Bernstein Initiates Coverage on UnitedHealth Group Inc to Outperform

Bernstein Initiates Coverage on UnitedHealth Group Inc(NYSE:UNH). The shares have been rated Outperform. The rating by Bernstein was issued on Jun 16, 2016.

In a different note, Cleveland said it Initiates Coverage on UnitedHealth Group Inc, according to a research note issued on Apr 8, 2016. The shares have been rated ‘Buy’ by the firm.

UnitedHealth Group Inc (UNH) shares turned negative on Tuesdays trading session with the shares closing down -0.33 points or -0.24% at a volume of 20,21,426. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $139.23. The peak price level was also seen at $139.23 while the days lowest was $138.07. Finally the shares closed at $138.19. The 52-week high of the shares is $140.89 while the 52-week low is $95. According to the latest information available, the market cap of the company is $131,392 M.

UnitedHealth Group Inc(UNH) last announced its earnings results on Apr 19, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $44.53B. Analysts had an estimated revenue of $43.96B. Earnings per share were $1.81. Analysts had estimated an EPS of $1.72.

Several Insider Transactions has been reported to the SEC. On Jun 13, 2016, Gail R Wilensky (director) sold 5,500 shares at $139.80 per share price.Also, On May 17, 2016, Richard T Burke (director) sold 25,000 shares at $129.30 per share price.On Apr 22, 2016, Kenneth Irwin Shine (director) sold 962 shares at $132.28 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.

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