Nevsky Capital Llp Lowers stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Nevsky Capital Llp reduced its stake in UnitedHealth Group Inc by 90.51% during the most recent quarter end. The investment management company now holds a total of 39,000 shares of UnitedHealth Group Inc which is valued at $5,231,070 after selling 372,000 shares in UnitedHealth Group Inc , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.UnitedHealth Group Inc makes up approximately 15.63% of Nevsky Capital Llp’s portfolio.

UnitedHealth Group Inc closed down -1.44 points or -1.07% at $132.8 with 33,58,755 shares getting traded on Wednesday. Post opening the session at $134.34, the shares hit an intraday low of $131.9 and an intraday high of $134.58 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Palisade Asset Management boosted its stake in UNH in the latest quarter, The investment management firm added 3,765 additional shares and now holds a total of 51,476 shares of UnitedHealth Group Inc which is valued at $6,554,439. UnitedHealth Group Inc makes up approx 1.27% of Palisade Asset Management’s portfolio.Osborn Rohs Williams Donohoe Ltd boosted its stake in UNH in the latest quarter, The investment management firm added 150 additional shares and now holds a total of 8,951 shares of UnitedHealth Group Inc which is valued at $1,139,731. UnitedHealth Group Inc makes up approx 0.23% of Osborn Rohs Williams Donohoe Ltd’s portfolio.Needelman Asset Management Inc reduced its stake in UNH by selling 135 shares or 1.24% in the most recent quarter. The Hedge Fund company now holds 10,775 shares of UNH which is valued at $1,361,206. UnitedHealth Group Inc makes up approx 4.00% of Needelman Asset Management Inc’s portfolio.Chicago Trust Co Na reduced its stake in UNH by selling 60 shares or 1.37% in the most recent quarter. The Hedge Fund company now holds 4,309 shares of UNH which is valued at $544,356. UnitedHealth Group Inc makes up approx 0.24% of Chicago Trust Co Na’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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