UnitedHealth Group Inc (UNH) was Initiated by Bernstein to “Outperform”. Bernstein advised their investors in a research report released on Jun 16, 2016.
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 .
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.
UnitedHealth Group Inc opened for trading at $137.74 and hit $138.17 on the upside on Wednesday, eventually ending the session at $137.26, with a gain of 0.01% or 0.015 points. The heightened volatility saw the trading volume jump to 23,69,365 shares. Company has a market cap of $130,507 M.
In a different news, on Jun 13, 2016, Gail R Wilensky (director) sold 5,500 shares at $139.80 per share price. According to the SEC, on May 17, 2016, Richard T Burke (director) sold 25,000 shares at $129.30 per share price. On Apr 22, 2016, Kenneth Irwin Shine (director) sold 962 shares at $132.28 per share price, according to the Form-4 filing with the securities and exchange commission.
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.