Brant Point Investment Management Continues to Hold Position in Primerica (PRI); Boston Partners Has Cut Unitedhealth Group (UNH) Position by $3.11 Million; Market Value Rose

February 22, 2018 - By Peter Erickson

Boston Partners decreased its stake in Unitedhealth Group Inc (UNH) by 0.61% based on its latest 2017Q3 regulatory filing with the SEC. Boston Partners sold 15,934 shares as the company’s stock rose 9.50% with the market. The institutional investor held 2.60 million shares of the medical specialities company at the end of 2017Q3, valued at $508.87 million, down from 2.61M at the end of the previous reported quarter. Boston Partners who had been investing in Unitedhealth Group Inc for a number of months, seems to be less bullish one the $221.07 billion market cap company. The stock increased 1.48% or $3.33 during the last trading session, reaching $228.46. About 828,189 shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.76% since February 22, 2017 and is uptrending. It has outperformed by 16.06% the S&P500.

Ira Unschuld increased its stake in Primerica Inc (PRI) by 41.8% based on its latest 2017Q3 regulatory filing with the SEC. Brant Point Investment Management Llc bought 48,010 shares as the company’s stock declined 5.20% while stock markets rallied. The hedge fund run by Ira Unschuld held 162,860 shares of the finance company at the end of 2017Q3, valued at $13.28M, up from 114,850 at the end of the previous reported quarter. Brant Point Investment Management Llc who had been investing in Primerica Inc for a number of months, seems to be bullish on the $4.47B market cap company. The stock increased 1.15% or $1.15 during the last trading session, reaching $100.9. About 34,651 shares traded. Primerica, Inc. (NYSE:PRI) has risen 46.20% since February 22, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Since September 5, 2017, it had 0 insider buys, and 9 selling transactions for $27.43 million activity. RENFRO LARRY C sold 22,598 shares worth $5.01 million. ROOS THOMAS E had sold 975 shares worth $200,333 on Thursday, October 19. WILENSKY GAIL R had sold 5,820 shares worth $1.40M on Thursday, January 18. BURKE RICHARD T had sold 20,000 shares worth $4.79M. $2.38 million worth of UnitedHealth Group Incorporated (NYSE:UNH) shares were sold by HOOPER MICHELE J. Another trade for 198 shares valued at $48,025 was sold by Shine Kenneth Irwin.

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on April, 17. They expect $2.92 earnings per share, up 23.21% or $0.55 from last year’s $2.37 per share. UNH’s profit will be $2.83 billion for 19.56 P/E if the $2.92 EPS becomes a reality. After $2.59 actual earnings per share reported by UnitedHealth Group Incorporated for the previous quarter, Wall Street now forecasts 12.74% EPS growth.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.11, from 1.02 in 2017Q2. It is negative, as 46 investors sold UNH shares while 524 reduced holdings. 112 funds opened positions while 408 raised stakes. 810.94 million shares or 0.66% less from 816.36 million shares in 2017Q2 were reported. United Capital Advisers Limited Liability Co accumulated 0.09% or 53,593 shares. Sigma Invest Counselors holds 0.71% in UnitedHealth Group Incorporated (NYSE:UNH) or 25,331 shares. Ancora Limited Liability has invested 0.47% in UnitedHealth Group Incorporated (NYSE:UNH). Mufg Americas Holding Corp accumulated 56,947 shares or 0.36% of the stock. Dorsey & Whitney Trust Limited Co holds 0.66% in UnitedHealth Group Incorporated (NYSE:UNH) or 16,958 shares. State Of Tennessee Treasury Department stated it has 756,176 shares or 0.75% of all its holdings. Hussman Strategic Advisors Inc accumulated 25,000 shares or 1.19% of the stock. Visionary Asset Management Incorporated has invested 0.09% in UnitedHealth Group Incorporated (NYSE:UNH). Td Asset holds 0.59% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 2.01 million shares. 53,398 are held by Zweig. Pinebridge Limited Partnership owns 0.69% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 145,828 shares. Cwm Lc holds 0.28% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 30,320 shares. Coho Ptnrs Ltd, a Pennsylvania-based fund reported 979,900 shares. Blb&B Advsr Ltd Liability Corp stated it has 0.04% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Cincinnati Insurance accumulated 220,081 shares or 1.29% of the stock.

Among 26 analysts covering UnitedHealth Group (NYSE:UNH), 26 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UnitedHealth Group had 79 analyst reports since September 2, 2015 according to SRatingsIntel. Argus Research upgraded the stock to “Buy” rating in Friday, July 22 report. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Monday, December 25 by Cantor Fitzgerald. The rating was maintained by Jefferies with “Buy” on Friday, October 13. The company was maintained on Tuesday, October 17 by Cantor Fitzgerald. The rating was maintained by FBR Capital on Thursday, November 19 with “Outperform”. The rating was maintained by Piper Jaffray on Friday, August 25 with “Buy”. The rating was maintained by Credit Suisse with “Buy” on Wednesday, November 29. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Friday, October 2 by Citigroup. RBC Capital Markets maintained it with “Buy” rating and $18500 target in Monday, June 26 report. Credit Suisse initiated UnitedHealth Group Incorporated (NYSE:UNH) rating on Friday, November 3. Credit Suisse has “Buy” rating and $233.0 target.

Boston Partners, which manages about $53.18 billion and $80.93 billion US Long portfolio, upped its stake in Dxc Technology Co by 532,468 shares to 12.69M shares, valued at $1.09B in 2017Q3, according to the filing. It also increased its holding in Equity Residential (NYSE:EQR) by 6,987 shares in the quarter, for a total of 1.90 million shares, and has risen its stake in Honeywell Intl Inc (NYSE:HON).

Brant Point Investment Management Llc, which manages about $798.12 million and $961.15 million US Long portfolio, decreased its stake in Mercury Sys Inc (NASDAQ:MRCY) by 20,000 shares to 71,000 shares, valued at $3.68 million in 2017Q3, according to the filing. It also reduced its holding in U S Concrete Inc (Call) (NASDAQ:USCR) by 24,800 shares in the quarter, leaving it with 20,000 shares, and cut its stake in Regions Finl Corp New (NYSE:RF).

Since August 31, 2017, it had 0 buys, and 3 insider sales for $549,074 activity. The insider Williams Glenn J. sold $295,997. Schneider Peter W. also sold $100,077 worth of Primerica, Inc. (NYSE:PRI) shares.

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