United Continental Holdings, Inc. (UAL) Shares Gap Down After Analyst Downgrade

Cornelia Mascio
Ottobre 22, 2017

Following the completion of the transaction, the director now directly owns 27,707 shares in the company, valued at $1,658,818.09. (United). The company has market cap of $17.75 billion. The stock had previously closed at $53.17, but opened at $59.78. About 9.19M shares traded or 10.99% up from the average.

United Continental Holdings (NYSE:UAL) last released its quarterly earnings data on Monday, October 17th. It has outperformed by 60.49% the S&P500. The fund purchased 5,600 shares of the transportation company's stock, valued at approximately $421,000. U S Global Investors Inc acquired 74,823 shares as United Contl Hldgs Inc (UAL)'s stock rose 2.66%. The stock decreased 0.47% or $0.38 on October 20, reaching $81.21. About 401,098 shares traded. American Electric Power Company Inc (NYSE:AEP) has risen 7.63% since October 21, 2016 and is uptrending. It has underperformed by 38.50% the S&P500. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. Therefore 35% are positive. United Continental had 72 analyst reports since July 24, 2015 according to SRatingsIntel. Bank of America Corporation reaffirmed a buy rating and set a $84.00 price objective (down from $85.00) on shares of United Continental Holdings in a report on Tuesday, October 10th. On Wednesday, September 20 the stock rating was downgraded by Raymond James to "Market Perform". The company was maintained on Wednesday, July 12 by Cowen & Co. The firm has "Mkt Perform" rating by Bernstein given on Tuesday, October 11. On Wednesday, November 16 the stock rating was maintained by Cowen & Co with "Outperform". As per Thursday, November 10, the company rating was downgraded by Standpoint Research. The rating was maintained by Imperial Capital on Thursday, January 12 with "In-Line".

Since May 9, 2017, it had 0 buys, and 2 insider sales for $1.02 million activity. Hart Gregory L had sold 3,000 shares worth $230,504. Its down 0.12, from 0.91 in 2017Q1. It fall, as 49 investors sold UAL shares while 222 reduced holdings. 279.97 million shares or 4.99% less from 294.67 million shares in 2017Q1 were reported. Beach Counsel Pa stated it has 0.02% in United Continental Holdings Inc (NYSE:UAL). Css Ltd Llc Il holds 0.02% of its portfolio in United Continental Holdings Inc (NYSE:UAL) for 5,343 shares. On average, equities research analysts expect that United Continental Holdings will post $6.41 earnings per share for the current fiscal year. Imperial Capital also issued estimates for United Continental Holdings' Q3 2017 earnings at $2.13 EPS, Q4 2017 earnings at $1.23 EPS, FY2017 earnings at $6.50 EPS, Q1 2018 earnings at $0.20 EPS, Q2 2018 earnings at $0.60 EPS, Q3 2018 earnings at $2.72 EPS, Q3 2018 earnings at $2.60 EPS, Q4 2018 earnings at $1.47 EPS, FY2018 earnings at $6.95 EPS and FY2019 earnings at $0.80 EPS. Utah Retirement Sys invested in 0.09% or 51,469 shares. Norinchukin Savings Bank The has 0.07% invested in United Continental Holdings Inc (NYSE:UAL). Strs Ohio reported 499,473 shares. Farmers And Merchants Investments Incorporated, Nebraska-based fund reported 167,398 shares. Finally, CenturyLink Investment Management Co increased its stake in United Continental Holdings by 1.9% in the second quarter. Beacon Advisors owns 1,379 shares or 1.32% of their U.S. portfolio. 10,400 were accumulated by Force Capital Llc. Cibc World holds 0.03% or 39,820 shares in its portfolio.

Several other institutional investors have also added to or reduced their stakes in the stock. "Announces 33% Decline In Q3 Earnings" on October 18, 2017. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Continental Holdings, Inc. with MarketBeat.com's FREE daily email newsletter. American Elec Pwr Inc (Call) now has $36.39 billion valuation. It also increased its holding in Nike Inc (NYSE:NKE) by 73,848 shares in the quarter, for a total of 73,948 shares, and has risen its stake in Credit Suisse Nassau Brh (FLGE).

River Road Asset Management Llc, which manages about $10.26 billion and $5.17 billion US Long portfolio, upped its stake in Asbury Automotive Group Inc. (NYSE:UAL) shares have moved -11.35% on the week. Alliancebernstein Lp sold 559,878 shares as Gilead Sciences Inc (GILD)'s stock declined 8.05%.

Analysts await Gilead Sciences, Inc. During the same quarter in the prior year, the firm posted $3.11 earnings per share. AEP's profit will be $619.78M for 14.68 P/E if the $1.26 EPS becomes a reality. After $0.35 actual earnings per share reported by Redwood Trust, Inc. for the previous quarter, Wall Street now forecasts -2.86% negative EPS growth.

07/12/2017 - United Continental Holdings, Inc. had its "buy" rating reiterated by analysts at UBS. Therefore 29% are positive. RBC Capital Markets maintained Thomson Reuters Corp (NYSE:TRI) rating on Tuesday, July 25. They now have a United States dollars 57 price target on the stock. The company was downgraded on Tuesday, November 22 by Imperial Capital. The firm has "Neutral" rating given on Wednesday, July 20 by Citigroup. Bank of America has "Buy" rating and $10500 target.

UAL has been the topic of a number of recent research reports. The brokerage presently has a "buy" rating on the transportation company's stock. (NYSE:RWT). Wealthtrust holds 0% or 108 shares. The stock of American Electric Power Company Inc (NYSE:AEP) earned "Sector Perform" rating by RBC Capital Markets on Thursday, October 13.

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