British Airways Pensions Investment Management Ltd buys $44,831,277 stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : British Airways Pensions Investment Management Ltd scooped up 177,038 additional shares in UnitedHealth Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 339,528 shares of UnitedHealth Group Inc which is valued at $44,831,277.UnitedHealth Group Inc makes up approximately 1.39% of British Airways Pensions Investment Management Ltd’s portfolio.

Other Hedge Funds, Including , Richard Bernstein Advisors sold out all of its stake in UNH during the most recent quarter. The investment firm sold 33,643 shares of UNH which is valued $4,442,222.Meristem Llp reduced its stake in UNH by selling 10 shares or 0.41% in the most recent quarter. The Hedge Fund company now holds 2,414 shares of UNH which is valued at $317,876. UnitedHealth Group Inc makes up approx 0.14% of Meristem Llp’s portfolio.Sonata Capital Group Inc reduced its stake in UNH by selling 200 shares or 9.3% in the most recent quarter. The Hedge Fund company now holds 1,950 shares of UNH which is valued at $256,776. UnitedHealth Group Inc makes up approx 0.22% of Sonata Capital Group Inc’s portfolio.Dividend Asset Capital boosted its stake in UNH in the latest quarter, The investment management firm added 1,780 additional shares and now holds a total of 5,370 shares of UnitedHealth Group Inc which is valued at $720,278. UnitedHealth Group Inc makes up approx 0.02% of Dividend Asset Capital’s portfolio.First Citizens Bank Trust Co reduced its stake in UNH by selling 5,486 shares or 4.67% in the most recent quarter. The Hedge Fund company now holds 111,958 shares of UNH which is valued at $15,016,927. UnitedHealth Group Inc makes up approx 1.24% of First Citizens Bank Trust Co’s portfolio.

UnitedHealth Group Inc opened for trading at $132.92 and hit $133.6 on the upside on Tuesday, eventually ending the session at $133.57, with a gain of 0.68% or 0.9 points. The heightened volatility saw the trading volume jump to 22,23,552 shares. Company has a market cap of $126,999 M.

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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