UnitedHealth Group Inc (UNH) : Cue Financial Group reduced its stake in UnitedHealth Group Inc by 8.88% during the most recent quarter end. The investment management company now holds a total of 10,744 shares of UnitedHealth Group Inc which is valued at $1,520,061 after selling 1,047 shares in UnitedHealth Group Inc , the firm said in a disclosure report filed with the SEC on Jul 12, 2016.UnitedHealth Group Inc makes up approximately 1.27% of Cue Financial Group’s portfolio.
Other Hedge Funds, Including , Campbell Newman Asset Management Inc reduced its stake in UNH by selling 14,997 shares or 9.97% in the most recent quarter. The Hedge Fund company now holds 135,439 shares of UNH which is valued at $19,161,910. UnitedHealth Group Inc makes up approx 3.40% of Campbell Newman Asset Management Inc’s portfolio. Webster Bank N. A. sold out all of its stake in UNH during the most recent quarter. The investment firm sold 1,593 shares of UNH which is valued $225,378. Hefty Wealth Partners sold out all of its stake in UNH during the most recent quarter. The investment firm sold 774 shares of UNH which is valued $109,506.Chevy Chase Trust Holdings boosted its stake in UNH in the latest quarter, The investment management firm added 28,945 additional shares and now holds a total of 1,095,944 shares of UnitedHealth Group Inc which is valued at $154,824,009. UnitedHealth Group Inc makes up approx 0.85% of Chevy Chase Trust Holdings’s portfolio.Chicago Trust Co Na reduced its stake in UNH by selling 648 shares or 15.04% in the most recent quarter. The Hedge Fund company now holds 3,661 shares of UNH which is valued at $517,189. UnitedHealth Group Inc makes up approx 0.22% of Chicago Trust Co Na’s portfolio.
UnitedHealth Group Inc opened for trading at $141.65 and hit $142.78 on the upside on Friday, eventually ending the session at $141.33, with a gain of 0.35% or 0.49 points. The heightened volatility saw the trading volume jump to 37,48,675 shares. Company has a market cap of $134,377 M.
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.