UnitedHealth Group Inc (UNH) : First American Trust Fsb reduced its stake in UnitedHealth Group Inc by 5.64% during the most recent quarter end. The investment management company now holds a total of 25,910 shares of UnitedHealth Group Inc which is valued at $3,660,306 after selling 1,550 shares in UnitedHealth Group Inc , the firm said in a disclosure report filed with the SEC on Jul 6, 2016.UnitedHealth Group Inc makes up approximately 1.28% of First American Trust Fsb’s portfolio.
Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa reduced its stake in UNH by selling 170,080 shares or 53.75% in the most recent quarter. The Hedge Fund company now holds 146,326 shares of UNH which is valued at $20,671,474. UnitedHealth Group Inc makes up approx 0.09% of Bnp Paribas Arbitrage Sa’s portfolio.Needelman Asset Management Inc reduced its stake in UNH by selling 75 shares or 0.7% in the most recent quarter. The Hedge Fund company now holds 10,700 shares of UNH which is valued at $1,514,692. UnitedHealth Group Inc makes up approx 4.35% of Needelman Asset Management Inc’s portfolio.Integrated Investment Consultants reduced its stake in UNH by selling 31 shares or 3.27% in the most recent quarter. The Hedge Fund company now holds 916 shares of UNH which is valued at $129,669. UnitedHealth Group Inc makes up approx 0.07% of Integrated Investment Consultants’s portfolio.Deane Retirement Strategies reduced its stake in UNH by selling 374 shares or 2.99% in the most recent quarter. The Hedge Fund company now holds 12,153 shares of UNH which is valued at $1,720,379. UnitedHealth Group Inc makes up approx 1.55% of Deane Retirement Strategies’s portfolio.First Financial Bank N.a. – Trust Division boosted its stake in UNH in the latest quarter, The investment management firm added 21 additional shares and now holds a total of 7,847 shares of UnitedHealth Group Inc which is valued at $1,110,821. UnitedHealth Group Inc makes up approx 0.22% of First Financial Bank N.a. – Trust Division’s portfolio.
UnitedHealth Group Inc closed down -0.95 points or -0.67% at $140.32 with 40,83,998 shares getting traded on Monday. Post opening the session at $141.27, the shares hit an intraday low of $140.01 and an intraday high of $141.6 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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. UnitedHealth Group Inc was Initiated by Bernstein to “Outperform” on Jun 16, 2016. 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 .
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.