Economy

UnitedHealth Group Incorporated (UNH) Position Trimmed by Trexquant Investment LP

Atika Ltd Liability owns 21,500 shares or 1.4% of their United States portfolio. 122 funds opened positions while 438 raised stakes. Citigroup Inc. lifted their price objective on shares of UnitedHealth Group from $195.00 to $213.00 and gave the company a "buy" rating in a research report on Wednesday, July 19th. UnitedHealth Group comprises about 1.1% of Ferguson Wellman Capital Management Inc.'s holdings, making the stock its 28th largest position. Miles Capital Inc owns 3,669 shares for 0.37% of their portfolio. Legal & General Group Plc boosted its stake in UnitedHealth Group by 5.4% during the 1st quarter. Factory Mutual Insurance Co. now owns 416,600 shares of the healthcare conglomerate's stock worth $77,245,000 after acquiring an additional 72,000 shares in the last quarter. UBS Asset Management Americas Inc. now owns 4,372,898 shares of the healthcare conglomerate's stock worth $717,199,000 after purchasing an additional 255,799 shares during the last quarter. Shell Asset Management Co. now owns 157,241 shares of the healthcare conglomerate's stock worth $29,156,000 after acquiring an additional 1,254 shares in the last quarter. Longview Partners Guernsey LTD increased its stake in UnitedHealth Group by 3.5% in the 2nd quarter. Harbour Capital Advisors LLC now owns 2,516,706 shares of the healthcare conglomerate's stock valued at $13,573,000 after buying an additional 2,503,090 shares in the last quarter.

More notable recent UnitedHealth Group Inc (NYSE:UNH) news were published by: Reuters.com which released: "US-based UnitedHealth proposes buying Chile's Banmedica" on September 09, 2017, also Investorplace.com with their article: "Stock of UnitedHealth Group (UNH) Rated a Strong Buy" published on September 27, 2017, Nasdaq.com published: "Zacks Industry Outlook Highlights: Triple-S Management, Anthem, UnitedHealth ..." on September 26, 2017. The stock was sold at an average price of $198.11, for a total transaction of $10,019,215.14. Fulton Bank, N.a. now owns 2,098 shares valued at $411,000. The transaction was disclosed in a filing with the SEC, which is accessible through this link. On Friday, June 2 the insider WILENSKY GAIL R sold $990,227. The score ranges from zero to six where a 0 would indicate no evidence of book cooking, and a 6 would indicate a high likelihood. The disclosure for this sale can be found here. In the last quarter, insiders sold 76,174 shares of company stock worth $14,981,909. Following the transaction, the insider now owns 195,625 shares of the company's stock, valued at approximately $38,755,268.75. Northrock Prtnrs has invested 0.12% in UnitedHealth Group Inc (NYSE:UNH). The firm has a market cap of $165.22 billion, a price-to-earnings ratio of 21.95 and a beta of 0.68. The 50 day moving average was up $1.70 or +0.87% whereas the 200 day average was up by +7.90%. UnitedHealth Group Incorporated has a 1-year low of $133.03 and a 1-year high of $200.76. Adage Prtn Group Inc Ltd Liability Company has invested 0.7% in UnitedHealth Group Inc (NYSE:UNH). As of the latest earnings report the EPS was $8.32 and is estimated to be $9.87 for the current year with 966,859,000 shares now outstanding. UnitedHealth Group had a return on equity of 21.52% and a net margin of 4.32%. The company had revenue of $48.72 billion during the quarter, compared to analysts' expectations of $48.21 billion. The company's quarterly revenue was up 7.7% compared to the same quarter past year. During the same period a year ago, the business posted $1.96 EPS. The Earnings Yield Five Year average for UnitedHealth Group Incorporated (NYSE:UNH) is 4.28%.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 19th. Private Tru Na stated it has 8,150 shares or 0.33% of all its holdings. The ex-dividend date of this dividend was Thursday, September 7th. UnitedHealth Group's payout ratio is 35.13%.

Several research analysts have commented on UNH shares. Cantor Fitzgerald reissued a "buy" rating and issued a $205.00 price objective on shares of UnitedHealth Group in a research report on Friday, July 7th. ValuEngine cut shares of UnitedHealth Group from a "buy" rating to a "hold" rating in a research note on Thursday. Deutsche Bank maintained it with "Buy" rating and $197 target in Thursday, July 13 report. The stock of UnitedHealth Group Inc (NYSE:UNH) earned "Buy" rating by Cleveland on Friday, April 8. On Wednesday, September 20 the stock rating was maintained by Jefferies with "Buy". UnitedHealth Group now has a consensus rating of "Buy" and a consensus target price of $203.59.

ILLEGAL ACTIVITY WARNING: This piece was reported by TrueBlueTribune and is owned by of TrueBlueTribune. If you are viewing this story on another domain, it was illegally stolen and republished in violation of USA and worldwide copyright and trademark legislation. The Company conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum. The Firm operates through the identification and development of glycomimetic compounds segment. Optum is a health services business serving the healthcare marketplace, including payers, care providers, employers, governments, life sciences companies and consumers, through its OptumHealth, OptumInsight and OptumRx businesses.



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