United Continental Holdings Inc (UAL) : At Bancorp reduced its stake in United Continental Holdings Inc by 28.0% during the most recent quarter end. The investment management company now holds a total of 96,390 shares of United Continental Holdings Inc which is valued at $5,175,179 after selling 37,485 shares in United Continental Holdings Inc , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.United Continental Holdings Inc makes up approximately 0.72% of At Bancorp’s portfolio.
Other Hedge Funds, Including , Premier Asset Managment reduced its stake in UAL by selling 3,525 shares or 1.58% in the most recent quarter. The Hedge Fund company now holds 219,990 shares of UAL which is valued at $11,811,263. United Continental Holdings Inc makes up approx 3.01% of Premier Asset Managment’s portfolio. Fox Run Management L.l.c. added UAL to its portfolio by purchasing 9,900 company shares during the most recent quarter which is valued at $529,848. United Continental Holdings Inc makes up approx 0.32% of Fox Run Management L.l.c.’s portfolio. Hilton Capital Management added UAL to its portfolio by purchasing 4,350 company shares during the most recent quarter which is valued at $235,770. United Continental Holdings Inc makes up approx 0.06% of Hilton Capital Management’s portfolio.Simplex Trading reduced its stake in UAL by selling 36,925 shares or 57.59% in the most recent quarter. The Hedge Fund company now holds 27,188 shares of UAL which is valued at $1,436,070. United Continental Holdings Inc makes up approx 0.19% of Simplex Trading’s portfolio.
United Continental Holdings Inc closed down -0.68 points or -1.25% at $53.52 with 59,37,679 shares getting traded on Tuesday. Post opening the session at $54.81, the shares hit an intraday low of $53.18 and an intraday high of $54.94 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
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. Company shares were Reiterated by Imperial Capital on Oct 12, 2016 to “Outperform”, Firm has raised the Price Target to $ 63 from a previous price target of $57 .Bernstein Initiated United Continental Holdings Inc on Oct 11, 2016 to “Mkt Perform”, Price Target of the shares are set at $55.United Continental Holdings Inc was Upgraded by Raymond James to ” Outperform” on Aug 30, 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 Companys hubs at Newark Liberty International Airport Chicago OHare 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.