Warren Buffett’s Berkshire Hathaway Inc Disclosed New United Continental Holdings, Inc Position

February 15, 2018 - By Vivian Currie

 Warren Buffett's Berkshire Hathaway Inc Disclosed New United Continental Holdings, Inc Position

Investors sentiment decreased to 0.71 in 2017 Q3. Its down 0.08, from 0.79 in 2017Q2. It dropped, as 86 investors sold United Continental Holdings, Inc. shares while 191 reduced holdings. 56 funds opened positions while 141 raised stakes. 275.39 million shares or 1.64% less from 279.97 million shares in 2017Q2 were reported.

Perigon Wealth Lc invested 0.03% in United Continental Holdings, Inc. (NYSE:UAL). M&T State Bank reported 20,753 shares. Employees Retirement Association Of Colorado has invested 0.01% in United Continental Holdings, Inc. (NYSE:UAL). Nationwide Fund Advsr holds 0.03% of its portfolio in United Continental Holdings, Inc. (NYSE:UAL) for 144,502 shares. Wealthtrust stated it has 0% in United Continental Holdings, Inc. (NYSE:UAL). Ajo Lp reported 0.66% in United Continental Holdings, Inc. (NYSE:UAL). Exane Derivatives stated it has 0.02% of its portfolio in United Continental Holdings, Inc. (NYSE:UAL). Moreover, Cls Invests Limited Co has 0% invested in United Continental Holdings, Inc. (NYSE:UAL). Los Angeles Mngmt Equity Research Inc accumulated 66,770 shares. Palo accumulated 10,346 shares. Camarda Advsrs Limited Liability Corporation reported 7,921 shares stake. Creative Planning holds 37,710 shares or 0.01% of its portfolio. Americafirst Capital Mgmt Limited Liability invested in 0.35% or 4,270 shares. Bessemer Group Inc Inc holds 1,702 shares or 0% of its portfolio. Commonwealth Equity Serv reported 13,795 shares stake.

The New Warren Buffett’s Berkshire Hathaway Inc Holding in United Continental Holdings, Inc

Berkshire Hathaway Inc reported SC 13G/A form with the SEC for United Continental Holdings, Inc. Access it here: 000119312518045588. As reported by Warren Buffett’s Berkshire Hathaway Inc, the filler owns 9.5% or 28,211,563 shares of the Transports–company.

United Continental Holdings, Inc stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Warren Buffett’s Berkshire Hathaway Inc’s positive view for United Continental Holdings, Inc.

The hedge fund is investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Warren Buffett’s Berkshire Hathaway Inc’s portfolio is in the sector.

United Continental Holdings, Inc Institutional Sentiment

Filings show 497 investors own United Continental Holdings, Inc. The ownership in Q3 2015 is very high, at Infinity of the outstanding shares. This is increased by 41128934. 306209737 were owned by these investors. 105 funds opened new United Continental Holdings, Inc stakes, 181 increased positions. There were 63 that closed positions and 161 reduced them.

24 investors had the stock in their top 10. Some are: Par Capital Management Inc, Altimeter Capital Management Lp, Bronson Point Management Llc, Rudman Errol M, Cyrus Capital Partners L.P., Deroy & Devereaux Private Investment Counsel Inc, Omega Advisors Inc., Gendell Jeffrey L, Kamunting Street Capital Management L.P., U S Global Investors Inc..

Gideon Capital Advisors Inc is an investor bullish on United Continental Holdings, Inc, owning 59340 shares as of Q3 2015 for 1.84% of its portfolio. Douglas C Lane & Associates Inc owns 1607921 shares or 2.43% of its portfolio. GA Gmt Capital Corp have 9.41% of its portfolio for 6486090 shares. Further, Credit Capital Investments Llc reported stake worth 7.55% of its portfolio. The MA Altimeter Capital Management Lp owns 9300000 shares. United Continental Holdings, Inc is 31.56% of its portfolio.

Business Profile

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. Won Pat International Airport (Guam), San Francisco International Airport (SFO) and Washington Dulles International Airport (Washington Dulles). It has contractual relationships with regional carriers to provide regional jet and turboprop service branded as United Express. These regional operations are an extension of the Company’s mainline network.

SEC Form 13G.

The stock increased 1.46% or $0.96 during the last trading session, reaching $66.64. About 2.82 million shares traded. United Continental Holdings, Inc. (NYSE:UAL) has risen 77.19% since February 15, 2017 and is uptrending. It has outperformed by 60.49% the S&P500.

United Continental Holdings, Inc., together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. The company has market cap of $19.74 billion. The firm transports people and cargo through its mainline and regional operations. It has a 9.49 P/E ratio. As of December 31, 2016, it operated a fleet of 1,231 aircraft.

United Continental Holdings, Inc. (NYSE:UAL) Ratings Coverage

Among 23 analysts covering United Continental (NYSE:UAL), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. United Continental has $130.0 highest and $42 lowest target. $76.04’s average target is 14.11% above currents $66.64 stock price. United Continental had 97 analyst reports since July 24, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of UAL in report on Thursday, September 7 with “Hold” rating. The stock of United Continental Holdings, Inc. (NYSE:UAL) has “Market Perform” rating given on Thursday, March 24 by Raymond James. The firm earned “Buy” rating on Wednesday, January 10 by Stifel Nicolaus. The firm earned “Buy” rating on Wednesday, January 11 by UBS. Cowen & Co maintained the stock with “Hold” rating in Monday, August 14 report. The rating was downgraded by Atlantic Securities on Tuesday, October 24 to “Neutral”. The firm has “Hold” rating by Imperial Capital given on Wednesday, December 13. The company was maintained on Monday, November 13 by Morgan Stanley. The stock of United Continental Holdings, Inc. (NYSE:UAL) earned “Outperform” rating by Cowen & Co on Wednesday, November 16. On Thursday, March 16 the stock rating was downgraded by Evercore to “In-Line”.

More notable recent United Continental Holdings, Inc. (NYSE:UAL) news were published by: Seekingalpha.com which released: “United Continental: Still Flying Too High For Me” on January 25, 2018, also Nasdaq.com with their article: “United Continental Holdings Inc. Bottom Line Falls 27% In Q4” published on January 23, 2018, Investorplace.com published: “Metrics for Sales Growth Make United Continental Holdings (UAL) a Sell at …” on January 26, 2018. More interesting news about United Continental Holdings, Inc. (NYSE:UAL) were released by: Fool.com and their article: “United Continental Holdings, Inc.: Decent Earnings, but Ugly Guidance” published on January 24, 2018 as well as Gurufocus.com‘s news article titled: “PRIMECAP Management Buys Alkermes PLC, Siemens AG, United Continental Holdings …” with publication date: February 13, 2018.

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