As Unitedhealth Group Com Com (UNH) Share Value Rose, Groesbeck Investment Management Has Trimmed Its Stake by $1.01 Million; Cisco Systems (CSCO) Shareholder Ftb Advisors Has Upped Its Holding by $410,850

February 22, 2018 - By Ellis Scott

Ftb Advisors Inc increased its stake in Cisco Systems Inc (CSCO) by 4.32% based on its latest 2017Q3 regulatory filing with the SEC. Ftb Advisors Inc bought 12,450 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 300,607 shares of the technology company at the end of 2017Q3, valued at $10.12M, up from 288,157 at the end of the previous reported quarter. Ftb Advisors Inc who had been investing in Cisco Systems Inc for a number of months, seems to be bullish on the $214.36 billion market cap company. The stock increased 0.12% or $0.05 during the last trading session, reaching $43.36. About 10.77M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 22, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Groesbeck Investment Management Corp decreased its stake in Unitedhealth Group Inc Com Com (UNH) by 15.22% based on its latest 2017Q3 regulatory filing with the SEC. Groesbeck Investment Management Corp sold 5,169 shares as the company’s stock rose 9.50% with the market. The institutional investor held 28,782 shares of the medical specialities company at the end of 2017Q3, valued at $5.64M, down from 33,951 at the end of the previous reported quarter. Groesbeck Investment Management Corp who had been investing in Unitedhealth Group Inc Com Com for a number of months, seems to be less bullish one the $222.16 billion market cap company. The stock increased 1.98% or $4.45 during the last trading session, reaching $229.58. About 1.09 million shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.76% since February 22, 2017 and is uptrending. It has outperformed by 16.06% the S&P500.

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 firm earned “Buy” rating on Wednesday, July 19 by UBS. The company was initiated on Friday, November 3 by Credit Suisse. Barclays Capital maintained the shares of UNH in report on Wednesday, July 19 with “Overweight” rating. Credit Suisse initiated UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, December 16 with “Outperform” rating. The firm has “Buy” rating given on Wednesday, October 18 by Leerink Swann. Jefferies maintained it with “Buy” rating and $280.0 target in Friday, January 12 report. Credit Suisse maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Wednesday, January 17. Credit Suisse has “Buy” rating and $260.0 target. Mizuho maintained it with “Buy” rating and $20000 target in Tuesday, July 18 report. The stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Buy” rating by Cantor Fitzgerald on Tuesday, July 18. The rating was maintained by Cantor Fitzgerald on Tuesday, August 29 with “Buy”.

Groesbeck Investment Management Corp, which manages about $250.00M and $139.03 million US Long portfolio, upped its stake in Starbucks Corp Com Com (NASDAQ:SBUX) by 9,796 shares to 35,102 shares, valued at $1.89 million in 2017Q3, according to the filing. It also increased its holding in Energy Transfer Partners Lp Com by 18,000 shares in the quarter, for a total of 35,241 shares, and has risen its stake in Tallgrass Energy Partners Lpco Com (NYSE:TEP).

Analysts await UnitedHealth Group Incorporated (NYSE:UNH) to report earnings on April, 17. They expect $2.92 earnings per share, up 23.21% or $0.55 from last year’s $2.37 per share. UNH’s profit will be $2.83B for 19.66 P/E if the $2.92 EPS becomes a reality. After $2.59 actual earnings per share 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 purchases, and 9 selling transactions for $27.43 million activity. Another trade for 20,000 shares valued at $4.79M was sold by BURKE RICHARD T. RENFRO LARRY C also sold $5.01 million worth of UnitedHealth Group Incorporated (NYSE:UNH) shares. On Thursday, January 18 WILENSKY GAIL R sold $1.40 million worth of UnitedHealth Group Incorporated (NYSE:UNH) or 5,820 shares. Shares for $200,333 were sold by ROOS THOMAS E on Thursday, October 19. Shine Kenneth Irwin had sold 198 shares worth $48,025 on Friday, January 19. The insider HOOPER MICHELE J sold 10,000 shares worth $2.38 million.

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. The Pennsylvania-based Lincoln Corp has invested 0.02% in UnitedHealth Group Incorporated (NYSE:UNH). Court Place Advsrs Ltd Liability Com reported 3,058 shares. Tdam Usa Inc holds 135,374 shares or 1.56% of its portfolio. Oakworth stated it has 0.22% in UnitedHealth Group Incorporated (NYSE:UNH). Hermes Invest Mgmt Limited reported 0.02% stake. Rock Springs Capital Management Lp has 4.15% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 459,000 shares. Blb&B Advsr Ltd reported 0.04% in UnitedHealth Group Incorporated (NYSE:UNH). Moreover, Strategy Asset Managers Limited Liability has 0.55% invested in UnitedHealth Group Incorporated (NYSE:UNH). Sheets Smith Wealth Management owns 8,003 shares for 0.4% of their portfolio. Haverford Trust holds 2.45% or 598,500 shares in its portfolio. Caprock Grp Inc Inc owns 0.29% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 7,033 shares. Aviance Capital Mgmt Ltd Llc accumulated 5,306 shares or 0.07% of the stock. Summit Secs Lc owns 4,500 shares. Lingohr And Partner Asset Mgmt Gmbh owns 24,700 shares or 2.64% of their US portfolio. Marco Investment Mgmt stated it has 1.61% in UnitedHealth Group Incorporated (NYSE:UNH).

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It fall, as 74 investors sold CSCO shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. 3.60 billion shares or 0.03% more from 3.60 billion shares in 2017Q2 were reported. Mondrian Inv Prtnrs Limited, a United Kingdom-based fund reported 1.61M shares. Mitchell Mcleod Pugh Williams accumulated 37,460 shares. Laurion Management Limited Partnership reported 0.02% stake. Korea Inv holds 0.48% or 3.08 million shares in its portfolio. Pinnacle Advisory Group Inc Inc holds 0.02% or 11,263 shares in its portfolio. 5.98M were reported by Atlantic Tru Limited. Oarsman Inc owns 118,145 shares or 1.68% of their US portfolio. Torch Wealth Mngmt Ltd Liability Company holds 0.18% or 7,998 shares in its portfolio. The Massachusetts-based Colony Grp Lc has invested 1.22% in Cisco Systems, Inc. (NASDAQ:CSCO). Clean Yield has 225,888 shares. Private Advisor Grp Limited Liability Company stated it has 0.2% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Fcg Advsrs Lc, New Jersey-based fund reported 13,766 shares. Hengehold Mngmt Lc reported 8,420 shares. Ruffer Ltd Liability Partnership owns 102,830 shares. Denver Advsr Ltd Co reported 28,211 shares stake.

Ftb Advisors Inc, which manages about $3.88 billion and $970.40 million US Long portfolio, decreased its stake in Ishares Barclays 1 (SHY) by 3,692 shares to 24,592 shares, valued at $2.08 million in 2017Q3, according to the filing. It also reduced its holding in Wal Mart Stores Inc (NYSE:WMT) by 4,431 shares in the quarter, leaving it with 110,459 shares, and cut its stake in Domtar Corp Com New (NYSE:UFS).

Since August 23, 2017, it had 0 buys, and 6 insider sales for $15.73 million activity. The insider BARTZ CAROL sold 200,000 shares worth $7.59M. MCGEARY RODERICK C also sold $578,740 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares. Robbins Charles had sold 121,390 shares worth $3.89 million on Monday, September 11. Walker Karen also sold $740,883 worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Monday, September 11. CHAMBERS JOHN T sold $7.79M worth of stock. BHATT PRAT sold $821,900 worth of stock or 25,638 shares.

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By1 Ellis Scott

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