Tradewinds Capital Management LLC maintained its position in shares of United Continental Holdings Inc. (NYSE:UAL) during the second quarter, Holdings Channel reports. The firm owned 3,050 shares of the company’s stock at the end of the second quarter. Tradewinds Capital Management LLC’s holdings in United Continental Holdings were worth $125,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. Skylands Capital LLC purchased a new position in shares of United Continental Holdings during the second quarter valued at approximately $205,000. Nordea Investment Management AB increased its position in shares of United Continental Holdings by 3.4% in the second quarter. Nordea Investment Management AB now owns 5,748 shares of the company’s stock valued at $236,000 after buying an additional 190 shares during the last quarter. Financial Architects Inc increased its position in shares of United Continental Holdings by 19,900.0% in the second quarter. Financial Architects Inc now owns 5,800 shares of the company’s stock valued at $238,000 after buying an additional 5,771 shares during the last quarter. Conning Inc. increased its position in shares of United Continental Holdings by 2.0% in the second quarter. Conning Inc. now owns 7,610 shares of the company’s stock valued at $312,000 after buying an additional 150 shares during the last quarter. Finally, BB&T Securities LLC bought a new position in shares of United Continental Holdings during the first quarter valued at $482,000. 93.39% of the stock is owned by institutional investors and hedge funds.
United Continental Holdings Inc. (NYSE:UAL) traded down 0.15% on Monday, reaching $53.12. The company had a trading volume of 5,258,489 shares. United Continental Holdings Inc. has a 1-year low of $37.41 and a 1-year high of $61.87. The stock has a market capitalization of $17.13 billion, a P/E ratio of 2.90 and a beta of 0.53. The stock’s 50 day moving average is $51.72 and its 200-day moving average is $48.38.
United Continental Holdings (NYSE:UAL) last released its quarterly earnings results on Tuesday, July 19th. The company reported $2.61 EPS for the quarter, beating analysts’ consensus estimates of $2.44 by $0.17. United Continental Holdings had a return on equity of 47.48% and a net margin of 17.71%. The company earned $9.40 billion during the quarter, compared to analysts’ expectations of $9.36 billion. During the same period last year, the business posted $3.31 earnings per share. On average, equities analysts predict that United Continental Holdings Inc. will post $7.98 EPS for the current fiscal year.
UAL has been the subject of several analyst reports. Vetr upgraded United Continental Holdings from a “hold” rating to a “strong-buy” rating and set a $56.33 price target for the company in a report on Monday, August 29th. Credit Suisse Group AG set a $47.00 price target on United Continental Holdings and gave the company a “hold” rating in a report on Tuesday, September 13th. Cowen and Company restated an “outperform” rating and set a $60.00 price target on shares of United Continental Holdings in a report on Wednesday, August 31st. Standpoint Research initiated coverage on United Continental Holdings in a report on Thursday, August 25th. They set a “buy” rating and a $70.00 price target for the company. Finally, Bank of America Corp. restated a “hold” rating and set a $52.00 price target on shares of United Continental Holdings in a report on Wednesday, July 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. United Continental Holdings presently has an average rating of “Buy” and a consensus price target of $63.05.
In other United Continental Holdings news, CFO Andrew C. Levy purchased 15,000 shares of the firm’s stock in a transaction on Friday, September 2nd. The stock was bought at an average cost of $50.96 per share, for a total transaction of $764,400.00. Following the completion of the purchase, the chief financial officer now owns 20,791 shares in the company, valued at approximately $1,059,509.36. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.39% of the stock is owned by company insiders.
United Continental Holdings 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 an average of approximately 5,000 flights a day to over 340 airports across six continents 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.