Unitedhealth Group INC (UNH) Holder Voya Investment Management LLC Trimmed Its Stake by $76.12 Million

June 13, 2018 - By Francisco Lee

UnitedHealth Group Incorporated (NYSE:UNH) LogoInvestors sentiment is 0.96 in Q1 2018. Its the same as in 2017Q4. It is the same, 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. Wellington Shields Capital Mgmt Ltd Liability Corporation has invested 0.17% in UnitedHealth Group Incorporated (NYSE:UNH). Sumitomo Mitsui Asset Mgmt Limited holds 208,908 shares. Price T Rowe Assocs Md has 1.27% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 37.40 million shares. Argent Trust Company reported 0.24% stake. Steinberg Asset Mgmt accumulated 5,061 shares. Asset Advsrs Corp invested 0.23% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Cambridge Trust reported 2.06% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Caprock Group reported 0.33% stake. Mgmt Professionals Inc has 0.04% invested in UnitedHealth Group Incorporated (NYSE:UNH). Granite Prtn Llc has 87,740 shares for 1.26% of their portfolio. Alphaone Invest Svcs Limited Liability Com stated it has 2,244 shares or 0.13% of all its holdings. Dsc Advisors Limited Partnership, Illinois-based fund reported 2,246 shares. Redwood Invs Lc holds 68,247 shares or 1.08% of its portfolio. Teacher Retirement Of Texas stated it has 673,259 shares. Mairs & Pwr reported 1.36% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH).

Since December 14, 2017, it had 0 insider buys, and 12 insider sales for $31.36 million activity. Shares for $1.40 million were sold by WILENSKY GAIL R. Shares for $47,959 were sold by Shine Kenneth Irwin on Thursday, April 19. The insider HOOPER MICHELE J sold $2.38M. The insider BURKE RICHARD T sold $3.51 million. RENFRO LARRY C sold $5.01 million worth of stock. Nelson Steven H sold $3.28M worth of stock or 14,233 shares.

Voya Investment Management Llc decreased its stake in Unitedhealth Group Inc (UNH) by 12.33% based on its latest 2018Q1 regulatory filing with the SEC. Voya Investment Management Llc sold 355,714 shares as the company’s stock rose 4.65% while stock markets declined. The institutional investor held 2.53M shares of the medical specialities company at the end of 2018Q1, valued at $541.05M, down from 2.88M at the end of the previous reported quarter. Voya Investment Management Llc who had been investing in Unitedhealth Group Inc for a number of months, seems to be less bullish one the $245.84B market cap company. The stock increased 0.88% or $2.24 during the last trading session, reaching $255.82. About 373,861 shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 37.57% since June 13, 2017 and is uptrending. It has outperformed by 25.00% the S&P500.

Voya Investment Management Llc, which manages about $84.40B and $46.89B US Long portfolio, upped its stake in Texas Instrs Inc (NASDAQ:TXN) by 415,862 shares to 3.73 million shares, valued at $387.67 million in 2018Q1, according to the filing. It also increased its holding in Michaels Cos Inc (NASDAQ:MIK) by 383,241 shares in the quarter, for a total of 3.22M shares, and has risen its stake in Ishares Tr (AGG).

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on July, 17. They expect $3.03 EPS, up 23.17 % or $0.57 from last year’s $2.46 per share. UNH’s profit will be $2.91B for 21.11 P/E if the $3.03 EPS becomes a reality. After $3.04 actual EPS reported by UnitedHealth Group Incorporated for the previous quarter, Wall Street now forecasts -0.33 % negative EPS growth.

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Bizjournals.com which released: “After $9.9 billion sale, Envision turns its attention back to insurance dispute” on June 13, 2018, also 247Wallst.com with their article: “UnitedHealth, Chevron Buoy the Dow Monday” published on June 11, 2018, Investorplace.com published: “4 Notable Dividend Increases From the Past Week” on June 11, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: Seekingalpha.com and their article: “UnitedHealth, Quest Diagnostics unveil strategic partnership” published on May 24, 2018 as well as Globenewswire.com‘s news article titled: “Market Trends Toward New Normal in Cheniere Energy Partners, LP, UnitedHealth Group, Anthem, Sage Therapeutics …” with publication date: June 12, 2018.

UnitedHealth Group Incorporated (NYSE:UNH) Ratings Coverage

Among 13 analysts covering UnitedHealth (NYSE:UNH), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. UnitedHealth had 18 analyst reports since December 25, 2017 according to SRatingsIntel. BMO Capital Markets maintained the shares of UNH in report on Thursday, June 7 with “Outperform” rating. The rating was maintained by Cowen & Co on Friday, January 12 with “Buy”. The stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Outperform” rating by Credit Suisse on Wednesday, April 18. The stock has “Buy” rating by Cantor Fitzgerald on Thursday, March 8. The company was maintained on Friday, January 12 by Jefferies. The stock has “Buy” rating by Piper Jaffray on Tuesday, April 17. Cantor Fitzgerald maintained UnitedHealth Group Incorporated (NYSE:UNH) on Monday, December 25 with “Buy” rating. Credit Suisse maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Wednesday, January 17. Credit Suisse has “Buy” rating and $260.0 target. Bernstein maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Wednesday, April 18. Bernstein has “Buy” rating and $27500 target. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, April 18 report.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart

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