Cwm LLC Decreased Stake in Unitedhealth Group INC (NYSE:UNH) by $3.71 Million as Shares Rose


Cwm Llc decreased its stake in Unitedhealth Group Inc (NYSE:UNH) by 26.07% based on its latest 2016Q2 regulatory filing with the SEC. Cwm Llc sold 28,999 shares as the company’s stock rose 10.68% with the market. The institutional investor held 82,240 shares of the medical specialities company at the end of 2016Q2, valued at $10.60M, down from 111,239 at the end of the previous reported quarter. Cwm Llc who had been investing in Unitedhealth Group Inc for a number of months, seems to be less bullish one the $129.63 billion market cap company. The stock is down 0.97% or $1.31 after the negative news, hitting $134.19 per share. About 2.46M shares traded hands or 5.13% up from the average. UnitedHealth Group Inc (NYSE:UNH) has risen 23.19% since February 8, 2016 and is uptrending. It has outperformed by 6.70% the S&P500.

Cwm Llc, which manages about $1.90B and $1.14B US Long portfolio, upped its stake in Wal (NYSE:WMT) by 51,163 shares to 68,756 shares, valued at $4.71 million in 2016Q2, according to the filing. It also increased its holding in Ishares Tr (CRED) by 43,965 shares in the quarter, for a total of 54,167 shares, and has risen its stake in Medtronic Plc (NYSE:MDT).

Cwm Llc is a Nebraska-based institutional investor with more than $1.90 billion AUM in January, 2015. This fund invests only a small percentage of its assets in equities and options. Taken from Cwm latest Adv, the fund reported to have 93 full and part-time employees. Among which 45 performing investment advisory and research functions. The institutional investor had more than 2763 clients.

The institutional sentiment decreased to 0.92 in 2016 Q2. Its down 0.02, from 0.94 in 2016Q1. The ratio turned negative, as 55 funds sold all UNH shares owned while 466 reduced positions. 94 funds bought stakes while 386 increased positions. They now own 805.88 million shares or 5.42% less from 852.02 million shares in 2016Q1.

Stanley Capital Management Llc holds 6.59% of its portfolio in UNH for 46,380 shares. Morgens Waterfall Vintiadis & Co Inc owns 45,000 shares or 5.87% of their US portfolio. Moreover, Csu Producer Resources Inc. has 5.7% invested in the company for 6,400 shares. The Guernsey-based Longview Partners (Guernsey) Ltd has invested 5.05% in the stock. Marsico Capital Management Llc, a Colorado-based fund reported 1.02 million shares.

Out of 13 analysts covering Unitedhealth Group Inc. (NYSE:UNH), 13 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Unitedhealth Group Inc. has been the topic of 16 analyst reports since September 16, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the stock on July 20 with “Outperform” rating.

UnitedHealth Group Incorporated is a diversified healthcare company. The company has a market cap of $129.63 billion. The Firm operates through four divisions: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It has a 21 P/E ratio. The Firm conducts its activities through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

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