Bernstein Reaffirms Outperform Rating for UnitedHealth Group Incorporated (UNH)

Mae Love
October 11, 2017

UnitedHealth Group Incorporated has a one year low of $133.03 and a one year high of $200.76. Nikko Asset Mgmt Americas owns 8,100 shares for 0.09% of their portfolio. About 3.78M shares traded.

Short traders are feeling a little more bullish on shares of UnitedHealth Group Incorporated of late at least if you consider the decrease in short interest. It has outperformed by 16.06% the S&P500. Palisade Asset Management LLC's holdings in UnitedHealth Group were worth $10,202,000 as of its most recent SEC filing. The company has market cap of $4.70 billion. Carroll Fin Associate Inc, a North Carolina-based fund reported 1,795 shares. Slate Path Capital Lp who had been investing in Twitter Inc for a number of months, seems to be bullish on the $12.85B market cap company. The stock decreased 0.89% or $1.76 during the last trading session, reaching $196.3. The total number of shares traded in the last 12 months is 966,329. It has outperformed by 6.31% the S&P500.

Since May 4, 2017, it had 0 buys, and 3 sales for $10.13 million activity.

In other news, Director Gail R. Wilensky sold 5,600 shares of the business's stock in a transaction on Tuesday, September 5th.

Among 13 analysts covering Approach Resources (NASDAQ:AREX), 2 have Buy rating, 1 Sell and 10 Hold. Therefore 25% are positive.

In other UnitedHealth Group news, insider Larry C. Renfro sold 50,574 shares of the firm's stock in a transaction dated Friday, September 15th. Deutsche Bank AG upped their price target on UnitedHealth Group from $187.00 to $197.00 and gave the company a "buy" rating in a research report on Thursday, July 13th.

July 19 investment analysts at Barclays maintained a company rating of "Overweight" but moved up the price target to $217.00 from $164.00. The firm has "Buy" rating by Cantor Fitzgerald given on Tuesday, August 29. The company was upgraded on Wednesday, October 26 by Suntrust Robinson. As per Thursday, September 10, the company rating was initiated by BTIG Research.

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The company also recently declared a quarterly dividend, which was paid on Tuesday, September 19th. Linscomb & Williams Inc. now owns 1,780 shares of the healthcare conglomerate's stock valued at $292,000 after acquiring an additional 127 shares during the last quarter. State Of Alaska Department Of Revenue holds 0.04% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 3,426 shares.

Nordea Investment Management Ab increased Unitedhealth Group (UNH) stake by 1.26% reported in 2017Q2 SEC filing. Its up 0.24, from 1.26 in 2017Q1.

Palisade Asset Management LLC boosted its holdings in UnitedHealth Group Incorporated (NYSE:UNH) by 9.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. Price T Rowe Assocs Md reported 55,021 shares or 0% of all its holdings. Tortoise Invest Limited Company owns 0.33% invested in UnitedHealth Group Inc (NYSE:UNH) for 5,500 shares. Aviance Mgmt Lc holds 0.09% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 7,895 shares. Hilltop Hldg stated it has 1,947 shares. Commonwealth Equity Services Incorporated holds 125,992 shares or 0.15% of its portfolio.

Shares of UnitedHealth Group Incorporated (NYSE:UNH) opened at 196.30 on Tuesday. Lourd Capital Limited Com, a California-based fund reported 1,275 shares. (NASDAQ:AREX). City Communication stated it has 2,500 shares. Parkside Financial Bank & Trust grew its position in shares of UnitedHealth Group by 1.4% in the first quarter. Middleton & Ma holds 14,805 shares. Following the completion of the sale, the director now directly owns 76,058 shares of the company's stock, valued at $14,753,730.84. (NYSE:SLB). American Tru Investment Advsr Limited Liability accumulated 24,327 shares. Janus Henderson Group PLC now owns 2,388,641 shares of the healthcare conglomerate's stock worth $442,896,000 after buying an additional 2,264,242 shares during the period.

Several institutional investors have recently modified their holdings of UNH. Two equities research analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the company's stock. Therefore 10% are positive. Bonavista Energy had 32 analyst reports since July 21, 2015 according to SRatingsIntel. (NYSE:SLB) on Thursday, April 20 to "Buy" rating. Guardian Capital Advisors Lp bought 19,610 shares as the company's stock rose 3.63% with the market. The firm earned "Buy" rating on Friday, March 24 by Jefferies. The company has a market capitalization of $189.79 billion, a PE ratio of 23.58 and a beta of 0.63. The legal version of this piece of content can be accessed at https://www.truebluetribune.com/2017/10/10/sanford-c-bernstein-reaffirms-outperform-rating-for-unitedhealth-group-incorporated-unh.html. Cantor Fitzgerald maintained it with "Overweight" rating and $200 target in Friday, April 7 report. Citigroup upgraded BT Group plc (ADR) (NYSE:BT) on Monday, June 27 to "Buy" rating. RBC Capital Markets has "Buy" rating and $212.0 target. The firm has "Perform" rating given on Friday, October 28 by Oppenheimer.

Investors sentiment decreased to 0.88 in 2017 Q2. Its up 0.04, from 0.98 in 2017Q1. The shares were sold at an average price of $199.49, for a total transaction of $1,117,144.00. 91 funds opened positions while 513 raised stakes. Moreover, Qci Asset New York has 0.01% invested in Oracle Corporation (NYSE:ORCL). Caisse De Depot Et Placement Du Quebec reported 51,000 shares. The institutional investor held 384,587 shares of the medical specialities company at the end of 2017Q2, valued at $71.31 million, down from 406,447 at the end of the previous reported quarter.

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