Todd Asset Management LLC Trimmed Stake in United Healthcare Corp (UNH) by $19.46 Million

July 14, 2018 - By Paula Hilliard

UnitedHealth Group Incorporated (NYSE:UNH) LogoInvestors sentiment is 0.96 in 2018 Q1. 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. Roanoke Asset Mngmt Ny owns 9,305 shares for 0.96% of their portfolio. Shelton Cap Mgmt has 7,156 shares for 0.1% of their portfolio. Citigroup reported 1.15M shares. Bankshares holds 0.35% in UnitedHealth Group Incorporated (NYSE:UNH) or 15,048 shares. Founders Fincl Limited Liability Corporation has 0.08% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 1,148 shares. Columbia Partners L L C Invest has invested 2.5% in UnitedHealth Group Incorporated (NYSE:UNH). Hgk Asset Mngmt has invested 2.18% in UnitedHealth Group Incorporated (NYSE:UNH). Argent Trust holds 0.24% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 4,025 shares. New York-based Tiaa Cref Investment Management Ltd Llc has invested 0.75% in UnitedHealth Group Incorporated (NYSE:UNH). Moneta Gp Inv Advisors Ltd Liability Corp accumulated 4,943 shares or 0.14% of the stock. Parkside Comml Bank & reported 1,606 shares or 0.13% of all its holdings. Auxier Asset Mgmt stated it has 4.01% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Carret Asset Mngmt Ltd Limited Liability Company stated it has 4,011 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys holds 0.26% in UnitedHealth Group Incorporated (NYSE:UNH) or 86,588 shares. The Oklahoma-based Arvest Natl Bank Tru Division has invested 0.02% in UnitedHealth Group Incorporated (NYSE:UNH).

Since January 18, 2018, it had 0 insider buys, and 13 sales for $36.37 million activity. WILENSKY GAIL R sold 5,820 shares worth $1.40 million. 22,184 UnitedHealth Group Incorporated (NYSE:UNH) shares with value of $5.08M were sold by RENFRO LARRY C. BALLARD WILLIAM C JR sold $2.46M worth of stock or 10,000 shares. $2.39M worth of UnitedHealth Group Incorporated (NYSE:UNH) shares were sold by BURKE RICHARD T. Shares for $48,025 were sold by Shine Kenneth Irwin. $2.38 million worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by HOOPER MICHELE J.

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 2.36 million 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 $3.62B US Long portfolio, upped its stake in Ameriprise Financial Inc (NYSE:AMP) by 74,468 shares to 337,976 shares, valued at $50.00 million in 2018Q1, according to the filing. It also increased its holding in Marathon Petroleum Corp (NYSE:MPC) by 192,580 shares in the quarter, for a total of 656,587 shares, and has risen its stake in Eastman Chemical Co (NYSE:EMN).

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on July, 17 before the open. 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 $2.91 billion for 21.34 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.

More important recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Seekingalpha.com which released: “Key events next week – healthcare” on July 13, 2018, also Streetinsider.com published article titled: “American Renal Associates (ARA), UnitedHealthcare (UNH) Announce Settlement”, Seekingalpha.com published: “Oakmark Equity And Income Fund: Second Quarter 2018” on July 11, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) was released by: Bizjournals.com and their article: “UnitedHealth, American Renal have a deal to end lawsuit” with publication date: July 10, 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. As per Thursday, June 21, the company rating was maintained by BMO Capital Markets. The firm has “Overweight” rating given on Wednesday, April 18 by Morgan Stanley. Cantor Fitzgerald maintained UnitedHealth Group Incorporated (NYSE:UNH) on Tuesday, April 17 with “Buy” rating. On Thursday, March 8 the stock rating was maintained by Cantor Fitzgerald with “Buy”. The stock has “Buy” rating by Piper Jaffray on Tuesday, April 17. The firm earned “Hold” rating on Monday, June 11 by Credit Suisse. The firm earned “Buy” rating on Wednesday, April 18 by Bernstein. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, January 16. Credit Suisse maintained UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, April 18 with “Outperform” rating. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, June 7.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart

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