As Unitedhealth Group INC (UNH) Share Value Rose, Holder Strs Ohio Cut Its Position by $3.50 Million

March 17, 2018 - By reb123z

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.11, from 1.02 in 2017Q2. It is negative, as 46 investors sold UNH shares while 524 reduced holdings. 112 funds opened positions while 408 raised stakes. 810.94 million shares or 0.66% less from 816.36 million shares in 2017Q2 were reported. First City Inc reported 2,455 shares or 0.34% of all its holdings. Logan Management accumulated 0.35% or 25,004 shares. Chase Invest Counsel Corporation has invested 3.72% in UnitedHealth Group Incorporated (NYSE:UNH). Swarthmore stated it has 0.09% in UnitedHealth Group Incorporated (NYSE:UNH). Gam Ag invested in 37,200 shares. Ifrah Financial Svcs holds 0.42% in UnitedHealth Group Incorporated (NYSE:UNH) or 5,665 shares. Chieftain Cap Inc reported 2,085 shares. 5,041 are owned by Eqis Cap Management Inc. Fincl Bank Of Nova Scotia reported 0.31% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Meritage Portfolio Mgmt holds 37,354 shares or 0.72% of its portfolio. New York-based Asset has invested 0.34% in UnitedHealth Group Incorporated (NYSE:UNH). Blair William And Com Il owns 160,242 shares. Idaho-based Caprock Group Inc has invested 0.29% in UnitedHealth Group Incorporated (NYSE:UNH). Hollencrest Limited Liability Co invested in 0.03% or 1,028 shares. 1,664 were accumulated by Cornerstone Advsr.

Since October 19, 2017, it had 0 insider purchases, and 8 sales for $18.68 million activity. $4.79M worth of UnitedHealth Group Incorporated (NYSE:UNH) shares were sold by BURKE RICHARD T. On Thursday, December 14 RENFRO LARRY C sold $5.01 million worth of UnitedHealth Group Incorporated (NYSE:UNH) or 22,598 shares. The insider WILENSKY GAIL R sold 5,820 shares worth $1.40 million. Shares for $2.38M were sold by HOOPER MICHELE J on Wednesday, January 31. BALLARD WILLIAM C JR sold $2.46 million worth of UnitedHealth Group Incorporated (NYSE:UNH) on Tuesday, January 23. Shares for $48,025 were sold by Shine Kenneth Irwin on Friday, January 19.

Strs Ohio decreased its stake in Unitedhealth Group Inc (UNH) by 1.59% based on its latest 2017Q3 regulatory filing with the SEC. Strs Ohio sold 17,962 shares as the company’s stock rose 9.50% with the market. The institutional investor held 1.11M shares of the medical specialities company at the end of 2017Q3, valued at $218.34M, down from 1.13 million at the end of the previous reported quarter. Strs Ohio who had been investing in Unitedhealth Group Inc for a number of months, seems to be less bullish one the $220.49B market cap company. The stock decreased 0.71% or $1.62 during the last trading session, reaching $227.86. About 5.69M shares traded or 55.04% up from the average. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.76% since March 17, 2017 and is uptrending. It has outperformed by 16.06% the S&P500.

Strs Ohio, which manages about $23.29 billion US Long portfolio, upped its stake in Discover Financial (NYSE:DFS) by 102,874 shares to 1.26 million shares, valued at $80.92 million in 2017Q3, according to the filing. It also increased its holding in Transdigm Group Inc (NYSE:TDG) by 39,741 shares in the quarter, for a total of 310,900 shares, and has risen its stake in Boeing Co (NYSE:BA).

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on April, 17. They expect $2.92 earnings per share, up 23.21 % or $0.55 from last year’s $2.37 per share. UNH’s profit will be $2.83 billion for 19.51 P/E if the $2.92 EPS becomes a reality. After $2.59 actual earnings per share reported by UnitedHealth Group Incorporated for the previous quarter, Wall Street now forecasts 12.74 % EPS growth.

UnitedHealth Group Incorporated (NYSE:UNH) Ratings Coverage

Among 26 analysts covering UnitedHealth Group (NYSE:UNH), 26 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UnitedHealth Group has $280.0 highest and $124 lowest target. $218.91’s average target is -3.93% below currents $227.86 stock price. UnitedHealth Group had 81 analyst reports since September 2, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, July 19 by UBS. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Wednesday, October 18 by Leerink Swann. The rating was maintained by Jefferies on Wednesday, September 20 with “Buy”. The firm earned “Overweight” rating on Wednesday, June 7 by Morgan Stanley. On Wednesday, October 18 the stock rating was maintained by Bank of America with “Buy”. The company was maintained on Wednesday, July 19 by Barclays Capital. As per Wednesday, November 9, the company rating was downgraded by Mizuho. Jefferies maintained the stock with “Buy” rating in Tuesday, November 28 report. The stock has “Buy” rating by Piper Jaffray on Tuesday, January 16. The firm earned “Overweight” rating on Wednesday, January 4 by Piper Jaffray.

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