After Today’s Bullish Options Activity, Is UnitedHealth Group Inc’s Near-Term Analysis Positive?

 After Today's Bullish Options Activity, Is UnitedHealth Group Inc's Near Term Analysis Positive?

In today’s session UnitedHealth Group Inc (UNH) registered an unusually high (270) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious UNH increase. With 270 contracts traded and 46854 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: UNH170120C00150000 closed last at: $1.94 or 16.2% up. The stock decreased 0.24% or $0.33 during the last trading session, hitting $138.16. About 2.45 million shares traded hands. UnitedHealth Group Inc (NYSE:UNH) has risen 13.93% since March 2, 2016 and is uptrending. It has outperformed by 4.69% the S&P500.

Analysts await UnitedHealth Group Inc (NYSE:UNH) to report earnings on October, 20. They expect $2.07 earnings per share, up 25.45% or $0.42 from last year’s $1.65 per share. UNH’s profit will be $1.95B for 16.69 P/E if the $2.07 EPS becomes a reality. After $1.96 actual earnings per share reported by UnitedHealth Group Inc for the previous quarter, Wall Street now forecasts 5.61% EPS growth.

UnitedHealth Group Inc (NYSE:UNH) Ratings Coverage

Out of 15 analysts covering UnitedHealth Group (NYSE:UNH), 15 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. UnitedHealth Group has been the topic of 18 analyst reports since September 2, 2015 according to StockzIntelligence Inc. Argus Research upgraded UnitedHealth Group Inc (NYSE:UNH) on Friday, July 22 to “Buy” rating. The company was initiated on Thursday, June 16 by Bernstein. The firm has “Strong-Buy” rating by Vetr given on Wednesday, September 2. On Wednesday, July 20 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock has “Buy” rating given by Citigroup on Friday, October 2. The stock has “Buy” rating given by Mizuho on Friday, November 20. As per Thursday, November 19, the company rating was maintained by FBR Capital. The stock has “Outperform” rating given by Credit Suisse on Wednesday, December 16. The firm earned “Buy” rating on Friday, April 8 by Cleveland. The stock of UnitedHealth Group Inc (NYSE:UNH) earned “Overweight” rating by JP Morgan on Wednesday, September 16.

Insitutional Activity: The institutional sentiment decreased to 0.92 in 2016 Q2. Its down 0.02, from 0.94 in 2016Q1. The ratio is negative, as 55 funds sold all UnitedHealth Group Inc 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.
The Wisconsin-based Legacy Cap Prtn has invested 0.54% in UnitedHealth Group Inc (NYSE:UNH). Quantitative Investment Mngmt Ltd Liability Com has 53,100 shares for 0.35% of their US portfolio. Ray Gerald L And Limited has invested 1.3% of its portfolio in UnitedHealth Group Inc (NYSE:UNH). Cypress Capital Group Inc accumulated 0.15% or 4,493 shares. Azimuth Capital Mngmt Ltd Com accumulated 1.3% or 102,537 shares. Ww Asset Mgmt Inc last reported 0.53% of its portfolio in the stock. Aperio Group Ltd Limited Liability Company has 675,591 shares for 0.75% of their US portfolio. Mastrapasqua Asset Inc has 39,995 shares for 1.41% of their US portfolio. Moreover, High Point State Bank Trust Com has 0.14% invested in UnitedHealth Group Inc (NYSE:UNH) for 3,551 shares. Element Mgmt Llc owns 43,401 shares or 0.93% of their US portfolio. Moreover, Pub Sector Pension Inv Board has 0.28% invested in UnitedHealth Group Inc (NYSE:UNH) for 180,169 shares. Highland Capital Mngmt Ltd Partnership has invested 0.69% of its portfolio in UnitedHealth Group Inc (NYSE:UNH). Hennessy Advsrs Incorporated holds 0.16% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 37,600 shares. Balyasny Asset Mgmt Ltd Liability Corp last reported 0.24% of its portfolio in the stock. Woodmont Investment Counsel Ltd Limited Liability Company last reported 0.83% of its portfolio in the stock.

Insider Transactions: Since April 20, 2016, the stock had 0 insider buys, and 5 sales for $10.22 million net activity. 962 shares with value of $127,266 were sold by Shine Kenneth Irwin on Wednesday, April 20. Shares for $5.41 million were sold by BURKE RICHARD T. The insider WILENSKY GAIL R sold 5,500 shares worth $768,924. 5,000 shares with value of $674,355 were sold by BALLARD WILLIAM C JR on Wednesday, April 20.

UnitedHealth Group Incorporated is a diversified healthcare company. The company has a market cap of $130.16 billion. The Firm operates through four divisions: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It has a 21.62 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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