Time to Reconsider UnitedHealth Group Inc. (de) (NYSE:UNH) After More Short Sellers?

March 14, 2018 - By Richard Conner

 Time to Reconsider UnitedHealth Group Inc. (de) (NYSE:UNH) After More Short Sellers?

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.11, from 1.02 in 2017Q2. It worsened, as 46 investors sold UnitedHealth Group Incorporated shares while 524 reduced holdings. 112 funds opened positions while 408 raised stakes. 810.94 million shares or 0.66% less from 816.36 million shares in 2017Q2 were reported.
Founders Cap Ltd Limited Liability Company stated it has 0.1% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Mayo Investment Advisers Ltd Company holds 2,500 shares or 0.23% of its portfolio. Reynders Mcveigh Capital Mgmt Lc has invested 0.04% in UnitedHealth Group Incorporated (NYSE:UNH). Fiduciary stated it has 0.33% in UnitedHealth Group Incorporated (NYSE:UNH). Huntington Bancorp holds 0.45% or 135,500 shares in its portfolio. Zeke Advsrs Ltd Company, a Pennsylvania-based fund reported 20,423 shares. Stearns Finance Serv Grp reported 2,736 shares. Savant Cap Llc has invested 0.22% in UnitedHealth Group Incorporated (NYSE:UNH). First Foundation owns 11,714 shares for 0.13% of their portfolio. Todd Asset Ltd invested 1.57% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Regions Financial Corp reported 0.09% stake. 11,376 are owned by Marvin Palmer Assocs. Focused Invsts Ltd Llc accumulated 507,200 shares or 4.21% of the stock. Croft accumulated 16,760 shares or 0.78% of the stock. 421,332 were reported by Cibc World Mkts.

Since September 15, 2017, it had 0 insider buys, and 8 insider sales for $18.68 million activity. 10,000 shares valued at $2.38 million were sold by HOOPER MICHELE J on Wednesday, January 31. 22,598 shares were sold by RENFRO LARRY C, worth $5.01 million on Thursday, December 14. Shares for $2.46M were sold by BALLARD WILLIAM C JR on Tuesday, January 23. BURKE RICHARD T also sold $4.79M worth of UnitedHealth Group Incorporated (NYSE:UNH) on Thursday, January 18. $200,333 worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by ROOS THOMAS E on Thursday, October 19. Shares for $48,025 were sold by Shine Kenneth Irwin on Friday, January 19.

The stock of UnitedHealth Group Inc. (de) (NYSE:UNH) registered an increase of 11.83% in short interest. UNH’s total short interest was 8.18M shares in March as published by FINRA. Its up 11.83% from 7.31M shares, reported previously. With 4.74 million shares average volume, it will take short sellers 2 days to cover their UNH’s short positions. The short interest to UnitedHealth Group Inc. (de)’s float is 0.83%.

The stock decreased 0.56% or $1.28 during the last trading session, reaching $225.66. About 2.13 million shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.76% since March 14, 2017 and is uptrending. It has outperformed by 16.06% the S&P500.

UnitedHealth Group Incorporated operates as a diversified health and well-being firm in the United States. The company has market cap of $218.36 billion. The company??s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, individuals, and military service members; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services. It has a 21.05 P/E ratio. It also provides services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, Children??s Health Insurance Program, and health care programs; and health services, including commercial health and dental benefits.

UnitedHealth Group Incorporated (NYSE:UNH) Ratings Coverage

Among 26 analysts covering UnitedHealth Group (NYSE:UNH), 26 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UnitedHealth Group had 81 analyst reports since September 2, 2015 according to SRatingsIntel. The rating was maintained by Cantor Fitzgerald with “Buy” on Wednesday, December 6. Vetr upgraded UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, September 2 to “Strong-Buy” rating. Citigroup maintained the stock with “Buy” rating in Wednesday, October 18 report. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Friday, July 7 by Oppenheimer. Piper Jaffray maintained it with “Buy” rating and $259.0 target in Tuesday, January 16 report. The stock has “Buy” rating by Cowen & Co on Thursday, July 13. The firm has “Buy” rating given on Wednesday, July 19 by Citigroup. As per Tuesday, October 17, the company rating was maintained by Cantor Fitzgerald. Oppenheimer maintained UnitedHealth Group Incorporated (NYSE:UNH) on Tuesday, July 18 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Buy” on Saturday, September 23.

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Bizjournals.com which released: “See who is interested in buying a publicly traded Nashville health care giant” on March 08, 2018, also Reuters.com with their article: “US can sue UnitedHealth in $1 billion Medicare case, judge rules” published on February 13, 2018, Bizjournals.com published: “UnitedHealth’s Optum is digging into blockchain’s potential” on March 09, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: Forbes.com and their article: “UnitedHealth Group Hits $64 Billion In Value-Based Care Spending” published on March 05, 2018 as well as Bloomberg.com‘s news article titled: “UnitedHealth Drops Out of Envision Sales Process” with publication date: March 14, 2018.

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