The shares of UnitedHealth Group Incorporated (NYSE:UNH) has been pegged with a rating of Buy by Citigroup in its latest research note that was published on May 10th, 2019. The research company has also assigned a $280 price target. Citigroup wasn’t the only research firm that published a report of UnitedHealth Group Incorporated, with other equities research analysts also giving their opinion on the stock. UBS advised investors in its research note published on April 23rd, 2019, to Neutral the UNH stock while also putting a $238 price target. The stock had earned Buy rating from BofA/Merrill when it published its report on April 17th, 2019. That day the BofA/Merrill set price target on the stock to $290. The stock was given Overweight rating by Stephens in its report released on January 14th, 2019, the day when the price target on the stock was placed at $287. Citigroup was of a view that UNH is Neutral in its latest report on September 10th, 2018. SunTrust thinks that UNH is worth Buy rating. This was contained in the firm’s report on June 11th, 2018 in which the stock’s price target was also moved to $300.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 12 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $288.04. The price of the stock the last time has raised by 13.46% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 47.52.
The shares of the company dipped by -0.15% during the trading session on Wednesday, reaching a low of $232.62 while ending the day at $236.08. During the trading session, a total of 5.07 million shares were traded which represents a 15.52% incline from the average session volume which is 6.00M shares. UNH had ended its last session trading at 236.43. UnitedHealth Group Incorporated currently has a market cap of $226.16B, while its P/E ratio stands at 18.33, while its P/E earnings growth sits at 0.98, with a beta of 0.72. UnitedHealth Group Incorporated debt-to-equity ratio currently stands at 0.74, while its quick ratio hovers at . UNH 52-week low price stands at $208.07 while its 52-week high price is $287.94.
The company in its last quarterly report recorded $3.73 earnings per share which is above the $3.60 predicted by most analysts. The UnitedHealth Group Incorporated generated $60,308.00 million in revenue during the last quarter, which is slightly higher than the $59,709.20 million predicted by analysts. In the second quarter last year, the firm recorded $3.28 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 12.06%. UnitedHealth Group Incorporated has the potential to record 12.88 EPS for the current fiscal year, according to equities analysts.
Investment analysts at The Benchmark Company published a research note on May 8th, 2019 where it informed investors and clients that Electronic Arts Inc. (NASDAQ:EA) is now rated as Buy. Their price target on the stock stands at $129. UBS also rated EA as Initiated on April 23rd, 2019, with its price target of suggesting that EA could surge by 12.56% from its current share price. Even though the stock has been trading at $94.57/share, analysts expect it to surge higher by 2.33% to reach $110.67/share. It started the day trading at $98.32 and traded between $93.66 and $96.77 throughout the trading session.
A look at its technical shows that EA’s 50-day SMA is 97.27 while its 200-day SMA stands at 99.95. The stock has a high of $151.26 for the year while the low is $73.91. The company’s P/E ratio currently sits at 29.04, while the P/B ratio is 5.47. At the moment, only of Electronic Arts Inc. shares were sold short. The company’s average trading volume currently stands at 5.47M shares, which means that the short-interest ratio is just 1.42 days. Over the past seven days, the company moved, with its shift of 3.08%. Looking further, the stock has dropped -5.36% over the past 90 days while it gained 8.86% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more EA shares, increasing its portfolio by +1.33% during the last quarter. This move now sees The Vanguard Group Inc purchasing 281,827 shares in the last quarter, thus it now holds 21,532,979 shares of EA, with a total valuation of $2,038,096,462. Fidelity Management Research Co meanwhile sold more EA shares in the recently filed quarter, changing its stake to $1,358,074,735 worth of shares. T Rowe Price Associates Inc followed the path by decreasing its EA portfolio by -24.18% in the quarter. This means that T Rowe Price Associates Inc sold -4,274,931 shares in the last quarter and now controls 13,401,964 shares of the EA stock, with the valuation hitting $1,268,495,893.
Similarly, Massachusetts Financial Services increased its Electronic Arts Inc. shares by +20.14% during the recently filed quarter. After buying 1,952,780 shares in the last quarter, the firm now controls 11,650,029 shares of Electronic Arts Inc. which are valued at $1,102,675,245. In the same vein, SSgA Funds Management Inc increased its Electronic Arts Inc. shares by during the most recent reported quarter. The firm bought 214,752 shares during the quarter which increased its stakes to 11,560,919 shares and is now valued at $1,094,240,983. Following these latest developments, around 0.10% of Electronic Arts Inc. stocks are owned by institutional investors and hedge funds.