Oregon Public Employees Retirement Fund buys $47,060,564 stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Oregon Public Employees Retirement Fund scooped up 104,705 additional shares in UnitedHealth Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 11, 2016. The investment management firm now holds a total of 340,821 shares of UnitedHealth Group Inc which is valued at $47,060,564.UnitedHealth Group Inc makes up approximately 1.02% of Oregon Public Employees Retirement Fund’s portfolio.

Other Hedge Funds, Including , Hays Advisory reduced its stake in UNH by selling 3,800 shares or 9.36% in the most recent quarter. The Hedge Fund company now holds 36,797 shares of UNH which is valued at $5,080,930. UnitedHealth Group Inc makes up approx 0.86% of Hays Advisory’s portfolio. Filament added UNH to its portfolio by purchasing 3,500 company shares during the most recent quarter which is valued at $478,310. UnitedHealth Group Inc makes up approx 0.22% of Filament’s portfolio.Curbstone Financial Management Corp reduced its stake in UNH by selling 900 shares or 17.65% in the most recent quarter. The Hedge Fund company now holds 4,200 shares of UNH which is valued at $577,920. UnitedHealth Group Inc makes up approx 0.19% of Curbstone Financial Management Corp’s portfolio.North Star Asset Management Inc reduced its stake in UNH by selling 27 shares or 0.24% in the most recent quarter. The Hedge Fund company now holds 11,206 shares of UNH which is valued at $1,541,946. UnitedHealth Group Inc makes up approx 0.17% of North Star Asset Management Inc’s portfolio.Lvm Capital Management Ltdmi boosted its stake in UNH in the latest quarter, The investment management firm added 1,485 additional shares and now holds a total of 5,634 shares of UnitedHealth Group Inc which is valued at $775,238. UnitedHealth Group Inc makes up approx 0.24% of Lvm Capital Management Ltdmi’s portfolio.

UnitedHealth Group Inc closed down -3.33 points or -2.41% at $134.75 with 33,53,588 shares getting traded on Tuesday. Post opening the session at $137.32, the shares hit an intraday low of $134.37 and an intraday high of $137.69 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

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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