United Therapeutics (UTHR) Downgraded to “Sell” at BidaskClub
United Therapeutics (NASDAQ:UTHR) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.
Several other research firms have also weighed in on UTHR. Wedbush restated an “outperform” rating and set a $232.00 price objective (up from $213.00) on shares of United Therapeutics in a research note on Wednesday, December 27th. ValuEngine upgraded shares of United Therapeutics from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, December 26th. Oppenheimer boosted their price objective on shares of United Therapeutics to $180.00 and gave the stock an “outperform” rating in a research note on Friday, January 5th. Zacks Investment Research upgraded shares of United Therapeutics from a “hold” rating to a “buy” rating and set a $160.00 price objective on the stock in a research note on Monday. Finally, TheStreet upgraded shares of United Therapeutics from a “c+” rating to a “b” rating in a research note on Friday, December 15th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. United Therapeutics currently has a consensus rating of “Hold” and a consensus price target of $140.45.
United Therapeutics (UTHR) traded down $6.15 during trading on Tuesday, hitting $135.12. 627,905 shares of the stock traded hands, compared to its average volume of 399,880. The firm has a market cap of $5,890.00, a price-to-earnings ratio of 11.92 and a beta of 1.41. United Therapeutics has a one year low of $112.01 and a one year high of $169.89.
In other United Therapeutics news, CEO Martine A. Rothblatt sold 1,263 shares of the business’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $120.38, for a total value of $152,039.94. Following the completion of the sale, the chief executive officer now owns 1,403 shares of the company’s stock, valued at approximately $168,893.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Martine A. Rothblatt sold 1,265 shares of the business’s stock in a transaction dated Thursday, October 19th. The shares were sold at an average price of $119.38, for a total transaction of $151,015.70. Following the completion of the sale, the chief executive officer now directly owns 1,405 shares of the company’s stock, valued at approximately $167,728.90. The disclosure for this sale can be found here. Insiders have sold a total of 15,773 shares of company stock valued at $1,925,637 in the last ninety days. 7.80% of the stock is currently owned by insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of UTHR. BlackRock Inc. boosted its holdings in United Therapeutics by 4,222.8% in the 1st quarter. BlackRock Inc. now owns 4,741,985 shares of the biotechnology company’s stock valued at $641,969,000 after purchasing an additional 4,632,287 shares during the period. Scopia Capital Management LP bought a new stake in shares of United Therapeutics during the 3rd quarter worth approximately $483,266,000. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of United Therapeutics during the 4th quarter worth approximately $102,341,000. LSV Asset Management lifted its holdings in shares of United Therapeutics by 575.5% during the 4th quarter. LSV Asset Management now owns 704,455 shares of the biotechnology company’s stock worth $110,324,000 after acquiring an additional 600,162 shares during the period. Finally, Emerald Acquisition Ltd. bought a new stake in shares of United Therapeutics during the 2nd quarter worth approximately $47,352,000.
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United Therapeutics Company Profile
United Therapeutics Corporation is a biotechnology company. The Company is focused on the development and commercialization of products for the treatment of chronic and life-threatening conditions. The Company markets and sells four commercial therapies in the United States to treat pulmonary arterial hypertension (PAH): Remodulin (treprostinil) Injection; Tyvaso (treprostinil) Inhalation Solution (Tyvaso); Orenitram (treprostinil) Extended-Release Tablets (Orenitram); and Adcirca (tadalafil) Tablets (Adcirca).
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