Cibc World Markets Decreased Unitedhealth Group (UNH) Position By $27.78 Million; Last Week Republic First Bancorp, Inc. (FRBK) Coverage

May 21, 2018 - By Ash

UnitedHealth Group Incorporated (NYSE:UNH) Logo

Cibc World Markets Inc decreased Unitedhealth Group Inc (UNH) stake by 32.94% reported in 2017Q4 SEC filing. Cibc World Markets Inc sold 126,281 shares as Unitedhealth Group Inc (UNH)’s stock declined 0.93%. The Cibc World Markets Inc holds 257,093 shares with $56.68 million value, down from 383,374 last quarter. Unitedhealth Group Inc now has $238.41B valuation. The stock increased 1.41% or $3.45 during the last trading session, reaching $248.09. About 1.29M shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.42% since May 21, 2017 and is uptrending. It has outperformed by 20.87% the S&P500.

Among 4 analysts covering Republic First Bancorp (NASDAQ:FRBK), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Republic First Bancorp had 10 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Hold” rating by Sandler O’Neill given on Wednesday, January 3. The rating was maintained by Keefe Bruyette & Woods on Thursday, June 1 with “Hold”. Keefe Bruyette & Woods maintained the shares of FRBK in report on Thursday, December 21 with “Hold” rating. Bruyette & Woods” initiated the stock with “Mkt Perform” rating in Thursday, August 20 report. The rating was maintained by Sandler O’Neill with “Hold” on Monday, March 26. The firm has “Hold” rating given on Friday, July 21 by Keefe Bruyette & Woods. The company was maintained on Wednesday, January 24 by Sandler O’Neill. On Thursday, August 20 the stock rating was initiated by KBW with “Market Perform”. On Tuesday, October 3 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. See Republic First Bancorp, Inc. (NASDAQ:FRBK) latest ratings:

26/03/2018 Broker: Sandler O’Neill Rating: Hold New Target: $8.5000 Maintain
24/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $9.5 Maintain
03/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $9.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $9.5 Maintain

Since February 23, 2018, it had 1 buy, and 0 sales for $8,425 activity. Jacobs Lisa R. bought 1,000 shares worth $8,425.

More recent Republic First Bancorp, Inc. (NASDAQ:FRBK) news were published by: Globenewswire.com which released: “Republic Bank Hires Regional Vice President for Bucks County Market” on May 01, 2018. Also Seekingalpha.com published the news titled: “Philip Morris International Is A Value Trap – Cramer’s Lightning Round (5/8/18)” on May 09, 2018. Nasdaq.com‘s news article titled: “Republic First Bancorp, Inc. Reports First Quarter Financial Results – Assets Increase 26% and Deposits Grow 23%” with publication date: April 23, 2018 was also an interesting one.

Investors sentiment increased to 1.11 in 2017 Q4. Its up 0.14, from 0.97 in 2017Q3. It is positive, as 5 investors sold Republic First Bancorp, Inc. shares while 23 reduced holdings. 12 funds opened positions while 19 raised stakes. 30.47 million shares or 0.35% more from 30.37 million shares in 2017Q3 were reported. Prentiss Smith & Incorporated, a Vermont-based fund reported 17,000 shares. Bnp Paribas Arbitrage Sa owns 12,471 shares or 0% of their US portfolio. Vanguard Group Inc stated it has 2.14 million shares. Thompson Siegel & Walmsley Lc, Virginia-based fund reported 861,723 shares. Ameritas Invest Partners has 4,071 shares for 0% of their portfolio. Bancshares Of Ny Mellon reported 269,868 shares. Renaissance Technologies Limited Liability Corporation reported 133,000 shares. 7,500 were reported by Prelude Cap Mngmt Ltd. The Switzerland-based Credit Suisse Ag has invested 0% in Republic First Bancorp, Inc. (NASDAQ:FRBK). Geode Cap Ltd Llc holds 482,754 shares. Susquehanna Limited Liability Partnership owns 57,578 shares for 0% of their portfolio. Royal Retail Bank Of Canada has invested 0% of its portfolio in Republic First Bancorp, Inc. (NASDAQ:FRBK). Jpmorgan Chase & Company holds 15,266 shares or 0% of its portfolio. 242,742 were accumulated by Deutsche Bancshares Ag. Tiaa Cref Invest Mngmt Limited Com stated it has 0% in Republic First Bancorp, Inc. (NASDAQ:FRBK).

Republic First Bancorp, Inc. operates as the holding firm for Republic First Bank that provides a range of credit and depository banking services and products to individuals and businesses primarily in Greater Philadelphia and Southern New Jersey. The company has market cap of $528.73 million. It offers consumer and commercial deposit, checking, interest-bearing demand, money market, savings, sweep, and individual retirement accounts, as well as certificates of deposit. It has a 60 P/E ratio. The firm also provides secured and unsecured commercial loans, real estate loans, construction and land development loans, automobile loans, home improvement loans, mortgages, home equity and overdraft lines of credit, and other products, as well as lockbox services.

The stock increased 0.56% or $0.05 during the last trading session, reaching $9. About 52,425 shares traded. Republic First Bancorp, Inc. (NASDAQ:FRBK) has risen 5.70% since May 21, 2017 and is uptrending. It has underperformed by 5.85% the S&P500.

Since December 14, 2017, it had 0 buys, and 12 insider sales for $32.64 million activity. BALLARD WILLIAM C JR sold $2.46 million worth of stock. $2.24M worth of UnitedHealth Group Incorporated (NYSE:UNH) shares were sold by BURKE RICHARD T. Shares for $3.28 million were sold by Nelson Steven H on Thursday, March 15. 5,820 UnitedHealth Group Incorporated (NYSE:UNH) shares with value of $1.40M were sold by WILENSKY GAIL R. 10,000 shares valued at $2.38M were sold by HOOPER MICHELE J on Wednesday, January 31. Shares for $47,959 were sold by Shine Kenneth Irwin. On Thursday, December 14 RENFRO LARRY C sold $5.01M worth of UnitedHealth Group Incorporated (NYSE:UNH) or 22,598 shares.

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 rating was maintained by RBC Capital Markets on Wednesday, July 19 with “Buy”. On Tuesday, November 28 the stock rating was maintained by Jefferies with “Buy”. Cantor Fitzgerald maintained the shares of UNH in report on Thursday, July 6 with “Buy” rating. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Buy” rating given on Tuesday, April 17 by Cantor Fitzgerald. Jefferies maintained it with “Buy” rating and $225 target in Friday, October 13 report. On Friday, November 20 the stock rating was maintained by Mizuho with “Buy”. Cantor Fitzgerald maintained UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, June 7 with “Buy” rating. The firm earned “Outperform” rating on Thursday, November 19 by FBR Capital. On Wednesday, September 9 the stock rating was reinitiated by Morgan Stanley with “Overweight”. The firm has “Buy” rating by Oppenheimer given on Friday, July 7.

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 $2.91 billion for 20.47 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.

Cibc World Markets Inc increased Ishares Inc (EZU) stake by 7,195 shares to 22,154 valued at $961,000 in 2017Q4. It also upped Algonquin Pwr Utils Corp (AQUNF) stake by 284,648 shares and now owns 1.94M shares. Brookfield Infrast Partners (NYSE:BIP) was raised too.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart

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