As Unitedhealth Group (UNH) Share Price Declined, Holder Needelman Asset Management Lowered Its Position; Campbell Newman Asset Management Has Decreased Its Jp Morgan Chase & Co. (JPM) Holding by $711,790 as Market Value Rose

April 22, 2018 - By wolcottdaily

UnitedHealth Group Incorporated (NYSE:UNH) Logo

Campbell Newman Asset Management Inc decreased its stake in Jp Morgan Chase & Co. (JPM) by 2.72% based on its latest 2017Q4 regulatory filing with the SEC. Campbell Newman Asset Management Inc sold 6,715 shares as the company’s stock rose 0.67% while stock markets declined. The institutional investor held 240,040 shares of the major banks company at the end of 2017Q4, valued at $25.67M, down from 246,755 at the end of the previous reported quarter. Campbell Newman Asset Management Inc who had been investing in Jp Morgan Chase & Co. for a number of months, seems to be less bullish one the $380.16 billion market cap company. The stock decreased 0.22% or $0.25 during the last trading session, reaching $111.47. About 15.58 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since April 22, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

Needelman Asset Management Inc decreased its stake in Unitedhealth Group Inc (UNH) by 21.79% based on its latest 2017Q4 regulatory filing with the SEC. Needelman Asset Management Inc sold 1,760 shares as the company’s stock declined 0.93% with the market. The institutional investor held 6,317 shares of the medical specialities company at the end of 2017Q4, valued at $1.39 million, down from 8,077 at the end of the previous reported quarter. Needelman Asset Management Inc who had been investing in Unitedhealth Group Inc for a number of months, seems to be less bullish one the $227.46 billion market cap company. The stock decreased 0.30% or $0.7 during the last trading session, reaching $235.06. About 2.84 million shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.42% since April 22, 2017 and is uptrending. It has outperformed by 20.87% the S&P500.

Since December 14, 2017, it had 0 insider buys, and 10 selling transactions for $29.08 million activity. Nelson Steven H also sold $3.28 million worth of UnitedHealth Group Incorporated (NYSE:UNH) shares. HOOPER MICHELE J sold $2.38M worth of stock. $2.24 million worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by BURKE RICHARD T on Tuesday, March 20. Shine Kenneth Irwin sold $48,025 worth of stock. BALLARD WILLIAM C JR sold $2.46 million worth of stock or 10,000 shares. 5,820 shares were sold by WILENSKY GAIL R, worth $1.40 million.

Among 27 analysts covering UnitedHealth Group (NYSE:UNH), 27 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UnitedHealth Group had 88 analyst reports since September 2, 2015 according to SRatingsIntel. Cowen & Co maintained UnitedHealth Group Incorporated (NYSE:UNH) on Thursday, July 13 with “Buy” rating. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, June 7. The company was maintained on Monday, June 26 by RBC Capital Markets. The company was maintained on Wednesday, April 18 by Morgan Stanley. Stifel Nicolaus maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Tuesday, June 27. Stifel Nicolaus has “Buy” rating and $18500 target. Argus Research upgraded the shares of UNH in report on Friday, July 22 to “Buy” rating. The rating was initiated by Credit Suisse with “Outperform” on Wednesday, December 16. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Friday, November 3 by Credit Suisse. The firm has “Outperform” rating given on Wednesday, July 20 by RBC Capital Markets. The firm has “Buy” rating by Oppenheimer given on Friday, July 7.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.05, from 0.91 in 2017Q3. It increased, as 51 investors sold UNH shares while 538 reduced holdings. 138 funds opened positions while 426 raised stakes. 806.07 million shares or 0.60% less from 810.94 million shares in 2017Q3 were reported. Ajo Limited Partnership invested in 78,616 shares or 0.07% of the stock. Riverhead Mgmt Ltd Liability Corp holds 0.53% in UnitedHealth Group Incorporated (NYSE:UNH) or 57,032 shares. Badgley Phelps & Bell holds 0.87% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 57,326 shares. 1.83 million are owned by Principal Grp. Sawgrass Asset Management Ltd Liability Co owns 235,463 shares. Baystate Wealth Mgmt Ltd Com, Massachusetts-based fund reported 762 shares. Clearbridge Invests Ltd holds 17.91 million shares or 3.65% of its portfolio. Westover Capital Advisors Ltd Llc reported 6,520 shares. Mitsubishi Ufj And Corporation holds 2.07 million shares or 0.79% of its portfolio. Hgk Asset Mgmt holds 2.2% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 72,320 shares. Stralem And stated it has 93,900 shares or 3.52% of all its holdings. Mechanics Bancshares Trust Department holds 0.11% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 2,219 shares. 19,900 were reported by Loeb Prtn. 10.44M are held by Credit Suisse Ag. Nelson Roberts Inv Lc holds 3.34% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 48,541 shares.

Among 34 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 14 Hold. Therefore 53% are positive. JPMorgan Chase & Co had 119 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Friday, July 7. The rating was downgraded by Goldman Sachs to “Neutral” on Monday, January 11. The firm earned “Buy” rating on Wednesday, December 20 by Wells Fargo. The firm has “Hold” rating given on Friday, April 13 by BMO Capital Markets. The rating was downgraded by Portales Partners on Monday, February 22 to “Underperform”. Morgan Stanley maintained the shares of JPM in report on Wednesday, February 21 with “Overweight” rating. Robert W. Baird maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Tuesday, January 2. Robert W. Baird has “Hold” rating and $108.0 target. As per Tuesday, September 26, the company rating was downgraded by Deutsche Bank. The firm has “Buy” rating given on Monday, January 8 by Jefferies. The rating was upgraded by Atlantic Securities to “Overweight” on Friday, January 15.

Since October 25, 2017, it had 2 insider buys, and 9 selling transactions for $20.34 million activity. $1.03M worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Lake Marianne. 65,101 shares valued at $7.31 million were sold by Erdoes Mary E. on Saturday, January 13. 17,729 shares valued at $1.99M were sold by Friedman Stacey on Saturday, January 13. Another trade for 3,783 shares valued at $425,399 was made by Giles Nicole on Saturday, January 13. BACON ASHLEY sold $1.84 million worth of JPMorgan Chase & Co. (NYSE:JPM) on Saturday, January 13. $5.43M worth of stock was sold by Petno Douglas B on Saturday, January 13.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13. They expect $2.22 EPS, up 21.98% or $0.40 from last year’s $1.82 per share. JPM’s profit will be $7.57 billion for 12.55 P/E if the $2.22 EPS becomes a reality. After $2.37 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -6.33% negative EPS growth.

Investors sentiment decreased to 0.88 in 2017 Q4. Its down 0.03, from 0.91 in 2017Q3. It is negative, as 55 investors sold JPM shares while 802 reduced holdings. 142 funds opened positions while 611 raised stakes. 2.46 billion shares or 1.60% less from 2.50 billion shares in 2017Q3 were reported. Old National National Bank In has 276,136 shares. Birinyi reported 27,612 shares. Stoneridge Inv Prtn Ltd Limited Liability Company stated it has 127,319 shares. Summit Securities Grp Lc has 0.45% invested in JPMorgan Chase & Co. (NYSE:JPM). Gulf Intl Bankshares (Uk) Ltd accumulated 1.11 million shares. Morgan Stanley holds 1.03% or 35.14M shares in its portfolio. Woodley Farra Manion Port Mngmt, a Indiana-based fund reported 75,945 shares. Mutual Of Omaha Bancorp Wealth Management has 0.21% invested in JPMorgan Chase & Co. (NYSE:JPM) for 7,263 shares. Louisiana State Employees Retirement owns 210,100 shares for 1.02% of their portfolio. Aqr Mngmt Ltd Liability Corp holds 6.91M shares. 148,669 are held by Commerzbank Aktiengesellschaft Fi. Exchange invested in 68,290 shares. Torch Wealth Mngmt Limited Liability invested in 2.35% or 36,007 shares. Thrivent For Lutherans invested 0.31% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Bbva Compass Bank & Trust stated it has 1.15% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM).

JPMorgan Chase & Co. (NYSE:JPM) Institutional Positions Chart

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