November 30, 2016 - By Louis Casey
Research analysts at RBC Capital have $175.0 target price per share on UnitedHealth (UNH). RBC Capital’s target price per share means a potential upside of 11.05% from the company’s last stock price. The rating was revealed in analysts note on Wednesday morning.
About 3,771 shares traded hands. UnitedHealth Group Inc (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.
Aimz Investment Advisors Limited Co owns 10,954 shares or 1.42% of their US portfolio. Winslow Evans Crocker last reported 0% of its portfolio in the stock. Narwhal Cap Mgmt last reported 20,267 shares in the company. Bragg Fincl Advisors Inc reported 32,563 shares or 0.83% of all its holdings. Mai Capital Management accumulated 86,013 shares or 0.94% of the stock. The Missouri-based Parkside Retail Bank And Trust has invested 0.07% in UnitedHealth Group Inc (NYSE:UNH). Pnc Fincl Svcs Gru has invested 0.18% of its portfolio in UnitedHealth Group Inc (NYSE:UNH). Mizuho Asset Mngmt Coltd accumulated 0.32% or 12,707 shares. The Alabama-based First Comml Bank Na has invested 0.21% in UnitedHealth Group Inc (NYSE:UNH). Blue Edge Cap Limited Liability Company last reported 0% of its portfolio in the stock. Whittier Tru Of Nevada Incorporated reported 22,678 shares or 0.37% of all its holdings. Eaton Vance Mgmt last reported 667,889 shares in the company. The Missouri-based Smith Moore & Co has invested 0.09% in UnitedHealth Group Inc (NYSE:UNH). Acadian Asset Mngmt Ltd Llc has 0.01% invested in the company for 10,104 shares. Wealthtrust last reported 50 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. The insider WILENSKY GAIL R sold 5,460 shares worth $822,000. BALLARD WILLIAM C JR also sold $453,615 worth of UnitedHealth Group Inc (NYSE:UNH) shares. The insider Shine Kenneth Irwin sold $47,121. Shares for $5.41 million were sold by BURKE RICHARD T on Wednesday, September 7. WILSON D ELLEN also sold $2.07M worth of UnitedHealth Group Inc (NYSE:UNH) on Friday, October 21.
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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By Louis Casey