UnitedHealth 3Q earnings and revenue top expectations

Modesto Morganelli
Ottobre 18, 2018

UnitedHealth Group Incorporated institutional ownership is held at 88.4% while insider ownership was 0.5%.

In other news, EVP D Ellen Wilson sold 15,393 shares of UnitedHealth Group stock in a transaction on Friday, August 24th. In the meantime, the UnitedHealth Group Incorporated's 14-day RSI was settled at 40.52. Now 28.80% of shares owned by company management and 42.10% of shares possessed by institutional investors.

The company repurchased 1.9 million shares in the third quarter, bringing year-to-date purchases to 15.7 million shares for $3.65 billion. Welch Group LLC purchased a new position in UnitedHealth Group during the 2nd quarter worth $106,000. (SA) stock reported move of -1.86% and stock price is seen at $14.23. Following the transaction, the executive vice president now directly owns 66,402 shares of the company's stock, valued at $17,549,384.58. The relative volume of the stock is 2.49. MAI Capital Management increased its holdings in shares of UnitedHealth Group by 2.5% during the second quarter. Morgan Stanley now owns 5,498,557 shares of the healthcare conglomerate's stock worth $1,349,017,000 after purchasing an additional 269,652 shares in the last quarter. Institutional investors own 85.35% of the company's stock. Shorter moving average timeframes are more sensitive to price fluctuations and can pick up on trend changes more quickly than longer-term moving averages. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Steven H. Nelson sold 8,142 shares of the stock in a transaction that occurred on Thursday, September 13th. The shares were sold at an average price of $263.41, for a total transaction of $5,268,200.00. The volatility in the shares has experienced by 3.41% in past week and observed of 3.79% in the previous month. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 94,568 shares of company stock worth $24,950,027. Summit Trail Advisors LLC now owns 6,228,065 shares of the healthcare conglomerate's stock worth $6,228,000 after acquiring an additional 6,195,939 shares during the period.

UNH has been the subject of a number of other reports. Jefferies Financial Group raised their price target on UnitedHealth Group from $270.00 to $311.00 and gave the stock a buy rating in a research note on Wednesday, October 3rd. Royal Bank of Canada boosted their price objective on shares of UnitedHealth Group from $282.00 to $284.00 and gave the stock a $255.42 rating in a research report on Wednesday, July 18th. Captivating a peek at sell-side analyst insights, we can understand that the recent mean target price for the company is $292.9. One investment analyst has rated the stock with a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the company. While 20-Day Moving Average VS Current Price shows "Buy" Signal. Csu Producer Incorporated has invested 6.58% in UnitedHealth Group Incorporated (NYSE:UNH).

The share price is higher to its 52 week low with 0.99% and lagging downward from its 52 week high with -32.80%. The stock has beta of 0.82 suggest that this stock is less risky as compared to market beta of 1. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.63. A PE ratio of 21.2x and expected year-on-year earnings growth of 11% give UnitedHealth Group a higher PEG ratio of 1.89x.

Net earnings attributable to shareholders at the largest USA health insurer rose to $3.19 billion, or $3.24 per share, in the third quarter ended September 30, from $2.49 billion, or $2.51 per share, a year earlier.

Investigating the productivity proportions of UnitedHealth Group Incorporated stock, the speculator will discover its ROE, ROA, ROI remaining at 25.1%, 8%, and 13.6%, individually. In the same period of a year ago, the managed health care giant said it had EPS of $2.66 on $50.32 billion in revenue. Analysts forecast that UnitedHealth Group will post 12.72 EPS for the current year. Stockholders of record on Friday, September 7th were given a $0.90 dividend. The ex-dividend date was Thursday, September 6th. This represents a $3.60 annualized dividend and a yield of 1.32%. Montag A Assoc invested 0.55% in UnitedHealth Group Incorporated (NYSE:UNH).

UnitedHealth Group Incorporated has a market capital of $ 258.57 billion and is part of the Healthcare sector and Health Care Plans industry. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx.

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