Empyrean Capital Partners LP Has Cut United Contl Hldgs (Call) (UAL) Position by $4.83 Million; Allison Transmission Hldgs I (ALSN) Market Value Rose While Sq Advisors Has Lifted Holding

June 22, 2018 - By Ash

Allison Transmission Holdings, Inc. (NYSE:ALSN) Logo

Michael A. Price decreased its stake in United Contl Hldgs Inc (Call) (UAL) by 35% based on its latest 2018Q1 regulatory filing with the SEC. Empyrean Capital Partners Lp sold 70,000 shares as the company’s stock rose 3.49% while stock markets declined. The hedge fund run by Michael A. Price held 130,000 shares of the transportation company at the end of 2018Q1, valued at $9.03 million, down from 200,000 at the end of the previous reported quarter. Empyrean Capital Partners Lp who had been investing in United Contl Hldgs Inc (Call) for a number of months, seems to be less bullish one the $20.76B market cap company. The stock increased 0.59% or $0.44 during the last trading session, reaching $74.86. About 311,340 shares traded. United Continental Holdings, Inc. (NYSE:UAL) has declined 11.95% since June 22, 2017 and is downtrending. It has underperformed by 24.52% the S&P500. Some Historical UAL News: 24/04/2018 – MOODY’S AFFIRMS A2 ON CHICAGO IL O’HARE AIRPORT REVENUE AND PFC BONDS; OUTLOOK IS STABLE; 13/03/2018 – UNITED AIR: NEW REVENUE MGMT SYSTEM SEEING GOOD EARLY RESULTS; 08/03/2018 – UNITED CONTINENTAL HOLDINGS INC – FEBRUARY 2018 CONSOLIDATED TRAFFIC (REVENUE PASSENGER MILES) INCREASED 5.7 PERCENT; 27/04/2018 – Foreign Policy: EXCLUSIVE: Beijing has threatened United Airlines and American Airlines, demanding they change all references; 23/04/2018 – UAL SAYS BOARD TO ELECT NEW, INDEPENDENT CHAIRMAN; 01/05/2018 – United Bans 25 Pet Breeds From Hold, Will Resume Flying Others; 23/04/2018 – UAL SAYS MILTON, SIMMONS WONT STAND FOR RELECTION TO BOARD; 17/05/2018 – United Continental Names Gerry Laderman as Interim Financial Chief; 03/04/2018 – United Continental Holdings In CDS Widens 19 Bps, Most in 8 Wks; 08/05/2018 – EXCLUSIVE-United Airlines in talks to buy wide-body jets

Lou Simpson increased its stake in Allison Transmission Hldgs I (ALSN) by 24.19% based on its latest 2018Q1 regulatory filing with the SEC. Sq Advisors Llc bought 1.73M shares as the company’s stock rose 8.75% while stock markets declined. The hedge fund run by Lou Simpson held 8.90 million shares of the capital goods company at the end of 2018Q1, valued at $347.58 million, up from 7.17 million at the end of the previous reported quarter. Sq Advisors Llc who had been investing in Allison Transmission Hldgs I for a number of months, seems to be bullish on the $5.71 billion market cap company. The stock increased 1.49% or $0.61 during the last trading session, reaching $41.55. About 55,906 shares traded. Allison Transmission Holdings, Inc. (NYSE:ALSN) has risen 11.15% since June 22, 2017 and is uptrending. It has underperformed by 1.42% the S&P500. Some Historical ALSN News: 06/03/2018 – ALLISON TRANSMISSION – UNIT INTENDS TO USE PROCEEDS FROM OFFERING, WITH CASH ON HAND, TO REPAY $400 MLN OF TERM B-3 LOAN, AMONG OTHERS; 26/04/2018 – IC Bus chooses Allison Transmission for its alternative fuel-powered CE Series school buses; 17/05/2018 – Allison Transmission Forms Golden Cross: Technicals; 06/03/2018 – ALLISON TRANSMISSION – UNIT IS SEEKING TO AMEND CREDIT AGREEMENT TO REDUCE INTEREST RATE MARGIN ON TERM B-3 LOAN DUE 2022; 10/05/2018 – Allison Transmission declares quarterly dividend; 05/03/2018 – INFOSYS WINS CONTRACT FROM ALLISON TRANSMISSION: STATEMENT; 14/03/2018 – Allison Transmission receives certification from California Air Resources Board for model year 2018 hybrid-electric propulsion system paired with Cummins engines; 16/05/2018 – DEEP ECO: ALSN May Benefit, Industry Posts 12th Consecutive Gain; 22/03/2018 – Six Companies Join the Auto-ISAC: Allison Transmission, Autoliv, Calsonic Kansei, Hitachi, Intel and Navistar; 17/04/2018 – DEEP ECO: ALSN May Benefit, Industry Posts 11th Consecutive Gain

Analysts await United Continental Holdings, Inc. (NYSE:UAL) to report earnings on July, 17. They expect $3.06 earnings per share, up 11.27% or $0.31 from last year’s $2.75 per share. UAL’s profit will be $848.43M for 6.12 P/E if the $3.06 EPS becomes a reality. After $0.50 actual earnings per share reported by United Continental Holdings, Inc. for the previous quarter, Wall Street now forecasts 512.00% EPS growth.

Since March 14, 2018, it had 3 insider buys, and 2 insider sales for $6.36 million activity. Shares for $282,480 were sold by Hart Gregory L.

Investors sentiment increased to 0.76 in Q1 2018. Its up 0.10, from 0.66 in 2017Q4. It is positive, as 52 investors sold UAL shares while 183 reduced holdings. 70 funds opened positions while 108 raised stakes. 254.22 million shares or 2.29% less from 260.19 million shares in 2017Q4 were reported. Integral Derivatives reported 0.02% stake. Parametric Assocs has invested 0.08% of its portfolio in United Continental Holdings, Inc. (NYSE:UAL). Quantitative Invest Mgmt Ltd accumulated 144,500 shares. Advisors Preferred Ltd has 398 shares for 0.01% of their portfolio. Moreover, Regent Investment Mgmt Ltd has 0.14% invested in United Continental Holdings, Inc. (NYSE:UAL). Regentatlantic Cap Llc reported 27,556 shares. Ameritas Invest Ptnrs Inc holds 0.02% or 5,033 shares. Daiwa Securities Gp Inc owns 0.01% invested in United Continental Holdings, Inc. (NYSE:UAL) for 12,422 shares. Legal & General Group Pcl holds 0.03% or 480,760 shares. Envestnet Asset Mngmt Inc holds 0% in United Continental Holdings, Inc. (NYSE:UAL) or 14,365 shares. Retirement Sys Of Alabama owns 115,604 shares or 0.04% of their US portfolio. Alliancebernstein Limited Partnership has 445,050 shares for 0.02% of their portfolio. 16,958 were reported by Ubs Oconnor Limited Liability Company. Commonwealth National Bank & Trust Of Aus holds 0.09% in United Continental Holdings, Inc. (NYSE:UAL) or 124,835 shares. Mirae Asset Invests Com reported 39,798 shares.

Empyrean Capital Partners Lp, which manages about $4.52 billion and $1.87B US Long portfolio, upped its stake in Time Warner Inc (NYSE:TWX) by 282,000 shares to 1.93M shares, valued at $182.26M in 2018Q1, according to the filing. It also increased its holding in Curo Group Hldgs Corp by 503,100 shares in the quarter, for a total of 1.52 million shares, and has risen its stake in Twenty First Centy Fox Inc (NASDAQ:FOXA).

More notable recent United Continental Holdings, Inc. (NYSE:UAL) news were published by: 247Wallst.com which released: “United Airlines Battles With Kitchen Workers Over Union Representation” on May 31, 2018, also Benzinga.com with their article: “United Airlines Looks Primed For A Breakout” published on June 14, 2018, Bizjournals.com published: “Delta updates support animal policy, bans ‘pit bull type dogs'” on June 20, 2018. More interesting news about United Continental Holdings, Inc. (NYSE:UAL) were released by: Seekingalpha.com and their article: “Freighter Orders Help The Boeing 777” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “Alaska Air Fighting Some Competitive Headwinds” with publication date: June 20, 2018.

Among 23 analysts covering United Continental (NYSE:UAL), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. United Continental had 109 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by Standpoint Research given on Monday, August 24. Raymond James downgraded United Continental Holdings, Inc. (NYSE:UAL) on Wednesday, September 20 to “Market Perform” rating. The rating was maintained by Cowen & Co with “Outperform” on Monday, August 31. The stock of United Continental Holdings, Inc. (NYSE:UAL) earned “Overweight” rating by JP Morgan on Tuesday, January 30. Imperial Capital maintained United Continental Holdings, Inc. (NYSE:UAL) on Thursday, January 11 with “Hold” rating. The rating was downgraded by J.P. Morgan on Friday, September 15 to “Hold”. Credit Suisse downgraded the shares of UAL in report on Wednesday, July 6 to “Neutral” rating. The stock of United Continental Holdings, Inc. (NYSE:UAL) has “Neutral” rating given on Friday, November 18 by Citigroup. The rating was initiated by Barclays Capital with “Overweight” on Thursday, December 15. The stock of United Continental Holdings, Inc. (NYSE:UAL) earned “Buy” rating by Buckingham Research on Wednesday, January 24.

Among 22 analysts covering Allison Transmission Holdings (NYSE:ALSN), 9 have Buy rating, 5 Sell and 8 Hold. Therefore 41% are positive. Allison Transmission Holdings had 79 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Thursday, April 20. Avondale initiated the stock with “Mkt Outperform” rating in Wednesday, December 2 report. On Wednesday, November 1 the stock rating was maintained by Buckingham Research with “Neutral”. The stock of Allison Transmission Holdings, Inc. (NYSE:ALSN) has “Overweight” rating given on Wednesday, October 12 by Barclays Capital. The company was initiated on Thursday, April 6 by Seaport Global. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, February 9. J.P. Morgan downgraded the stock to “Sell” rating in Friday, February 16 report. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, July 27 report. The firm has “Hold” rating by RBC Capital Markets given on Friday, February 16. As per Monday, October 30, the company rating was maintained by JP Morgan.

Sq Advisors Llc, which manages about $2.47 billion and $2.93 billion US Long portfolio, decreased its stake in Schwab Charles Corp New (NYSE:SCHW) by 152,695 shares to 5.96M shares, valued at $311.21M in 2018Q1, according to the filing. It also reduced its holding in Liberty Global Plc (NASDAQ:LBTYK) by 39,734 shares in the quarter, leaving it with 9.57 million shares, and cut its stake in Axalta Coating Sys Ltd.

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.09, from 1.1 in 2017Q4. It is negative, as 37 investors sold ALSN shares while 90 reduced holdings. 38 funds opened positions while 90 raised stakes. 133.54 million shares or 10.50% less from 149.21 million shares in 2017Q4 were reported. Raymond James Associate invested in 35,367 shares. Moreover, Sg Americas Secs Ltd Liability Corp has 0% invested in Allison Transmission Holdings, Inc. (NYSE:ALSN). Principal Fincl Gp holds 0% of its portfolio in Allison Transmission Holdings, Inc. (NYSE:ALSN) for 53,344 shares. Bessemer Gru has invested 0% in Allison Transmission Holdings, Inc. (NYSE:ALSN). Ingalls Snyder stated it has 199,769 shares. Bank & Trust Of America De holds 1.49M shares. Engineers Gate Manager Ltd Partnership holds 0.11% or 42,879 shares. Quantitative Mngmt Limited Liability Corp reported 193,600 shares. Sq Advsrs Ltd Liability Com reported 8.90 million shares. Alliancebernstein Limited Partnership holds 0% or 78,090 shares in its portfolio. Legal & General Group Public Limited, United Kingdom-based fund reported 99,754 shares. Cambridge Rech Advsrs holds 0% of its portfolio in Allison Transmission Holdings, Inc. (NYSE:ALSN) for 5,246 shares. Schroder Invest Mngmt Gru stated it has 2.49M shares. Prelude Capital Mgmt Ltd Company invested in 5,300 shares or 0.02% of the stock. Prudential Inc holds 67,064 shares or 0% of its portfolio.

United Continental Holdings, Inc. (NYSE:UAL) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>