UnitedHealth Group Inc $ 324.22 -5.68 (-1.72%)
UNH News and Headlines - UnitedHealth Group Inc
U.S. stocks were in the red on Thursday morning. The Dow fell more than 100 points, or 0.38%, to 28,405, the S&P 500 index slid 0.60% to 3,467 and the Nasdaq Composite Index was down 0.97%, to 11,654.
- Motorola Solutions Inc (MSI) +2.4%
- Gartner Inc (IT) +0.8%
- UnitedHealth Group (UNH) +0.7%
- Kimco Realty Corp (KIM) +0.6%
- Royal Caribbean Cruises Ltd (RCL) -2.8%
- Norwegian Cruise Line Holdings Ltd (NCLH) -4.2%
- Valero Energy (VLO) -3.3%
- Marathon Petroleum (MPC) -1.9%
- Fastenal (FAST) -0.6%
- SL Green Realty Corp. (SLG) -0.7%
The Dow Jones Industrial Average closed at 28,514.00 on Wednesday with a loss of 165.81 points or -0.58%. The S&P 500 closed at 3,488.67 for a loss of 23.26 points or -0.66%. The Nasdaq Composite closed at 11,768.73 for a loss of 95.17 points or -0.80%. The VIX Volatility Index was higher at 26.40 for a gain of 0.33 points or 1.27%.
Wednesday's Market Movers
U.S. indexes closed with losses for a second day.
Bank of America, Goldman Sachs and Wells Fargo released earnings from among the big banks. Goldman Sachs reported a big beat and credit loss provisions in
U.S. stocks were in the green on Wednesday morning. The producer price index climbed a seasonally adjusted 0.4% in September, according to the Labor Department, topping analyst estimates. The Dow advanced more than 28 points, or 0.08%, to 28,703, while the S&P 500 index rose 0.25% to 3,520 and the Nasdaq Composite Index was up 0.44%, to 11,915.
- Waters Corp (WAT) +7.1%
- Walt Disney Co (DIS) +3.1%
- Autozone Inc (AZO) +1.8%
- EOG Resources Inc (EOG) +1.1%
- Royal Caribbean Cruises Ltd (RCL) -13.2%
- Norwegian Cruise Line Holdings Ltd (NCLH) -8.4%
- Fastenal (FAST)
Shares of U.S. health care company CVS Health Corp (CVS) are up 5% over the last three trading sessions and 14% since mid-March. However, they are still 20% down this year, which leaves room for improvement before the tail-end of the year.
The company's performance appears to be gaining some positive sentiment following its most recent quarterly results released last month. The diversified health care company posted strong bottom-line growth of 51.68% from revenue of $61.56 billion— up 3% from the same period last year. The net profit margin improved by nearly 50%
The following cyclical companies have grown their earnings per share over a five-year period. According to the GuruFocus discounted cash flow calculator as of Sept. 10, all of them also trade with a margin of safety.
UnitedHealth Group Inc.'s (UNH) earnings per share have grown 22.60% per annum over the past five years.
According to the DCF calculator, the stock is undervalued with a 11.95% margin of safety at $312 per share. The price-earnings ratio 17.55. The share price has been as high as $324.57 and as low as $187.72 in the last 52 weeks; it is
Glenn Greenberg (Trades, Portfolio)'s Brave Warrior Advisors, LLC manages a $2.01 billion equity portfolio composed of 21 stocks as of the quarter's end. The firm sold shares of the following stocks during the second quarter.
The fund reduced its position in UnitedHealth Group Inc. (UNH) by 37.1%. The trade had an impact of -1.4% on the portfolio.
The private provider of health insurance has a market cap of $293 billion and an enterprise value of $316 billion.
GuruFocus gives the company a profitability and growth rating of 9 out
Greenberg and John Shapiro founded Chieftain Capital Management in 1984, and when the partners split the firm up into two separate companies in 2010, Greenberg's firm was renamed Brave Warrior Investors. Greenberg runs a highly concentrated portfolio, which he holds is a "defense against ignorance," as the more companies you own, the less you know about each. He prefers to invest in companies with little competition, high return on invested capital and good balance
According to the GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.
AMETEK Inc. reached the 52-week high of $101.28
AMETEK Inc. (AME) is a diversified industrial conglomerate. The firm operates through two segments: electronic instruments, or EIG, and electromechanical, or EMG. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals and electrical interconnects, among other products. About half of the firm's sales are made in the United
Ken Fisher (Trades, Portfolio), CEO and chief investment officer of Fisher Investments, disclosed this week that his top four buys for the second quarter were position expansions in NextEra Energy Inc. (NEE), UnitedHealth Group Inc. (UNH), 3M Co. (MMM) and The Walt Disney Co. (DIS).
Fisher, who studied under his father and legendary investor Phil Fisher, wrote Forbes' prestigious "Portfolio Strategy" column from 1984 to 2016 and several finance books, including 1984 Dow Jones bestseller "Super Stocks." The guru's Camas, Washington-based firm invests in stocks based on the idea that supply and demand of securities solely determines
According to the GuruFocus All-in-One Screener, a Premium feature, the stocks of the following guru-owned health care companies have outperformed the S&P 500 Index over the past 12 months through July 10.
UnitedHealth Group Inc. (UNH) has a market cap of $287.94 billion. It has outperformed the S&P 500 by 7.42% over the past year.
Shares are trading with a price-earnings ratio of 7.08. As of Friday, the share price was 61.74% above the 52-week low and 3.87% below the 52-week high.
The company has a GuruFocus profitability rating of 8 out of 10. The return on
UnitedHealth Group Inc. (UNH)
As the largest health insurer in the US, UnitedHealth has seen positive tailwinds from deferred elective procedures due to social distancing policies. The deferring of procedures caused earnings for the June quarter to double, but management reaffirmed their guidance for 2020 indicating that they believe the benefit will be short-lived once stay-at-home orders are lifted and elective procedures normalize. The company generates healthy annual cash flow of $19 billion. It has a top three pharmacy benefit manager in OptumRx and an analytics platform in Optum Insight which means the company can interact more with their patients
According to the GuruFocus All-in-One Screener, a Premium feature, as of July 29, the following guru-held companies have positive future earnings estimates from Morningstar analysts.
Shares of UnitedHealth Group Inc. (UNH) were trading around $298.60 on Wednesday.
The health insurance provider has a GuruFocus profitability rating of 9 out of 10. Its earnings per share have increased 25.50% over the past three years.
Analysts project a three-year to five-year earnings growth rate of 12.61%. The return on equity of 29.56% and return on assets of 9.54% are outperforming 72% of
According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of July 28.
Canadian Pacific Railway
Canadian Pacific Railway Ltd. (CP) has a business predictability rank of five out of five stars and, according to the discounted cash flow calculator, a 22.83% margin of safety at an average price of $276 per share.
The railroad company has a market cap of $37.5 billion and an enterprise value of $44.4 billion. Over the past five years, its revenue and earnings per share have increased 3.3% and 17.1%.
Managed by Jason Kritzer and Samantha Pandolfi, the fund, which is part of Boston-based Eaton Vance, invests heavily in the health care space. The portfolio managers look around the world for securities that are not only reasonably priced, but which they believe will grow in value over time.
Keeping these criteria in mind, the fund’s most notable trades for the three months ended May 31 included additions to the Novartis AG (NVS), UnitedHealth Group Inc. (UNH)
Growth focused investors may be interested in the following stocks, as their price-earnings ratios stand below 20 and their earnings per share have grown meaningfully over the past year.
Ironwood Pharmaceuticals Inc
The first company that meets the above listed criteria is Ironwood Pharmaceuticals Inc (IRWD), a Boston, Massachusetts-based drug manufacturer that develops and commercializes treatments to resolve gastrointestinal problems.
The company’s trailing 12-month earnings grew to 54 cents per diluted share as of the first quarter of 2020, a positive switch from a net loss of $2.52 per diluted share in the same quarter of 2019.
In a CNBC “Closing Bell” interview with Wilfred Frost on Wednesday, legendary value investor Jeremy Grantham (Trades, Portfolio) said he is becoming increasingly sure that the market’s rebound amid the Covid-19 pandemic is forming a bubble that will end painfully for many investors.
“My confidence is rising quite rapidly that this is the fourth ‘Real McCoys’ bubble of my investment career,” Grantham said. “The great bubbles can go on for a long time and inflict a lot of pain.”
The previous three bubbles the leader of Boston-based GMO referred to, which he is noted for accurately predicting,
While many investors are mostly concerned with the ups and downs of the share price, dividend growth investors' primary concern is generating enough income to cover expenses. Reaching that milestone requires annual dividend growth. In this article, we will take a look at three companies that have recently raised their dividend payments.
Target Corp. (TGT) is one of the largest discount retailers in the world. The 118-year-old company sells consumer products and groceries in its nearly 1,900 stores. Besides its “big box” store types, Target also has smaller stores in urban areas that are tailored to consumer tastes.
Bridgewater Associates, the $165 billion hedge fund founded by Ray Dalio (Trades, Portfolio), disclosed this week that its top five buys for the first quarter were McDonald’s Corp. (MCD), UnitedHealth Group Inc. (UNH), Lockheed Martin Corp. (LMT), Phillip Morris International Inc. (PM) and Abbott Laboratories (ABT).
Dalio, co-chief investment officer of Bridgewater, started the Greenwich, Connecticut-based fund in 1975. According to his LinkedIn profile, Dalio invented “industry-changing” approaches to investing, which include the invention of risk parity, currency overlay and portable alpha. The Bridgewater co-chief investment officer listed several key principles in his book “Principles: Life and
The Dow Jones Industrial Average closed at 23,625.34 on Thursday with a gain of 377.37 points or 1.62%. The S&P 500 closed at 2,852.50 for a gain of 32.50 points or 1.15%. The Nasdaq Composite closed at 8,943.72 for a gain of 80.55 points or 0.91%. The VIX Volatility Index was lower at 32.39 for a loss of 2.89 points or -8.19%.
Thursday’s market movers
U.S. stocks ended higher Thursday after two down days. Investors were slightly more optimistic about a slowing rate of unemployment claims, though the Commerce Department’s weekly report showed 2.98 million people requesting payouts.
The Dow Jones Industrial Average closed at 23,883.09 on Tuesday with a gain of 133.33 points or 0.56%. The S&P 500 closed at 2,868.44 for a gain of 25.70 points or 0.90%. The Nasdaq Composite closed at 8,809.12 for a gain 98.41 points or 1.13%. The VIX Volatility Index was lower at 33.60 for a loss of 2.37 points or -6.59%.
Tuesday’s market movers
U.S. indexes ended higher Tuesday. Investors were optimistic over state reopenings. The White House also said it was discussing a phase out of its coronavirus task force.
On the earnings calendar:
- DuPont (DD): Revenue of