139,231 Shares in United Continental Holdings, Inc. (UAL) Acquired by Stevens Capital Management LP

Stevens Capital Management LP purchased a new stake in shares of United Continental Holdings, Inc. (NYSE:UAL) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 139,231 shares of the transportation company’s stock, valued at approximately $10,477,000.

Other large investors have also recently modified their holdings of the company. MCF Advisors LLC grew its stake in United Continental Holdings by 0.9% in the 2nd quarter. MCF Advisors LLC now owns 1,529 shares of the transportation company’s stock worth $115,000 after acquiring an additional 13 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in United Continental Holdings in the 1st quarter worth about $122,000. FNY Partners Fund LP grew its stake in United Continental Holdings by 2,073.9% in the 1st quarter. FNY Partners Fund LP now owns 2,000 shares of the transportation company’s stock worth $141,000 after acquiring an additional 1,908 shares in the last quarter. TrimTabs Asset Management LLC grew its stake in United Continental Holdings by 88.9% in the 1st quarter. TrimTabs Asset Management LLC now owns 2,074 shares of the transportation company’s stock worth $147,000 after acquiring an additional 976 shares in the last quarter. Finally, Captrust Financial Advisors bought a new position in United Continental Holdings in the 2nd quarter worth about $181,000. Institutional investors own 97.70% of the company’s stock.

A number of equities analysts have commented on UAL shares. UBS AG upped their target price on shares of United Continental Holdings from $103.00 to $109.00 and gave the stock a “buy” rating in a research note on Wednesday, July 12th. Sanford C. Bernstein restated a “market perform” rating and issued a $86.00 target price on shares of United Continental Holdings in a research note on Thursday, July 13th. Morgan Stanley restated an “equal weight” rating and issued a $71.00 target price (down from $72.00) on shares of United Continental Holdings in a research note on Friday, September 1st. Stephens restated an “equal weight” rating and issued a $65.00 target price (down from $80.00) on shares of United Continental Holdings in a research note on Thursday, September 7th. Finally, Bank of America Corporation dropped their target price on shares of United Continental Holdings from $105.00 to $85.00 and set a “buy” rating on the stock in a research note on Friday, June 30th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $81.92.

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United Continental Holdings, Inc. (NYSE:UAL) traded down 2.37% during midday trading on Friday, reaching $59.80. 10,105,064 shares of the company were exchanged. The firm has a 50-day moving average price of $64.14 and a 200-day moving average price of $71.77. United Continental Holdings, Inc. has a 52 week low of $49.28 and a 52 week high of $83.04. The company has a market capitalization of $18.19 billion, a PE ratio of 8.26 and a beta of 1.06. United Continental Holdings also saw unusually large options trading activity on Thursday. Traders bought 1,399 call options on the stock. This represents an increase of approximately 115% compared to the average daily volume of 650 call options.

United Continental Holdings (NYSE:UAL) last posted its quarterly earnings results on Tuesday, July 18th. The transportation company reported $2.75 EPS for the quarter, topping the consensus estimate of $2.31 by $0.44. United Continental Holdings had a net margin of 6.09% and a return on equity of 29.46%. The company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the previous year, the business posted $2.61 EPS. The firm’s revenue was up 6.4% on a year-over-year basis. Equities research analysts anticipate that United Continental Holdings, Inc. will post $6.71 earnings per share for the current fiscal year.

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 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 Holdings (NYSE:UAL)

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