Wellington Management Group Llp Decreased Its Unitedhealth Group INC (UNH) Stake as Shares Declined

May 17, 2018 - By Darrel Chase

UnitedHealth Group Incorporated (NYSE:UNH) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 0.96. That’s change of 0.05, from 2017Q3’s 0.91. 51 investors sold all, 538 reduced holdings as UNH ratio improved. 426 increased positions while 138 funds took positions. Funds hold 806.07 million shares thus 0.60% less from 2017Q3’s 810.94 million shares. Moreover, Pictet Fincl Bank Limited has 1.24% invested in UnitedHealth Group Incorporated (NYSE:UNH). Segall Bryant Hamill Ltd Llc accumulated 226,302 shs. Wharton Business Group Inc Llc invested in 0.02% or 1,008 shs. Montag A And Assocs accumulated 21,620 shs or 0.46% of the stock. Bokf Na has invested 0.44% in UnitedHealth Group Incorporated (NYSE:UNH). Front Barnett Limited Company holds 1,215 shs or 0.04% of its capital. Shell Asset Mgmt holds 0.63% in UnitedHealth Group Incorporated (NYSE:UNH) or 143,567 shs. 1,050 are held by Fairview Mngmt Ltd Liability. Veritable Limited Partnership has 39,091 shs. Mount Lucas Management Limited Partnership accumulated 25,025 shs. Moreover, First Quadrant LP Ca has 0.39% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 94,876 shs. Laffer Invs holds 22,171 shs or 1.22% of its capital. Wasatch Advsrs reported 3,390 shs. Group One Trading LP invested in 0% or 1,803 shs. Sphera Funds Management Limited holds 0.05% or 2,000 shs.

UNH registered $32.64 million net activity with 0 insider purchases and 12 selling transactions since December 14, 2017. On Thursday, March 15 Shares for $5.08 million were sold by RENFRO LARRY C. Shine Kenneth Irwin sold 202 shs worth $47,959. HOOPER MICHELE J sold $2.38 million worth of UnitedHealth Group Incorporated (NYSE:UNH) or 10,000 shs on Wednesday, January 31. Shares for $3.28 million were sold by Nelson Steven H. 10,000 UnitedHealth Group Incorporated (NYSE:UNH) shs with value of $2.46 million were sold by BALLARD WILLIAM C JR. WILENSKY GAIL R also sold $1.40M worth of UnitedHealth Group Incorporated (NYSE:UNH) shs.

According to 2017Q4 Securities and Exchange form the Wellington Management Group Llp reduced its stake in Unitedhealth Group Inc (UNH) by 2.47%. The company’s stock declined 0.93% with the market as Wellington Management Group Llp sold 870,461 shares. At the end of 2017Q4, the 34.34M shares of the medical specialities company held by the institutional investor were priced at $7.57B, down from 35.21M at the end of the previous reported quarter. $232.29 billion is Unitedhealth Group Inc’s market cap. Ticker’s shares touched $241.72 during the last trading session after 0.93% change.UnitedHealth Group Incorporated has volume of 1.91M shares. Since May 17, 2017 UNH has risen 32.42% and is uptrending. UNH outperformed the S&P 500 by 20.87%.

A portfolio of $452.59 billion is managed by Wellington Management Group Llp. As it’s published in Securities and Exchange form the stake in Hooker Furniture Corp (NASDAQ:HOFT) is increased by 110,907 shares to 196,893 shares. They are valued at $8.36 million in 2017Q4. For a total of 177,348 shares it increased its holding in White Mtns Ins Group Ltd (NYSE:WTM) by 18,828 shares in the quarter, and has risen its stake in Abeona Therapeutics Inc.

UnitedHealth Group Incorporated (NYSE:UNH)’s earnings report is anticipated on July, 17., Faxor reports. Last year’s earnings per share was $2.46, while now analysts expect change of 23.17 % up from current $3.03 earnings per share. If earnings per share of $3.03 is reported the profit of UNH could reach $2.91 billion giving it 19.94 P/E. After $3.04 earnings per share was reported last quarter, analysts now see negative EPS growth of -0.33 % for UnitedHealth Group Incorporated.

A couple more UnitedHealth Group Incorporated (NYSE:UNH) news were brought out by: Bizjournals.com which released on May 16, 2018 “Moody’s likes the upward financial trend at this Lakeland pharmacy benefits manager”, also Investorplace.com on May 04, 2018 brought out “UnitedHealth Group Inc Rides High but Faces Challenges”, the next Seekingalpha.com is “Morgan Stanley selects 30 stocks for a three-year sideways market” on May 16, 2018. Bizjournals.com has article titled “UnitedHealthcare forms group to reach Fayetteville area”.

UnitedHealth Group Incorporated (NYSE:UNH) Ratings Coverage

A total of 13 analysts rate UnitedHealth (NYSE:UNH) as follows: 13 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. The firm has $28200 highest and $235.0 lowest target. The avg target $272 is 12.53% above the last ($241.72) price. (NYSE:UNH) has 20 ratings reports on May 17, 2018 according to StockzIntelligence. On Tuesday, November 28 the firm earned “Buy” rating by Jefferies. On Friday, January 12 the firm earned “Buy” rating by Jefferies. On Wednesday, December 6 Cantor Fitzgerald maintained the shares of UNH in report with “Buy” rating. On Friday, January 12 the stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given by Cowen & Co. In Thursday, March 8 report Cantor Fitzgerald maintained the stock with “Buy” rating. On Wednesday, April 18 the stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Overweight” rating by Morgan Stanley. On Wednesday, April 18 the rating was maintained by Bernstein with “Buy”. On Tuesday, April 17 the rating was maintained by Piper Jaffray with “Buy”. On Wednesday, January 17 the stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Buy” rating by Credit Suisse. On Monday, December 25 the rating was maintained by Cantor Fitzgerald with “Buy”.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Investors Chart

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