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 $ 175 from a previous price target of $168 . RBC Capital Mkts advised their investors in a research report released on Nov 30, 2016.
Many Wall Street Analysts have commented on UnitedHealth Group Inc. Mizuho Upgraded UnitedHealth Group Inc on Nov 30, 2016 to ” Buy”, Price Target of the shares are set at $178.UnitedHealth Group Inc was Downgraded by Mizuho to ” Neutral” on Nov 9, 2016. Company shares were Reiterated by Mizuho on Oct 19, 2016 to “Buy”, Firm has raised the Price Target to $ 169 from a previous price target of $160 .
On the company’s financial health, UnitedHealth Group Inc reported $2.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Oct 18, 2016. Analyst had a consensus of $2.08. The company had revenue of $46293.00 million for the quarter, compared to analysts expectations of $46061.01 million. The company’s revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.65 EPS.
UnitedHealth Group Inc opened for trading at $156.94 and hit $158.1239 on the upside on Tuesday, eventually ending the session at $157.59, with a gain of 3.60% or 5.48 points. The heightened volatility saw the trading volume jump to 58,27,435 shares. Company has a market cap of $149,997 M.
In a different news, on Nov 21, 2016, Gail R Wilensky (director) sold 5,460 shares at $150.55 per share price. According to the SEC, on Nov 16, 2016, William C Jr Ballard (director) sold 3,000 shares at $151.21 per share price. On Sep 9, 2016, Richard T Burke (director) sold 40,000 shares at $135.30 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.