Unitedhealth Group (UNH) Holder Raub Brock Capital Management LP Has Cut Position by $1.10 Million as Stock Rose; Archon Capital Management Has Cut Mitek Sys (MITK) Stake as Valuation Rose

January 14, 2018 - By Ellis Scott

Raub Brock Capital Management Lp decreased its stake in Unitedhealth Group Inc. (UNH) by 5.83% based on its latest 2017Q3 regulatory filing with the SEC. Raub Brock Capital Management Lp sold 5,647 shares as the company’s stock rose 9.50% with the market. The institutional investor held 91,259 shares of the medical specialities company at the end of 2017Q3, valued at $17.87 million, down from 96,906 at the end of the previous reported quarter. Raub Brock Capital Management Lp who had been investing in Unitedhealth Group Inc. for a number of months, seems to be less bullish one the $221.57 billion market cap company. The stock increased 1.44% or $3.25 during the last trading session, reaching $228.64. About 3.94M shares traded or 35.06% up from the average. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.76% since January 14, 2017 and is uptrending. It has outperformed by 16.06% the S&P500.

Constantinos J. Christofilis decreased its stake in Mitek Sys Inc (MITK) by 34.72% based on its latest 2017Q3 regulatory filing with the SEC. Archon Capital Management Llc sold 298,227 shares as the company’s stock rose 40.98% with the market. The hedge fund run by Constantinos J. Christofilis held 560,695 shares of the technology company at the end of 2017Q3, valued at $5.33M, down from 858,922 at the end of the previous reported quarter. Archon Capital Management Llc who had been investing in Mitek Sys Inc for a number of months, seems to be less bullish one the $326.88M market cap company. The stock increased 2.73% or $0.25 during the last trading session, reaching $9.4. About 327,957 shares traded. Mitek Systems, Inc. (NASDAQ:MITK) has declined 2.93% since January 14, 2017 and is downtrending. It has underperformed by 19.63% the S&P500.

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on January, 16. They expect $2.50 earnings per share, up 18.48% or $0.39 from last year’s $2.11 per share. UNH’s profit will be $2.42B for 22.86 P/E if the $2.50 EPS becomes a reality. After $2.66 actual earnings per share reported by UnitedHealth Group Incorporated for the previous quarter, Wall Street now forecasts -6.02% negative EPS growth.

Since August 3, 2017, it had 0 insider purchases, and 6 insider sales for $20.19 million activity. 5,000 UnitedHealth Group Incorporated (NYSE:UNH) shares with value of $969,915 were sold by BALLARD WILLIAM C JR. 50,574 shares were sold by RENFRO LARRY C, worth $10.02 million on Friday, September 15. ROOS THOMAS E sold 975 shares worth $200,333. On Tuesday, September 5 WILENSKY GAIL R sold $1.12M worth of UnitedHealth Group Incorporated (NYSE:UNH) or 5,600 shares.

Among 26 analysts covering UnitedHealth Group (NYSE:UNH), 26 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UnitedHealth Group had 75 analyst reports since September 2, 2015 according to SRatingsIntel. Mizuho maintained the stock with “Buy” rating in Tuesday, July 18 report. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Wednesday, October 19 by Mizuho. The firm earned “Buy” rating on Wednesday, December 6 by Cantor Fitzgerald. The firm earned “Buy” rating on Wednesday, November 30 by Mizuho. On Friday, July 7 the stock rating was maintained by Oppenheimer with “Buy”. As per Wednesday, July 19, the company rating was maintained by RBC Capital Markets. The rating was maintained by Mizuho on Friday, October 6 with “Buy”. As per Wednesday, September 16, the company rating was initiated by JP Morgan. Jefferies maintained the shares of UNH in report on Wednesday, September 20 with “Buy” rating. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Friday, January 12 by Cowen & Co.

Raub Brock Capital Management Lp, which manages about $602.95M and $390.10M US Long portfolio, upped its stake in Canadian National Railway Co (NYSE:CNI) by 9,474 shares to 219,612 shares, valued at $18.20 million in 2017Q3, according to the filing. It also increased its holding in Sherwin (NYSE:SHW) by 2,721 shares in the quarter, for a total of 50,322 shares, and has risen its stake in Hormel Food Corp (NYSE:HRL).

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.11, from 1.02 in 2017Q2. It is negative, 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. Epoch Inv Prtnrs invested 1.71% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Usca Ria Lc reported 5,617 shares or 0.13% of all its holdings. Ckw Financial has invested 0.02% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). The Missouri-based Bkd Wealth Lc has invested 0.12% in UnitedHealth Group Incorporated (NYSE:UNH). Murphy Cap Mngmt Inc, New Jersey-based fund reported 10,815 shares. 794,918 are held by Lord Abbett Ltd Limited Liability Company. The Illinois-based Ubs Asset Management Americas Incorporated has invested 0.8% in UnitedHealth Group Incorporated (NYSE:UNH). Ledyard Bank owns 1,241 shares for 0.03% of their portfolio. Sol Capital Management Communication owns 20,810 shares. Moreover, Palisade Asset Mgmt Ltd Liability has 2% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 54,927 shares. Fuller Thaler Asset Mngmt Inc owns 7,500 shares. Causeway Capital Ltd Liability owns 0.96% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 888,509 shares. Orleans Mgmt La holds 11,274 shares. Greystone Managed Invs stated it has 0.42% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Comm Comml Bank invested 0.42% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH).

Since December 11, 2017, it had 0 insider buys, and 2 sales for $870,936 activity.

Analysts await Mitek Systems, Inc. (NASDAQ:MITK) to report earnings on February, 1. After $0.07 actual EPS reported by Mitek Systems, Inc. for the previous quarter, Wall Street now forecasts -142.86% negative EPS growth.

Archon Capital Management Llc, which manages about $475.28M and $186.17 million US Long portfolio, upped its stake in Agilysys Inc (NASDAQ:AGYS) by 131,057 shares to 1.18 million shares, valued at $14.10M in 2017Q3, according to the filing. It also increased its holding in Fogo De Chao Inc by 167,607 shares in the quarter, for a total of 544,267 shares, and has risen its stake in Starbucks Corp (NASDAQ:SBUX).

Investors sentiment decreased to 1.43 in Q3 2017. Its down 0.54, from 1.97 in 2017Q2. It fall, as 10 investors sold MITK shares while 27 reduced holdings. 25 funds opened positions while 28 raised stakes. 14.02 million shares or 2.95% more from 13.61 million shares in 2017Q2 were reported. Friess Associates Ltd Company invested in 0.2% or 235,695 shares. Susquehanna International Llp holds 0% or 139,737 shares. D E Shaw owns 0% invested in Mitek Systems, Inc. (NASDAQ:MITK) for 93,035 shares. Geode Mngmt Ltd stated it has 264,378 shares. Engineers Gate Manager Ltd Partnership holds 0.02% or 31,163 shares in its portfolio. Invesco Ltd accumulated 117,288 shares. 43,677 are held by State Board Of Administration Of Florida Retirement Systems. 10,660 were accumulated by Prudential. 329,552 are held by Royal Bankshares Of Canada. Cadence Management Ltd Liability Corporation holds 0.09% in Mitek Systems, Inc. (NASDAQ:MITK) or 158,233 shares. 94 were accumulated by Citigroup. M&T Natl Bank Corp owns 40,000 shares or 0% of their US portfolio. Messner & Smith Theme Value Investment Management Ca holds 0.43% or 28,725 shares. Legal General Gp Public Limited Company owns 8,360 shares. Paloma Partners has invested 0% in Mitek Systems, Inc. (NASDAQ:MITK).

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