Acropolis Investment Management Lowers stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Acropolis Investment Management reduced its stake in UnitedHealth Group Inc by 0.08% during the most recent quarter end. The investment management company now holds a total of 24,045 shares of UnitedHealth Group Inc which is valued at $3,384,334 after selling 20 shares in UnitedHealth Group Inc , the firm said in a disclosure report filed with the SEC on Jul 15, 2016.UnitedHealth Group Inc makes up approximately 0.63% of Acropolis Investment Management’s portfolio.

Other Hedge Funds, Including , Pioneer Trust Bank N Aor boosted its stake in UNH in the latest quarter, The investment management firm added 1,835 additional shares and now holds a total of 39,890 shares of UnitedHealth Group Inc which is valued at $5,614,518. UnitedHealth Group Inc makes up approx 3.31% of Pioneer Trust Bank N Aor’s portfolio.Johanson Financial Advisors boosted its stake in UNH in the latest quarter, The investment management firm added 624 additional shares and now holds a total of 5,024 shares of UnitedHealth Group Inc which is valued at $707,128. UnitedHealth Group Inc makes up approx 0.81% of Johanson Financial Advisors’s portfolio.Vontobel Asset Management Inc reduced its stake in UNH by selling 90,521 shares or 4.45% in the most recent quarter. The Hedge Fund company now holds 1,942,242 shares of UNH which is valued at $274,788,398. UnitedHealth Group Inc makes up approx 2.25% of Vontobel Asset Management Inc’s portfolio. Franklin Street Advisors Inc Nc added UNH to its portfolio by purchasing 1,475 company shares during the most recent quarter which is valued at $208,683. UnitedHealth Group Inc makes up approx 0.04% of Franklin Street Advisors Inc Nc’s portfolio.Patten Patten Inctn reduced its stake in UNH by selling 115 shares or 2.3% in the most recent quarter. The Hedge Fund company now holds 4,890 shares of UNH which is valued at $690,810. UnitedHealth Group Inc makes up approx 0.09% of Patten Patten Inctn’s portfolio.

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.

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. 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.

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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