American Assets Inc adds United Continental Holdings Inc (UAL) to its portfolio

United Continental Holdings Inc (UAL) : American Assets Inc added new position in United Continental Holdings Inc during the most recent quarter end. The investment management firm now holds 10,000 shares of United Continental Holdings Inc which is valued at $449,000 , the company said in a statement filed on Aug 1, 2016 with the SEC.United Continental Holdings Inc makes up approximately 0.14% of American Assets Inc’s portfolio.

Other Hedge Funds, Including , Trimtabs Asset Management boosted its stake in UAL in the latest quarter, The investment management firm added 3,740 additional shares and now holds a total of 30,240 shares of United Continental Holdings Inc which is valued at $1,357,776. United Continental Holdings Inc makes up approx 0.85% of Trimtabs Asset Management’s portfolio. Tarbox Group added UAL to its portfolio by purchasing 15 company shares during the most recent quarter which is valued at $703.Louisiana State Employees Retirement System reduced its stake in UAL by selling 2,000 shares or 8.33% in the most recent quarter. The Hedge Fund company now holds 22,000 shares of UAL which is valued at $1,043,680. United Continental Holdings Inc makes up approx 0.05% of Louisiana State Employees Retirement System’s portfolio.Oakbrook Investments boosted its stake in UAL in the latest quarter, The investment management firm added 3,000 additional shares and now holds a total of 37,750 shares of United Continental Holdings Inc which is valued at $1,795,768. United Continental Holdings Inc makes up approx 0.10% of Oakbrook Investments’s portfolio. Raymond James Trust N.a. sold out all of its stake in UAL during the most recent quarter. The investment firm sold 3,733 shares of UAL which is valued $154,845.

United Continental Holdings Inc opened for trading at $44.94 and hit $45.96 on the upside on Thursday, eventually ending the session at $45.9, with a gain of 2.23% or 1 points. The heightened volatility saw the trading volume jump to 38,79,129 shares. Company has a market cap of $14,799 M.

On the company’s financial health, United Continental Holdings Inc reported $2.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $2.56. The company had revenue of $9396.00 million for the quarter, compared to analysts expectations of $9390.44 million. The company’s revenue was down -5.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $3.31 EPS.

Many Wall Street Analysts have commented on United Continental Holdings Inc. United Continental Holdings Inc was Downgraded by Credit Suisse to ” Neutral” on Jul 6, 2016.

United Continental Holdings Inc. (UAL) is a holding company and its principal wholly owned subsidiary is United Air Lines Inc. (United). The Company transports people and cargo through its mainline operations which use jet aircraft with at least 118 seats and its regional 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 5055 flights a day to 373 airports across six continents from the Company’s hubs at Newark Liberty International Airport Chicago O’Hare International Airport Denver International Airport George Bush Intercontinental Airport Los Angeles International Airport A.B. Won Pat International Airport San Francisco International Airport and Washington Dulles International Airport. It has contractual relationships with a range of regional carriers to provide regional jet and turboprop service branded as United Express.

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