United Continental Holdings (NYSE:UAL).
Hosking Partners Llp reports that it bought 2,305 shares last quarter increasing its stake in United Continental Holdings (UAL) by 0.5%. Its stake was valued at $29,771,000 a decrease of $6,854,000 as of the end of the quarter.
The following firms have recently changed their position in UAL. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS augmented its stake by buying 95 shares an increase of 0.5% from 06/30/2017 to 09/30/2017. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS now holds 21,030 shares valued at $1,280,000. The value of the position overall is down by 18.7%. As of the end of the quarter Raymond James & Associates had sold a total of 56,304 shares trimming its stake by 30.6%. The value of the investment in United Continental Holdings went from $13,843,000 to $7,772,000 a change of 43.9% for the reporting period.
Darrell & King LLC expanded its investment by buying 6,917 shares an increase of 2.0%. Darrell & King LLC now controls 360,111 shares with a value of $21,924,000. The total value of its holdings decreased 17.5%.
October 24 investment analysts at Atlantic Securities held the stock rating at “Neutral” targeting a price of $100.00. On October 20 analysts at Morgan Stanley updated its forecast on UAL and giving a rating of “Hold” and projecting a price target of $68.00.
On October 20 Stifel Nicolaus made no change to the company rating of “Buy” projecting a price of $100.00.
The company is up since yesterday’s close of 57.2. The company’s P/E ratio is 8.28 and the market cap of the company is 16.95B. As of the latest earnings report the EPS was $6.91 with 296.25M shares now outstanding.
Traders are more bullish of late considering the fall in short interest. The company had a fall in short interest of -1.44% between September 29, 2017 and October 13, 2017. Short interest fell from 12,785,515 to 12,601,542 over that period. With short interest at 12,601,542 and short average daily volume at 4,173,482, days to cover is 3.0 and the short interest percentage is 0.04% as of October 13.