As Unitedhealth Group INC (UNH) Share Value Rose, Holder Employees Retirement System Of Texas Has Decreased Its Stake

July 27, 2018 - By Kristin Houston

UnitedHealth Group Incorporated (NYSE:UNH) LogoInvestors sentiment is 0.96 in Q1 2018. Its the same as in 2017Q4. It has no 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. 778 are held by Destination Wealth. Moreover, Beach Investment Counsel Pa has 0.07% invested in UnitedHealth Group Incorporated (NYSE:UNH). Cypress Asset Management Inc Tx holds 0.14% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 2,210 shares. Hightower Advsr Ltd Liability Corp, a Illinois-based fund reported 187,261 shares. Sterling Invest Mgmt has invested 2.49% in UnitedHealth Group Incorporated (NYSE:UNH). Renaissance Tech Ltd Liability Corp reported 1.25M shares or 0.29% of all its holdings. City Holding invested in 0.02% or 336 shares. Suffolk Capital Mngmt Lc invested in 1.27% or 41,825 shares. Dorsey Wright Associate reported 18,716 shares. 1,000 were reported by Tirschwell And Loewy Inc. Foster Motley Incorporated holds 13,335 shares or 0.46% of its portfolio. Calamos Wealth Management Limited Liability Corp reported 1.42% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Natl Bank Of Nova Scotia has invested 0.22% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Baltimore reported 23,691 shares stake. Moreover, Lmr Prns Llp has 0.3% invested in UnitedHealth Group Incorporated (NYSE:UNH).

Since January 31, 2018, it had 0 buys, and 11 selling transactions for $28.49 million activity. The insider BURKE RICHARD T sold 15,000 shares worth $3.73M. 14,233 shares were sold by Nelson Steven H, worth $3.28M. $779,001 worth of UnitedHealth Group Incorporated (NYSE:UNH) shares were sold by WILENSKY GAIL R. 177 shares were sold by Shine Kenneth Irwin, worth $45,262. $5.08 million worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by RENFRO LARRY C on Thursday, March 15.

Employees Retirement System Of Texas decreased its stake in Unitedhealth Group Inc (UNH) by 7.42% based on its latest 2018Q1 regulatory filing with the SEC. Employees Retirement System Of Texas sold 23,300 shares as the company’s stock rose 4.65% while stock markets declined. The institutional investor held 290,900 shares of the medical specialities company at the end of 2018Q1, valued at $62.25M, down from 314,200 at the end of the previous reported quarter. Employees Retirement System Of Texas who had been investing in Unitedhealth Group Inc for a number of months, seems to be less bullish one the $246.97B market cap company. The stock increased 0.84% or $2.14 during the last trading session, reaching $257. About 2.02 million shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 37.57% since July 27, 2017 and is uptrending. It has outperformed by 25.00% the S&P500.

Employees Retirement System Of Texas, which manages about $7.39B US Long portfolio, upped its stake in Disney Walt Co (NYSE:DIS) by 63,600 shares to 272,800 shares, valued at $27.40M in 2018Q1, according to the filing. It also increased its holding in Bank New York Mellon Corp (NYSE:BK) by 109,500 shares in the quarter, for a total of 250,500 shares, and has risen its stake in Waters Corp (NYSE:WAT).

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on October, 16. They expect $3.30 EPS, up 24.06 % or $0.64 from last year’s $2.66 per share. UNH’s profit will be $3.17B for 19.47 P/E if the $3.30 EPS becomes a reality. After $3.14 actual EPS reported by UnitedHealth Group Incorporated for the previous quarter, Wall Street now forecasts 5.10 % EPS growth.

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Bizjournals.com which released: “UnitedHealthcare tops Target as Minnesota’s most valuable brand, study says (slideshow)” on July 06, 2018, also Fool.com with their article: “3 Dividend Stocks That Are Perfect for Retirement” published on July 26, 2018, Fool.com published: “Here’s What UnitedHealth Investors Should Be Watching” on July 19, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: Investorplace.com and their article: “10 Strong Buy Stocks From the Best Analysts on Wall Street” published on July 26, 2018 as well as Seekingalpha.com‘s news article titled: “UnitedHealth Group: Buy Or Sell?” with publication date: July 24, 2018.

UnitedHealth Group Incorporated (NYSE:UNH) Ratings Coverage

Among 10 analysts covering UnitedHealth Group (NYSE:UNH), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. UnitedHealth Group has $300 highest and $265 lowest target. $277.60’s average target is 8.02% above currents $257 stock price. UnitedHealth Group had 15 analyst reports since March 8, 2018 according to SRatingsIntel. RBC Capital Markets maintained it with “Outperform” rating and $284 target in Wednesday, July 18 report. Citigroup maintained the shares of UNH in report on Wednesday, July 18 with “Buy” rating. BMO Capital Markets maintained UnitedHealth Group Incorporated (NYSE:UNH) on Thursday, June 7 with “Outperform” rating. The company was maintained on Wednesday, April 18 by Credit Suisse. The firm earned “Buy” rating on Wednesday, April 18 by Bernstein. The firm has “Hold” rating given on Monday, June 11 by Credit Suisse. The firm has “Buy” rating given on Tuesday, April 17 by Piper Jaffray. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Overweight” rating given on Wednesday, July 18 by Morgan Stanley. The rating was maintained by Cantor Fitzgerald on Thursday, March 8 with “Buy”. The stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Overweight” rating by Morgan Stanley on Wednesday, April 18.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart

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