Stock Trend Analysis Report: UnitedHealth Group Incorporated (UNH)

Paterniano Del Favero
Agosto 24, 2017

Envestnet Asset Management Inc. raised its stake in UnitedHealth Group by 1.9% in the first quarter. The stock declined 0.27% or $0.53 reaching $194.21 on the news.

Breton Hill Capital Ltd. raised its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 38.0% during the second quarter, according to its most recent 13F filing with the SEC. It has outperformed by 2.72% the S&P500. 797.06 million shares or 0.34% more from 794.39 million shares in 2016Q3 were reported. The 1 year EPS growth rate is 20.60%. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 1.04%, whereas SMA50 and SMA200 are 3.31% and 14.32% respectively. About 847,926 shares traded. It has outperformed by 23.50% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 5 insider sales for $21.07 million activity.

In other UnitedHealth Group news, Director Richard T. Burke unloaded 15,000 stocks of the shares in a trade that took place on Mon, Aug 21st. UnitedHealth Group Incorporated (UNH) average trading volume of 2,424,820 during the past month is 28.45% below its average volume over the past year, indicating that investors have been less active than usual in the stock in recent times. The shares were sold at an average price of $193.98, for a total value of $969,900.00. Gulf Interest Savings Bank (Uk) invested in 291,714 shares or 0.72% of the stock. It also reduced First Tr Dynamic Europe Eqt stake by 53,836 shares and now owns 24,694 shares.

Investors sentiment increased to 1.07 in 2016 Q4.

US based company, UnitedHealth Group Incorporated (UNH)'s latest closing price was 12.88% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 1.96% and -0.36% compared with the 20 Day Moving Average.

Several other hedge funds have also made changes to their positions in UNH. The funds in our partner's database now own: 804.47 million shares, up from 795.86 million shares in 2016Q3. Nomura has invested 0.01% in Williams Companies Inc (NYSE:WMB). James Investment Research Incorporated has invested 0.2% of its portfolio in UnitedHealth Group Inc (NYSE:UNH).

Confluence Investment Management Llc increased Thermon Group Holdings Inc (NYSE:THR) stake by 16,497 shares to 121,651 valued at $2.32 million in 2016Q4. Jackson Grant Investment Advisers Inc. now owns 1,097 shares of the healthcare conglomerate's stock worth $180,000 after buying an additional 4 shares during the period. Veritable LP holds 36,115 shares. Nordea Inv Management reported 3.39 million shares or 1.43% of all its holdings.

Garrison Bradford & Associates Inc holds 15.19% of its portfolio in UnitedHealth Group Inc for 103,023 shares. Cobblestone Capital Advsr Limited Liability Com New York holds 0.05% or 3,270 shares in its portfolio. Parkside National Bank Trust has 0.01% invested in Mastercard Inc (NYSE:MA). Moreover, Eqis Mgmt has 0.09% invested in UnitedHealth Group Inc (NYSE:UNH) for 8,494 shares. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 1.70, which implies that analysts are generally bullish in their outlook for UNH over the next year. Therefore 27% are positive. UnitedHealth Group Incorporated has a 52 week low of $132.39 and a 52 week high of $196.04. Jefferies restated a "buy" recommendation and fixed a $192.00 target price on the stock of UnitedHealth Group in a study report published on Fri, May 19th. JP Morgan initiated the stock with "Overweight" rating in Wednesday, September 16 report.

UnitedHealth Group (NYSE:UNH) last released its earnings results on Tuesday, July 18th.

In related news, Director William C. Ballard, Jr. sold 5,000 shares of the firm's stock in a transaction dated Wednesday, June 7th. Mizuho maintained the stock with "Buy" rating in Friday, November 20 report. The firm has "Buy" rating by Mizuho given on Wednesday, October 19. Veritable Ltd Partnership has invested 0.14% in UnitedHealth Group Inc (NYSE:UNH).

UNH is now undervalued by -6.82% relative to the average 1-year price target of $209.05 taken from a group of Wall Street Analysts. Therefore 0 are positive. Evercore maintained the stock with "Buy" rating in Tuesday, August 2 report. RBC Capital Markets maintained Jabil Inc (NYSE:JBL) on Monday, January 25 with "Sector Perform" rating. Citigroup initiated the stock with "Buy" rating in Friday, October 2 report. The Average Volume of the company is 2.73 Million, while the Volume of the company in the last trading session was 1.97 Billion. On Thursday, June 15 the stock rating was maintained by Needham with "Buy". The stock of Jabil Inc (NYSE:JBL) earned "Buy" rating by Bank of America on Monday, June 19. Finally, Leerink Swann restated an "outperform" rating on shares of UnitedHealth Group in a research note on Friday, June 9th. The company was maintained on Friday, September 4 by Piper Jaffray.

Investors sentiment increased to 0.96 in 2016 Q4. It worsened, as 48 investors sold WMB shares while 217 reduced holdings. 40 funds opened positions while 90 raised stakes. (UNH) stake by 5.88% reported in 2016Q4 SEC filing. Ubs Asset Americas holds 0.04% or 1.56M shares. Destination Wealth Mgmt accumulated 3,270 shares. Prudential Public Limited Liability Company stated it has 6,583 shares.

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