UnitedHealth Group Incorporated (NYSE:UNH).
Vontobel Asset Management Inc reports that it decreased its ownership in UnitedHealth Group Incorporated shares by 155,907 shares in the quarter ending 06/30/2017. Its stake stood at $298,815,000 an increase of $4,245,000 as of the end of the quarter.
Here are some other firms who have updated their holdings. As of the end of the quarter Gateway Investment Advisers LLC had bought a total of 2,378 shares growing its holdings by 0.4%. The value of the investment in UNH increased from $101,882,000 to $115,623,000 increasing 13.5% quarter over quarter. Pennsylvania Trust Co augmented its investment by buying 6,916 shares an increase of 10.2% in the quarter. Pennsylvania Trust Co now controls 75,028 shares with a value of $13,912,000. The value of the position overall is up by 24.5%.
As of quarter end Hays Advisory LLC had disposed of 2,833 shares trimming its stake by 10.9%. The value of the investment in UnitedHealth Group Incorporated went from $4,255,000 to $4,285,000 a change of 0.7% since the last quarter.
On December 7 the company was upgraded from “Hold” to “Buy” in an announcement from Cantor Fitzgerald. On November 30 the stock rating was upgraded to “Buy” from “Neutral” and a price target of $178.00 was set by analysts at Mizuho.
On November 30 Oppenheimer kept the company rating at “Buy” but raised the price expectation to $178.00 from $108.00. November 30 investment analysts at Credit Suisse left the company rating at “Buy” and raised the price target from $138.00 to $178.00.
November 30 investment analysts at Jefferies maintained a stock rating of “Buy” but moved up the price target to $178.00 from $136.00. On November 9 the stock rating was downgraded to “Neutral” from “” in a report from Mizuho.
The company is up by 0.34% since yesterday’s close of $185.95. The company also declared a dividend which was paid on Tuesday the 27th of June 2017. The dividend payment was $0.750 per share for the quarter or $3.00 on an annualized basis. The dividend yield was $1.60. The ex-dividend date was Thursday the 15th of June 2017.
Shares last traded at $186.58 a tad higher than $178.98, the 50 day moving average and just above the 200 day moving average of $168.66. The 50 day moving average was up by +4.27% whereas the 200 day moving average was up $17.97 or +10.66%.
The P/E ratio is currently 23.89 and market cap is 179.85B. In the last earnings report the EPS was $7.81 and is projected to be $9.80 for the current year with 963,661,000 shares presently outstanding. Analysts expect next quarter’s EPS will be $2.55 and the next full year EPS is projected to be $10.78.