Creative Planning Increases Holding in Unitedhealth Group (UNH); Gamco Investors Et Al Stake in Parker Hannifin (PH) Has Cut by $831,060

August 12, 2018 - By Margaret Guttierez

Parker-Hannifin Corporation (NYSE:PH) Logo

Gamco Investors Inc Et Al decreased its stake in Parker Hannifin Corp (PH) by 64.03% based on its latest 2018Q1 regulatory filing with the SEC. Gamco Investors Inc Et Al sold 4,860 shares as the company’s stock declined 4.54% with the market. The hedge fund held 2,730 shares of the metal fabrications company at the end of 2018Q1, valued at $467,000, down from 7,590 at the end of the previous reported quarter. Gamco Investors Inc Et Al who had been investing in Parker Hannifin Corp for a number of months, seems to be less bullish one the $22.34 billion market cap company. The stock decreased 1.75% or $2.99 during the last trading session, reaching $168. About 871,738 shares traded. Parker-Hannifin Corporation (NYSE:PH) has risen 11.37% since August 12, 2017 and is uptrending. It has underperformed by 1.20% the S&P500. Some Historical PH News: 07/03/2018 – Parker Hannifin Reiterates Expectations of Ending FY18 With 6.5% Organic Sales Growth; 26/04/2018 – Parker-Hannifin Sees FY Adj EPS $9.95-Adj EPS $10.15; 07/03/2018 Parker Reviews Win Strategy™ Successes and Announces New Financial Targets at New York Investor Meeting; 26/04/2018 – Parker-Hannifin Sees FY Cont Ops EPS $7.76-EPS $7.96; 22/03/2018 – Parker-Hannifin Closes Below 200-Day Moving Average: Technicals; 08/03/2018 – PARKER-HANNIFIN PH.N : JP MORGAN SAYS CO UPDATED FY’20 CLARCOR SYNERGY TARGETS; ANNUAL COST SYNERGIES NOW PROJECTED TO BE $160MM BY FY’20 (UP FROM $140MM); 24/04/2018 – Parker Aerospace Joint Venture ACE Services Adds Japan Civil Aviation Bureau (JCAB) Certification to its Capabilities; 10/05/2018 – MCE Opens Its Seventh ParkerStore™ in Wisconsin; 19/04/2018 – Parker Increases Quarterly Cash Dividend; 26/04/2018 – Global Robotic Exoskeleton Market Forecast to 2022: Expected to Grow at a CAGR of 30.38% with Cyberdyne, Ekso Bionics, Parker Hannifin, ReWalk Robotics, Rex Bionics Dominating – ResearchAndMarkets.com

Creative Planning increased its stake in Unitedhealth Group Inc (UNH) by 11.67% based on its latest 2018Q1 regulatory filing with the SEC. Creative Planning bought 6,432 shares as the company’s stock rose 4.65% while stock markets declined. The institutional investor held 61,531 shares of the medical specialities company at the end of 2018Q1, valued at $13.17M, up from 55,099 at the end of the previous reported quarter. Creative Planning who had been investing in Unitedhealth Group Inc for a number of months, seems to be bullish on the $250.59 billion market cap company. The stock decreased 0.47% or $1.23 during the last trading session, reaching $260.36. About 1.63M shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 37.57% since August 12, 2017 and is uptrending. It has outperformed by 25.00% the S&P500. Some Historical UNH News: 06/03/2018 – UNITEDHEALTH IS SAID TO JOIN BIDS FOR ENVISION HEALTHCARE UNIT; 17/04/2018 – UnitedHealth profit beats and it raises 2018 outlook; 06/03/2018 – UnitedHealthcare Launches Expansion of Direct-to-Consumer Pharmacy Discounts to Millions of Americans; 12/04/2018 – Former UnitedHealth Group Executives Join Talkspace – Neil Leibowitz, MD, JD as Chief Medical Officer; Deb Adler as Senior VP,; 13/03/2018 – Former GSK chief Andrew Witty to lead UnitedHealth’s Optum unit; 17/04/2018 – UNITEDHEALTH GROUP INC – QTRLY CONSOLIDATED MEDICAL CARE RATIO 81.4 PERCENT DECREASED 100 BASIS POINT YEAR-OVER-YEAR; 28/03/2018 – Cramer also sits down with the CEOs of UnitedHealth, PVH and Norwegian Cruise Line Holdings; 23/04/2018 – Lyfebulb and UnitedHealth Group Announce an Innovation Challenge for Patient Entrepreneurs with lnflammatory Bowel Disease; 23/04/2018 – Lyfebulb and UnitedHealth Group Announce an Innovation Challenge for Patient Entrepreneurs with Inflammatory Bowel Disease; 07/03/2018 – UNITEDHEALTH GROUP UNH.N , DIPLOMAT PHARMACY DPLO.N , CIGNA Cl.N , ANTHEM ANTM.N , ALIGN TECHNOLOGY ALGN.O : BARCLAYS STARTS WITH OVERWEIGHT RATING

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Bizjournals.com which released: “UnitedHealth in talks to buy pharmacy chain Genoa: report” on August 09, 2018, also Fool.com with their article: “Here’s What UnitedHealth Investors Should Be Watching” published on July 19, 2018, 247Wallst.com published: “Nike Returns as Dow’s Top-Performing Stock” on August 11, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: Seekingalpha.com and their article: “UnitedHealth Group: Buy Or Sell?” published on July 24, 2018 as well as Fool.com‘s news article titled: “Why Omnicom, UnitedHealth Group, and Goldman Sachs Slumped Today” with publication date: July 17, 2018.

Creative Planning, which manages about $13.73 billion and $24.57 billion US Long portfolio, decreased its stake in Chevron Corp New (NYSE:CVX) by 5,181 shares to 271,913 shares, valued at $31.01 million in 2018Q1, according to the filing. It also reduced its holding in Intuitive Surgical Inc (Call) (NASDAQ:ISRG) by 23,397 shares in the quarter, leaving it with 100 shares, and cut its stake in Enterprise Prods Partners L (NYSE:EPD).

Since February 28, 2018, it had 0 insider purchases, and 10 sales for $26.11 million activity. 202 shares were sold by Shine Kenneth Irwin, worth $47,959 on Thursday, April 19. On Monday, April 23 the insider BURKE RICHARD T sold $3.51 million. The insider Nelson Steven H sold $3.28 million. The insider WILENSKY GAIL R sold $779,001.

Among 27 analysts covering UnitedHealth Group (NYSE:UNH), 26 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. UnitedHealth Group had 94 analyst reports since September 2, 2015 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Wednesday, October 18. The firm has “Buy” rating by Leerink Swann given on Wednesday, October 18. As per Wednesday, September 2, the company rating was upgraded by Vetr. The rating was maintained by RBC Capital Markets on Wednesday, April 18 with “Buy”. On Wednesday, June 21 the stock rating was maintained by Jefferies with “Buy”. On Wednesday, July 19 the stock rating was maintained by UBS with “Buy”. The firm earned “Buy” rating on Thursday, March 8 by Cantor Fitzgerald. The company was initiated on Wednesday, September 16 by JP Morgan. The rating was maintained by Deutsche Bank with “Buy” on Thursday, July 13. As per Tuesday, April 17, the company rating was maintained by Cantor Fitzgerald.

Investors sentiment is 0.96 in Q1 2018. Its the same as in 2017Q4. It is flat, as 55 investors sold UNH shares while 532 reduced holdings. only 125 funds opened positions while 440 raised stakes. 789.19 million shares or 2.09% less from 806.07 million shares in 2017Q4 were reported. Veritable Limited Partnership reported 0.19% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Wright Service accumulated 27,079 shares. Canandaigua Bancshares stated it has 2,636 shares. St Germain D J owns 6,950 shares. Nelson Roberts Invest Advsr Ltd Liability Co has invested 2.68% in UnitedHealth Group Incorporated (NYSE:UNH). 9,565 were accumulated by Stonebridge Advisors. Next Group Incorporated reported 1,608 shares or 0.07% of all its holdings. Hsbc Public Limited Company has invested 0.54% in UnitedHealth Group Incorporated (NYSE:UNH). Investors Asset Mngmt Of Georgia Ga Adv accumulated 2,050 shares or 0.32% of the stock. 247,787 are owned by Oregon Pub Employees Retirement Fund. Goelzer reported 16,250 shares. Swiss Bankshares owns 3.49 million shares. Kornitzer Cap Management Inc Ks reported 25,200 shares. Ameriprise Finance accumulated 0.34% or 3.46 million shares. Pettee Invsts Incorporated reported 0.41% stake.

Analysts await Parker-Hannifin Corporation (NYSE:PH) to report earnings on November, 1. They expect $2.57 earnings per share, up 14.73% or $0.33 from last year’s $2.24 per share. PH’s profit will be $341.70M for 16.34 P/E if the $2.57 EPS becomes a reality. After $3.22 actual earnings per share reported by Parker-Hannifin Corporation for the previous quarter, Wall Street now forecasts -20.19% negative EPS growth.

More important recent Parker-Hannifin Corporation (NYSE:PH) news were published by: Seekingalpha.com which released: “Parker-Hannifin (PH) Q4 2018 Results – Earnings Call Transcript” on August 02, 2018, also Nasdaq.com published article titled: “Love Dividends? 3 Stocks You Might Want to Buy”, Benzinga.com published: “Earnings Scheduled For August 2, 2018” on August 02, 2018. More interesting news about Parker-Hannifin Corporation (NYSE:PH) was released by: Globenewswire.com and their article: “Parker Reports Fiscal 2018 Fourth Quarter and Full Year Results” with publication date: August 02, 2018.

Gamco Investors Inc Et Al, which manages about $14.83 billion US Long portfolio, upped its stake in Fiserv Inc Com (NASDAQ:FISV) by 10,360 shares to 20,876 shares, valued at $1.49M in 2018Q1, according to the filing. It also increased its holding in General Elec Co (NYSE:GE) by 29,914 shares in the quarter, for a total of 1.29 million shares, and has risen its stake in Grupo Televisa Sa De Cv Adr (B (NYSE:TV).

Among 21 analysts covering Parker-Hannifin (NYSE:PH), 9 have Buy rating, 1 Sell and 11 Hold. Therefore 43% are positive. Parker-Hannifin had 91 analyst reports since August 9, 2015 according to SRatingsIntel. The stock of Parker-Hannifin Corporation (NYSE:PH) earned “Hold” rating by Jefferies on Wednesday, January 20. Argus Research downgraded the stock to “Hold” rating in Tuesday, October 27 report. The stock of Parker-Hannifin Corporation (NYSE:PH) earned “Equal-Weight” rating by Morgan Stanley on Friday, November 3. Robert W. Baird maintained the shares of PH in report on Friday, October 13 with “Hold” rating. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, March 2. The stock of Parker-Hannifin Corporation (NYSE:PH) earned “Buy” rating by BMO Capital Markets on Friday, April 21. On Monday, July 16 the stock rating was downgraded by Goldman Sachs to “Neutral”. As per Tuesday, October 20, the company rating was downgraded by Citigroup. The firm has “Buy” rating given on Friday, July 14 by Stifel Nicolaus. KeyBanc Capital Markets maintained Parker-Hannifin Corporation (NYSE:PH) rating on Thursday, January 18. KeyBanc Capital Markets has “Buy” rating and $225.0 target.

Investors sentiment decreased to 1 in Q1 2018. Its down 0.07, from 1.07 in 2017Q4. It dropped, as 52 investors sold PH shares while 212 reduced holdings. 82 funds opened positions while 181 raised stakes. 101.24 million shares or 0.34% more from 100.90 million shares in 2017Q4 were reported. Advisory Rech owns 2,581 shares. Wedge Cap Mngmt L Ltd Partnership Nc reported 0.15% in Parker-Hannifin Corporation (NYSE:PH). Fdx Advsrs has invested 0.02% in Parker-Hannifin Corporation (NYSE:PH). Bowen Hanes And has invested 0.09% in Parker-Hannifin Corporation (NYSE:PH). Proshare Advisors Ltd Liability Corp stated it has 35,171 shares or 0.04% of all its holdings. Westpac Bk, Australia-based fund reported 40,870 shares. Ardevora Asset Mngmt Llp holds 0.79% or 154,400 shares in its portfolio. Private Company Na invested 0.22% of its portfolio in Parker-Hannifin Corporation (NYSE:PH). Bessemer Grp Inc holds 0% or 2,211 shares. Duncker Streett invested in 4,050 shares. Schroder Investment Management Grp reported 12,532 shares. Pillar Pacific Cap Limited Liability Company, California-based fund reported 27,951 shares. Ohio-based Beese Fulmer Management has invested 0.06% in Parker-Hannifin Corporation (NYSE:PH). Clifford Swan Inv Counsel Ltd reported 0.26% of its portfolio in Parker-Hannifin Corporation (NYSE:PH). Lpl Fincl Limited Co holds 0% of its portfolio in Parker-Hannifin Corporation (NYSE:PH) for 9,945 shares.

Since February 16, 2018, it had 0 insider purchases, and 9 selling transactions for $3.35 million activity. The insider SCAMINACE JOSEPH sold $184,971. 2,600 shares were sold by Weeks Andrew M, worth $440,346 on Monday, May 7. $71,002 worth of Parker-Hannifin Corporation (NYSE:PH) shares were sold by Malone Robert W. $100,737 worth of Parker-Hannifin Corporation (NYSE:PH) shares were sold by Gentile Thomas C. The insider Suever Catherine A sold 2,148 shares worth $376,184. $300,997 worth of Parker-Hannifin Corporation (NYSE:PH) was sold by OBOURN CANDY M on Monday, April 30.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart

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