Mitchell Mcleod Pugh Williams Inc Lowers stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Mitchell Mcleod Pugh Williams Inc reduced its stake in UnitedHealth Group Inc by 0.69% during the most recent quarter end. The investment management company now holds a total of 11,560 shares of UnitedHealth Group Inc which is valued at $1,550,543 after selling 80 shares in UnitedHealth Group Inc , the firm said in a disclosure report filed with the SEC on Apr 20, 2016.UnitedHealth Group Inc makes up approximately 1.22% of Mitchell Mcleod Pugh Williams Inc’s portfolio.

UnitedHealth Group Inc opened for trading at $133.72 and hit $134.33 on the upside on Friday, eventually ending the session at $134.13, with a gain of 0.88% or 1.17 points. The heightened volatility saw the trading volume jump to 27,82,768 shares. Company has a market cap of $127,514 M.

Other Hedge Funds, Including , Carroll Financial Associates reduced its stake in UNH by selling 81 shares or 4.97% in the most recent quarter. The Hedge Fund company now holds 1,550 shares of UNH which is valued at $207,902. UnitedHealth Group Inc makes up approx 0.04% of Carroll Financial Associates’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.Berkshire Asset Managementpa reduced its stake in UNH by selling 804 shares or 11.22% in the most recent quarter. The Hedge Fund company now holds 6,363 shares of UNH which is valued at $810,201. UnitedHealth Group Inc makes up approx 0.12% of Berkshire Asset Managementpa’s portfolio.Koshinski Asset Management reduced its stake in UNH by selling 132 shares or 2.2% in the most recent quarter. The Hedge Fund company now holds 5,857 shares of UNH which is valued at $745,772. UnitedHealth Group Inc makes up approx 0.48% of Koshinski Asset Management’s portfolio.Foundry Partners reduced its stake in UNH by selling 12,725 shares or 28.36% in the most recent quarter. The Hedge Fund company now holds 32,145 shares of UNH which is valued at $4,060,878. UnitedHealth Group Inc makes up approx 0.41% of Foundry Partners’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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