Groesbeck Investment Management Has Cut Its Unitedhealth Group Com Com (UNH) Position by $1.82 Million; Comcast New (CMCSA) Stock Price Rose While Shell Asset Management Co Has Raised Its Holding

Comcast Corporation (NASDAQ:CMCSA) Logo

Groesbeck Investment Management Corp decreased its stake in Unitedhealth Group Inc Com Com (UNH) by 25.93% based on its latest 2018Q2 regulatory filing with the SEC. Groesbeck Investment Management Corp sold 7,442 shares as the company’s stock rose 3.88% with the market. The institutional investor held 21,254 shares of the medical specialities company at the end of 2018Q2, valued at $5.21M, down from 28,696 at the end of the previous reported quarter. Groesbeck Investment Management Corp who had been investing in Unitedhealth Group Inc Com Com for a number of months, seems to be less bullish one the $267.98 billion market cap company. The stock decreased 2.72% or $7.78 during the last trading session, reaching $278.55. About 4.64M shares traded or 36.77% up from the average. UnitedHealth Group Incorporated (NYSE:UNH) has risen 33.02% since December 6, 2017 and is uptrending. It has outperformed by 17.40% the S&P500. Some Historical UNH News: 11/04/2018 – Online therapy start-up Talkspace hires a chief medical officer from UnitedHealth; 27/03/2018 – UnitedHealthcare’s Amil Receives Award for Improving Health Care Outcomes in Brazil; 17/04/2018 – UnitedHealth 1Q Operating Cost Ratio 15.4%; 15/05/2018 – Tiger Management Adds UnitedHealth, Exits Comcast: 13F; 17/04/2018 – UNITEDHEALTH GROUP INC UNH.N SEES FY 2018 SHR $11.70 TO $11.95; 24/05/2018 – UnitedHealth: Quest Will Be In Network for All UnitedHealth Plan Participants Starting Jan. 1, 2019; 22/05/2018 – Study: Employees with Access to Wellness Programs Say They Are More Willing to Devote Time to Their Health Compared to People; 27/03/2018 – UnitedHealth Group announced a similar policy earlier this month; 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 GROUP INC – WITTY WILL STEP DOWN FROM UNITEDHEALTH GROUP BOARD OF DIRECTORS, EFFECTIVE IMMEDIATELY

Shell Asset Management Co increased its stake in Comcast Corp New (CMCSA) by 9.91% based on its latest 2018Q2 regulatory filing with the SEC. Shell Asset Management Co bought 58,293 shares as the company’s stock rose 11.66% with the market. The institutional investor held 646,263 shares of the television services company at the end of 2018Q2, valued at $21.20 million, up from 587,970 at the end of the previous reported quarter. Shell Asset Management Co who had been investing in Comcast Corp New for a number of months, seems to be bullish on the $171.47B market cap company. The stock decreased 3.73% or $1.46 during the last trading session, reaching $37.69. About 30.16 million shares traded or 29.36% up from the average. Comcast Corporation (NASDAQ:CMCSA) has declined 4.78% since December 6, 2017 and is downtrending. It has underperformed by 20.40% the S&P500. Some Historical CMCSA News: 10/05/2018 – A regulatory filing last month showed Fox initially chose Disney over Comcast in part over fear of regulatory challenges; 21/05/2018 – UK likely to clear way for Comcast to bid for Sky; 06/03/2018 – Comcast Increases Internet Speeds for Most Customers from Maine Through Virginia; 16/04/2018 – Digi Music News: Comcast Is Threatening Costly `Paid Prioritization’ Surcharges Against Netflix; 25/04/2018 – COMCAST DECLINES TO COMMENT ON WHETHER STILL INTERESTED IN FOX; 18/04/2018 – 21st Century Fox Rejected Higher Offer From Comcast Before Accepting Disney Bid – Filing; 18/04/2018 – NBC News PR: Sunday @DatelineNBC EXCLUSIVE: Bela and Martha Karolyi Break Their Silence with @SavannahGuthrie in “Silent No; 07/05/2018 – Greg Roumeliotis: With @lianabaker — Exclusive: Comcast prepares all-cash bid to gate-crash Disney-Fox deal – sources…; 25/04/2018 – Comcast 1Q Rev $22.8B; 25/04/2018 – COMCAST – ENTERED TERM LOAN CREDIT AGREEMENT, A 364 DAY BRIDGE LOAN CREDIT AGREEMENT

Since June 15, 2018, it had 0 buys, and 13 insider sales for $33.26 million activity. WILENSKY GAIL R had sold 5,740 shares worth $1.51 million on Wednesday, September 12. 10,000 shares valued at $2.65M were sold by BURKE RICHARD T on Thursday, September 13. On Wednesday, July 18 Shine Kenneth Irwin sold $45,262 worth of UnitedHealth Group Incorporated (NYSE:UNH) or 177 shares. Another trade for 15,393 shares valued at $4.07 million was sold by WILSON D ELLEN. HOOPER MICHELE J sold $1.32M worth of UnitedHealth Group Incorporated (NYSE:UNH) on Thursday, September 13. Shares for $5.00 million were sold by RENFRO LARRY C on Friday, June 15.

Investors sentiment increased to 1.1 in 2018 Q2. Its up 0.14, from 0.96 in 2018Q1. It increased, as 39 investors sold UNH shares while 504 reduced holdings. 132 funds opened positions while 463 raised stakes. 792.19 million shares or 0.38% more from 789.19 million shares in 2018Q1 were reported. Farmers And Merchants Invests reported 1.02% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Crossvault Cap Management Ltd Liability holds 4.46% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 34,160 shares. Gradient Investments Limited Liability Corp invested 0.02% in UnitedHealth Group Incorporated (NYSE:UNH). Icon Advisers has invested 0.43% in UnitedHealth Group Incorporated (NYSE:UNH). Mitsubishi Ufj And Corp, Japan-based fund reported 2.13 million shares. Fulton Natl Bank Na stated it has 0.1% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). 61,207 were accumulated by Ajo L P. Hwg Limited Partnership accumulated 10,452 shares or 2.12% of the stock. Smithfield Tru has 0.11% invested in UnitedHealth Group Incorporated (NYSE:UNH). Stone Ridge Asset Management Lc invested in 39,809 shares. 61,654 are held by Piedmont Advisors Lc. Brown Advisory Secs Ltd holds 0.24% or 5,607 shares. Envestnet Asset invested in 0.06% or 99,588 shares. Vanguard Gp reported 68.27M shares. Citigroup has 0.2% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 899,163 shares.

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on January, 15. They expect $3.22 EPS, up 24.32% or $0.63 from last year’s $2.59 per share. UNH’s profit will be $3.10B for 21.63 P/E if the $3.22 EPS becomes a reality. After $3.41 actual EPS reported by UnitedHealth Group Incorporated for the previous quarter, Wall Street now forecasts -5.57% negative EPS growth.

Among 27 analysts covering UnitedHealth Group (NYSE:UNH), 25 have Buy rating, 0 Sell and 2 Hold. Therefore 93% are positive. UnitedHealth Group had 105 analyst reports since September 2, 2015 according to SRatingsIntel. The stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Buy” rating by RBC Capital Markets on Wednesday, July 19. The firm earned “Buy” rating on Wednesday, December 6 by Cantor Fitzgerald. Citigroup maintained UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, October 18 with “Buy” rating. Argus Research upgraded UnitedHealth Group Incorporated (NYSE:UNH) on Friday, July 22 to “Buy” rating. As per Wednesday, September 9, the company rating was reinitiated by Morgan Stanley. The firm has “Neutral” rating by Mizuho given on Wednesday, November 9. Cantor Fitzgerald maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Thursday, November 16. Cantor Fitzgerald has “Buy” rating and $225.0 target. The firm earned “Buy” rating on Tuesday, April 17 by Piper Jaffray. Bernstein maintained the shares of UNH in report on Wednesday, April 18 with “Buy” rating. FBR Capital maintained the stock with “Outperform” rating in Thursday, November 19 report.

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Fool.com which released: “Stock Market Power Rankings: Apple’s $190 Billion Haircut – The Motley Fool” on November 18, 2018, also Globenewswire.com with their article: “Detailed Research: Economic Perspectives on The Western Union, Allscripts Healthcare Solutions, Terreno Realty, UnitedHealth Group, LendingClub, and WP Carey — What Drives Growth in Today’s Competitive Landscape – GlobeNewswire” published on December 04, 2018, 247Wallst.com published: “Democrats’ Congressional Win Could Be Huge for 4 Top Health Care Stocks – 24/7 Wall St.” on November 30, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: Investorplace.com and their article: “10 Value Stocks to Buy for December – Investorplace.com” published on November 30, 2018 as well as Businesswire.com‘s news article titled: “Aetna and Ascension Join Five Other Leading Health Care Companies in Blockchain-Driven Effort to Address Health Care Provider Data Issues – Business Wire” with publication date: December 03, 2018.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Fool.com which released: “Stock Market Power Rankings: Microsoft Parties Like Its 2002 – The Motley Fool” on December 02, 2018, also Bizjournals.com with their article: “AT&T may sell its stake in Hulu – Bizwomen – The Business Journals” published on December 03, 2018, Nasdaq.com published: “Disney Stock Is About to Get Its Magic Back in a Big Way – Nasdaq” on November 14, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Benzinga.com and their article: “Walt Disney Company (The) (NYSE:DIS), Comcast Corporation (NASDAQ:CMCSA) – Streaming Services, Fox Assets And More On The Table For Today’s Disney Earnings – Benzinga” published on November 08, 2018 as well as Bizjournals.com‘s news article titled: “This Week in Comcast: Another showdown with Disney looms – Philadelphia Business Journal” with publication date: November 06, 2018.

Since June 12, 2018, it had 0 insider purchases, and 3 insider sales for $320,261 activity. Another trade for 6,448 shares valued at $228,775 was sold by BLOCK ARTHUR R.

Among 36 analysts covering Comcast Corporation (NASDAQ:CMCSA), 27 have Buy rating, 0 Sell and 9 Hold. Therefore 75% are positive. Comcast Corporation had 98 analyst reports since July 27, 2015 according to SRatingsIntel. Pivotal Research maintained the stock with “Buy” rating in Monday, June 26 report. The stock has “Buy” rating by UBS on Thursday, March 22. The rating was maintained by Macquarie Research with “Neutral” on Tuesday, September 29. As per Monday, December 19, the company rating was maintained by Jefferies. The firm earned “Outperform” rating on Tuesday, January 24 by Telsey Advisory Group. On Wednesday, October 4 the stock rating was maintained by Robert W. Baird with “Buy”. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by SunTrust on Thursday, October 26. The rating was maintained by RBC Capital Markets with “Buy” on Friday, July 7. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, January 31. RBC Capital Markets maintained the stock with “Buy” rating in Friday, September 8 report.

Shell Asset Management Co, which manages about $4.88B US Long portfolio, decreased its stake in Avery Dennison Corp (NYSE:AVY) by 8,228 shares to 54,010 shares, valued at $5.51M in 2018Q2, according to the filing. It also reduced its holding in Renaissancere Holdings Ltd (NYSE:RNR) by 2,793 shares in the quarter, leaving it with 8,561 shares, and cut its stake in Spx Flow Inc.

Comcast Corporation (NASDAQ:CMCSA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.