Strategic Advisors LLC Sells 838 Shares of United Continental Holdings Inc (UAL)

Strategic Advisors LLC lessened its stake in United Continental Holdings Inc (NYSE:UAL) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,682 shares of the transportation company’s stock after selling 838 shares during the quarter. Strategic Advisors LLC’s holdings in United Continental were worth $1,461,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. People s United Financial Inc. lifted its holdings in shares of United Continental by 3.1% in the second quarter. People s United Financial Inc. now owns 14,127 shares of the transportation company’s stock valued at $1,063,000 after purchasing an additional 425 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of United Continental by 9.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 5,889 shares of the transportation company’s stock valued at $443,000 after purchasing an additional 508 shares in the last quarter. LS Investment Advisors LLC lifted its holdings in shares of United Continental by 10.4% in the third quarter. LS Investment Advisors LLC now owns 8,976 shares of the transportation company’s stock valued at $546,000 after purchasing an additional 848 shares in the last quarter. Hanseatic Management Services Inc. lifted its holdings in shares of United Continental by 7.7% in the second quarter. Hanseatic Management Services Inc. now owns 13,852 shares of the transportation company’s stock valued at $1,042,000 after purchasing an additional 996 shares in the last quarter. Finally, Hennessy Advisors Inc. lifted its holdings in shares of United Continental by 3.7% in the third 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 in the last quarter. Institutional investors own 95.70% of the company’s stock.

Shares of United Continental Holdings Inc (UAL) traded up $1.95 during trading on Tuesday, reaching $78.40. The company had a trading volume of 4,479,100 shares, compared to its average volume of 4,743,033. The company has a market capitalization of $23,230.00, a price-to-earnings ratio of 11.35 and a beta of 1.05. United Continental Holdings Inc has a 1-year low of $56.51 and a 1-year high of $83.04. The company has a quick ratio of 0.53, a current ratio of 0.60 and a debt-to-equity ratio of 1.37.

United Continental (NYSE:UAL) last released its earnings results on Wednesday, October 18th. The transportation company reported $2.22 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.12 by $0.10. United Continental had a return on equity of 25.26% and a net margin of 5.22%. The business had revenue of $9.88 billion during the quarter, compared to the consensus estimate of $9.87 billion. During the same period last year, the business posted $3.11 earnings per share. The business’s revenue for the quarter was down .4% on a year-over-year basis. research analysts anticipate that United Continental Holdings Inc will post 6.66 EPS for the current fiscal year.

United Continental announced that its board has initiated a share buyback program on Thursday, December 7th that permits the company to repurchase $3.00 billion in shares. This repurchase authorization permits the transportation company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

In other news, Director Robert A. Milton bought 1,000 shares of the firm’s stock in a transaction on Tuesday, October 24th. The stock was acquired at an average cost of $58.60 per share, with a total value of $58,600.00. Following the completion of the transaction, the director now directly owns 6,176 shares of the company’s stock, valued at approximately $361,913.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.27% of the company’s stock.

UAL has been the topic of a number of recent research reports. TheStreet upgraded United Continental from a “c+” rating to a “b” rating in a report on Thursday, December 7th. Stifel Nicolaus restated a “buy” rating and issued a $100.00 target price (down previously from $110.00) on shares of United Continental in a report on Friday, October 20th. Evercore ISI upgraded United Continental from an “in-line” rating to an “outperform” rating and set a $68.00 target price on the stock in a report on Wednesday, October 25th. Imperial Capital lifted their price target on United Continental from $57.00 to $64.00 and gave the stock an “in-line” rating in a report on Wednesday, December 13th. Finally, Zacks Investment Research upgraded United Continental from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $81.69.

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

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