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Wesbanco Bank Upped Mckesson (MCK) Stake by $385,795 as Stock Declined; Thompson Davis & Co Trimmed Its Stake in Unitedhealth Group (UNH) by $383,240 as Stock Value Declined

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Wesbanco Bank Inc increased its stake in Mckesson Corp (MCK) by 10.72% based on its latest 2017Q4 regulatory filing with the SEC. Wesbanco Bank Inc bought 2,489 shares as the company’s stock declined 12.43% with the market. The institutional investor held 25,705 shares of the other pharmaceuticals company at the end of 2017Q4, valued at $4.01 million, up from 23,216 at the end of the previous reported quarter. Wesbanco Bank Inc who had been investing in Mckesson Corp for a number of months, seems to be bullish on the $30.08 billion market cap company. The stock increased 1.21% or $1.74 during the last trading session, reaching $145.77. About 728,772 shares traded. McKesson Corporation (NYSE:MCK) has declined 6.57% since May 25, 2017 and is downtrending. It has underperformed by 18.12% the S&P500.

Thompson Davis & Co decreased its stake in Unitedhealth Group Inc (UNH) by 94.57% based on its latest 2017Q4 regulatory filing with the SEC. Thompson Davis & Co sold 1,742 shares as the company’s stock declined 0.93% with the market. The institutional investor held 100 shares of the medical specialities company at the end of 2017Q4, valued at $22,000, down from 1,842 at the end of the previous reported quarter. Thompson Davis & Co who had been investing in Unitedhealth Group Inc for a number of months, seems to be less bullish one the $235.03 billion market cap company. The stock increased 0.76% or $1.84 during the last trading session, reaching $244.57. About 357,523 shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.42% since May 25, 2017 and is uptrending. It has outperformed by 20.87% the S&P500.

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.09, from 0.88 in 2017Q3. It dropped, as 73 investors sold MCK shares while 310 reduced holdings. 79 funds opened positions while 222 raised stakes. 177.79 million shares or 1.25% less from 180.04 million shares in 2017Q3 were reported. Douglass Winthrop Advisors Ltd Liability has invested 0.01% of its portfolio in McKesson Corporation (NYSE:MCK). United Kingdom-based Gsa Prns Ltd Liability Partnership has invested 0.05% in McKesson Corporation (NYSE:MCK). Fincl Svcs Corp holds 257 shares or 0.02% of its portfolio. Envestnet Asset Management has 0.01% invested in McKesson Corporation (NYSE:MCK). Sector Gamma As stated it has 67,315 shares or 1.76% of all its holdings. Argent Trust, a Tennessee-based fund reported 3,889 shares. Lipe & Dalton holds 1.32% or 12,280 shares. Mufg Americas Hldg holds 1,145 shares. 5,921 are held by Pitcairn Com. Argyle Capital Mgmt invested in 19,275 shares. Clarkston Partners Ltd accumulated 47,435 shares. Cleararc has 0.11% invested in McKesson Corporation (NYSE:MCK). Martin Company Tn reported 17,290 shares. Cornerstone Advsr Inc owns 8,000 shares or 0.14% of their US portfolio. Glenview Cap Ltd Liability Corporation accumulated 3.80M shares.

Since December 14, 2017, it had 0 buys, and 2 insider sales for $10.61 million activity. On Thursday, March 1 the insider Lampert Erin M sold $211,071.

More recent McKesson Corporation (NYSE:MCK) news were published by: Seekingalpha.com which released: “Wall Street Breakfast: New Privacy Bar With GDPR” on May 25, 2018. Also Nasdaq.com published the news titled: “Mid-Day Market Update: Westell Drops Following Weak Q4 Earnings; Destination Maternity Shares Climb” on May 24, 2018. Seekingalpha.com‘s news article titled: “McKesson To Acquire MSD For Medical Supply Distribution” with publication date: May 07, 2018 was also an interesting one.

Among 22 analysts covering McKesson Corporation (NYSE:MCK), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. McKesson Corporation had 83 analyst reports since July 31, 2015 according to SRatingsIntel. S&P Research maintained the stock with “Buy” rating in Friday, July 31 report. FBR Capital maintained the stock with “Outperform” rating in Thursday, July 30 report. On Tuesday, January 12 the stock rating was downgraded by Raymond James to “Mkt Perform”. The stock of McKesson Corporation (NYSE:MCK) has “Buy” rating given on Tuesday, January 12 by Deutsche Bank. The rating was upgraded by Zacks to “Hold” on Wednesday, August 26. JP Morgan downgraded McKesson Corporation (NYSE:MCK) on Thursday, January 5 to “Neutral” rating. Mizuho maintained it with “Hold” rating and $168.0 target in Tuesday, October 24 report. The stock has “Buy” rating by Needham on Friday, February 2. The firm has “Hold” rating given on Wednesday, June 21 by Jefferies. The rating was initiated by UBS with “Neutral” on Thursday, October 6.

Wesbanco Bank Inc, which manages about $900.26 million and $1.48B US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 116,949 shares to 261,732 shares, valued at $44.29 million in 2017Q4, according to the filing. It also reduced its holding in Procter & Gamble (NYSE:PG) by 19,594 shares in the quarter, leaving it with 278,110 shares, and cut its stake in Vanguard (VCSH).

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Seekingalpha.com which released: “UnitedHealth, Quest Diagnostics unveil strategic partnership” on May 24, 2018, also Bizjournals.com with their article: “LabCorp, UnitedHealthcare extend, expand relationship” published on May 25, 2018, Bizjournals.com published: “Polaris, Securian join ranks of Fortune 500 companies; UnitedHealth moves into Top 5 (slideshow)” on May 21, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: Bizjournals.com and their article: “UnitedHealthcare forms group to reach Fayetteville area” published on May 08, 2018 as well as Streetinsider.com‘s news article titled: “UnitedHealth Group (UNH) Announces Long-term Strategic Partnership with LabCorp (LH)” with publication date: May 24, 2018.

Since December 14, 2017, it had 0 insider buys, and 12 insider sales for $32.64 million activity. $5.08 million worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by RENFRO LARRY C on Thursday, March 15. WILENSKY GAIL R had sold 5,820 shares worth $1.40M on Thursday, January 18. HOOPER MICHELE J sold $2.38M worth of UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, January 31. Shares for $3.28 million were sold by Nelson Steven H on Thursday, March 15. $2.46M worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by BALLARD WILLIAM C JR on Tuesday, January 23. Shares for $47,959 were sold by Shine Kenneth Irwin.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.05, from 0.91 in 2017Q3. It improved, as 51 investors sold UNH shares while 538 reduced holdings. 138 funds opened positions while 426 raised stakes. 806.07 million shares or 0.60% less from 810.94 million shares in 2017Q3 were reported. Oregon Pub Employees Retirement Fund has invested 0.88% in UnitedHealth Group Incorporated (NYSE:UNH). Van Cleef Asset Managementinc reported 0.58% stake. Matarin Cap Management has 0.29% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 16,853 shares. Financial Mgmt Professionals stated it has 356 shares or 0.03% of all its holdings. Main Street Research Limited owns 85,695 shares or 2.88% of their US portfolio. Sumitomo Mitsui Tru Hldgs invested 0.91% in UnitedHealth Group Incorporated (NYSE:UNH). Wealth Enhancement Advisory Limited Liability Company stated it has 0.07% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Brown Brothers Harriman Company stated it has 0.01% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Illinois-based Advisory Research has invested 0.44% in UnitedHealth Group Incorporated (NYSE:UNH). Dorsey Wright And Associates invested 0.73% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Bessemer Group stated it has 1.03 million shares or 0.88% of all its holdings. Chicago Equity Ltd Com owns 73,795 shares. Olstein Capital Mgmt Ltd Partnership owns 0.65% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 23,000 shares. Guardian Advisors LP holds 0.45% or 14,165 shares. 2,277 were accumulated by Budros Ruhlin Roe.

UnitedHealth Group Incorporated (NYSE:UNH) Institutional Positions Chart

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