Westend Advisors Has Decreased Unitedhealth Group (UNH) Stake By $8.92 Billion; Trimble (TRMB) SI Decreased By 13.67%

February 24, 2018 - By Adrian Mccoy

Westend Advisors Llc decreased Unitedhealth Group Inc. (UNH) stake by 14.82% reported in 2017Q3 SEC filing. Westend Advisors Llc sold 45,556 shares as Unitedhealth Group Inc. (UNH)’s stock rose 9.50%. The Westend Advisors Llc holds 261,786 shares with $51.27B value, down from 307,342 last quarter. Unitedhealth Group Inc. now has $222.72 billion valuation. The stock increased 1.35% or $3.07 during the last trading session, reaching $230.16. About 2.39 million shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.76% since February 24, 2017 and is uptrending. It has outperformed by 16.06% the S&P500.

Trimble Inc (NASDAQ:TRMB) had a decrease of 13.67% in short interest. TRMB’s SI was 1.76M shares in February as released by FINRA. Its down 13.67% from 2.04M shares previously. With 785,900 avg volume, 2 days are for Trimble Inc (NASDAQ:TRMB)’s short sellers to cover TRMB’s short positions. The SI to Trimble Inc’s float is 0.7%. The stock increased 1.28% or $0.49 during the last trading session, reaching $38.67. About 1.16M shares traded or 9.97% up from the average. Trimble Inc. (NASDAQ:TRMB) has risen 51.45% since February 24, 2017 and is uptrending. It has outperformed by 34.75% the S&P500.

Westend Advisors Llc increased Health Care Select Sector Spdr Fund (XLV) stake by 44,998 shares to 257,001 valued at $21.00B in 2017Q3. It also upped Consumer Staples Select Sector Spdr Fund (XLP) stake by 25,282 shares and now owns 127,735 shares. Tjx Companies (NYSE:TJX) was raised too.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.11, from 1.02 in 2017Q2. It worsened, 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. Advisors has 2.24% invested in UnitedHealth Group Incorporated (NYSE:UNH). Regent Inv Mgmt Limited Liability Company owns 11,464 shares or 0.76% of their US portfolio. Burke And Herbert Comml Bank And Tru Communication invested 0.45% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Metropolitan Life Insurance Communications New York has 0.61% invested in UnitedHealth Group Incorporated (NYSE:UNH). Cypress Cap Ltd Limited Liability Company reported 1,335 shares. Mutual Of America Capital Mngmt Ltd Liability Company invested 0.47% in UnitedHealth Group Incorporated (NYSE:UNH). Cambridge Inc holds 5,860 shares or 0.44% of its portfolio. Keybank Natl Association Oh holds 0.11% or 92,833 shares. Natl Pension Serv invested in 0.78% or 725,510 shares. 435,300 were accumulated by Factory Mutual Company. Cincinnati Insurance holds 220,081 shares. Arete Wealth Lc holds 1,104 shares. State Board Of Administration Of Florida Retirement Systems stated it has 0.73% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). River And Mercantile Asset Mngmt Ltd Liability Partnership owns 12,750 shares for 0.37% of their portfolio. 18,386 were accumulated by Comerica Securities.

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on April, 17. They expect $2.92 EPS, up 23.21% or $0.55 from last year’s $2.37 per share. UNH’s profit will be $2.83B for 19.71 P/E if the $2.92 EPS becomes a reality. After $2.59 actual EPS reported by UnitedHealth Group Incorporated for the previous quarter, Wall Street now forecasts 12.74% EPS growth.

Since September 5, 2017, it had 0 insider buys, and 9 insider sales for $27.43 million activity. On Friday, September 15 the insider RENFRO LARRY C sold $10.02 million. HOOPER MICHELE J sold 10,000 shares worth $2.38 million. Shine Kenneth Irwin had sold 198 shares worth $48,025 on Friday, January 19. Shares for $200,333 were sold by ROOS THOMAS E on Thursday, October 19. The insider WILENSKY GAIL R sold 5,820 shares worth $1.40 million. On Thursday, January 18 the insider BURKE RICHARD T sold $4.79 million. $2.46 million worth of stock was sold by BALLARD WILLIAM C JR on Tuesday, January 23.

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. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Friday, October 6 by Mizuho. The stock has “Buy” rating by Credit Suisse on Friday, November 3. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Wednesday, December 6 by Cantor Fitzgerald. RBC Capital Markets maintained UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, July 19 with “Buy” rating. The firm earned “Overweight” rating on Wednesday, September 16 by JP Morgan. RBC Capital Markets maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Wednesday, November 30. RBC Capital Markets has “Outperform” rating and $175 target. The company was maintained on Wednesday, November 29 by Credit Suisse. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Overweight” rating given on Friday, April 7 by Cantor Fitzgerald. The stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Buy” rating by RBC Capital Markets on Monday, August 21. The stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Overweight” rating by Morgan Stanley on Wednesday, September 9.

Investors sentiment decreased to 1.18 in 2017 Q3. Its down 0.10, from 1.28 in 2017Q2. It fall, as 18 investors sold Trimble Inc. shares while 126 reduced holdings. 39 funds opened positions while 131 raised stakes. 221.33 million shares or 0.83% less from 223.17 million shares in 2017Q2 were reported. Qs Lc accumulated 37 shares or 0% of the stock. Amalgamated National Bank holds 49,555 shares. 10,000 were accumulated by Park Natl Oh. Arizona State Retirement has 0.07% invested in Trimble Inc. (NASDAQ:TRMB) for 143,442 shares. Loring Wolcott Coolidge Fiduciary Advsr Llp Ma holds 305,351 shares. Bnp Paribas Arbitrage holds 115,694 shares or 0.01% of its portfolio. 27,581 are owned by Ngam Advsr Lp. One Limited Liability Co accumulated 7,000 shares or 0.06% of the stock. International Invsts holds 0.38% or 8.07 million shares in its portfolio. Point72 Asia (Hong Kong) Limited stated it has 0% in Trimble Inc. (NASDAQ:TRMB). Oppenheimer Asset Management invested in 22,026 shares or 0.02% of the stock. Hall Laurie J Trustee invested 0.06% of its portfolio in Trimble Inc. (NASDAQ:TRMB). Arrowstreet L P has invested 0.1% in Trimble Inc. (NASDAQ:TRMB). Moreover, Mitsubishi Ufj Tru Banking Corp has 0.04% invested in Trimble Inc. (NASDAQ:TRMB). Moreover, Bankshares Of America De has 0.01% invested in Trimble Inc. (NASDAQ:TRMB).

Among 17 analysts covering Trimble Navigation Limited (NASDAQ:TRMB), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Trimble Navigation Limited had 38 analyst reports since August 5, 2015 according to SRatingsIntel. Dougherty & Company maintained the stock with “Buy” rating in Friday, November 4 report. The stock of Trimble Inc. (NASDAQ:TRMB) has “Buy” rating given on Friday, February 9 by Oppenheimer. Raymond James initiated the shares of TRMB in report on Tuesday, June 14 with “Outperform” rating. Piper Jaffray maintained Trimble Inc. (NASDAQ:TRMB) rating on Friday, October 27. Piper Jaffray has “Buy” rating and $49.0 target. The stock of Trimble Inc. (NASDAQ:TRMB) earned “Buy” rating by Robert W. Baird on Thursday, October 26. On Friday, October 27 the stock rating was maintained by Wells Fargo with “Market Perform”. The stock has “Hold” rating by Craig Hallum on Thursday, February 9. Oppenheimer maintained it with “Buy” rating and $3900 target in Tuesday, June 13 report. The firm has “Neutral” rating by Goldman Sachs given on Friday, November 20. Morgan Stanley maintained Trimble Inc. (NASDAQ:TRMB) rating on Thursday, August 17. Morgan Stanley has “Equal-Weight” rating and $38 target.

Trimble Inc. provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company has market cap of $9.63 billion. The companyÂ’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; building information modeling software; integrated site layout and measurement systems; applications for sub-contractors and trades; integrated workplace management services software; capital program and facility management solutions; field based data collection systems; and communication systems and back-office software. It has a 82.28 P/E ratio. The Company’s Field Solutions segment provides guidance and positioning, and automated application systems; and information management solutions, as well as systems to collect authoritative field data.

Since August 28, 2017, it had 0 buys, and 7 insider sales for $12.51 million activity. Gibson Chris sold $2.03 million worth of stock or 53,285 shares. PAINTER ROBERT G sold 6,946 shares worth $277,840. MATTHEWS DARRYL R had sold 3,714 shares worth $143,583 on Wednesday, September 6. Kliem Jurgen had sold 44,662 shares worth $1.72 million on Tuesday, September 5. KIRKLAND JAMES A sold 365 shares worth $14,118. PEEK MARK S sold $397,985 worth of stock or 10,000 shares. The insider BERGLUND STEVEN W sold 200,000 shares worth $7.93 million.

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