UnitedHealth Group (UNH) Issues FY18 Earnings Guidance

Henrietta Strickland
July 20, 2018

UnitedHealth Group Incorporated (UNH) remained successful in beating the consensus-estimated $2.9 as it actually earned $3.04 per share in its last reported financial results. UnitedHealth Group Incorporated (NYSE:UNH) has risen 37.57% since July 16, 2017 and is uptrending. This repurchase authorization authorizes the healthcare conglomerate to purchase shares of its stock through open market purchases. UnitedHealth had 13 analyst reports since January 18, 2018 according to SRatingsIntel. Hanseatic Management Svcs Inc holds 1.5% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 7,323 shares.

Cognios Capital Llc decreased Unitedhealth Grp Inc (UNH) stake by 55.61% reported in 2018Q1 SEC filing.

Investors sentiment is 0.96 in 2018 Q1. Pathstone Family Office LLC bought a new position in UnitedHealth Group in the 4th quarter worth approximately $129,000. E&G Advsr Limited Partnership reported 0.85% in UnitedHealth Group Incorporated (NYSE:UNH). Many value shareholders look for stocks with a high percentage of insider ownership, under the theory that when administration are shareholders, they will act in its own self-interest, and create shareholder value in the long-term.

UnitedHealth Group Incorporated (UNH) stock gained attention from Active Investors. At the close of regular trading, its last week's stock price volatility was 2.35% which for the month reaches 1.81%. The company's stock had a trading volume of 3,761,070 shares. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.56. The firm's 50 day moving average price is $138.98 and its 200 day moving average price is $137.78.

UnitedHealth Group Incorporated (NYSE:UNH) most recently published its quarterly earnings results on Thursday 04/17/2018. Earnings, adjusted for one-time gains and costs, came to $3.14 per share, far exceeding the per-share projections of $3.03 from analysts on Wall Street, according to a survey by Zacks Investment Research. Revenue, on the other hand, scored 5.37% growth from the previous quarter, coming up with $54.86 billion. UnitedHealth Group had a return on equity of 19.92% and a net margin of 3.62%. First-half revenue was $11.3 billion, a $12.5 billion or 12.7% improvement over the first half of a year ago.

UnitedHealth Group Incorporated (UNH) stock is now showing up return of 1.30% throughout last week and witnessed increasing return of 0.65% in one month period. Cantor Fitzgerald maintained the shares of UNH in report on Thursday, March 8 with "Buy" rating. Analysts are turning out to be more optimistic than before, with 22 of analysts who cover UnitedHealth Group Incorporated (NYSE:UNH) advice adding it to buy candidate list. Twenty-seven research analysts have rated the stock with a buy rating, The company now has an average rating of "Buy" and a consensus price target of $263.71. Two research analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of "Buy" and a consensus price target of $155.84.

In related news, Director Kenneth Irwin Shine sold 325 shares of UnitedHealth Group stock in a transaction on Friday, October 21st. The shares were sold at an average price of $234.20, for a total transaction of $3,513,000.00. After the transaction, the Director BURKE RICHARD T now holds 1,746,533 shares of the company's stock, which is worth approximately $448824050. The sale was made public in a document filed with the SEC. The share price has already crossed its 20 days moving average, floating at a distance of 2.81% and sits 5.08% higher versus its 50 days moving average. Signature Est & Advsrs Ltd Company owns 94,327 shares for 2.04% of their portfolio. The disclosure for this sale can be found here. Corporate insiders own 1.65% of the company's stock.

UnitedHealth Group Incorporated operates as a diversified health and well-being firm in the United States.

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