Endurant Capital Management Lp Lowers stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Endurant Capital Management Lp reduced its stake in UnitedHealth Group Inc by 4.14% during the most recent quarter end. The investment management company now holds a total of 69,506 shares of UnitedHealth Group Inc which is valued at $9,931,017 after selling 3,000 shares in UnitedHealth Group Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.UnitedHealth Group Inc makes up approximately 2.82% of Endurant Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Cubic Asset Management reduced its stake in UNH by selling 15 shares or 0.04% in the most recent quarter. The Hedge Fund company now holds 38,126 shares of UNH which is valued at $5,447,443. UnitedHealth Group Inc makes up approx 1.79% of Cubic Asset Management’s portfolio.Sentry Investments Corp. boosted its stake in UNH in the latest quarter, The investment management firm added 123,600 additional shares and now holds a total of 1,033,600 shares of UnitedHealth Group Inc which is valued at $147,680,768. UnitedHealth Group Inc makes up approx 1.98% of Sentry Investments Corp.’s portfolio.Ssi Investment Management Inc boosted its stake in UNH in the latest quarter, The investment management firm added 59 additional shares and now holds a total of 4,362 shares of UnitedHealth Group Inc which is valued at $622,152. UnitedHealth Group Inc makes up approx 0.17% of Ssi Investment Management Inc’s portfolio.Agf Investments boosted its stake in UNH in the latest quarter, The investment management firm added 334,776 additional shares and now holds a total of 423,387 shares of UnitedHealth Group Inc which is valued at $60,493,535. UnitedHealth Group Inc makes up approx 0.66% of Agf Investments’s portfolio.Burt Wealth Advisors reduced its stake in UNH by selling 237 shares or 1.14% in the most recent quarter. The Hedge Fund company now holds 20,572 shares of UNH which is valued at $2,955,991. UnitedHealth Group Inc makes up approx 2.60% of Burt Wealth Advisors’s portfolio.

UnitedHealth Group Inc closed down -0.31 points or -0.23% at $135.74 with 27,65,361 shares getting traded on Thursday. Post opening the session at $136.82, the shares hit an intraday low of $135.35 and an intraday high of $136.98 and the price fluctuated in this range throughout the day.Shares ended Thursday 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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