,865 shares of the company’s stock worth $9,269,000 after buying an additional 1,218 shares in the last quarter. TrimTabs Asset Management LLC raised its stake in United Continental Holdings by 14.1% in the second quarter. TrimTabs Asset Management LLC now owns 30,240 shares of the company’s stock worth $1,241,000 after buying an additional 3,740 shares in the last quarter. Finally, American Assets Inc. purchased a new stake in United Continental Holdings during the second quarter worth approximately $410,000. 92.49% of the stock is currently owned by institutional investors.
United Continental Holdings, Inc. (NYSE:UAL) traded up 1.71% during trading on Monday, reaching $73.84. 3,282,945 shares of the company traded hands. The company’s 50-day moving average price is $73.11 and its 200 day moving average price is $60.57. United Continental Holdings, Inc. has a 52 week low of $37.41 and a 52 week high of $76.80. The firm has a market capitalization of $23.43 billion, a price-to-earnings ratio of 10.78 and a beta of 0.58.
United Continental Holdings (NYSE:UAL) last posted its quarterly earnings results on Tuesday, January 17th. The company reported $1.78 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.73 by $0.05. The company earned $9.05 billion during the quarter, compared to analyst estimates of $8.89 billion. United Continental Holdings had a net margin of 6.19% and a return on equity of 35.62%. The firm’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.54 earnings per share. On average, equities research analysts expect that United Continental Holdings, Inc. will post $6.76 EPS for the current year.
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A number of equities research analysts have recently commented on UAL shares. Imperial Capital upped their price objective on shares of United Continental Holdings from $63.00 to $65.00 and gave the company an “outperform” rating in a research note on Tuesday, October 18th. Stifel Nicolaus cut their target price on shares of United Continental Holdings from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Monday, October 24th. Standpoint Research lowered shares of United Continental Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, November 10th. Cowen and Company increased their target price on shares of United Continental Holdings from $60.00 to $71.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 16th. Finally, Bank of America Corporation reissued a “hold” rating on shares of United Continental Holdings in a research note on Wednesday, November 16th. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. United Continental Holdings currently has a consensus rating of “Buy” and an average price target of $68.77.
In other United Continental Holdings news, VP Chris Kenny sold 3,824 shares of the stock in a transaction dated Thursday, November 17th. The shares were sold at an average price of $67.39, for a total transaction of $257,699.36. Following the completion of the transaction, the vice president now owns 10,179 shares in the company, valued at $685,962.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Walter Isaacson sold 2,638 shares of the stock in a transaction dated Friday, December 9th. The stock was sold at an average price of $75.80, for a total transaction of $199,960.40. Following the transaction, the director now owns 5,000 shares of the company’s stock, valued at approximately $379,000. The disclosure for this sale can be found here. 0.39% of the stock is currently owned by corporate insiders.
United Continental Holdings Company Profile
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 an average of approximately 5,000 flights a day to over 340 airports across six continents 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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