Mutual of America Capital Management LLC raised its stake in United Continental Holdings Inc (NYSE:UAL) by 2.5% during the fourth quarter, Holdings Channel reports. The fund owned 31,567 shares of the transportation company’s stock after purchasing an additional 780 shares during the quarter. Mutual of America Capital Management LLC’s holdings in United Continental were worth $2,128,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Raymond James Financial Services Advisors Inc. increased its holdings in United Continental by 9.4% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 5,889 shares of the transportation company’s stock valued at $443,000 after acquiring an additional 508 shares during the last quarter. LS Investment Advisors LLC increased its holdings in United Continental by 10.4% in the 3rd quarter. LS Investment Advisors LLC now owns 8,976 shares of the transportation company’s stock valued at $546,000 after acquiring an additional 848 shares during the last quarter. Hennessy Advisors Inc. increased its holdings in United Continental by 3.7% in the 3rd quarter. Hennessy Advisors Inc. now owns 28,200 shares of the transportation company’s stock valued at $1,717,000 after acquiring an additional 1,000 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in United Continental by 1.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 75,256 shares of the transportation company’s stock valued at $5,072,000 after acquiring an additional 1,115 shares during the last quarter. Finally, PGGM Investments increased its holdings in United Continental by 2.3% in the 3rd quarter. PGGM Investments now owns 61,803 shares of the transportation company’s stock valued at $3,763,000 after acquiring an additional 1,391 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

A number of analysts have issued reports on UAL shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of United Continental in a report on Wednesday, January 24th. Bank of America lifted their price target on shares of United Continental from $80.00 to $83.00 and gave the company a “buy” rating in a report on Wednesday, January 24th. Citigroup lifted their price target on shares of United Continental from $75.00 to $76.00 and gave the company a “neutral” rating in a report on Thursday, October 19th. ValuEngine downgraded shares of United Continental from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Buckingham Research upgraded shares of United Continental from a “neutral” rating to a “buy” rating and lifted their price target for the company from $65.00 to $81.00 in a report on Tuesday, December 19th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $83.47.

Shares of United Continental Holdings Inc (NYSE:UAL) opened at $64.14 on Tuesday. United Continental Holdings Inc has a fifty-two week low of $56.51 and a fifty-two week high of $83.04. The company has a quick ratio of 0.53, a current ratio of 0.60 and a debt-to-equity ratio of 1.37. The firm has a market cap of $19,000.00, a PE ratio of 9.07 and a beta of 1.02.

United Continental (NYSE:UAL) last posted its earnings results on Tuesday, January 23rd. The transportation company reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.45. United Continental had a net margin of 5.65% and a return on equity of 23.43%. The firm had revenue of $9.44 billion for the quarter, compared to the consensus estimate of $9.41 billion. During the same period in the previous year, the firm posted $1.78 EPS. The business’s quarterly revenue was up 4.3% on a year-over-year basis. research analysts anticipate that United Continental Holdings Inc will post 7.43 earnings per share for the current year.

United Continental declared that its Board of Directors has approved a stock repurchase plan on Thursday, December 7th that permits the company to buyback $3.00 billion in outstanding shares. This buyback authorization permits the transportation company to purchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

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United Continental 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 (NYSE:UAL)

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