United Continental Holdings Inc (NYSE:UAL), Royal Caribbean Cruises Ltd (NYSE:RCL), Expedia Inc (NASDAQ:EXPE) are the top three stock investments of Altimeter Capital Management, as per its recent SEC 13F filing. The investment manager has its primary investments in service and technology sector.
United Continental Holdings Inc (NYSE:UAL) is the primary stock holding of Altimeter Capital Management, which owns 2,866,645 shares of the company with an estimated market value of $134 million. United Continental Holdings Inc (NYSE:UAL) announced net revenues of $9.3 billion for its fourth quarter 2015 along with net income of $461 million. Some of the primary investors of United Continental Holdings Inc (NYSE:UAL) include Gmt Capital, Appaloosa Management LP, and Oz Management. (Click here to see all the major investors in United Continental Holdings at the end of third quarter)
Altimeter Capital Management has its second largest stock investment in Royal Caribbean Cruises Ltd (NYSE:RCL) with 1,886,110 shares of the company at an estimated market value of $126.9 million. Royal Caribbean Cruises Ltd (NYSE:RCL) reported its fourth quarter 2014 financial results with adjusted net income of $70 million and adjusted net income of $755.7 million for fiscal 2014. Columbus Circle Investors, Altimeter Capital Management, and Tremblant Capital are the top three investors of Royal Caribbean Cruises Ltd (NYSE:RCL).
Expedia Inc (NASDAQ:EXPE) comes at number three in the portfolio of Altimeter Capital Management, which owns 1,440,447 shares of the company at an estimated market value of $126.2 million. Expedia Inc (NASDAQ:EXPE) reported net revenue of $1.71 billion in its third quarter 2014 along with net income of $257 million attributable to the company. Some of the primary investors of Expedia Inc (NASDAQ:EXPE) include Par Capital Management, Oz Management, and Altimeter Capital Management. The shares of Expedia Inc are trading at $85.39 with current P/E ratio of 26.69.
This article has been written by Prakash Pandey.
