Investors Sell Shares of UnitedHealth Group Incorporated (NYSE:UNH) on Strength (NYSE:UNH)

Traders sold shares of UnitedHealth Group Incorporated (NYSE:UNH) on strength during trading hours on Friday. $95.34 million flowed into the stock on the tick-up and $125.50 million flowed out of the stock on the tick-down, for a money net flow of $30.16 million out of the stock. Of all companies tracked, UnitedHealth Group had the 0th highest net out-flow for the day. UnitedHealth Group traded up $0.45 for the day and closed at $193.02

UNH has been the topic of a number of analyst reports. Mizuho increased their price objective on UnitedHealth Group from $178.00 to $200.00 and gave the company a “buy” rating in a report on Tuesday, April 18th. Stifel Nicolaus reissued a “buy” rating and set a $185.00 price objective on shares of UnitedHealth Group in a report on Wednesday, April 19th. Evercore ISI reissued an “outperform” rating and set a $185.00 price objective on shares of UnitedHealth Group in a report on Wednesday, April 19th. Credit Suisse Group increased their price objective on UnitedHealth Group from $185.00 to $188.00 and gave the company an “outperform” rating in a report on Wednesday, April 19th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $187.00 price objective (up previously from $183.00) on shares of UnitedHealth Group in a report on Saturday, April 22nd. One equities research analyst has rated the stock with a hold rating and twenty-four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $202.20.

The company has a market capitalization of $186.62 billion, a price-to-earnings ratio of 23.19 and a beta of 0.64. The company has a 50-day moving average of $189.36 and a 200-day moving average of $174.75.

UnitedHealth Group (NYSE:UNH) last posted its earnings results on Tuesday, July 18th. The healthcare conglomerate reported $2.46 EPS for the quarter, beating the consensus estimate of $2.38 by $0.08. UnitedHealth Group had a return on equity of 21.52% and a net margin of 4.32%. The company had revenue of $50.05 billion for the quarter, compared to the consensus estimate of $49.97 billion. During the same quarter in the prior year, the business earned $1.96 earnings per share. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. Analysts forecast that UnitedHealth Group Incorporated will post $9.87 earnings per share for the current fiscal year.

In related news, Director Gail R. Wilensky sold 5,540 shares of the stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $178.74, for a total transaction of $990,219.60. Following the sale, the director now owns 60,516 shares of the company’s stock, valued at $10,816,629.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William C. Ballard, Jr. sold 5,000 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $193.98, for a total value of $969,900.00. Following the sale, the director now directly owns 76,058 shares in the company, valued at approximately $14,753,730.84. The disclosure for this sale can be found here. Insiders sold 15,540 shares of company stock worth $2,873,320 in the last ninety days. 0.89% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of the company. Univest Corp of Pennsylvania increased its stake in shares of UnitedHealth Group by 6.8% in the first quarter. Univest Corp of Pennsylvania now owns 1,482 shares of the healthcare conglomerate’s stock worth $243,000 after buying an additional 95 shares in the last quarter. Carroll Financial Associates Inc. increased its stake in shares of UnitedHealth Group by 20.3% in the first quarter. Carroll Financial Associates Inc. now owns 1,863 shares of the healthcare conglomerate’s stock worth $305,000 after buying an additional 315 shares in the last quarter. National Pension Service increased its stake in shares of UnitedHealth Group by 2.2% in the first quarter. National Pension Service now owns 633,969 shares of the healthcare conglomerate’s stock worth $104,599,000 after buying an additional 13,502 shares in the last quarter. Country Club Trust Company n.a. bought a new stake in shares of UnitedHealth Group during the first quarter worth about $202,000. Finally, Quadrant Capital Group LLC increased its stake in shares of UnitedHealth Group by 4.4% in the first quarter. Quadrant Capital Group LLC now owns 4,244 shares of the healthcare conglomerate’s stock worth $684,000 after buying an additional 180 shares in the last quarter. 86.37% of the stock is currently owned by institutional investors and hedge funds.

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UnitedHealth Group Company Profile

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

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