UnitedHealth Group (UNH) Issues Earnings Results, Beats Estimates By $0.09 EPS

UnitedHealth Group (UNH) Issues Earnings Results, Beats Estimates By $0.09 EPS

UnitedHealth Group (UNH) Issues Earnings Results, Beats Estimates By $0.09 EPS

The stock tapped a 52-week high of US$17.05 while the mean 12-month price target for the shares is US$17.05. The Virtus Investment Advisers Inc holds 27,050 shares with $5.30 million value, down from 31,086 last quarter. The stock decreased 4.14% or $9.36 during the last trading session, reaching $216.46. Overall, 5.51 Million shares exchanged hands versus its average trading volume of 3.25 Million shares. NetEase, Inc. (NASDAQ:NTES) has risen 77.85% since February 7, 2017 and is uptrending. It has underperformed by 4.36% the S&P500.

In the most recent quarterly financial report, for the quarter ending December 2017, UnitedHealth Group Incorporated (UNH) delivered a 1.07% surprise with its net revenue. Net earnings for the quarter were posted at $2.59 per share, whereas Wall Street had forecast $2.51 per share. Ci Invests Inc owns 0.33% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 83,620 shares. The stock decreased 0.26% or $0.58 during the last trading session, reaching $225.24. Following the sale, the director now directly owns 37,284 shares in the company, valued at $8,864,643.84. Comparatively, UnitedHealth Group Incorporated posted earnings of $2.42 per share in the same quarter previous year. It has outperformed by 16.06% the S&P500. The stock has a market capitalization of $217,640.00, a P/E ratio of 20.71, a P/E/G ratio of 1.31 and a beta of 0.70. It fall, as 46 investors sold UNH shares while 524 reduced holdings.

A number of other hedge funds have also added to or reduced their stakes in UNH. 810.94 million shares or 0.66% less from 816.36 million shares in 2017Q2 were reported. Gilman Hill Asset Mgmt Limited Liability Com reported 2.67% of its portfolio in Douglas Dynamics, Inc.

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UnitedHealth Group Incorporated (UNH) has been given an average price target of $270.24 from analysts, according to data collected by Finviz. First Trust Lp invested in 0.16% or 318,881 shares.

UnitedHealth Group (NYSE:UNH) had its price objective boosted by research analysts at Royal Bank of Canada from $269.00 to $280.00 in a note issued to investors on Wednesday, January 17th, The Fly reports. Jackson Square Prtn Ltd Com holds 0.36% or 2.21M shares in its portfolio. 96 are held by Cordasco Fincl Networks. Kopernik Glob Invsts Limited Liability Corp has invested 4.5% of its portfolio in KT Corporation (NYSE:KT). Tdam Usa Inc owns 135,374 shares. Calamos Wealth Management Ltd Liability owns 1.41% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 51,919 shares. P2 Capital Partners Llc owns 1.11 million shares or 5.14% of their United States portfolio. Patriot Wealth Mgmt has invested 1.7% in UnitedHealth Group Incorporated (NYSE:UNH). Therefore 55% are positive. The firm earned "Buy" rating on Thursday, November 16 by Cantor Fitzgerald. Cantor Fitzgerald maintained the stock with "Buy" rating in Tuesday, October 17 report. The company was maintained on Tuesday, November 28 by Jefferies. The rating was initiated by Piper Jaffray on Wednesday, January 4 with "Overweight". The firm has "Hold" rating given on Monday, June 19 by RBC Capital Markets. Bank of America has "Neutral" rating and $52 target. Stifel Nicolaus has "Buy" rating and $18500 target. The company was downgraded on Friday, August 7 by William Blair.

Since August 21, 2017, it had 0 insider buys, and 10 insider sales for $30.30 million activity. The insider ROOS THOMAS E sold 975 shares worth $200,333. Palouse Capital Mngmt has 1.53% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 23,310 shares. Shine Kenneth Irwin had sold 198 shares worth $48,025 on Friday, January 19. ValuEngine upgraded UnitedHealth Group from a "hold" rating to a "buy" rating in a report on Friday, September 1st.

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According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.24 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell.

Scharf Investments Llc, which manages about $2.69 billion and $4.12B US Long portfolio, upped its stake in L Brands Inc (LTD) by 772,740 shares to 3.88M shares, valued at $161.25M in 2017Q3, according to the filing.

Investors sentiment increased to 1.2 in Q3 2017. Its down 0.02, from 0.92 in 2017Q2. Leerink Swann reaffirmed an "outperform" rating on shares of UnitedHealth Group in a research report on Friday, December 1st. The fund owned 285,000 shares of the healthcare conglomerate's stock after purchasing an additional 115,000 shares during the period. Legal And General Group Public Limited Liability Corporation invested in 5.15 million shares. Delta Asset Management Ltd Co Tn accumulated 1,515 shares. Whittier Trust, a California-based fund reported 66,732 shares. Agf Invests Inc reported 308,543 shares. Markel Corporation stated it has 2.59% in UnitedHealth Group Incorporated (NYSE:UNH). Sandy Spring Comml Bank invested in 12,787 shares. Hamilton Point Invest Advisors Lc reported 49,945 shares or 2.01% of all its holdings. Camarda Financial Advisors Llc, a Florida-based fund reported 39,499 shares. (NYSE:SSTK). New York-based Citigroup has invested 0% in Shutterstock, Inc. 15,796 are held by Fiduciary Svcs Of The Southwest Tx. American Century Companies Inc. lifted its holdings in shares of UnitedHealth Group by 16.9% in the second quarter.

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Among 9 analysts covering Shutterstock (NYSE:SSTK), 0 have Buy rating, 1 Sell and 8 Hold. Therefore 33% are positive. Microsoft Corporation had 166 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets has "Buy" rating and $18500 target. On Wednesday, November 29 the stock rating was maintained by Credit Suisse with "Buy". The rating was maintained by Cowen & Co on Thursday, July 13 with "Buy". The firm has "Buy" rating given on Friday, August 25 by Piper Jaffray.

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