United acknowledges fiasco, posts 57% drop in profit

Paterniano Del Favero
Aprile 18, 2017

Vetr lowered shares of United Continental Holdings Inc (NYSE:UAL) from a strong-buy rating to a sell rating in a research note published on Tuesday. FMR LLC now owns 7,472,436 shares of the company's stock worth $544,592,000 after buying an additional 622,056 shares in the last quarter. (UAL) is $83.31/share according to the consensus of analysts working on the stock, with an expected EPS of $0.34/share for the current quarter. Following the transaction, the chief financial officer now owns 20,199 shares in the company, valued at $1,511,087.19. The stock has an average rating of Hold and a consensus price target of $68.36. Ameriprise Financial Inc. now owns 4,602,803 shares of the company's stock worth $241,504,000 after buying an additional 472,390 shares in the last quarter. Stock investors purchased 17,486 call options on the stock.

A number of other equities analysts also recently commented on the company. Finally, Zacks Investment Research downgraded United Continental Holdings from a buy rating to a hold rating in a report on Tuesday, March 14th. Ameriprise Financial Inc. raised its position in United Continental Holdings by 11.4% in the third quarter. They issued an overweight rating and a $105.00 price objective for the company. BlackRock Japan Co. Ltd boosted its stake in United Continental Holdings by 21.5% in the third quarter.

COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by BBNS and is the property of of BBNS. If you are viewing this article on another domain, it was copied illegally and republished in violation of worldwide trademark & copyright legislation. Atria Investments LLC now owns 4,277 shares of the company's stock valued at $302,000 after buying an additional 549 shares during the period. Capital World Investors now owns 3,227,944 shares of the company's stock worth $169,370,000 after buying an additional 940,000 shares in the last quarter. Sanford C. Bernstein reissued a market perform rating and set a $59.00 price objective on shares of United Continental Holdings in a research report on Friday, March 3rd. The legal version of this piece of content can be read at https://baseballnewssource.com/markets/united-continental-holdings-target-of-unusually-large-options-trading-ual/608330.html.

03/16/2017 - United Continental Holdings, Inc. was downgraded to " by analysts at Evercore ISI. 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. Won Pat International Airport (Guam), San Francisco International Airport (SFO) and Washington Dulles International Airport (Washington Dulles).

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