As Unitedhealth Group INC (UNH) Stock Rose, Shareholder Montag & Caldwell LLC Has Cut Position

January 14, 2018 - By Vivian Park

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.11, from 1.02 in 2017Q2. It dived, as 46 investors sold UNH shares while 524 reduced holdings. 112 funds opened positions while 408 raised stakes. 810.94 million shares or 0.66% less from 816.36 million shares in 2017Q2 were reported. Madison Invest accumulated 3,055 shares. State Of New Jersey Common Pension Fund D owns 854,828 shares or 0.67% of their US portfolio. Abner Herrman & Brock Limited Liability Co holds 1.07% or 30,759 shares. Whittier Trust Of Nevada holds 0.41% or 22,753 shares in its portfolio. Royal Natl Bank Of Canada stated it has 6.53M shares. Woodmont Inv Counsel Limited Co holds 0.81% or 15,196 shares. Moors Cabot invested in 0.08% or 2,900 shares. 708,357 were reported by Westfield Cap Mngmt Lp. 34,340 were accumulated by Grimes And Comm Inc. Signature Estate Inv Advisors Limited Liability Company holds 1.95% or 89,318 shares in its portfolio. Investment Advsrs reported 10,135 shares or 2.24% of all its holdings. Daniel Devine Company reported 1.36% stake. 70.07M are owned by Blackrock. Mount Lucas Mgmt LP holds 26,200 shares. Moreover, Bb&T Securities Ltd Liability Company has 0.47% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 178,137 shares.

Since August 3, 2017, it had 0 insider purchases, and 6 selling transactions for $20.19 million activity. $200,333 worth of stock was sold by ROOS THOMAS E on Thursday, October 19. 22,598 shares were sold by RENFRO LARRY C, worth $5.01M. 15,000 shares valued at $2.88 million were sold by BURKE RICHARD T on Monday, August 21. On Thursday, August 3 the insider BALLARD WILLIAM C JR sold $969,915.

Montag & Caldwell Llc decreased its stake in Unitedhealth Group Inc (UNH) by 6.03% based on its latest 2017Q3 regulatory filing with the SEC. Montag & Caldwell Llc sold 53,070 shares as the company’s stock rose 9.50% with the market. The institutional investor held 826,881 shares of the medical specialities company at the end of 2017Q3, valued at $161.95M, down from 879,951 at the end of the previous reported quarter. Montag & Caldwell Llc who had been investing in Unitedhealth Group Inc for a number of months, seems to be less bullish one the $221.57 billion market cap company. The stock increased 1.44% or $3.25 during the last trading session, reaching $228.64. About 3.94M shares traded or 35.06% up from the average. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.76% since January 14, 2017 and is uptrending. It has outperformed by 16.06% the S&P500.

Montag & Caldwell Llc, which manages about $14.22 billion and $3.25B US Long portfolio, upped its stake in Air Prods And Chems Inc (NYSE:APD) by 110,144 shares to 296,513 shares, valued at $44.84M in 2017Q3, according to the filing. It also increased its holding in Oracle Corp (NYSE:ORCL) by 180,220 shares in the quarter, for a total of 2.42 million shares, and has risen its stake in Mondelez International (NASDAQ:MDLZ).

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on January, 16. They expect $2.50 EPS, up 18.48 % or $0.39 from last year’s $2.11 per share. UNH’s profit will be $2.42 billion for 22.86 P/E if the $2.50 EPS becomes a reality. After $2.66 actual EPS reported by UnitedHealth Group Incorporated for the previous quarter, Wall Street now forecasts -6.02 % negative EPS growth.

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Forbes.com which released: “UnitedHealth Taps Into Emerging Mobile Diabetes Management” on January 10, 2018, also Streetinsider.com with their article: “UnitedHealth Group (UNH) Introduces Apple Inc.’s (AAPL) Apple Pay for …” published on January 12, 2018, Reuters.com published: “UnitedHealth to buy Chile’s Banmedica for $2.8 billion” on December 22, 2017. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: Businesswire.com and their article: “BestWeek Ranks UnitedHealth Group and Metlife Inc. as the World’s Largest Insurers” published on January 04, 2018 as well as Nasdaq.com‘s news article titled: “Unitedhealth Group Inc (UNH) Vice Chmn, UHG and CEO, Optum Larry C Renfro Sold …” with publication date: December 19, 2017.

UnitedHealth Group Incorporated (NYSE:UNH) Ratings Coverage

Among 26 analysts covering UnitedHealth Group (NYSE:UNH), 26 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UnitedHealth Group had 75 analyst reports since September 2, 2015 according to SRatingsIntel. On Wednesday, September 2 the stock rating was upgraded by Vetr to “Strong-Buy”. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Wednesday, July 19 by UBS. The firm has “Buy” rating by Jefferies given on Wednesday, June 21. On Wednesday, July 19 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Buy” rating by Cantor Fitzgerald on Tuesday, July 18. On Wednesday, June 7 the stock rating was maintained by Cantor Fitzgerald with “Buy”. Bernstein initiated the shares of UNH in report on Thursday, June 16 with “Outperform” rating. The company was maintained on Wednesday, July 20 by RBC Capital Markets. Mizuho maintained it with “Buy” rating and $169 target in Wednesday, October 19 report. The firm has “Buy” rating by Mizuho given on Friday, October 6.

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