Canada Pension Plan Investment Board Boosts Stake in United Continental Holdings, Inc. (UAL)

Canada Pension Plan Investment Board lifted its position in United Continental Holdings, Inc. (NYSE:UAL) by 78.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 766,432 shares of the transportation company’s stock after purchasing an additional 337,000 shares during the quarter. Canada Pension Plan Investment Board owned 0.25% of United Continental Holdings worth $46,660,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of UAL. Telemus Capital LLC boosted its holdings in United Continental Holdings by 0.3% during the 2nd quarter. Telemus Capital LLC now owns 2,890 shares of the transportation company’s stock valued at $217,000 after acquiring an additional 9 shares during the period. MCF Advisors LLC boosted its holdings in United Continental Holdings by 0.9% during the 2nd quarter. MCF Advisors LLC now owns 1,529 shares of the transportation company’s stock valued at $115,000 after acquiring an additional 13 shares during the period. Wetherby Asset Management Inc. boosted its holdings in United Continental Holdings by 1.5% during the 2nd quarter. Wetherby Asset Management Inc. now owns 3,271 shares of the transportation company’s stock valued at $246,000 after acquiring an additional 47 shares during the period. Tillar Wenstrup Advisors LLC boosted its holdings in United Continental Holdings by 0.3% during the 2nd quarter. Tillar Wenstrup Advisors LLC now owns 29,298 shares of the transportation company’s stock valued at $2,205,000 after acquiring an additional 94 shares during the period. Finally, Blair William & Co. IL boosted its holdings in United Continental Holdings by 2.2% during the 2nd quarter. Blair William & Co. IL now owns 4,553 shares of the transportation company’s stock valued at $343,000 after acquiring an additional 100 shares during the period. Hedge funds and other institutional investors own 97.69% of the company’s stock.

Several equities research analysts recently weighed in on the company. UBS AG increased their target price on United Continental Holdings from $103.00 to $109.00 and gave the company a “buy” rating in a report on Wednesday, July 12th. Zacks Investment Research cut United Continental Holdings from a “buy” rating to a “hold” rating in a report on Friday, August 18th. Stifel Nicolaus reiterated a “buy” rating and issued a $110.00 price objective on shares of United Continental Holdings in a report on Wednesday, September 20th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $86.00 price objective on shares of United Continental Holdings in a report on Thursday, July 13th. Finally, ValuEngine upgraded United Continental Holdings from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $77.63.

In related news, Director Edward Shapiro acquired 15,000 shares of United Continental Holdings stock in a transaction that occurred on Friday, September 15th. The stock was bought at an average price of $59.87 per share, with a total value of $898,050.00. Following the transaction, the director now directly owns 27,707 shares in the company, valued at $1,658,818.09. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert A. Milton acquired 1,000 shares of United Continental Holdings stock in a transaction that occurred on Tuesday, October 24th. The shares were bought at an average cost of $58.60 per share, with a total value of $58,600.00. Following the transaction, the director now owns 6,176 shares in the company, valued at $361,913.60. The disclosure for this purchase can be found here. 0.27% of the stock is owned by company insiders.

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United Continental Holdings, Inc. (NYSE UAL) opened at $59.65 on Friday. United Continental Holdings, Inc. has a 52-week low of $55.75 and a 52-week high of $83.04. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.53 and a current ratio of 0.60. The firm has a market capitalization of $17,671.43, a P/E ratio of 8.34, a P/E/G ratio of 1.54 and a beta of 1.02.

United Continental Holdings (NYSE:UAL) last posted its quarterly earnings data on Wednesday, October 18th. The transportation company reported $2.22 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.12 by $0.10. United Continental Holdings had a return on equity of 25.26% and a net margin of 5.22%. The company had revenue of $9.88 billion during the quarter, compared to analyst estimates of $9.87 billion. During the same quarter last year, the company earned $3.11 EPS. The firm’s revenue for the quarter was down .4% on a year-over-year basis. equities analysts forecast that United Continental Holdings, Inc. will post 6.29 earnings per share for the current 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.

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Institutional Ownership by Quarter for United Continental Holdings (NYSE:UAL)

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