Congress Asset Management Company Has Lowered Unitedhealth Group (UNH) Position By $2.65 Million; Lantronix Has 0.73 Sentiment

May 23, 2018 - By Adrian Mccoy

Lantronix, Inc. (NASDAQ:LTRX) Logo

Lantronix Inc (LTRX) investors sentiment increased to 0.73 in 2017 Q4. It’s up 0.02, from 0.71 in 2017Q3. The ratio improved, as 8 hedge funds opened new and increased holdings, while 11 decreased and sold stock positions in Lantronix Inc. The hedge funds in our database now possess: 2.75 million shares, down from 2.97 million shares in 2017Q3. Also, the number of hedge funds holding Lantronix Inc in top ten holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 8 Increased: 3 New Position: 5.

Congress Asset Management Company decreased Unitedhealth Group Inc (UNH) stake by 3.3% reported in 2017Q4 SEC filing. Congress Asset Management Company sold 12,034 shares as Unitedhealth Group Inc (UNH)’s stock declined 0.93%. The Congress Asset Management Company holds 352,455 shares with $77.70 million value, down from 364,489 last quarter. Unitedhealth Group Inc now has $235.61 billion valuation. The stock decreased 1.10% or $2.72 during the last trading session, reaching $245.18. About 2.64M shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.42% since May 23, 2017 and is uptrending. It has outperformed by 20.87% the S&P500.

Herald Investment Management Ltd holds 0.43% of its portfolio in Lantronix, Inc. for 706,425 shares. Roanoke Asset Management Corp Ny owns 105,000 shares or 0.1% of their US portfolio. Moreover, Essex Investment Management Co Llc has 0.04% invested in the company for 152,196 shares. The Missouri-based Kennedy Capital Management Inc. has invested 0.01% in the stock. A.R.T. Advisors Llc, a New York-based fund reported 17,069 shares.

Lantronix, Inc. provides secure data access and management solutions for Internet of Things assets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company has market cap of $53.10 million. The companyÂ’s IoT products include IoT gateways, which provide secure connectivity and the ability to add integrated device management and advanced data access features; and IoT building blocks that offer basic secure machine connectivity and unmanaged data access. It currently has negative earnings. It also offers information technology (IT) management products, which comprise console management, power management, and keyboard video mouse products that offer remote access to IT and networking infrastructure deployed in test labs, data centers, and server rooms; and xPrintServer.

The stock increased 3.19% or $0.09 during the last trading session, reaching $2.91. About 106,374 shares traded or 246.60% up from the average. Lantronix, Inc. (LTRX) has declined 30.19% since May 23, 2017 and is downtrending. It has underperformed by 41.74% the S&P500.

More recent Lantronix, Inc. (NASDAQ:LTRX) news were published by: Benzinga.com which released: “Lantronix Q3 Earnings Preview” on April 26, 2018. Also Seekingalpha.com published the news titled: “Lantronix’s (LTRX) CEO Jeff Benck on Q3 2018 Results – Earnings Call Transcript” on April 27, 2018. Nasdaq.com‘s news article titled: “Lantronix Reports Third Quarter Fiscal 2018, Net Revenue of $11.6 Million” with publication date: April 26, 2018 was also an interesting one.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $76,758 activity.

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. The firm earned “Neutral” rating on Wednesday, November 9 by Mizuho. RBC Capital Markets maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Wednesday, July 19. RBC Capital Markets has “Buy” rating and $21200 target. Morgan Stanley maintained the shares of UNH in report on Thursday, August 17 with “Overweight” rating. The firm has “Buy” rating by Piper Jaffray given on Tuesday, January 16. The stock has “Buy” rating by Mizuho on Friday, November 20. The firm has “Buy” rating given on Tuesday, July 18 by Cantor Fitzgerald. Morgan Stanley maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Wednesday, October 18. Morgan Stanley has “Overweight” rating and $235 target. The firm has “Buy” rating by Credit Suisse given on Wednesday, January 17. Jefferies maintained it with “Buy” rating and $248.0 target in Tuesday, November 28 report. The company was maintained on Thursday, July 13 by Cowen & Co.

More recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Bizjournals.com which released: “UnitedHealthcare forms group to reach Fayetteville area” on May 08, 2018. Also 247Wallst.com published the news titled: “Boeing, Home Depot Weigh on Dow Tuesday” on May 22, 2018. Bizjournals.com‘s news article titled: “Polaris, Securian join ranks of Fortune 500 companies; UnitedHealth moves into Top 5 (slideshow)” with publication date: May 21, 2018 was also an interesting one.

Congress Asset Management Company increased Intuitive Surgical Inc (NASDAQ:ISRG) stake by 2,273 shares to 3,611 valued at $1.32 million in 2017Q4. It also upped V F Corporation (NYSE:VFC) stake by 604,228 shares and now owns 763,659 shares. Roper Industries Inc (NYSE:ROP) was raised too.

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on July, 17. They expect $3.03 EPS, up 23.17% or $0.57 from last year’s $2.46 per share. UNH’s profit will be $2.91B for 20.23 P/E if the $3.03 EPS becomes a reality. After $3.04 actual EPS reported by UnitedHealth Group Incorporated for the previous quarter, Wall Street now forecasts -0.33% negative EPS growth.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.05, from 0.91 in 2017Q3. It improved, as 51 investors sold UNH shares while 538 reduced holdings. 138 funds opened positions while 426 raised stakes. 806.07 million shares or 0.60% less from 810.94 million shares in 2017Q3 were reported. Investec Asset Limited reported 2.11M shares. Bainco holds 1.46% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH) for 52,602 shares. Sandy Spring Financial Bank accumulated 0.25% or 12,481 shares. St Germain D J Co holds 0.05% in UnitedHealth Group Incorporated (NYSE:UNH) or 2,015 shares. Vantage Investment Llc owns 2,684 shares. New Mexico Educational Retirement Board reported 92,970 shares. Mondrian Invest Prtn Ltd owns 308,817 shares. Northside Cap Management Limited has invested 0.33% in UnitedHealth Group Incorporated (NYSE:UNH). Foster & Motley owns 14,164 shares for 0.5% of their portfolio. Gamco Incorporated Et Al invested in 49,944 shares or 0.07% of the stock. Cognios Cap Lc invested in 0.8% or 9,621 shares. Rand Wealth Ltd Liability Company invested in 0.27% or 10,992 shares. Partner Fund Mngmt Ltd Partnership holds 1.95% or 372,408 shares in its portfolio. Whalerock Point Prtn Limited Liability reported 2,283 shares. First Natl Bank Of Omaha has 0.04% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 2,838 shares.

Since December 14, 2017, it had 0 insider purchases, and 12 insider sales for $32.64 million activity. $5.08M worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by RENFRO LARRY C. BALLARD WILLIAM C JR sold $2.46M worth of UnitedHealth Group Incorporated (NYSE:UNH) on Tuesday, January 23. BURKE RICHARD T sold $2.39M worth of UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, February 28. 202 shares were sold by Shine Kenneth Irwin, worth $47,959 on Thursday, April 19. HOOPER MICHELE J had sold 10,000 shares worth $2.38M. WILENSKY GAIL R had sold 5,820 shares worth $1.40 million. Shares for $3.28 million were sold by Nelson Steven H on Thursday, March 15.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart

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