UnitedHealth Group Incorporated (UNH): Healthcare Stock in the Spotlight

Alicia Farmer
October 18, 2018

Penobscot Invest Mgmt Company stated it has 0.88% in UnitedHealth Group Incorporated (NYSE:UNH).

The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc.) made by the brokerage firms for the given stock. UnitedHealth Group accounts for about 0.6% of Louisiana State Employees Retirement System's investment portfolio, making the stock its 14th largest holding.

Several other institutional investors have also added to or reduced their stakes in the company. The stock has shown a quarterly performance of -4.75% and a half-year performance stands at -1.47%. One research analyst has rated the stock with a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the stock. Jennison Associates LLC grew its stake in shares of UnitedHealth Group by 12.0% during the second quarter. FMR LLC now owns 61,622,355 shares of the healthcare conglomerate's stock valued at $15,118,428,000 after buying an additional 2,981,233 shares in the last quarter. Maple Capital Management Inc. bought a new position in shares of UnitedHealth Group during the first quarter worth about $5,482,000.

The company repurchased 1.9 million shares in the third quarter, bringing year-to-date purchases to 15.7 million shares for $3.65 billion. The stock institutional ownership counted 88.30% while insider ownership held at 0.50%. Jefferies Financial Group increased their price objective on UnitedHealth Group from $270.00 to $311.00 and gave the stock a "buy" rating in a report on Wednesday, October 3rd. (NASDAQ:EYEG) as a Buy, with 2 consensus rating. The stock of UnitedHealth Group Incorporated (NYSE:UNH) earned "Overweight" rating by Morgan Stanley on Wednesday, July 18. UnitedHealth Group Incorporated (UNH) negotiated the trading capacity of 3544176 shares and observing the average volume of last three months the stock traded 2564.81K shares. Cantor Fitzgerald reaffirmed a "buy" rating and set a $300.00 price objective on shares of UnitedHealth Group in a report on Thursday, July 5th.

UNH opened at $267.30 on Thursday. The volatility in the shares has experienced by 3.41% in past week and observed of 3.79% in the previous month. The stock has beta of 0.82 suggest that this stock is less risky as compared to market beta of 1. UnitedHealth Group Inc has a 12 month low of $202.70 and a 12 month high of $272.81. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.75 and a quick ratio of 0.75. Unitedhealth Group Inc (NYSE:UNH)'s ATR-14 is at 4.74, while its weekly volatility is at 2.54% and monthly volatility is at 1.46%. The healthcare conglomerate reported $3.41 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $3.29 by $0.12.

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Total revenue rose 12.4 percent to $56.56 billion, slightly ahead of Wall Street estimates of $56.34 billion. In the same period of past year, the managed health care giant said it had EPS of $2.66 on $50.32 billion in revenue. The company's revenue for the quarter was up 12.1% on a year-over-year basis.

UnitedHealth Group Inc., based in Minneapolis, said Tuesday that it now expects per-share earnings of $12.80 this year, up from $11.80 to $12.05.

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 18th. Stockholders of record on Friday, September 7th were given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.35%. Montag A Assoc invested 0.55% in UnitedHealth Group Incorporated (NYSE:UNH). The insider RENFRO LARRY C sold 19,652 shares worth $5.00M. UnitedHealth Group Inc has a 1 year low of $196.37 and a 1 year high of $272.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The stock analysts must have an in-depth knowledge about the stock market, sector and trends so that they could make their precise, accurate and concrete analysis over the changing trends in the stock market.

SMA (Simple Moving Average): Its distance from 20 days simple moving average is -2.71%, and its distance from 50 days simple moving average is -2.26% while it has a distance of -2.09% from the 200 days simple moving average. The disclosure for this sale can be found here. In looking the SMA 200 we see that the stock has seen a 11.63%.The Company's net profit margin for the 12 months at 5.6%.

On The Other side UnitedHealth Group Incorporated a U.S. based Company, belongs to Healthcare sector and Health Care Plans industry.

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