Time to Sell UnitedHealth Group Inc After Today’s Option Traders Bearish Bets?

 Time to Sell UnitedHealth Group Inc After Today's Option Traders Bearish Bets?

In today’s session UnitedHealth Group Inc (UNH) recorded an unusually high (223) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious UNH decrease. With 223 contracts traded and 214 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: UNH161118P00133000 closed last at: $0.85 or 46.6% up. About 1.21 million shares traded hands. UnitedHealth Group Inc (NYSE:UNH) has risen 8.98% since March 30, 2016 and is uptrending. It has outperformed by 5.97% the S&P500.

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 19 analyst reports since September 2, 2015 according to StockzIntelligence Inc. JP Morgan initiated UnitedHealth Group Inc (NYSE:UNH) on Wednesday, September 16 with “Overweight” rating. The firm earned “Buy” rating on Friday, July 22 by Argus Research. As per Wednesday, December 16, the company rating was initiated by Credit Suisse. Mizuho maintained the stock with “Buy” rating in Friday, November 20 report. The stock has “Outperform” rating given by RBC Capital Markets on Wednesday, July 20. The stock of UnitedHealth Group Inc (NYSE:UNH) earned “Buy” rating by Mizuho on Wednesday, October 19. The rating was initiated by Bernstein with “Outperform” on Thursday, June 16. The rating was upgraded by Vetr to “Strong-Buy” on Wednesday, September 2. The stock of UnitedHealth Group Inc (NYSE:UNH) has “Buy” rating given on Friday, October 2 by Citigroup. The stock of UnitedHealth Group Inc (NYSE:UNH) has “Buy” rating given on Friday, April 8 by Cleveland.

According to Zacks Investment Research, “UnitedHealth Group Inc. offers health care coverage and related services to help people achieve improved health and well-being through all stages of life. The company’s products and services reflect a number of core capabilities, including medical information management, health benefit administration, care coordination, risk assessment and pricing, health benefit design and provider contracting. With these capabilities, it is able to provide comprehensive health care management services through organized health systems and insurance products.”

Insitutional Activity: The institutional sentiment decreased to 0.92 in Q2 2016. Its down 0.02, from 0.94 in 2016Q1. The ratio turned 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.
Barry Invest Ltd Liability has 0.09% invested in the company for 1,642 shares. Essex Investment Management Co Limited Com holds 0.36% or 15,257 shares in its portfolio. Armstrong Shaw Ct owns 98,736 shares or 3.55% of their US portfolio. Bbva Compass last reported 0.27% of its portfolio in the stock. British Columbia Investment Mngmt Corp reported 589,583 shares or 0.73% of all its holdings. Pitcairn reported 8,387 shares or 0.15% of all its holdings. Smithfield Tru holds 0.05% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 1,873 shares. Tetrem Mgmt Ltd holds 188,769 shares or 1.03% of its portfolio. Alpha Windward Limited Liability Company accumulated 1,824 shares or 0.19% of the stock. Oak Ridge Ltd Llc accumulated 143,479 shares or 0.52% of the stock. Plante Moran Fincl Advisors Ltd Com accumulated 1,443 shares or 0.15% of the stock. First Financial In has 4,319 shares for 0.35% of their US portfolio. Advance Cap I last reported 0.76% of its portfolio in the stock. Public Employees Retirement Association Of Colorado last reported 0.86% of its portfolio in the stock. Oppenheimer And Communications Inc accumulated 0.27% or 64,163 shares.

Insider Transactions: Since May 13, 2016, the stock had 0 insider purchases, and 5 insider sales for $11.53 million net activity. WILENSKY GAIL R also sold $768,924 worth of UnitedHealth Group Inc (NYSE:UNH) shares. The insider Shine Kenneth Irwin sold 325 shares worth $47,121. Shares for $2.07 million were sold by WILSON D ELLEN. 40,000 shares were sold by BURKE RICHARD T, worth $5.41 million on Wednesday, September 7.

UnitedHealth Group Incorporated is a diversified healthcare company. The company has a market cap of $134.05 billion. The Firm operates through four divisions: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It has a 20.64 P/E ratio. The Firm conducts its activities through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

UNH Company Profile

UnitedHealth Group Incorporated, incorporated on January 25, 1977, is a health and well-being company. The Company’s business platforms include UnitedHealthcare and Optum. UnitedHealthcare provides health care benefits to various clients and markets. Optum is a health services business serving the health care marketplace, including payers, care providers, employers, Governments, life sciences companies and consumers. The Company’s business platforms have four divisions: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx.

More notable recent UnitedHealth Group Inc (NYSE:UNH) news were published by: Forbes.com which released: “December 9th Options Now Available For UnitedHealth Group (UNH)” on October 27, 2016, also Forbes.com with their article: “UnitedHealth Group Absorbs Obamacare Losses As Optum Profits Soar” published on October 18, 2016, Wsj.com published: “UnitedHealth Group Earnings: What to Watch” on October 17, 2016. More interesting news about UnitedHealth Group Inc (NYSE:UNH) were released by: Reuters.com and their article: “BRIEF-UnitedHealth Group Inc – introduced 2017 medicare advantage and drug…” published on October 03, 2016 as well as Seekingalpha.com‘s news article titled: “.UnitedHealth Group: Strong Earnings Beat, Next Stop $180” with publication date: October 20, 2016.

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