Douglass Winthrop Advisors Maintains Position in Unitedhealth Group (UNH); As Visa (V) Stock Value Rose, Morgens Waterfall Vintiadis & Co Cut Holding by $2.14 Million

UnitedHealth Group Incorporated (NYSE:UNH) Logo

Morgens Waterfall Vintiadis & Co Inc decreased its stake in Visa Inc (V) by 59.81% based on its latest 2018Q1 regulatory filing with the SEC. Morgens Waterfall Vintiadis & Co Inc sold 18,000 shares as the company’s stock rose 5.37% while stock markets declined. The hedge fund held 12,094 shares of the business services company at the end of 2018Q1, valued at $1.45M, down from 30,094 at the end of the previous reported quarter. Morgens Waterfall Vintiadis & Co Inc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $290.48B market cap company. The stock decreased 1.21% or $1.59 during the last trading session, reaching $129.69. About 10.40 million shares traded or 35.84% up from the average. Visa Inc. (NYSE:V) has risen 38.13% since May 30, 2017 and is uptrending. It has outperformed by 25.56% the S&P500.

Douglass Winthrop Advisors Llc increased its stake in Unitedhealth Group Inc (UNH) by 448.62% based on its latest 2018Q1 regulatory filing with the SEC. Douglass Winthrop Advisors Llc bought 29,187 shares as the company’s stock rose 4.65% while stock markets declined. The institutional investor held 35,693 shares of the medical specialities company at the end of 2018Q1, valued at $7.64M, up from 6,506 at the end of the previous reported quarter. Douglass Winthrop Advisors Llc who had been investing in Unitedhealth Group Inc for a number of months, seems to be bullish on the $232.72B market cap company. The stock decreased 1.13% or $2.78 during the last trading session, reaching $242.17. About 2.84M shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 37.57% since May 30, 2017 and is uptrending. It has outperformed by 25.00% the S&P500.

Since December 13, 2017, it had 0 insider purchases, and 5 selling transactions for $12.69 million activity. The insider HOFFMEISTER JAMES H sold 8,423 shares worth $1.08 million. Shares for $5.06 million were sold by MCINERNEY RYAN. 1,712 shares were sold by Biggar Lynne, worth $205,440 on Wednesday, February 14. 6,220 shares were sold by MATSCHULLAT ROBERT W, worth $707,561.

Analysts await Visa Inc. (NYSE:V) to report earnings on July, 19. They expect $1.10 EPS, up 27.91% or $0.24 from last year’s $0.86 per share. V’s profit will be $2.46B for 29.48 P/E if the $1.10 EPS becomes a reality. After $1.11 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts -0.90% negative EPS growth.

Morgens Waterfall Vintiadis & Co Inc, which manages about $187.68M and $131.52 million US Long portfolio, upped its stake in Salesforce Com Inc (NYSE:CRM) by 3,050 shares to 44,050 shares, valued at $5.12M in 2018Q1, according to the filing. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 72,097 shares in the quarter, for a total of 72,197 shares, and has risen its stake in Jpmorgan Chase & Co (NYSE:JPM).

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.17, from 1.05 in 2017Q4. It worsened, as 41 investors sold V shares while 684 reduced holdings. 127 funds opened positions while 513 raised stakes. 1.57 billion shares or 2.35% less from 1.61 billion shares in 2017Q4 were reported. Whitnell holds 1,070 shares. Moreover, Northeast Finance Consultants has 0.11% invested in Visa Inc. (NYSE:V). Origin Asset Management Llp invested 0.82% of its portfolio in Visa Inc. (NYSE:V). Town And Country Natl Bank And Tru Dba First Bankers Tru holds 1.15% or 18,280 shares. Los Angeles Cap Mgmt & Equity Research stated it has 1.09 million shares. Scharf Invests Ltd Liability invested in 0.64% or 189,850 shares. Crawford Investment Counsel invested in 1.36% or 361,075 shares. Integral Derivatives Ltd Liability Com has 0.01% invested in Visa Inc. (NYSE:V). Bourgeon Cap Mngmt Ltd Co owns 45,105 shares. Pub Sector Pension Inv Board has 0.08% invested in Visa Inc. (NYSE:V). Profund Ltd holds 63,147 shares. Cullen Frost Bankers invested 1.85% of its portfolio in Visa Inc. (NYSE:V). 229,546 are held by Maplelane Cap Ltd Liability Com. 2,494 were reported by Sadoff Inv Mgmt Limited Liability Company. Bnp Paribas Asset Hldg has 1.16 million shares for 1.17% of their portfolio.

Among 43 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 9 Hold. Therefore 79% are positive. Visa Inc. had 131 analyst reports since July 21, 2015 according to SRatingsIntel. JP Morgan upgraded the shares of V in report on Monday, June 6 to “Overweight” rating. The stock of Visa Inc. (NYSE:V) earned “Neutral” rating by UBS on Friday, May 18. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, January 4. Keefe Bruyette & Woods maintained the stock with “Outperform” rating in Tuesday, December 8 report. The firm has “Buy” rating by Oppenheimer given on Wednesday, October 25. Stephens maintained the shares of V in report on Tuesday, January 9 with “Buy” rating. The stock has “Buy” rating by Citigroup on Wednesday, October 18. The company was initiated on Thursday, October 22 by Wells Fargo. The company was maintained on Tuesday, October 25 by Stifel Nicolaus. RBC Capital Markets maintained the shares of V in report on Thursday, February 1 with “Buy” rating.

More notable recent Visa Inc. (NYSE:V) news were published by: 247Wallst.com which released: “Google Tops Apple as World’s Most Valuable Brand” on May 29, 2018, also Seekingalpha.com with their article: “Is It Too Late To Buy Visa Stock?” published on May 17, 2018, Seekingalpha.com published: “Why I Would Still Choose Mastercard Over Visa” on May 28, 2018. More interesting news about Visa Inc. (NYSE:V) were released by: Seekingalpha.com and their article: “Visa makes strategic investment in Yellowpepper” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “Mastercard – Priceless” with publication date: May 29, 2018.

Douglass Winthrop Advisors Llc, which manages about $2.05 billion US Long portfolio, decreased its stake in Transdigm Group Inc (NYSE:TDG) by 113,158 shares to 1,933 shares, valued at $593,000 in 2018Q1, according to the filing. It also reduced its holding in Mastercard Incorporated (NYSE:MA) by 18,307 shares in the quarter, leaving it with 440,605 shares, and cut its stake in Deere & Co (NYSE:DE).

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Bizjournals.com which released: “Polaris, Securian join ranks of Fortune 500 companies; UnitedHealth moves into Top 5 (slideshow)” on May 21, 2018, also Streetinsider.com with their article: “UnitedHealth Group (UNH) Announces Long-term Strategic Partnership with LabCorp (LH)” published on May 24, 2018, Schaeffersresearch.com published: “Best Dow Stock to Own Next Week” on May 25, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: Seekingalpha.com and their article: “UnitedHealth, Quest Diagnostics unveil strategic partnership” published on May 24, 2018 as well as Bizjournals.com‘s news article titled: “UnitedHealthcare forms group to reach Fayetteville area” with publication date: May 08, 2018.

Among 27 analysts covering UnitedHealth Group (NYSE:UNH), 27 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UnitedHealth Group had 88 analyst reports since September 2, 2015 according to SRatingsIntel. Cantor Fitzgerald maintained the shares of UNH in report on Tuesday, July 18 with “Buy” rating. The firm has “Buy” rating given on Wednesday, April 18 by Bernstein. The rating was maintained by Cowen & Co on Friday, August 11 with “Buy”. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Wednesday, October 19 by Mizuho. The firm has “Buy” rating by Mizuho given on Friday, November 20. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Overweight” rating given on Wednesday, June 7 by Morgan Stanley. As per Wednesday, July 19, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Thursday, November 16 by Cantor Fitzgerald. The firm has “Overweight” rating given on Friday, April 7 by Cantor Fitzgerald. Morgan Stanley maintained UnitedHealth Group Incorporated (NYSE:UNH) on Thursday, August 17 with “Overweight” rating.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart