Signature Estate Investment Advisors buys $14,629,453 stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Signature Estate Investment Advisors scooped up 2,777 additional shares in UnitedHealth Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 15, 2016. The investment management firm now holds a total of 114,894 shares of UnitedHealth Group Inc which is valued at $14,629,453.UnitedHealth Group Inc makes up approximately 2.40% of Signature Estate Investment Advisors’s portfolio.

UnitedHealth Group Inc closed down -0.97 points or -0.72% at $132.96 with 37,86,006 shares getting traded on Wednesday. Post opening the session at $133.56, the shares hit an intraday low of $132.43 and an intraday high of $134 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Coastline Trust Co boosted its stake in UNH in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 28,825 shares of UnitedHealth Group Inc which is valued at $3,670,287. UnitedHealth Group Inc makes up approx 0.78% of Coastline Trust Co’s portfolio.Central Trust Co reduced its stake in UNH by selling 594 shares or 0.98% in the most recent quarter. The Hedge Fund company now holds 60,169 shares of UNH which is valued at $7,661,319. UnitedHealth Group Inc makes up approx 0.60% of Central Trust Co’s portfolio.River Mercantile Asset Management Llp reduced its stake in UNH by selling 2,075 shares or 11.36% in the most recent quarter. The Hedge Fund company now holds 16,189 shares of UNH which is valued at $2,045,156. UnitedHealth Group Inc makes up approx 1.34% of River Mercantile Asset Management Llp’s portfolio.Proficio Capital Partners reduced its stake in UNH by selling 71 shares or 28.63% in the most recent quarter. The Hedge Fund company now holds 177 shares of UNH which is valued at $22,360. UnitedHealth Group Inc makes up approx 0.02% of Proficio Capital Partners’s portfolio.Ct Financial Advisors reduced its stake in UNH by selling 46 shares or 0.85% in the most recent quarter. The Hedge Fund company now holds 5,385 shares of UNH which is valued at $680,287. UnitedHealth Group Inc makes up approx 0.40% of Ct Financial Advisors’s portfolio.

On the company’s financial health, UnitedHealth Group Inc reported $1.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Apr 19, 2016. Analyst had a consensus of $1.72. The company had revenue of $44527.00 million for the quarter, compared to analysts expectations of $44278.96 million. The company’s revenue was up 24.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.46 EPS.

Many Wall Street Analysts have commented on UnitedHealth Group Inc. Company shares were Reiterated by Mizuho on Apr 20, 2016 to “Buy”, Firm has raised the Price Target to $ 156 from a previous price target of $150 .Company shares were Reiterated by FBR Capital on Apr 19, 2016 to “Outperform”, Firm has raised the Price Target to $ 145 from a previous price target of $130 .Company shares were Reiterated by Mizuho on Mar 15, 2016 to “Buy”, Firm has raised the Price Target to $ 150 from a previous price target of $131 .

UnitedHealth Group Incorporated is a health and well-being company. The Company’s business platforms include UnitedHealthcare and Optum. UnitedHealthcare provides health care benefits to various customers and markets. Optum is a health services business serving the health care marketplace including payers care providers employers Governments life sciences companies and consumers. The Company’s business platforms have four segments: UnitedHealthcare OptumHealth OptumInsight and OptumRx. UnitedHealthcare includes UnitedHealthcare Employer & Individual UnitedHealthcare Medicare & Retirement UnitedHealthcare Community & State and UnitedHealthcare Global. OptumHealth is a health and wellness business serving the physical emotional and financial needs of individuals. OptumInsight provides technology operational and consulting services to participants in the health care industry. OptumRx provides a range of pharmacy benefit management (PBM) services.

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