Brokerages Set United Continental Holdings Inc (UAL) PT at $81.70

Lloyd Doyle
February 24, 2018

This buyback authorization authorizes the transportation company to purchase shares of its stock through open market purchases. The institutional investor held 70,360 shares of the transportation company at the end of 2017Q3, valued at $4.28M, down from 280,794 at the end of the previous reported quarter. Calculating the market cap is easy. The stock decreased 0.03% or $0.015 during the last trading session, reaching $44.045. About 2.53M shares traded. Deltec Asset Management LLC bought a new position in United Continental in the 4th quarter worth about $203,000. Harris Corporation (NYSE:HRS) has risen 39.09% since February 22, 2017 and is uptrending. It has outperformed by 60.49% the S&P500.

Michael Doheny increased its stake in Sunopta Inc (STKL) by 32.01% based on its latest 2017Q3 regulatory filing with the SEC. Mutual of America Capital Management LLC now owns 31,567 shares of the transportation company's stock valued at $2,128,000 after buying an additional 780 shares during the last quarter. The institutional investor held 6.35 million shares of the prepackaged software company at the end of 2017Q3, valued at $307.01M, down from 6.39M at the end of the previous reported quarter. Arrow Financial Corp who had been investing in Harris Corp for a number of months, seems to be bullish on the $18.78 billion market cap company. The stock decreased 0.74% or $4.03 during the last trading session, reaching $539.53. At one point in the past year, the shares traded as low as $11.48 but has recovered 13.84% since then. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since February 23, 2017 and is uptrending. It has outperformed by 20.16% the S&P500. Raymond James Financial Services Advisors Inc. increased its holdings in United Continental by 9.4% in the second quarter. Therefore 52% are positive. The firm earned "Outperform" rating on Tuesday, April 12 by Credit Suisse. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of United Continental in a research note on Wednesday, January 24th.

United Continental declared that its board has authorized a stock buyback program on Thursday, December 7th that authorizes the company to buyback $3.00 billion in outstanding shares. The firm has "Neutral" rating by JP Morgan given on Friday, September 15. (NYSE:UAL) rating on Wednesday, January 24. As per Monday, November 13, the company rating was maintained by Morgan Stanley. (NYSE:UAL) has "Buy" rating given on Tuesday, December 19 by Buckingham Research.

Among 18 analysts covering BlackRock (NYSE:BLK), 12 have Buy rating, 0 Sell and 6 Hold. As per Wednesday, January 10, the company rating was upgraded by Citigroup. TheStreet raised shares of United Continental from a "c+" rating to a "b" rating in a research note on Thursday, December 7th. United Continental had 97 analyst reports since July 24, 2015 according to SRatingsIntel. (NYSE:UAL) to report earnings on April, 16. UAL's profit will be $29.63 million for 167.50 P/E if the $0.10 EPS becomes a reality.

State Of Tennessee Treasury Department, which manages about $19.68B US Long portfolio, upped its stake in Cabot Oil & Gas Corp (NYSE:COG) by 219,685 shares to 651,436 shares, valued at $17.43 million in 2017Q3, according to the filing.

Investors sentiment decreased to 0.71 in Q3 2017. Its up 0.06, from 0.93 in 2017Q2.

Several large investors have recently bought and sold shares of the business. The transportation company reported $1.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.95 by $0.45. (NYSE:BLK). Garde holds 0.26% or 3,011 shares in its portfolio. (NASDAQ:ALXN). Intact Investment Mgmt reported 5,100 shares.

Want to see what other hedge funds are holding UAL? Tower Cap Ltd Liability Corp (Trc) holds 0% of its portfolio in Harris Corporation (NYSE:HRS) for 115 shares. (NYSE:UAL) for 21,885 shares. United Continental Holdings Inc has a 12 month low of $56.51 and a 12 month high of $83.04. (NYSE:UAL). Qs Invsts Ltd Liability owns 23,380 shares. Cambridge Investment Research Advisors Inc. increased its position in shares of United Continental by 86.9% during the 4th quarter.

United Continental Holdings Inc (NYSE:UAL) has received an average rating of "Hold" from the twenty-three brokerages that are presently covering the company, reports. (NYSE:UAL). Pinebridge Invests Limited Partnership stated it has 0.24% in United Continental Holdings, Inc. Finally, Hennessy Advisors Inc. grew its stake in shares of United Continental by 3.7% during the third quarter. RBC Capital Markets initiated the stock with "Outperform" rating in Wednesday, July 13 report.

Investors sentiment increased to 1.13 in Q3 2017. The company has a quick ratio of 0.53, a current ratio of 0.60 and a debt-to-equity ratio of 1.37. 122 funds opened positions while 519 raised stakes. Assetmark holds 0.01% or 25,775 shares. Nikko Asset Mgmt Americas, a New York-based fund reported 1,600 shares. Hourglass Cap Ltd Liability reported 1.06% stake. Segall Bryant And Hamill Ltd Liability reported 0.01% of its portfolio in Humana Inc. Paloma Prtnrs Management holds 98,016 shares or 0.08% of its portfolio. The France-based Credit Agricole S A has invested 0% in SunOpta Inc. (NASDAQ:ALXN). Great West Life Assurance Can has invested 0.06% in Alexion Pharmaceuticals, Inc. The insider CHANDLER MARK D sold 65,000 shares worth $2.11M. Huntington Bankshares holds 80 shares or 0% of its portfolio. Deutsche Retail Bank Ag reported 766,908 shares. Pub Employees Retirement System Of Ohio holds 0.11% of its portfolio in Alexion Pharmaceuticals, Inc. (NASDAQ:STKL) for 54,573 shares. Ifc Fl reported 448 shares. Eventide Asset Mgmt Limited Liability Company, Massachusetts-based fund reported 3.89M shares. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the stock. Therefore 75% are positive.

A number of equities analysts recently issued reports on the stock. Barclays Capital maintained Oracle Corporation (NYSE:ORCL) rating on Friday, September 15. The firm has "Outperform" rating by William Blair given on Tuesday, March 7. On Friday, July 14 the stock rating was downgraded by KeyBanc Capital Markets to "Sector Weight". The firm has "Buy" rating by Stifel Nicolaus given on Wednesday, September 20. (NYSE:OKE) earned "Hold" rating by RBC Capital Markets on Monday, May 15. As per Thursday, August 20, the company rating was downgraded by Zacks. Cantor Fitzgerald maintained it with "Hold" rating and $230.0 target in Wednesday, November 8 report. Tobam holds 3.01% or 326,591 shares.

Since September 6, 2017, it had 2 insider purchases, and 2 sales for $27.11 million activity.

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