UnitedHealth Group Inc (UNH) : British Airways Pensions Investment Management Ltd scooped up 51,460 additional shares in UnitedHealth Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 390,988 shares of UnitedHealth Group Inc which is valued at $55,395,180.UnitedHealth Group Inc makes up approximately 1.63% of British Airways Pensions Investment Management Ltd’s portfolio.
Other Hedge Funds, Including , Calamos Advisors boosted its stake in UNH in the latest quarter, The investment management firm added 173,841 additional shares and now holds a total of 268,424 shares of UnitedHealth Group Inc which is valued at $38,030,312. UnitedHealth Group Inc makes up approx 0.35% of Calamos Advisors’s portfolio.Rkl Wealth Management boosted its stake in UNH in the latest quarter, The investment management firm added 2,420 additional shares and now holds a total of 7,016 shares of UnitedHealth Group Inc which is valued at $994,027. UnitedHealth Group Inc makes up approx 0.50% of Rkl Wealth Management’s portfolio.Cutler Group Lp reduced its stake in UNH by selling 7,519 shares or 62.93% in the most recent quarter. The Hedge Fund company now holds 4,429 shares of UNH which is valued at $626,615. UnitedHealth Group Inc makes up approx 0.04% of Cutler Group Lp’s portfolio.First Western Capital Management Co reduced its stake in UNH by selling 2,936 shares or 10.14% in the most recent quarter. The Hedge Fund company now holds 26,020 shares of UNH which is valued at $3,681,310. UnitedHealth Group Inc makes up approx 1.31% of First Western Capital Management Co’s portfolio.
UnitedHealth Group Inc opened for trading at $141.85 and hit $143.895 on the upside on Friday, eventually ending the session at $143.2, with a gain of 0.31% or 0.44 points. The heightened volatility saw the trading volume jump to 32,69,716 shares. Company has a market cap of $136,155 M.
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.