United Continental Holdings Inc (UAL) : Deltec Asset Management added new position in United Continental Holdings Inc during the most recent quarter end. The investment management firm now holds 33,005 shares of United Continental Holdings Inc which is valued at $1,565,757 , the company said in a statement filed on Jul 26, 2016 with the SEC.United Continental Holdings Inc makes up approximately 0.38% of Deltec Asset Management’s portfolio.
Other Hedge Funds, Including , Retirement Systems Of Alabama boosted its stake in UAL in the latest quarter, The investment management firm added 241,462 additional shares and now holds a total of 421,643 shares of United Continental Holdings Inc which is valued at $20,002,744. United Continental Holdings Inc makes up approx 0.11% of Retirement Systems Of Alabama’s portfolio.Rockefeller Financial Services Inc reduced its stake in UAL by selling 21,254 shares or 1.1% in the most recent quarter. The Hedge Fund company now holds 1,906,930 shares of UAL which is valued at $90,712,660. United Continental Holdings Inc makes up approx 1.75% of Rockefeller Financial Services Inc’s portfolio.Capstone Asset Management Co reduced its stake in UAL by selling 3,843 shares or 10.15% in the most recent quarter. The Hedge Fund company now holds 34,002 shares of UAL which is valued at $1,559,332. United Continental Holdings Inc makes up approx 0.05% of Capstone Asset Management Co’s portfolio. Central Bank Trust Co sold out all of its stake in UAL during the most recent quarter. The investment firm sold 71 shares of UAL which is valued $3,256.Chevy Chase Trust Holdings reduced its stake in UAL by selling 15,002 shares or 4.94% in the most recent quarter. The Hedge Fund company now holds 288,584 shares of UAL which is valued at $11,970,464. United Continental Holdings Inc makes up approx 0.07% of Chevy Chase Trust Holdings’s portfolio.
United Continental Holdings Inc closed down -0.51 points or -1.08% at $46.89 with 34,49,756 shares getting traded on Friday. Post opening the session at $47.49, the shares hit an intraday low of $46.89 and an intraday high of $48.1099 and the price fluctuated in this range throughout the day.Shares ended Friday 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. 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 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.