Beach Point Capital Management LP Has Cut By $2.58 Million Its Comcast New (CMCSA) Holding; Unitedhealth Group (UNH) Sentiment Is 0.96

Tuesday, 1 May 2018

Beach Point Capital Management LP Has Cut By $2.58 Million Its Comcast New (CMCSA) Holding; Unitedhealth Group (UNH) Sentiment Is 0.96

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Beach Point Capital Management Lp decreased Comcast Corp New (CMCSA) stake by 15.31% reported in 2017Q4 SEC filing. Beach Point Capital Management Lp sold 64,441 shares as Comcast Corp New (CMCSA)’s stock declined 19.10%. The Beach Point Capital Management Lp holds 356,431 shares with $14.28M value, down from 420,872 last quarter. Comcast Corp New now has $144.93 billion valuation. The stock decreased 1.32% or $0.42 during the last trading session, reaching $31.39. About 32.85M shares traded or 11.55% up from the average. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since April 30, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

Unitedhealth Group Inc (UNH) investors sentiment increased to 0.96 in 2017 Q4. It’s up 0.05, from 0.91 in 2017Q3. The ratio is positive, as 564 funds started new or increased stock positions, while 589 decreased and sold their stock positions in Unitedhealth Group Inc. The funds in our database reported: 806.07 million shares, down from 810.94 million shares in 2017Q3. Also, the number of funds holding Unitedhealth Group Inc in top ten stock positions increased from 114 to 131 for an increase of 17. Sold All: 51 Reduced: 538 Increased: 426 New Position: 138.

UnitedHealth Group Incorporated operates as a diversified health and well-being firm in the United States. The company has market cap of $228.76 billion. The companyÂ’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, individuals, and military service members; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services. It has a 22.05 P/E ratio. It also provides services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, ChildrenÂ’s Health Insurance Program, and health care programs; and health services, including commercial health and dental benefits.

The stock decreased 1.57% or $3.78 during the last trading session, reaching $236.4. About 3.44 million shares traded. UnitedHealth Group Incorporated (UNH) has risen 32.42% since April 30, 2017 and is uptrending. It has outperformed by 20.87% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 12 selling transactions for $32.64 million activity.

Ratings analysis reveals 100% of UnitedHealth’s analysts are positive. Out of 5 Wall Street analysts rating UnitedHealth, 5 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $169.0 while the high is $183.0. The stock’s average target of $175.67 is -25.69% below today’s ($236.4) share price. UNH was included in 5 notes of analysts from October 19, 2016. The stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Buy” rating by Mizuho on Wednesday, October 19. The rating was initiated by Deutsche Bank with “Buy” on Wednesday, April 5. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, November 30. As per Wednesday, December 7, the company rating was upgraded by Cantor Fitzgerald. The rating was initiated by Piper Jaffray on Wednesday, January 4 with “Overweight”.

Garrison Bradford & Associates Inc holds 18.56% of its portfolio in UnitedHealth Group Incorporated for 101,782 shares. Veritas Investment Management Llp owns 410,833 shares or 12.55% of their US portfolio. Moreover, Veritas Investment Management (Uk) Ltd has 9% invested in the company for 110,607 shares. The Wisconsin-based Provident Trust Co has invested 8.27% in the stock. Miura Global Management Llc, a New York-based fund reported 125,000 shares.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.10, from 1.03 in 2017Q3. It dived, as 75 investors sold CMCSA shares while 544 reduced holdings. 122 funds opened positions while 455 raised stakes. 3.66 billion shares or 0.28% more from 3.65 billion shares in 2017Q3 were reported. Highfields Mgmt LP reported 11.38M shares or 3.79% of all its holdings. Moreover, Metropolitan Life Insurance Company Ny has 0.49% invested in Comcast Corporation (NASDAQ:CMCSA). Moreover, Zimmer Partners Lp has 1.52% invested in Comcast Corporation (NASDAQ:CMCSA) for 1.56 million shares. 650,436 are held by Martingale Asset Mngmt Lp. Proshare Advisors Lc stated it has 2.77 million shares. Nomura Asset Limited stated it has 0.58% in Comcast Corporation (NASDAQ:CMCSA). Rhumbline Advisers owns 8.28M shares. Pekin Singer Strauss Asset Mgmt Il owns 8,082 shares for 0.06% of their portfolio. Etrade Ltd holds 0.25% in Comcast Corporation (NASDAQ:CMCSA) or 194,163 shares. Cambridge Tru holds 0.03% in Comcast Corporation (NASDAQ:CMCSA) or 13,625 shares. Private Asset has invested 0.05% in Comcast Corporation (NASDAQ:CMCSA). Mcdonald Investors Incorporated Ca has 2.32 million shares for 7.39% of their portfolio. Solaris Asset Mngmt Ltd Liability Com accumulated 6,100 shares. Chevy Chase Trust holds 4.09 million shares. United Capital Financial Advisers Ltd Liability Corporation holds 0.04% or 126,697 shares in its portfolio.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart