Kenneth Irwin Shine Sells 838 Shares of UnitedHealth Group Inc (UNH) Stock

UnitedHealth Group Inc (NYSE:UNH) Director Kenneth Irwin Shine sold 838 shares of the business’s stock in a transaction that occurred on Wednesday, April 19th. The stock was sold at an average price of $169.12, for a total value of $141,722.56. Following the sale, the director now owns 28,528 shares of the company’s stock, valued at approximately $4,824,655.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of UnitedHealth Group Inc (NYSE:UNH) traded down 0.22% on Friday, reaching $171.16. 2,982,272 shares of the company’s stock traded hands. UnitedHealth Group Inc has a one year low of $128.53 and a one year high of $172.62. The firm has a market cap of $162.80 billion, a P/E ratio of 23.61 and a beta of 0.68. The company’s 50-day moving average price is $167.19 and its 200 day moving average price is $157.47.

UnitedHealth Group (NYSE:UNH) last issued its earnings results on Tuesday, April 18th. The healthcare conglomerate reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.20. The company had revenue of $48.72 billion for the quarter, compared to analysts’ expectations of $48.21 billion. UnitedHealth Group had a net margin of 3.92% and a return on equity of 21.20%. The firm’s revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.81 EPS. On average, equities analysts forecast that UnitedHealth Group Inc will post $9.51 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for UnitedHealth Group (NYSE:UNH)

COPYRIGHT VIOLATION WARNING: “Kenneth Irwin Shine Sells 838 Shares of UnitedHealth Group Inc (UNH) Stock” was posted by Ticker Report and is owned by of Ticker Report. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.tickerreport.com/banking-finance/2486199/kenneth-irwin-shine-sells-838-shares-of-unitedhealth-group-inc-unh-stock.html.

A number of brokerages have recently issued reports on UNH. Zacks Investment Research cut UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Monday, February 27th. Vetr cut UnitedHealth Group from a “strong-buy” rating to a “buy” rating in a report on Friday, February 10th. Evercore ISI restated an “outperform” rating and set a $185.00 price objective on shares of UnitedHealth Group in a report on Wednesday. Jefferies Group LLC restated a “buy” rating and set a $186.00 price objective on shares of UnitedHealth Group in a report on Tuesday, January 10th. Finally, Piper Jaffray Companies began coverage on UnitedHealth Group in a report on Tuesday, January 3rd. They set an “overweight” rating and a $188.00 price objective for the company. One investment analyst has rated the stock with a hold rating and twenty-three have given a buy rating to the company’s stock. UnitedHealth Group has an average rating of “Buy” and a consensus price target of $181.05.

A number of institutional investors have recently modified their holdings of the company. Jackson Grant Investment Advisers Inc. raised its stake in shares of UnitedHealth Group by 0.4% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,093 shares of the healthcare conglomerate’s stock worth $175,000 after buying an additional 4 shares during the period. Adirondack Trust Co. raised its stake in shares of UnitedHealth Group by 0.5% in the first quarter. Adirondack Trust Co. now owns 990 shares of the healthcare conglomerate’s stock worth $162,000 after buying an additional 5 shares during the period. Beck Mack & Oliver LLC raised its stake in shares of UnitedHealth Group by 0.3% in the third quarter. Beck Mack & Oliver LLC now owns 2,708 shares of the healthcare conglomerate’s stock worth $379,000 after buying an additional 8 shares during the period. Paradigm Financial Advisors LLC raised its stake in shares of UnitedHealth Group by 0.4% in the first quarter. Paradigm Financial Advisors LLC now owns 2,761 shares of the healthcare conglomerate’s stock worth $452,000 after buying an additional 11 shares during the period. Finally, Kernodle & Katon Asset Management Group LLC raised its stake in shares of UnitedHealth Group by 1.8% in the third quarter. Kernodle & Katon Asset Management Group LLC now owns 1,137 shares of the healthcare conglomerate’s stock worth $159,000 after buying an additional 20 shares during the period. Institutional investors own 86.67% of the company’s stock.

About UnitedHealth Group

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

5 Day Chart for NYSE:UNH

Receive News & Ratings for UnitedHealth Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UnitedHealth Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Large Auto Lender Checked Just 8% of Incomes for Applicants
Large Auto Lender Checked Just 8% of Incomes for Applicants
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
Shares at Radius Jump as Bone Drug of Amgen Has Setback
Shares at Radius Jump as Bone Drug of Amgen Has Setback
Blackberry Returns as Stock Surges Following WannaCry
Blackberry Returns as Stock Surges Following WannaCry
Flight Attendants Accuse Frontier Airlines of Not Allowing Breast Feeding
Flight Attendants Accuse Frontier Airlines of Not Allowing Breast Feeding


© 2006-2017 Ticker Report. Google+.