Koninklijke Philips N V (PHG) Stock Value Rose While Hotchkis & Wiley Capital Management Trimmed by $7.82 Million Its Holding; Group One Trading LP Has Decreased United Contl Hldgs (UAL) Position as Stock Value Rose

August 10, 2018 - By Joe Cepeda

Koninklijke Philips N.V. (NYSE:PHG) Logo

Group One Trading Lp decreased its stake in United Contl Hldgs Inc (UAL) by 68.28% based on its latest 2018Q1 regulatory filing with the SEC. Group One Trading Lp sold 19,906 shares as the company’s stock rose 3.49% while stock markets declined. The institutional investor held 9,249 shares of the transportation company at the end of 2018Q1, valued at $643,000, down from 29,155 at the end of the previous reported quarter. Group One Trading Lp who had been investing in United Contl Hldgs Inc for a number of months, seems to be less bullish one the $22.56B market cap company. The stock decreased 0.05% or $0.04 during the last trading session, reaching $82.75. About 1.56 million shares traded. United Continental Holdings, Inc. (NYSE:UAL) has declined 11.95% since August 10, 2017 and is downtrending. It has underperformed by 24.52% the S&P500. Some Historical UAL News: 23/05/2018 – UNITED AIR CEO OSCAR MUNOZ COMMENTS TO REPORTERS IN CHICAGO; 13/03/2018 – United Continental Sees 2018 Adj EPS $6.50-Adj EPS $8.50; 14/03/2018 – UNITED SAYS ATTENDANT DID NOT KNOWINGLY PLACE DOG IN OVERHEAD; 15/03/2018 – U.S. Senators propose bill to bar airlines from placing animals in danger; 13/03/2018 – United Boosts Earnings Guidance as Revenue Improves; 08/05/2018 – EXCLUSIVE-United Airlines in talks to buy wide-body jets; 16/04/2018 – S&P Raises Corporate Credit Rating on United Continental and United Airlines to ‘BB’ From ‘BB-‘; 14/05/2018 – United Air to Add Newark Flights in Latest Bid for Hub Dominance; 30/05/2018 – UNITED’S HUB GROWTH NOT DESIGNED TO LOWER FARES: KIRBY; 31/05/2018 – Heidrick & Struggles Strengthens Heidrick Consulting with Five New Consultants

Hotchkis & Wiley Capital Management Llc decreased its stake in Koninklijke Philips N V (PHG) by 2.04% based on its latest 2018Q1 regulatory filing with the SEC. Hotchkis & Wiley Capital Management Llc sold 205,828 shares as the company’s stock rose 7.57% while stock markets declined. The institutional investor held 9.89M shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $378.89 million, down from 10.10M at the end of the previous reported quarter. Hotchkis & Wiley Capital Management Llc who had been investing in Koninklijke Philips N V for a number of months, seems to be less bullish one the $40.77B market cap company. The stock decreased 0.92% or $0.41 during the last trading session, reaching $43.95. About 484,867 shares traded. Koninklijke Philips N.V. (NYSE:PHG) has risen 19.98% since August 10, 2017 and is uptrending. It has outperformed by 7.41% the S&P500. Some Historical PHG News: 27/04/2018 – TT INTERNATIONAL CUTS SHORT PHILIPS LIGHTING TO 0.25 FROM 0.50; 07/05/2018 – Philips Lighting at Non-Deal Roadshow Hosted By ABN AMRO Today; 18/04/2018 – FDA: Philips Electronics North America Corporation- T5 Model 78104 Product Usage: Indicated for use as a diagnostic device. It; 26/04/2018 – Philips Lighting Chooses Allocadia to Power Global Marketing Plans, Investments, and ROI; 07/05/2018 – Zillow Group CFO Kathleen Philips To Retire; 04/05/2018 – Food Lion to Remodel 105 Stores in Greater Norfolk, Va., Market in 2018; 17/05/2018 – KONINKLIJKE VOLKERWESSELS NV KVW.AS – REVENUE € 1.23 BILLION (€ 1.20 BILLION YR AGO); 18/04/2018 – FDA: Philips Electronics North America Corporation- Achieva 1.5T: 1) Nova (Dual), Model 781173, 2) Achieva 1.5T Initial Systems; 18/04/2018 – KONINKLIJKE VOPAK NV – WILL EXPAND ITS WHOLLY-OWNED BOTLEK TERMINAL WHICH IS LOCATED IN PORT OF ROTTERDAM, NETHERLANDS; 17/04/2018 – FDA: Philips Medical Systems (Cleveland) Inc- Ingenuity CT – Model no. 728326, 728325, Computed Tomography X-Ray system Product

Hotchkis & Wiley Capital Management Llc, which manages about $25.96B and $25.26B US Long portfolio, upped its stake in C&J Energy Svcs Inc New by 208,139 shares to 3.39 million shares, valued at $87.42M in 2018Q1, according to the filing. It also increased its holding in Mdc Partners Inc (NASDAQ:MDCA) by 1.30M shares in the quarter, for a total of 3.11 million shares, and has risen its stake in Sanchez Energy Corp (NYSE:SN).

More important recent Koninklijke Philips N.V. (NYSE:PHG) news were published by: Bizjournals.com which released: “Philips now eyes 1000-plus downtown jobs, juicing an already wild hiring spree” on August 09, 2018, also Business.Financialpost.com published article titled: “Deutsche Bank Appointed as Successor New York Transfer Agent for Koninklijke Philips NV’s NYSE – Listed New York …”, Seekingalpha.com published: “Koninklijke Philips NV’s (PHG) CEO Frans van Houten on Q2 2018 Results – Earnings Call Transcript” on July 23, 2018. More interesting news about Koninklijke Philips N.V. (NYSE:PHG) was released by: Investorplace.com and their article: “Amazon Prime Day: 3 Winners, 1 Loser” with publication date: July 18, 2018.

Among 14 analysts covering Koninklijke Philips N.V. (NYSE:PHG), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Koninklijke Philips N.V. had 15 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Hold” rating by ING Group given on Friday, November 27. The rating was downgraded by BNP Paribas on Monday, October 16 to “Neutral”. The rating was upgraded by Societe Generale on Tuesday, July 28 to “Buy”. The stock of Koninklijke Philips N.V. (NYSE:PHG) has “Outperform” rating given on Wednesday, September 2 by RBC Capital Markets. The firm has “Hold” rating by Deutsche Bank given on Tuesday, June 20. The stock of Koninklijke Philips N.V. (NYSE:PHG) earned “Buy” rating by Berenberg on Monday, February 12. The stock of Koninklijke Philips N.V. (NYSE:PHG) earned “Equal Weight” rating by Barclays Capital on Tuesday, July 28. The rating was upgraded by Nomura to “Neutral” on Thursday, August 27. The rating was initiated by Citigroup with “Buy” on Wednesday, November 23. UBS upgraded Koninklijke Philips N.V. (NYSE:PHG) on Wednesday, August 10 to “Buy” rating.

More notable recent United Continental Holdings, Inc. (NYSE:UAL) news were published by: Benzinga.com which released: “Macquarie: United’s Q2 Beat Shows Commitment To EPS Targets” on July 19, 2018, also Fool.com with their article: “United Airlines’ Basic Economy Bag Ban Probably Won’t Last” published on August 09, 2018, Seekingalpha.com published: “Can United Top Delta’s Solid Results?” on July 15, 2018. More interesting news about United Continental Holdings, Inc. (NYSE:UAL) were released by: Fool.com and their article: “United Continental Stock Soars 9% on Q2 Earnings Beat” published on July 19, 2018 as well as Benzinga.com‘s news article titled: “Two Major Mergers Fall Through, A Reminder That Deals Don’t Always Work Out” with publication date: August 09, 2018.

Since March 14, 2018, it had 3 buys, and 2 insider sales for $6.36 million activity. On Thursday, April 19 Hart Gregory L sold $282,480 worth of United Continental Holdings, Inc. (NYSE:UAL) or 4,000 shares.

Among 23 analysts covering United Continental (NYSE:UAL), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. United Continental had 115 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, January 11 by UBS. The firm has “Hold” rating by Cowen & Co given on Friday, October 20. Bank of America upgraded United Continental Holdings, Inc. (NYSE:UAL) on Thursday, June 29 to “Buy” rating. The firm earned “Hold” rating on Friday, September 15 by J.P. Morgan. Buckingham Research upgraded the shares of UAL in report on Tuesday, December 19 to “Buy” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, April 6. As per Thursday, March 16, the company rating was downgraded by Evercore. JP Morgan downgraded United Continental Holdings, Inc. (NYSE:UAL) on Friday, September 15 to “Neutral” rating. The rating was maintained by Morgan Stanley on Friday, February 23 with “Equal-Weight”. On Friday, January 22 the stock rating was maintained by Credit Suisse with “Outperform”.

Analysts await United Continental Holdings, Inc. (NYSE:UAL) to report earnings on October, 17. They expect $2.88 earnings per share, up 29.73% or $0.66 from last year’s $2.22 per share. UAL’s profit will be $785.10M for 7.18 P/E if the $2.88 EPS becomes a reality. After $3.23 actual earnings per share reported by United Continental Holdings, Inc. for the previous quarter, Wall Street now forecasts -10.84% negative EPS growth.

Investors sentiment increased to 0.76 in Q1 2018. Its up 0.10, from 0.66 in 2017Q4. It increased, 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. Cwm Ltd Liability Co invested 0% of its portfolio in United Continental Holdings, Inc. (NYSE:UAL). Citadel Advisors Ltd Co holds 1.05 million shares. Keybank Natl Association Oh has 24,557 shares. Thompson Siegel And Walmsley Lc reported 785,567 shares. Guggenheim Ltd stated it has 705,528 shares. Tci Wealth Advisors holds 0.01% of its portfolio in United Continental Holdings, Inc. (NYSE:UAL) for 185 shares. State Board Of Administration Of Florida Retirement reported 364,990 shares. Convergence Ptnrs Lc holds 0.01% or 1,155 shares. Needham Investment Mngmt Limited Company stated it has 57,500 shares. Pnc Svcs Grp reported 0% of its portfolio in United Continental Holdings, Inc. (NYSE:UAL). Mason Street Ltd Liability holds 33,709 shares. Signaturefd Ltd owns 493 shares. Cibc Asset Management has invested 0.01% in United Continental Holdings, Inc. (NYSE:UAL). Blackrock Inc has invested 0.07% of its portfolio in United Continental Holdings, Inc. (NYSE:UAL). Hennessy Advsrs Incorporated invested 0.11% of its portfolio in United Continental Holdings, Inc. (NYSE:UAL).

Group One Trading Lp, which manages about $10.54B US Long portfolio, upped its stake in Mallinckrodt Pub Ltd Co (Put) by 183,000 shares to 652,500 shares, valued at $9.45 million in 2018Q1, according to the filing. It also increased its holding in Baozun Inc by 15,011 shares in the quarter, for a total of 42,208 shares, and has risen its stake in Jabil Inc (Call).

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

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.

Free Email Newsletter

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


Recent Posts