UnitedHealth Group Inc (UNH) was Reiterated by RBC Capital Mkts to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 165 from a previous price target of $157 . RBC Capital Mkts advised their investors in a research report released on Jul 20, 2016.
Many Wall Street Analysts have commented on UnitedHealth Group Inc. 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 Inc was Initiated by Bernstein to “Outperform” on Jun 16, 2016.
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.
UnitedHealth Group Inc closed down -0.58 points or -0.41% at $140.75 with 41,66,290 shares getting traded on Monday. Post opening the session at $141.76, the shares hit an intraday low of $139.62 and an intraday high of $141.9 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on Jun 20, 2016, William C Jr Ballard (director) sold 5,000 shares at $138.58 per share price. According to the SEC, on Jun 13, 2016, Gail R Wilensky (director) sold 5,500 shares at $139.80 per share price. On May 17, 2016, Richard T Burke (director) sold 25,000 shares at $129.30 per share price, according to the Form-4 filing with the securities and exchange commission.
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.