Redwood Investments buys $23,164,117 stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Redwood Investments scooped up 1,373 additional shares in UnitedHealth Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 20, 2016. The investment management firm now holds a total of 172,699 shares of UnitedHealth Group Inc which is valued at $23,164,117.UnitedHealth Group Inc makes up approximately 2.27% of Redwood Investments’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 , Murphy Pohlad Asset Management boosted its stake in UNH in the latest quarter, The investment management firm added 45 additional shares and now holds a total of 13,914 shares of UnitedHealth Group Inc which is valued at $1,866,285. UnitedHealth Group Inc makes up approx 1.38% of Murphy Pohlad Asset Management’s portfolio.Bristol John W Co Inc Ny reduced its stake in UNH by selling 20,258 shares or 3.65% in the most recent quarter. The Hedge Fund company now holds 534,212 shares of UNH which is valued at $71,653,856. UnitedHealth Group Inc makes up approx 1.89% of Bristol John W Co Inc Ny’s portfolio.Bremer Trust National Association boosted its stake in UNH in the latest quarter, The investment management firm added 624 additional shares and now holds a total of 14,887 shares of UnitedHealth Group Inc which is valued at $1,895,562. UnitedHealth Group Inc makes up approx 0.54% of Bremer Trust National Association’s portfolio.Kistler-tiffany Companies boosted its stake in UNH in the latest quarter, The investment management firm added 81 additional shares and now holds a total of 3,468 shares of UnitedHealth Group Inc which is valued at $438,112. UnitedHealth Group Inc makes up approx 0.25% of Kistler-tiffany Companies’s portfolio.First American Trust Fsb reduced its stake in UNH by selling 7,427 shares or 21.29% in the most recent quarter. The Hedge Fund company now holds 27,460 shares of UNH which is valued at $3,469,022. UnitedHealth Group Inc makes up approx 1.23% of First American Trust Fsb’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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