As United Healthcare Corp (UNH) Share Value Rose, Shareholder Todd Asset Management LLC Cut Its Holding by $19.46 Million

July 14, 2018 - By Carol Mulligan

UnitedHealth Group Incorporated (NYSE:UNH) LogoInvestors sentiment is 0.96 in 2018 Q1. Its the same as in 2017Q4. It is without change, as 55 investors sold UNH shares while 532 reduced holdings. only 125 funds opened positions while 440 raised stakes. 789.19 million shares or 2.09% less from 806.07 million shares in 2017Q4 were reported. Dorsey Whitney Trust Commerce Limited Liability Corp accumulated 16,609 shares. North Star Asset holds 0.03% or 1,780 shares. Scholtz & holds 1.72% or 10,875 shares in its portfolio. Lowe Brockenbrough & has 1.28% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 40,377 shares. Advisory Research holds 120,641 shares or 0.46% of its portfolio. Cap Investment Advsr Limited Liability Co holds 5,259 shares. Abner Herrman & Brock Limited Liability Corporation reported 1.28% in UnitedHealth Group Incorporated (NYSE:UNH). Amarillo Bancorp holds 0.15% or 1,298 shares in its portfolio. Bahl Gaynor Inc owns 190,206 shares. South Carolina-based South State Corp has invested 0.08% in UnitedHealth Group Incorporated (NYSE:UNH). Moreover, Exxonmobil Investment Mngmt Tx has 0.91% invested in UnitedHealth Group Incorporated (NYSE:UNH). Bradley Foster & Sargent Ct holds 17,147 shares or 0.14% of its portfolio. Groesbeck Investment Nj holds 4.45% or 28,696 shares in its portfolio. Bowling Ltd Liability holds 4,724 shares or 0.14% of its portfolio. Copeland Capital Limited Liability Corp has invested 0.5% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH).

Since January 18, 2018, it had 0 insider purchases, and 13 sales for $36.37 million activity. 14,233 UnitedHealth Group Incorporated (NYSE:UNH) shares with value of $3.28 million were sold by Nelson Steven H. $47,959 worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by Shine Kenneth Irwin on Thursday, April 19. HOOPER MICHELE J sold 10,000 shares worth $2.38 million. BALLARD WILLIAM C JR had sold 10,000 shares worth $2.46 million. $5.00 million worth of UnitedHealth Group Incorporated (NYSE:UNH) shares were sold by RENFRO LARRY C. $1.40 million worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by WILENSKY GAIL R.

Todd Asset Management Llc decreased its stake in United Healthcare Corp (UNH) by 25.86% based on its latest 2018Q1 regulatory filing with the SEC. Todd Asset Management Llc sold 90,935 shares as the company’s stock rose 4.65% while stock markets declined. The institutional investor held 260,652 shares of the medical specialities company at the end of 2018Q1, valued at $55.78M, down from 351,587 at the end of the previous reported quarter. Todd Asset Management Llc who had been investing in United Healthcare Corp for a number of months, seems to be less bullish one the $248.61 billion market cap company. The stock increased 1.03% or $2.65 during the last trading session, reaching $258.7. About 2.36M shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 37.57% since July 14, 2017 and is uptrending. It has outperformed by 25.00% the S&P500.

Todd Asset Management Llc, which manages about $3.59 billion and $3.62 billion US Long portfolio, upped its stake in Baidu Inc (NASDAQ:BIDU) by 24,987 shares to 83,880 shares, valued at $18.72M in 2018Q1, according to the filing. It also increased its holding in Danske Bank Adr by 334,082 shares in the quarter, for a total of 502,482 shares, and has risen its stake in Softbank Corp Unsp Adr (SFTBY).

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on July, 17 before the open. They expect $3.03 EPS, up 23.17 % or $0.57 from last year’s $2.46 per share. UNH’s profit will be $2.91 billion for 21.34 P/E if the $3.03 EPS becomes a reality. After $3.04 actual EPS reported by UnitedHealth Group Incorporated for the previous quarter, Wall Street now forecasts -0.33 % negative EPS growth.

More important recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Streetinsider.com which released: “American Renal Associates (ARA), UnitedHealthcare (UNH) Announce Settlement” on July 09, 2018, also Bizjournals.com published article titled: “UnitedHealth, American Renal have a deal to end lawsuit”, Seekingalpha.com published: “Key events next week – healthcare” on July 13, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) was released by: Seekingalpha.com and their article: “Oakmark Equity And Income Fund: Second Quarter 2018” with publication date: July 11, 2018.

UnitedHealth Group Incorporated (NYSE:UNH) Ratings Coverage

Among 10 analysts covering UnitedHealth (NYSE:UNH), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. UnitedHealth has $300 highest and $259.0 lowest target. $275.50’s average target is 6.49% above currents $258.7 stock price. UnitedHealth had 15 analyst reports since January 16, 2018 according to SRatingsIntel. Credit Suisse maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Wednesday, January 17. Credit Suisse has “Buy” rating and $260.0 target. BMO Capital Markets maintained it with “Outperform” rating and $285 target in Thursday, June 7 report. The company was maintained on Thursday, June 21 by BMO Capital Markets. Piper Jaffray maintained UnitedHealth Group Incorporated (NYSE:UNH) on Tuesday, January 16 with “Buy” rating. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, April 17 report. The firm has “Buy” rating by Bernstein given on Wednesday, April 18. The firm has “Hold” rating given on Monday, June 11 by Credit Suisse. The firm has “Buy” rating by Cantor Fitzgerald given on Tuesday, April 17. The company was maintained on Wednesday, April 18 by Morgan Stanley. The firm earned “Buy” rating on Thursday, March 8 by Cantor Fitzgerald.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart

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