United Continental Holdings Sees Unusually Large Options Volume (UAL)

United Continental Holdings, Inc. (NYSE:UAL) was the target of unusually large options trading on Wednesday. Stock investors acquired 1,399 call options on the company. This represents an increase of 115% compared to the average daily volume of 650 call options.

UAL has been the subject of several recent research reports. Buckingham Research downgraded United Continental Holdings from a “buy” rating to a “neutral” rating and boosted their price objective for the company from $49.28 to $59.80 in a report on Monday, September 18th. Barclays PLC restated a “buy” rating and set a $80.00 price objective on shares of United Continental Holdings in a report on Monday, September 25th. Citigroup Inc. boosted their price objective on United Continental Holdings from $75.00 to $76.00 and gave the company a “neutral” rating in a report on Thursday, October 19th. Morgan Stanley restated an “equal weight” rating and set a $71.00 price objective (down previously from $72.00) on shares of United Continental Holdings in a report on Friday, September 1st. Finally, Stephens restated an “equal weight” rating and set a $65.00 price objective (down previously from $80.00) on shares of United Continental Holdings in a report on Thursday, September 7th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $77.63.



Shares of United Continental Holdings (UAL) opened at $58.20 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.53 and a current ratio of 0.60. United Continental Holdings has a one year low of $56.51 and a one year high of $83.04. The stock has a market capitalization of $17,380.00, a price-to-earnings ratio of 8.00, a P/E/G ratio of 1.47 and a beta of 1.02.

United Continental Holdings (NYSE:UAL) last announced its earnings results on Wednesday, October 18th. The transportation company reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.12 by $0.10. The business had revenue of $9.88 billion for the quarter, compared to analyst estimates of $9.87 billion. United Continental Holdings had a return on equity of 25.26% and a net margin of 5.22%. The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the company earned $3.11 EPS. research analysts anticipate that United Continental Holdings will post 6.33 earnings per share for the current year.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in UAL. Exane Derivatives increased its stake in United Continental Holdings by 373.7% in the 3rd quarter. Exane Derivatives now owns 1,852 shares of the transportation company’s stock worth $113,000 after acquiring an additional 1,461 shares during the last quarter. MCF Advisors LLC increased 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 during the last quarter. Sun Life Financial INC increased its stake in United Continental Holdings by 18,645.5% in the 2nd quarter. Sun Life Financial INC now owns 2,062 shares of the transportation company’s stock worth $155,000 after acquiring an additional 2,051 shares during the last quarter. Captrust Financial Advisors bought a new position in United Continental Holdings in the 2nd quarter worth about $181,000. Finally, Comprehensive Portfolio Management LLC purchased a new position in shares of United Continental Holdings in the 2nd quarter worth about $204,000. Institutional investors and hedge funds own 99.08% of the company’s stock.

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About United Continental Holdings

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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