November 30, 2016 - By Peter Erickson
RBC Capital Mkts have a $175 target price per share on the stock. The target price per share would suggest a potential upside of 10.66% from UnitedHealth (NYSE:UNH)‘s last stock price. This rating was disclosed in analysts report on Wednesday morning.
Out of 15 analysts covering UnitedHealth Group (NYSE:UNH), 14 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 93% are positive. $169 is the highest target while $124 is the lowest. The $143.48 average target is -9.27% below today’s ($158.14) stock price. UnitedHealth Group has been the topic of 20 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Friday, October 2 by Citigroup. Bernstein initiated the stock with “Outperform” rating in Thursday, June 16 report. Mizuho maintained UnitedHealth Group Inc (NYSE:UNH) on Wednesday, October 19 with “Buy” rating. The stock has “Outperform” rating given by RBC Capital Markets on Wednesday, July 20. The stock has “Outperform” rating given by Credit Suisse on Wednesday, December 16. Morgan Stanley reinitiated UnitedHealth Group Inc (NYSE:UNH) rating on Wednesday, September 9. Morgan Stanley has “Overweight” rating and $140 price target. The firm has “Strong-Buy” rating by Vetr given on Wednesday, September 2. Mizuho maintained the stock with “Buy” rating in Friday, November 20 report. The firm has “Neutral” rating by Mizuho given on Wednesday, November 9. FBR Capital maintained the stock with “Outperform” rating in Thursday, November 19 report.
About 3,746 shares traded hands. UnitedHealth Group Inc (NYSE:UNH) has risen 18.67% since April 27, 2016 and is uptrending. It has outperformed by 13.44% the S&P500.
Analysts await UnitedHealth Group Inc (NYSE:UNH) to report earnings on January, 17. They expect $2.07 earnings per share, up 47.86% or $0.67 from last year’s $1.4 per share. UNH’s profit will be $2.03 billion for 19.10 P/E if the $2.07 EPS becomes a reality. After $2.17 actual earnings per share reported by UnitedHealth Group Inc for the previous quarter, Wall Street now forecasts -4.61% negative EPS growth.
Insitutional Activity: The institutional sentiment increased to 1.02 in Q2 2016. Its up 0.10, from 0.92 in 2016Q1. The ratio is positive, as 55 funds sold all UnitedHealth Group Inc shares owned while 466 reduced positions. 94 funds bought stakes while 386 increased positions. They now own 805.88 million shares or 5.42% less from 852.02 million shares in 2016Q1.
Strategic Lc holds 0.17% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 2,144 shares. Aviance Cap Mngmt Limited holds 0.1% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 24,292 shares. Dorsey & Whitney Ltd Company has 0.42% invested in the company for 12,975 shares. The Florida-based Raymond James Tru Na has invested 0.68% in UnitedHealth Group Inc (NYSE:UNH). Badgley Phelps & Bell owns 1,456 shares or 0.02% of their US portfolio. Moreover, Wellington Mgmt Limited Liability Partnership has 1.92% invested in UnitedHealth Group Inc (NYSE:UNH) for 52.65 million shares. Goldman Sachs Group Inc has invested 0.14% of its portfolio in UnitedHealth Group Inc (NYSE:UNH). Moreover, Rs Mgmt Comm Llc has 0.35% invested in UnitedHealth Group Inc (NYSE:UNH) for 239,810 shares. British Columbia Invest Management Corp last reported 589,583 shares in the company. Anderson Hoagland And Co has 1.22% invested in the company for 14,023 shares. Andra Ap accumulated 0.53% or 146,500 shares. Folger Nolan Fleming Douglas Capital Management holds 24,722 shares or 0.6% of its portfolio. Comerica Bank & Trust holds 0.31% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 255,866 shares. Markston International Ltd Liability, a New York-based fund reported 22,668 shares. Carret Asset Ltd Liability Co last reported 3,996 shares in the company.
Insider Transactions: Since June 10, 2016, the stock had 0 insider purchases, and 6 insider sales for $9.57 million net activity. 325 shares were sold by Shine Kenneth Irwin, worth $47,121 on Friday, October 21. On Monday, November 14 BALLARD WILLIAM C JR sold $453,615 worth of the stock or 3,000 shares. WILSON D ELLEN sold 14,365 shares worth $2.07M. $5.41M worth of UnitedHealth Group Inc (NYSE:UNH) shares were sold by BURKE RICHARD T. On Thursday, November 17 the insider WILENSKY GAIL R sold $822,000.
UnitedHealth Group Incorporated is a diversified healthcare company. The company has a market cap of $155.40 billion. The Firm operates through four divisions: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It has a 23.28 P/E ratio. The Firm conducts its activities through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.
According to Zacks Investment Research, “UnitedHealth Group Inc. offers health care coverage and related services to help people achieve improved health and well-being through all stages of life. The company’s products and services reflect a number of core capabilities, including medical information management, health benefit administration, care coordination, risk assessment and pricing, health benefit design and provider contracting. With these capabilities, it is able to provide comprehensive health care management services through organized health systems and insurance products.”
UnitedHealth Group Incorporated, incorporated on January 25, 1977, is a health and well-being company. The Companyâ€™s business platforms include UnitedHealthcare and Optum. UnitedHealthcare provides health care benefits to various clients and markets. Optum is a health services business serving the health care marketplace, including payers, care providers, employers, Governments, life sciences companies and consumers. The Companyâ€™s business platforms have four divisions: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx.
More important recent UnitedHealth Group Inc (NYSE:UNH) news were published by: Forbes.com which released: “Ex-Dividend Reminder: UnitedHealth Group, M & T Bank and Commerce Bancshares” on November 28, 2016, also Schaeffersresearch.com published article titled: “UnitedHealth Group Inc, Aetna Inc Could Enjoy a Santa Claus Rally”, Businesswire.com published: “UnitedHealth Group to Host Investor Conference” on November 21, 2016. More interesting news about UnitedHealth Group Inc (NYSE:UNH) was released by: Reuters.com and their article: “BRIEF-UnitedHealth Group to discuss 2017 financial outlook at investor con…” with publication date: November 28, 2016.
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