United Continental Holdings, Inc. (UAL) Holdings Cut by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale trimmed its stake in shares of United Continental Holdings, Inc. (NYSE:UAL) by 32.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,656 shares of the transportation company’s stock after selling 2,663 shares during the period. DekaBank Deutsche Girozentrale’s holdings in United Continental were worth $396,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of UAL. Vanguard Group Inc. lifted its stake in shares of United Continental by 4.3% in the second quarter. Vanguard Group Inc. now owns 22,706,502 shares of the transportation company’s stock worth $1,708,664,000 after buying an additional 930,321 shares in the last quarter. Janus Henderson Group PLC raised its stake in United Continental by 30,735.3% during the second quarter. Janus Henderson Group PLC now owns 6,957,062 shares of the transportation company’s stock worth $523,519,000 after purchasing an additional 6,934,500 shares during the period. Boston Partners raised its stake in United Continental by 37.7% during the second quarter. Boston Partners now owns 4,840,050 shares of the transportation company’s stock worth $364,214,000 after purchasing an additional 1,324,894 shares during the period. Diamond Hill Capital Management Inc. raised its stake in United Continental by 33.2% during the third quarter. Diamond Hill Capital Management Inc. now owns 2,637,733 shares of the transportation company’s stock worth $160,585,000 after purchasing an additional 656,990 shares during the period. Finally, Assenagon Asset Management S.A. purchased a new position in United Continental during the third quarter worth about $121,305,000. 97.92% of the stock is currently owned by institutional investors and hedge funds.

Shares of United Continental Holdings, Inc. (UAL) traded down $0.26 on Monday, hitting $59.43. 1,196,600 shares of the company’s stock were exchanged, compared to its average volume of 4,378,069. United Continental Holdings, Inc. has a 1-year low of $56.51 and a 1-year high of $83.04. The firm has a market capitalization of $17,610.00, a PE ratio of 8.31, a PEG ratio of 1.53 and a beta of 1.02. The company has a current ratio of 0.60, a quick ratio of 0.53 and a debt-to-equity ratio of 1.37.

United Continental (NYSE:UAL) last announced its quarterly earnings data on Wednesday, October 18th. The transportation company reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.12 by $0.10. The firm had revenue of $9.88 billion during the quarter, compared to analysts’ expectations of $9.87 billion. United Continental had a net margin of 5.22% and a return on equity of 25.26%. The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.11 earnings per share. equities analysts forecast that United Continental Holdings, Inc. will post 6.33 earnings per share for the current year.

A number of equities analysts have commented on UAL shares. Barclays PLC reaffirmed a “buy” rating and set a $90.00 target price on shares of United Continental in a research note on Thursday, September 14th. Stifel Nicolaus reaffirmed a “buy” rating and set a $110.00 target price on shares of United Continental in a research note on Wednesday, September 20th. Bank of America Corporation reaffirmed a “buy” rating and set a $84.00 target price (down from $85.00) on shares of United Continental in a research note on Tuesday, October 10th. Stephens reaffirmed an “equal weight” rating and set a $65.00 target price (down from $80.00) on shares of United Continental in a research note on Thursday, September 7th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $71.00 target price (down from $72.00) on shares of United Continental in a research note on Friday, September 1st. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $77.63.

In other United Continental news, Director Edward Shapiro acquired 15,000 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The stock was purchased at an average price of $59.87 per share, for a total transaction of $898,050.00. Following the completion of the acquisition, the director now owns 27,707 shares of the company’s stock, valued at approximately $1,658,818.09. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert A. Milton acquired 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 24th. The stock was acquired at an average price of $58.60 per share, with a total value of $58,600.00. Following the acquisition, the director now directly owns 6,176 shares of the company’s stock, valued at approximately $361,913.60. The disclosure for this purchase can be found here. Insiders own 0.27% of the company’s stock.

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United Continental 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.

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

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