E&g Advisors Lp Lowers stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : E&g Advisors Lp reduced its stake in UnitedHealth Group Inc by 0.11% during the most recent quarter end. The investment management company now holds a total of 22,850 shares of UnitedHealth Group Inc which is valued at $2,909,491 after selling 25 shares in UnitedHealth Group Inc , the firm said in a disclosure report filed with the SEC on Apr 12, 2016.UnitedHealth Group Inc makes up approximately 1.89% of E&g Advisors Lp’s portfolio.

UnitedHealth Group Inc closed down -0.65 points or -0.51% at $127.33 with 28,35,230 shares getting traded on Friday. Post opening the session at $127.89, the shares hit an intraday low of $126.22 and an intraday high of $128.06 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Dnb Asset Management As boosted its stake in UNH in the latest quarter, The investment management firm added 450,500 additional shares and now holds a total of 546,102 shares of UnitedHealth Group Inc which is valued at $69,535,168. UnitedHealth Group Inc makes up approx 1.43% of Dnb Asset Management As’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.Lgt Capital Partners Ltd. boosted its stake in UNH in the latest quarter, The investment management firm added 24,550 additional shares and now holds a total of 105,490 shares of UnitedHealth Group Inc which is valued at $13,326,552. UnitedHealth Group Inc makes up approx 2.41% of Lgt Capital Partners Ltd.’s portfolio.Mai Capital Management boosted its stake in UNH in the latest quarter, The investment management firm added 8,387 additional shares and now holds a total of 98,913 shares of UnitedHealth Group Inc which is valued at $12,495,679. UnitedHealth Group Inc makes up approx 1.03% of Mai Capital Management’s portfolio.

On the company’s financial health, UnitedHealth Group Inc reported $1.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jan 19, 2016. Analyst had a consensus of $1.37. The company had revenue of $43599.00 million for the quarter, compared to analysts expectations of $43097.07 million. The company’s revenue was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.64 EPS.

Many Wall Street Analysts have commented on UnitedHealth Group Inc. 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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