What Will Happen to UnitedHealth Group Inc Next? The Stock Just Had Huge Bearish Options Activity

 What Will Happen to UnitedHealth Group Inc Next? The Stock Just Had Huge Bearish Options Activity

In today’s session UnitedHealth Group Inc (UNH) recorded an unusually high (849) 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 849 contracts traded and 33894 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: UNH161118P00125000 closed last at: $0.16 or 54.3% down. About 816,291 shares traded hands. UnitedHealth Group Inc (NYSE:UNH) has risen 15.47% since April 12, 2016 and is uptrending. It has outperformed by 10.49% the S&P500.

UnitedHealth Group Inc (NYSE:UNH) Ratings Coverage

Out of 15 analysts covering UnitedHealth Group (NYSE:UNH), 14 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 93% are positive. $169 is the highest target while $124 is the lowest. The $143.48 average target is -3.83% below today’s ($149.2) stock price. UnitedHealth Group has been the topic of 20 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The company was downgraded on Wednesday, November 9 by Mizuho. The firm earned “Buy” rating on Friday, November 20 by Mizuho. The rating was maintained by FBR Capital on Thursday, November 19 with “Outperform”. The firm has “Outperform” rating by Bernstein given on Thursday, June 16. Cleveland initiated the stock with “Buy” rating in Friday, April 8 report. RBC Capital Markets maintained the shares of UNH in a report on Wednesday, July 20 with “Outperform” rating. The rating was initiated by Citigroup on Friday, October 2 with “Buy”. Credit Suisse initiated the stock with “Outperform” rating in Wednesday, December 16 report. Vetr upgraded it to “Strong-Buy” rating and $128.77 target price in Wednesday, September 2 report. The rating was upgraded by Argus Research to “Buy” on Friday, July 22.

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 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.
Deltec Asset Mgmt Limited Liability holds 47,650 shares or 1.69% of its portfolio. Johnson Inv Counsel holds 0.04% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 9,416 shares. Contravisory Inv Mgmt holds 0% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 16 shares. Patten & Patten Inc Tn has invested 0.1% of its portfolio in UnitedHealth Group Inc (NYSE:UNH). Lincoln Corporation holds 2,696 shares or 0.02% of its portfolio. Pinnacle Holding Limited Liability holds 15,357 shares or 0% of its portfolio. Amalgamated Savings Bank holds 0.69% or 84,133 shares in its portfolio. Parkside Natl Bank And Trust holds 0.07% or 996 shares in its portfolio. Marietta Investment Ptnrs Limited Liability Corporation last reported 3,700 shares in the company. Legg Mason Asset Mngmt (Japan) Ltd last reported 1.46% of its portfolio in the stock. Pensionfund Dsm Netherlands accumulated 1.02% or 53,800 shares. Ls Invest Ltd Liability Corporation has 28,952 shares for 0.28% of their US portfolio. Suffolk Cap Mngmt Limited Liability Company has 1.25% invested in the company for 68,620 shares. Fiera Cap accumulated 0.45% or 565,629 shares. Dimensional Fund Advisors L P reported 2.95 million shares or 0.24% of all its holdings.

Insider Transactions: Since June 10, 2016, the stock had 0 buys, and 4 insider sales for $8.30 million net activity. $5.41 million worth of shares were sold by BURKE RICHARD T on Wednesday, September 7. Shares for $47,121 were sold by Shine Kenneth Irwin on Friday, October 21. 5,500 shares were sold by WILENSKY GAIL R, worth $768,924. The insider WILSON D ELLEN sold $2.07 million.

UnitedHealth Group Incorporated is a diversified healthcare company. The company has a market cap of $142.29 billion. The Firm operates through four divisions: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It has a 22.04 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: “UnitedHealth Group Absorbs Obamacare Losses As Optum Profits Soar” on October 18, 2016, also Wsj.com with their article: “UnitedHealth Group Earnings: What to Watch” published on October 17, 2016, Forbes.com published: “December 9th Options Now Available For UnitedHealth Group (UNH)” on October 27, 2016. More interesting news about UnitedHealth Group Inc (NYSE:UNH) were released by: Schaeffersresearch.com and their article: “Analyst Downgrades: UnitedHealth Group Inc, HCA Holdings Inc, and Community …” published on November 09, 2016 as well as Fool.com‘s news article titled: “Why Harley-Davidson, MakeMyTrip Limited, and UnitedHealth Group Jumped Today” with publication date: October 18, 2016.

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