Ballentine Partners Trimmed Its Unitedhealth Group (UNH) Holding as Stock Price Declined; Montag & Caldwell Trimmed Its Schwab Charles (SCHW) Position by $11.34 Million

May 26, 2018 - By whatsonthorold

The Charles Schwab Corporation (NYSE:SCHW) Logo

Ballentine Partners Llc decreased its stake in Unitedhealth Group Inc (UNH) by 16.37% based on its latest 2017Q4 regulatory filing with the SEC. Ballentine Partners Llc sold 1,917 shares as the company’s stock declined 0.93% with the market. The institutional investor held 9,794 shares of the medical specialities company at the end of 2017Q4, valued at $2.16M, down from 11,711 at the end of the previous reported quarter. Ballentine Partners Llc who had been investing in Unitedhealth Group Inc for a number of months, seems to be less bullish one the $235.39B market cap company. The stock increased 0.91% or $2.22 during the last trading session, reaching $244.95. About 1.55M shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.42% since May 26, 2017 and is uptrending. It has outperformed by 20.87% the S&P500.

Montag & Caldwell Llc decreased its stake in Schwab Charles (SCHW) by 9.84% based on its latest 2017Q4 regulatory filing with the SEC. Montag & Caldwell Llc sold 222,339 shares as the company’s stock declined 1.06% with the market. The institutional investor held 2.04M shares of the investment bankers and brokers and service company at the end of 2017Q4, valued at $104.60M, down from 2.26 million at the end of the previous reported quarter. Montag & Caldwell Llc who had been investing in Schwab Charles for a number of months, seems to be less bullish one the $77.31 billion market cap company. The stock decreased 1.44% or $0.84 during the last trading session, reaching $57.3. About 6.38 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 30.72% since May 26, 2017 and is uptrending. It has outperformed by 19.17% the S&P500.

Among 24 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 1 Sell and 8 Hold. Therefore 63% are positive. Charles Schwab had 103 analyst reports since August 11, 2015 according to SRatingsIntel. On Monday, December 19 the stock rating was upgraded by Suntrust Robinson to “Buy”. Barclays Capital initiated the stock with “Overweight” rating in Friday, September 8 report. Morgan Stanley maintained the shares of SCHW in report on Tuesday, January 30 with “Overweight” rating. SunTrust upgraded it to “Buy” rating and $44 target in Monday, December 19 report. On Friday, June 16 the stock rating was maintained by William Blair with “Outperform”. Jefferies maintained The Charles Schwab Corporation (NYSE:SCHW) on Friday, September 15 with “Buy” rating. Deutsche Bank downgraded the shares of SCHW in report on Tuesday, July 11 to “Hold” rating. The rating was maintained by Barclays Capital on Wednesday, August 26 with “Overweight”. The company was maintained on Thursday, March 17 by Deutsche Bank. Keefe Bruyette & Woods maintained the shares of SCHW in report on Monday, August 14 with “Buy” rating.

Since January 18, 2018, it had 0 buys, and 35 insider sales for $222.38 million activity. $2.03M worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by Chandoha Marie A on Tuesday, May 1. Craig Jonathan M. also sold $600,001 worth of The Charles Schwab Corporation (NYSE:SCHW) shares. Murtagh Nigel J sold $799,235 worth of stock or 15,000 shares. Clark Bernard J. had sold 11,238 shares worth $607,693 on Wednesday, March 7. $661,156 worth of stock was sold by SNEED PAULA A on Tuesday, February 27. 18,663 shares were sold by MCLIN STEPHEN T, worth $1.01 million on Friday, January 26.

Montag & Caldwell Llc, which manages about $14.22B and $3.18 billion US Long portfolio, upped its stake in Starbucks Corp (NASDAQ:SBUX) by 200,986 shares to 2.08M shares, valued at $119.30M in 2017Q4, according to the filing. It also increased its holding in Fidelity National Information (NYSE:FIS) by 255,496 shares in the quarter, for a total of 1.03 million shares, and has risen its stake in Analog Devices Inc (NASDAQ:ADI).

Analysts await The Charles Schwab Corporation (NYSE:SCHW) to report earnings on July, 17. They expect $0.58 earnings per share, up 48.72% or $0.19 from last year’s $0.39 per share. SCHW’s profit will be $782.53 million for 24.70 P/E if the $0.58 EPS becomes a reality. After $0.55 actual earnings per share reported by The Charles Schwab Corporation for the previous quarter, Wall Street now forecasts 5.45% EPS growth.

More important recent The Charles Schwab Corporation (NYSE:SCHW) news were published by: Bizjournals.com which released: “Charles Schwab opens up about how his struggles with dyslexia shaped him as a CEO (Video)” on May 08, 2018, also Bizjournals.com published article titled: “Chuck Schwab on tax reform’s Bay Area impact: ‘A lot of companies will be moving their people out of here'”, Streetinsider.com published: “Charles Schwab (SCHW) Reports April Activity Highlights” on May 14, 2018. More interesting news about The Charles Schwab Corporation (NYSE:SCHW) was released by: Bizjournals.com and their article: “Charles Schwab picks San Francisco for digital accelerator” with publication date: May 03, 2018.

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.12, from 1.03 in 2017Q3. It increased, as 48 investors sold SCHW shares while 292 reduced holdings. 106 funds opened positions while 285 raised stakes. 1.05 billion shares or 0.91% more from 1.04 billion shares in 2017Q3 were reported. Ubs Asset Americas accumulated 3.45 million shares. Profund Llc reported 39,608 shares. Lenox Wealth stated it has 0% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Hills Bancorp invested in 32,468 shares or 0.49% of the stock. Commonwealth Bankshares Of Aus reported 12,535 shares. Webster Retail Bank N A reported 62,114 shares. Seatown Hldgs Pte has invested 1.6% in The Charles Schwab Corporation (NYSE:SCHW). Tokio Marine Asset Management Limited owns 128,856 shares for 1% of their portfolio. Badgley Phelps And Bell Incorporated invested 0.72% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). 2.43 million are owned by Citadel Advsr Ltd Liability Corporation. Pacific Heights Asset Limited Liability Corp holds 1.56% or 310,000 shares. Qs Investors Lc has 0.01% invested in The Charles Schwab Corporation (NYSE:SCHW) for 22,464 shares. Albion Fin Grp Inc Ut holds 0.1% or 12,810 shares in its portfolio. Exxonmobil Invest Management Tx holds 189,710 shares or 0.27% of its portfolio. Sumitomo Mitsui Trust Incorporated stated it has 4.05M shares or 0.27% of all its holdings.

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Bizjournals.com which released: “Polaris, Securian join ranks of Fortune 500 companies; UnitedHealth moves into Top 5 (slideshow)” on May 21, 2018, also Streetinsider.com with their article: “UnitedHealth Group (UNH) Announces Long-term Strategic Partnership with LabCorp (LH)” published on May 24, 2018, Seekingalpha.com published: “Tracking Stephen Mandel’s Lone Pine Capital Portfolio – Q1 2018 Update” on May 25, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: Gurufocus.com and their article: “US Market Indexes Close Mostly Lower on Friday From Energy Selloff” published on May 25, 2018 as well as Seekingalpha.com‘s news article titled: “UnitedHealth, Quest Diagnostics unveil strategic partnership” with publication date: May 24, 2018.

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on July, 17. They expect $3.03 earnings per share, up 23.17% or $0.57 from last year’s $2.46 per share. UNH’s profit will be $2.91B for 20.21 P/E if the $3.03 EPS becomes a reality. After $3.04 actual earnings per share reported by UnitedHealth Group Incorporated for the previous quarter, Wall Street now forecasts -0.33% negative EPS growth.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.05, from 0.91 in 2017Q3. It is positive, as 51 investors sold UNH shares while 538 reduced holdings. 138 funds opened positions while 426 raised stakes. 806.07 million shares or 0.60% less from 810.94 million shares in 2017Q3 were reported. Tru Department Mb Savings Bank N A reported 6,374 shares stake. Bancorp Of Nova Scotia Trust owns 2,100 shares or 0.05% of their US portfolio. Lyons Wealth Mngmt Limited owns 4,069 shares for 1.47% of their portfolio. Regent Inv Limited Com has invested 0.82% in UnitedHealth Group Incorporated (NYSE:UNH). Donaldson Capital Mgmt Limited Co holds 1,959 shares or 1.52% of its portfolio. Riverhead Mngmt Ltd Llc holds 0.53% in UnitedHealth Group Incorporated (NYSE:UNH) or 57,032 shares. Oppenheimer And Co Inc holds 0.2% or 36,002 shares in its portfolio. Rnc Capital Management Ltd Limited Liability Company owns 2,124 shares or 0.03% of their US portfolio. Signaturefd Ltd Limited Liability Company reported 4,404 shares. 1,100 are owned by Stonebridge Capital Management. Moreover, Westend Ltd has 4.42% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 216,793 shares. Marshall Wace Ltd Liability Partnership accumulated 37,010 shares. Central Retail Bank Company reported 1.06% in UnitedHealth Group Incorporated (NYSE:UNH). Jane Street Llc holds 0.02% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 35,867 shares. Madison Inv Inc owns 3,128 shares for 0.01% of their portfolio.

Among 27 analysts covering UnitedHealth Group (NYSE:UNH), 27 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UnitedHealth Group had 88 analyst reports since September 2, 2015 according to SRatingsIntel. Cantor Fitzgerald maintained the shares of UNH in report on Tuesday, July 18 with “Buy” rating. Citigroup maintained the stock with “Buy” rating in Wednesday, October 18 report. As per Friday, August 25, the company rating was maintained by Piper Jaffray. The company was maintained on Wednesday, July 19 by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Wednesday, October 18. The rating was maintained by Mizuho on Tuesday, July 18 with “Buy”. Mizuho maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Friday, October 6. Mizuho has “Buy” rating and $235.0 target. Citigroup maintained the stock with “Buy” rating in Wednesday, July 19 report. The firm earned “Overweight” rating on Wednesday, October 18 by Morgan Stanley. The firm earned “Buy” rating on Wednesday, November 29 by Credit Suisse.

Since December 14, 2017, it had 0 insider buys, and 12 sales for $32.64 million activity. On Friday, January 19 the insider Shine Kenneth Irwin sold $48,025. Nelson Steven H sold 14,233 shares worth $3.28M. Shares for $2.38 million were sold by HOOPER MICHELE J. $2.39 million worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by BURKE RICHARD T on Wednesday, February 28. BALLARD WILLIAM C JR had sold 10,000 shares worth $2.46 million. RENFRO LARRY C had sold 22,184 shares worth $5.08 million.

Ballentine Partners Llc, which manages about $4.78 billion and $1.83B US Long portfolio, upped its stake in Alphabet Inc by 1,893 shares to 6,239 shares, valued at $6.57 million in 2017Q4, according to the filing. It also increased its holding in Ishares Tr (TIP) by 3,407 shares in the quarter, for a total of 39,918 shares, and has risen its stake in Berkshire Hathaway Inc Del (BRKB).

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart

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