As Unitedhealth Group (UNH) Market Value Rose, Holder Veritas Asset Management Llp Has Trimmed Position by $426.35 Million; Splunk (SPLK) Holder Motley Fool Wealth Management Has Trimmed Holding by $584,562 as Market Valuation Rose

January 18, 2018 - By Vivian Park

Veritas Asset Management Llp decreased its stake in Unitedhealth Group Inc (UNH) by 41.32% based on its latest 2017Q3 regulatory filing with the SEC. Veritas Asset Management Llp sold 2.19M shares as the company’s stock rose 9.50% with the market. The institutional investor held 3.11 million shares of the medical specialities company at the end of 2017Q3, valued at $608.21 million, down from 5.29 million at the end of the previous reported quarter. Veritas Asset Management Llp who had been investing in Unitedhealth Group Inc for a number of months, seems to be less bullish one the $235.26B market cap company. The stock increased 1.82% or $4.3345 during the last trading session, reaching $242.7645. About 3.28 million shares traded or 12.43% up from the average. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.76% since January 18, 2017 and is uptrending. It has outperformed by 16.06% the S&P500.

Motley Fool Wealth Management Llc decreased its stake in Splunk Inc (SPLK) by 2.9% based on its latest 2017Q3 regulatory filing with the SEC. Motley Fool Wealth Management Llc sold 8,857 shares as the company’s stock rose 2.42% with the market. The institutional investor held 296,235 shares of the prepackaged software company at the end of 2017Q3, valued at $19.68 million, down from 305,092 at the end of the previous reported quarter. Motley Fool Wealth Management Llc who had been investing in Splunk Inc for a number of months, seems to be less bullish one the $12.94 billion market cap company. The stock increased 0.97% or $0.88 during the last trading session, reaching $91.45. About 743,184 shares traded. Splunk Inc. (NASDAQ:SPLK) has risen 30.53% since January 18, 2017 and is uptrending. It has outperformed by 13.83% the S&P500.

Analysts await Splunk Inc. (NASDAQ:SPLK) to report earnings on February, 22. They expect $-0.17 EPS, up 59.52% or $0.25 from last year’s $-0.42 per share. After $-0.39 actual EPS reported by Splunk Inc. for the previous quarter, Wall Street now forecasts -56.41% EPS growth.

Motley Fool Wealth Management Llc, which manages about $130.00M and $1.17B US Long portfolio, upped its stake in Xpo Logistics Inc (NYSE:XPO) by 8,632 shares to 172,332 shares, valued at $11.68M in 2017Q3, according to the filing. It also increased its holding in Nestle Sa (NSRGY) by 15,415 shares in the quarter, for a total of 95,555 shares, and has risen its stake in Guggenheim Bulletshares 2019 (BSCJ).

Since August 14, 2017, it had 0 insider buys, and 16 insider sales for $33.06 million activity. 10,125 shares valued at $683,741 were sold by Merritt Douglas on Wednesday, September 13. 4,851 shares valued at $328,849 were sold by STEIN LEONARD R on Sunday, September 10. 120,000 shares were sold by SULLIVAN GODFREY, worth $7.09M on Monday, August 14. CONTE DAVID F sold $564,563 worth of stock. St. Ledger Susan sold 4,750 shares worth $380,665. Neustaetter Thomas M also sold $244,668 worth of Splunk Inc. (NASDAQ:SPLK) on Wednesday, September 20.

Investors sentiment increased to 1.41 in Q3 2017. Its up 0.35, from 1.06 in 2017Q2. It improved, as 33 investors sold SPLK shares while 81 reduced holdings. 53 funds opened positions while 108 raised stakes. 143.10 million shares or 3.45% more from 138.32 million shares in 2017Q2 were reported. Pictet Asset Management Limited invested in 1.74 million shares. Susquehanna Group Inc Ltd Liability Partnership stated it has 0% in Splunk Inc. (NASDAQ:SPLK). Winslow Lc reported 1.96% in Splunk Inc. (NASDAQ:SPLK). 131,078 were accumulated by Dimensional Fund Advsrs L P. Blair William & Il has 0.04% invested in Splunk Inc. (NASDAQ:SPLK). Pier Cap Ltd Company stated it has 8,888 shares. Adirondack Tru accumulated 50 shares or 0% of the stock. The Connecticut-based Fairfield Bush has invested 0.18% in Splunk Inc. (NASDAQ:SPLK). Ubs Asset Mgmt Americas accumulated 0.02% or 387,775 shares. Tiaa Cref Inv Mngmt Ltd Llc has invested 0.02% of its portfolio in Splunk Inc. (NASDAQ:SPLK). Empirical Fincl Service Ltd Limited Liability Company owns 6,519 shares. Geode Cap Limited Liability Corp invested in 1.17M shares or 0.03% of the stock. Clearbridge Investments Ltd Liability Corporation owns 0.28% invested in Splunk Inc. (NASDAQ:SPLK) for 4.38 million shares. Washington holds 0.52% or 7,300 shares. Gideon Cap Advisors Inc has invested 0.36% of its portfolio in Splunk Inc. (NASDAQ:SPLK).

Among 43 analysts covering Splunk Inc (NASDAQ:SPLK), 34 have Buy rating, 0 Sell and 9 Hold. Therefore 79% are positive. Splunk Inc had 150 analyst reports since August 24, 2015 according to SRatingsIntel. Canaccord Genuity maintained it with “Buy” rating and $65 target in Friday, May 27 report. Canaccord Genuity maintained it with “Buy” rating and $75 target in Wednesday, September 23 report. The stock has “Hold” rating by Wedbush on Thursday, June 15. RBC Capital Markets maintained Splunk Inc. (NASDAQ:SPLK) on Friday, February 26 with “Outperform” rating. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, August 3 report. Citigroup maintained the shares of SPLK in report on Friday, August 26 with “Neutral” rating. The rating was maintained by Jefferies with “Buy” on Tuesday, September 26. The firm has “Hold” rating by Stifel Nicolaus given on Friday, November 17. The rating was maintained by Cantor Fitzgerald on Friday, August 28 with “Buy”. As per Sunday, October 1, the company rating was maintained by RBC Capital Markets.

Veritas Asset Management Llp, which manages about $12.23B US Long portfolio, upped its stake in Allergan Inc Com Usd0.01 by 171,667 shares to 3.73M shares, valued at $764.32M in 2017Q3, according to the filing. It also increased its holding in Express Scripts Holding Co (NASDAQ:ESRX) by 460,338 shares in the quarter, for a total of 8.65 million shares, and has risen its stake in Cvs Health Corp (NYSE:CVS).

Among 26 analysts covering UnitedHealth Group (NYSE:UNH), 26 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UnitedHealth Group had 78 analyst reports since September 2, 2015 according to SRatingsIntel. Cantor Fitzgerald upgraded UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, December 7 to “Buy” rating. On Wednesday, October 18 the stock rating was maintained by Bank of America with “Buy”. The stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Overweight” rating by Morgan Stanley on Wednesday, June 7. The firm has “Buy” rating given on Thursday, July 6 by Cantor Fitzgerald. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Monday, June 26 by RBC Capital Markets. On Wednesday, October 19 the stock rating was maintained by Mizuho with “Buy”. The firm has “Buy” rating by Credit Suisse given on Wednesday, November 29. Mizuho downgraded UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, November 9 to “Neutral” rating. Piper Jaffray maintained it with “Buy” rating and $211.0 target in Friday, August 25 report. The firm earned “Buy” rating on Monday, August 21 by RBC Capital Markets.

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