Delta Capital Management Lowers stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Delta Capital Management reduced its stake in UnitedHealth Group Inc by 0.71% during the most recent quarter end. The investment management company now holds a total of 37,384 shares of UnitedHealth Group Inc which is valued at $5,014,316 after selling 269 shares in UnitedHealth Group Inc , the firm said in a disclosure report filed with the SEC on Apr 19, 2016.UnitedHealth Group Inc makes up approximately 3.45% of Delta Capital Management’s portfolio.

UnitedHealth Group Inc opened for trading at $133.72 and hit $134.33 on the upside on Friday, eventually ending the session at $134.13, with a gain of 0.88% or 1.17 points. The heightened volatility saw the trading volume jump to 27,82,768 shares. Company has a market cap of $127,514 M.

Other Hedge Funds, Including , Handelsinvest Investeringsforvaltning sold out all of its stake in UNH during the most recent quarter. The investment firm sold 9,900 shares of UNH which is valued $1,327,887. Perkins Capital Management Inc sold out all of its stake in UNH during the most recent quarter. The investment firm sold 13,350 shares of UNH which is valued $1,790,636.Davis R M Inc boosted its stake in UNH in the latest quarter, The investment management firm added 283 additional shares and now holds a total of 2,595 shares of UnitedHealth Group Inc which is valued at $348,067. UnitedHealth Group Inc makes up approx 0.02% of Davis R M Inc’s portfolio.Private Trust Co Na boosted its stake in UNH in the latest quarter, The investment management firm added 298 additional shares and now holds a total of 6,864 shares of UnitedHealth Group Inc which is valued at $920,668. UnitedHealth Group Inc makes up approx 0.25% of Private Trust Co Na’s portfolio.Highland Capital Management reduced its stake in UNH by selling 16,602 shares or 48.36% in the most recent quarter. The Hedge Fund company now holds 17,727 shares of UNH which is valued at $2,257,179. UnitedHealth Group Inc makes up approx 0.19% of Highland Capital Management’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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