Todd Asset Management Lowers stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Todd Asset Management reduced its stake in UnitedHealth Group Inc by 1.45% during the most recent quarter end. The investment management company now holds a total of 547,842 shares of UnitedHealth Group Inc which is valued at $70,671,618 after selling 8,038 shares in UnitedHealth Group Inc , the firm said in a disclosure report filed with the SEC on May 9, 2016.UnitedHealth Group Inc makes up approximately 2.18% of Todd Asset Management’s portfolio.

Other Hedge Funds, Including , White Pine Investment Co reduced its stake in UNH by selling 100 shares or 1.46% in the most recent quarter. The Hedge Fund company now holds 6,735 shares of UNH which is valued at $868,815. UnitedHealth Group Inc makes up approx 0.53% of White Pine Investment Co’s portfolio.Ncm Capital Management Group Inc reduced its stake in UNH by selling 50 shares or 4.17% in the most recent quarter. The Hedge Fund company now holds 1,150 shares of UNH which is valued at $151,846. UnitedHealth Group Inc makes up approx 1.88% of Ncm Capital Management Group Inc’s portfolio. Kalos Management sold out all of its stake in UNH during the most recent quarter. The investment firm sold 1,799 shares of UNH which is valued $237,540. Greenleaf Trust sold out all of its stake in UNH during the most recent quarter. The investment firm sold 1,871 shares of UNH which is valued $246,373.Glenmede Trust Co Na boosted its stake in UNH in the latest quarter, The investment management firm added 23,003 additional shares and now holds a total of 184,566 shares of UnitedHealth Group Inc which is valued at $24,303,651. UnitedHealth Group Inc makes up approx 0.16% of Glenmede Trust Co Na’s portfolio.

UnitedHealth Group Inc closed down -0.74 points or -0.57% at $129 with 31,37,335 shares getting traded on Friday. Post opening the session at $129.1, the shares hit an intraday low of $128.55 and an intraday high of $130.03 and the price fluctuated in this range throughout the day.Shares ended Friday 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. 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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