Morgens Waterfall Vintiadis Co Inc buys $6,466,050 stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Morgens Waterfall Vintiadis Co Inc scooped up 21,000 additional shares in UnitedHealth Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 21, 2016. The investment management firm now holds a total of 45,000 shares of UnitedHealth Group Inc which is valued at $6,466,050.UnitedHealth Group Inc makes up approximately 6.33% of Morgens Waterfall Vintiadis Co Inc’s portfolio.

Other Hedge Funds, Including , Ls Investment Advisors boosted its stake in UNH in the latest quarter, The investment management firm added 362 additional shares and now holds a total of 28,952 shares of UnitedHealth Group Inc which is valued at $4,160,113. UnitedHealth Group Inc makes up approx 0.28% of Ls Investment Advisors’s portfolio.Bristol John W Co Inc Ny reduced its stake in UNH by selling 30,784 shares or 5.76% in the most recent quarter. The Hedge Fund company now holds 503,428 shares of UNH which is valued at $70,857,491. UnitedHealth Group Inc makes up approx 1.93% of Bristol John W Co Inc Ny’s portfolio.Lvm Capital Management Ltdmi reduced its stake in UNH by selling 100 shares or 2.35% in the most recent quarter. The Hedge Fund company now holds 4,149 shares of UNH which is valued at $586,129. UnitedHealth Group Inc makes up approx 0.17% of Lvm Capital Management Ltdmi’s portfolio.

UnitedHealth Group Inc opened for trading at $141.36 and hit $143.03 on the upside on Thursday, eventually ending the session at $142.76, with a gain of 0.76% or 1.08 points. The heightened volatility saw the trading volume jump to 25,16,970 shares. Company has a market cap of $135,737 M.

On the company’s financial health, UnitedHealth Group Inc reported $1.96 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $1.89. The company had revenue of $46485.00 million for the quarter, compared to analysts expectations of $45039.08 million. The company’s revenue was up 28.2% 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. UnitedHealth Group Inc was Upgraded by Argus to ” Buy” on Jul 22, 2016. Company shares were Reiterated by RBC Capital Mkts on Jul 20, 2016 to “Outperform”, Firm has raised the Price Target to $ 165 from a previous price target of $157 .Company shares were Reiterated by Mizuho on Jul 19, 2016 to “Buy”, Firm has raised the Price Target to $ 160 from a previous price target of $156 .

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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