Unitedhealth Group (UNH) Share Price Rose While Commerzbank Aktiengesellschaft Raised Its Holding; Ledyard National Bank Stake In Cvs Health (CVS) Was Increased

June 24, 2018 - By Adrian Mccoy

UnitedHealth Group Incorporated (NYSE:UNH) Logo

Ledyard National Bank increased its stake in Cvs Health Corporation (CVS) by 13.98% based on its latest 2018Q1 regulatory filing with the SEC. Ledyard National Bank bought 7,255 shares as the company’s stock declined 3.22% with the market. The institutional investor held 59,139 shares of the medical and nursing services company at the end of 2018Q1, valued at $3.68 million, up from 51,884 at the end of the previous reported quarter. Ledyard National Bank who had been investing in Cvs Health Corporation for a number of months, seems to be bullish on the $73.38B market cap company. The stock increased 1.55% or $1.1 during the last trading session, reaching $72.18. About 9.11M shares traded or 4.48% up from the average. CVS Health Corporation (NYSE:CVS) has declined 13.06% since June 24, 2017 and is downtrending. It has underperformed by 25.63% the S&P500. Some Historical CVS News: 13/03/2018 – Aetna Hldrs Overwhelmingly Approve Proposed Acquisition by CVS Health; 04/04/2018 – CVS Health To Initiate Trial Of Home Dialysis Device As Part Of New Kidney Disease Initiative — MarketWatch; 13/03/2018 – The CVS-Aetna deal marked the beginning of a wave of health-care deals, including Albertsons’s proposed acquisition Rite Aid and Cigna’s plan to buy Express Scripts; 29/03/2018 – @JimCramer’s lightning round: CVS’ management is no good at telling their story; 16/03/2018 – CVS Health is now offering GlaxoSmithKline’s shingles vaccine, Shingrix, at stores nationwide; 04/04/2018 – CVS HEALTH – WILL BE INITIATING CLINICAL TRIAL TO DEMONSTRATE SAFETY & EFFICACY OF NEW HOME HEMODIALYSIS DEVICE; 02/05/2018 – CVS Health 1Q Rev $45.69B; 08/03/2018 – CVS HEALTH TO SUPPLEMENT JOINT PROXY STATEMENT/PROSPECTUS; 20/04/2018 – CVS Pharmacy Offering Hepatitis A Vaccine to Kentuckians Following an Increase in Confirmed Cases of the Virus; 04/04/2018 – CVS Health Plans Initiative on Kidney Care and Dialysis Treatment

Commerzbank Aktiengesellschaft increased its stake in Unitedhealth Group Inc (UNH) by 207.05% based on its latest 2018Q1 regulatory filing with the SEC. Commerzbank Aktiengesellschaft bought 31,613 shares as the company’s stock rose 4.65% while stock markets declined. The institutional investor held 46,881 shares of the medical specialities company at the end of 2018Q1, valued at $10.03 million, up from 15,268 at the end of the previous reported quarter. Commerzbank Aktiengesellschaft who had been investing in Unitedhealth Group Inc for a number of months, seems to be bullish on the $244.45 billion market cap company. The stock increased 0.98% or $2.48 during the last trading session, reaching $254.37. About 2.74M shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 37.57% since June 24, 2017 and is uptrending. It has outperformed by 25.00% the S&P500. Some Historical UNH News: 13/03/2018 – DaVita Inc. Receives SEC Request for Additional Information Regarding Asset Sale to UnitedHealth; 13/03/2018 – Fitch Affirms UnitedHealth’s IFS Ratings at ‘AA-‘; Outlook Stable; 18/05/2018 – UnitedHealth Group Supporting People Affected by Mass Shooting at Santa Fe High School; 07/05/2018 – INSPERITY – ANNOUNCED EXTENSION OF RELATIONSHIP FOR MEDICAL AND DENTAL COVERAGE WITH UNITEDHEALTHCARE; 15/05/2018 – OMEGA ADVISORS – CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017; 17/04/2018 – CORRECT: UNITEDHEALTH BOOSTS FORECAST FOR 2018; 17/04/2018 – UNITEDHEALTH SEES FY ADJ EPS $12.40 TO $12.65; 17/04/2018 – UnitedHealth 1Q Adjusted Cash Flows From Operations $3.23B; 07/05/2018 – Rally Cycling Team Rides “lnspired Bicycles” by Children in Tour of California to Benefit UnitedHealthcare Children’s Foundation; 13/03/2018 – UnitedHealth: Witty to Step Down From UnitedHealth Group Board

More notable recent CVS Health Corporation (NYSE:CVS) news were published by: Nasdaq.com which released: “2 Incredibly Cheap Value Stocks to Buy Now” on June 22, 2018, also 247Wallst.com with their article: “6 Most Important Things in Business Today” published on June 20, 2018, Fool.com published: “Why CVS Health, Foundation Medicine, and Solid Biosciences Jumped Today” on June 19, 2018. More interesting news about CVS Health Corporation (NYSE:CVS) were released by: Gurufocus.com and their article: “CVS Is a Massive Bargain” published on June 22, 2018 as well as Prnewswire.com‘s news article titled: “CVS Health Statement Regarding Ohio Department of Medicaid’s Report on PBM Performance for Managed Care Plans” with publication date: June 21, 2018.

Among 26 analysts covering CVS Health (NYSE:CVS), 19 have Buy rating, 0 Sell and 7 Hold. Therefore 73% are positive. CVS Health had 77 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Thursday, December 17 by Oppenheimer. Vetr upgraded the stock to “Buy” rating in Monday, August 24 report. As per Friday, January 5, the company rating was upgraded by Morgan Stanley. The rating was maintained by RBC Capital Markets with “Buy” on Monday, December 4. Jefferies maintained it with “Buy” rating and $122 target in Thursday, May 12 report. The stock of CVS Health Corporation (NYSE:CVS) earned “Buy” rating by Mizuho on Wednesday, January 24. The firm has “Hold” rating by Deutsche Bank given on Wednesday, July 22. The rating was maintained by Leerink Swann on Monday, January 8 with “Buy”. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, August 5 report. The rating was maintained by Needham on Friday, September 8 with “Hold”.

Ledyard National Bank, which manages about $822.38 million US Long portfolio, decreased its stake in Vanguard Mid Cap Growth Etf (VOT) by 2,916 shares to 46,234 shares, valued at $5.99M in 2018Q1, according to the filing. It also reduced its holding in Spdr S&P Dividend Etf (SDY) by 4,013 shares in the quarter, leaving it with 83,859 shares, and cut its stake in Boeing Co (NYSE:BA).

Investors sentiment increased to 0.9 in Q1 2018. Its up 0.18, from 0.72 in 2017Q4. It is positive, as 97 investors sold CVS shares while 512 reduced holdings. 117 funds opened positions while 431 raised stakes. 821.03 million shares or 0.67% more from 815.59 million shares in 2017Q4 were reported. Cypress has 0.23% invested in CVS Health Corporation (NYSE:CVS). Balyasny Asset Mgmt Ltd Liability Corp owns 33,609 shares or 0.01% of their US portfolio. Moreover, Hm Payson And has 0.08% invested in CVS Health Corporation (NYSE:CVS) for 31,548 shares. Westpac Corp holds 66,195 shares or 0% of its portfolio. 5,278 were accumulated by First Interstate Retail Bank. Violich Mgmt Inc stated it has 2.56% of its portfolio in CVS Health Corporation (NYSE:CVS). 54,022 are owned by Punch Assocs Inv Mngmt Incorporated. Gotham Asset Management stated it has 512,294 shares or 0.45% of all its holdings. Lincoln Natl holds 6,206 shares or 0.01% of its portfolio. 5,421 are owned by Biltmore Wealth Mgmt Lc. Catalyst Capital Advsrs Ltd Liability Company invested 0.01% of its portfolio in CVS Health Corporation (NYSE:CVS). Inverness Counsel Llc Ny stated it has 11,550 shares. Hartford Financial Management Inc reported 1.35% of its portfolio in CVS Health Corporation (NYSE:CVS). Spears Abacus Advsr Ltd Liability Co invested in 12,925 shares or 0.1% of the stock. Clark Estates Inc reported 4.57% in CVS Health Corporation (NYSE:CVS).

Since February 16, 2018, it had 2 buys, and 1 sale for $713,454 activity. $1.42 million worth of CVS Health Corporation (NYSE:CVS) shares were sold by Foulkes Helena. The insider DORMAN DAVID W bought $1.51M.

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Investorplace.com which released: “4 Notable Dividend Increases From the Past Week” on June 11, 2018, also Benzinga.com with their article: “10 Biggest Price Target Changes For Thursday” published on June 21, 2018, Bizjournals.com published: “Three KanCare contracts awarded” on June 22, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: Fool.com and their article: “The 6 Stocks on the MFM Team’s Radar This Week” published on June 19, 2018 as well as Finance.Yahoo.com‘s news article titled: “I Still Believe UnitedHealth Group Is a Triple-Digit Growth Story” with publication date: June 22, 2018.

Since January 18, 2018, it had 0 insider buys, and 13 sales for $36.37 million activity. Another trade for 198 shares valued at $48,025 was made by Shine Kenneth Irwin on Friday, January 19. On Tuesday, January 23 BALLARD WILLIAM C JR sold $2.46M worth of UnitedHealth Group Incorporated (NYSE:UNH) or 10,000 shares. $5.08M worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by RENFRO LARRY C on Thursday, March 15. Shares for $1.40M were sold by WILENSKY GAIL R. HOOPER MICHELE J also sold $2.38 million worth of UnitedHealth Group Incorporated (NYSE:UNH) shares. The insider Nelson Steven H sold $3.28 million.

Commerzbank Aktiengesellschaft, which manages about $8.98 billion US Long portfolio, decreased its stake in Monster Beverage Corp New by 15,714 shares to 167,185 shares, valued at $9.57M in 2018Q1, according to the filing. It also reduced its holding in Tripadvisor Inc (NASDAQ:TRIP) by 106,617 shares in the quarter, leaving it with 97,948 shares, and cut its stake in Mylan N V (NASDAQ:MYL).

Investors sentiment is 0.96 in Q1 2018. Its the same as in 2017Q4. It has no change, as 55 investors sold UNH shares while 532 reduced holdings. only 125 funds opened positions while 440 raised stakes. 789.19 million shares or 2.09% less from 806.07 million shares in 2017Q4 were reported. Tower Limited Co (Trc) holds 34,423 shares or 0.63% of its portfolio. Moreover, Penobscot Com has 0.73% invested in UnitedHealth Group Incorporated (NYSE:UNH). Sumitomo Life Insurance holds 1.16% or 40,864 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 442,242 shares stake. Guggenheim Cap Limited Liability holds 0.29% or 547,869 shares in its portfolio. 1.15M were reported by Citigroup Incorporated. Argent Tru Company has 13,884 shares. Gateway Inv Advisers Ltd has 572,447 shares for 1.09% of their portfolio. Envestnet Asset Mgmt Inc owns 92,657 shares. Moreover, Westfield Mngmt Communications LP has 1.17% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 712,092 shares. Argent has 4,025 shares. 536,973 are held by Vaughan Nelson Invest Mngmt L P. Vigilant Llc holds 1.87% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 61,398 shares. Cornerstone Advsrs stated it has 1.55% in UnitedHealth Group Incorporated (NYSE:UNH). Silvercrest Asset Management Group Limited Liability Corporation invested in 0.02% or 11,335 shares.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart

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