Share on StockTwits

Shares of UnitedHealth Group (NYSE:UNH) was the target of some unusual options trading on Monday. Traders acquired 10,900 put options on the stock, American Banking reports. This is an increase of 136% compared to the typical volume of 4,627 put options.

In other UnitedHealth Group news, Director William Ballard, Jr. unloaded 10,000 shares of UnitedHealth Group stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $73.05, for a total value of $730,500.00. Following the completion of the sale, the director now directly owns 65,042 shares of the company’s stock, valued at approximately $4,751,318. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of UnitedHealth Group in a research note to investors on Wednesday, January 22nd. Separately, analysts at TheStreet reiterated a “buy” rating on shares of UnitedHealth Group in a research note to investors on Tuesday, January 21st. Finally, analysts at Monness Crespi & Hardt downgraded shares of UnitedHealth Group from a “neutral” rating to a “sell” rating in a research note to investors on Tuesday, January 21st. They now have a $59.00 price target on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $78.16.

UnitedHealth Group (NYSE:UNH) last announced its earnings results on Wednesday, January 15th. The company reported $1.41 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.40 by $0.01. The company had revenue of $31.10 billion for the quarter, compared to the consensus estimate of $31.06 billion. During the same quarter last year, the company posted $1.20 earnings per share. UnitedHealth Group’s revenue was up 8.2% compared to the same quarter last year.

UnitedHealth Group Incorporated (NYSE:UNH) diversified health and well-being company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.