Alibaba Group Holding (BABA) Holder Veritas Asset Management Llp Has Increased Its Position by $18.27 Million as Valuation Declined; Unitedhealth Group (UNH) Holder Sivik Global Healthcare Has Upped Stake by $1.18 Million

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Veritas Asset Management Llp increased its stake in Alibaba Group Holding (BABA) by 27.24% based on its latest 2018Q3 regulatory filing with the SEC. Veritas Asset Management Llp bought 111,398 shares as the company’s stock declined 3.15% with the market. The institutional investor held 520,313 shares of the business services company at the end of 2018Q3, valued at $85.73M, up from 408,915 at the end of the previous reported quarter. Veritas Asset Management Llp who had been investing in Alibaba Group Holding for a number of months, seems to be bullish on the $370.94B market cap company. The stock increased 2.40% or $3.35 during the last trading session, reaching $143.1. About 17.24 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has declined 13.21% since January 8, 2018 and is downtrending. It has underperformed by 13.21% the S&P500. Some Historical BABA News: 30/05/2018 – SHENZHEN CLOU ELECTRONICS 002121.SZ SAYS IT SIGNS STRATEGIC FRAMEWORK AGREEMENT WITH ALIBABA’S CLOUD COMPUTING AFFILIATE ON COOPERATION IN AREAS SUCH AS CLOUD COMPUTING, BIG DATA AND ARTIFICIAL…; 02/04/2018 – BEIJING HUALIAN DEPARTMENT STORE SAYS DEAL TO BRING IN ONE-OFF AFTER-TAX INVESTMENT GAINS OF AROUND 430-510 MLN YUAN; 04/04/2018 – The deal consolidates the resources of the two firms, which are backed by Chinese gaming and social media giant Tencent, as Mobike faces off against Alibaba-backed Ofo; 30/05/2018 – China’s Wanda Group, Tencent team up for ‘smart retail’; 04/05/2018 – ALIBABA – EXPECT REVENUE GROWTH FOR FISCAL YEAR 2019 TO BE OVER 60% YEAR OVER YEAR; 12/03/2018 – IKANG HEALTHCARE-SPECIAL COMMITTEE INFORMED THAT YUNFENG, ALIBABA IN TALKS WITH SOME SHAREHOLDERS ABOUT POTENTIAL SUPPORT FOR YUNFENG/ALIBABA PROPOSAL; 25/04/2018 – Coronation Fund Managers Adds Philip Morris, Exits Alibaba: 13F; 29/03/2018 – ALIBABA HEALTH INFORMATION TECHNOLOGY LTD 0241.HK – SHEN DIFAN APPOINTED CHIEF EXECUTIVE OFFICER; 30/05/2018 – The e-payment battle for Southeast Asia swings Alibaba’s way; 09/04/2018 – XPENG TO COLLABORATE WITH INVESTOR ALIBABA IN CLOUD PRODUCTS

Sivik Global Healthcare Llc increased its stake in Unitedhealth Group Inc (UNH) by 21.52% based on its latest 2018Q3 regulatory filing with the SEC. Sivik Global Healthcare Llc bought 4,427 shares as the company’s stock rose 2.62% while stock markets declined. The hedge fund held 25,000 shares of the medical specialities company at the end of 2018Q3, valued at $6.65 million, up from 20,573 at the end of the previous reported quarter. Sivik Global Healthcare Llc who had been investing in Unitedhealth Group Inc for a number of months, seems to be bullish on the $230.97B market cap company. The stock increased 0.19% or $0.46 during the last trading session, reaching $240.08. About 4.13M shares traded or 2.83% up from the average. UnitedHealth Group Incorporated (NYSE:UNH) has risen 21.07% since January 8, 2018 and is uptrending. It has outperformed by 21.07% the S&P500. Some Historical UNH News: 17/04/2018 – UNITEDHEALTH GROUP INC – QTRLY CONSOLIDATED MEDICAL CARE RATIO 81.4 PERCENT DECREASED 100 BASIS POINT YEAR-OVER-YEAR; 23/04/2018 – Lyfebulb and UnitedHealth Group Announce an Innovation Challenge for Patient Entrepreneurs with lnflammatory Bowel Disease; 14/03/2018 – UNITEDHEALTH IS SAID TO DROP OUT OF BIDDING FOR ENVISION HEALTH – BLOOMBERG, CITING; 24/05/2018 – UnitedHealthcare Establishes Long-Term Strategic Partnership with Quest Diagnostics; 07/05/2018 – Rally Cycling Team Rides “lnspired Bicycles” by Children in Tour of California to Benefit UnitedHealthcare Children’s Foundation; 13/03/2018 – UNITEDHEALTH TO LAUNCH NEW OPTUM VENTURES GLOBAL FUND; 02/04/2018 – AMERICAN RENAL ASSOCIATES NAMED IN SUIT BY UNITED HEALTHCARE; 16/05/2018 – United Healthcare Steve Nelson To Keynote Second Annual Medicare Advantage Summit; 06/03/2018 – UnitedHealthcare Launches Expansion of Direct-to-Consumer Pharmacy Discounts to Millions of Americans; 17/04/2018 – UNITEDHEALTH CFO EXPECTS 2018 MEDICARE CARE RATIO OF 81.5 PERCENT PLUS OR MINUS 50 BASIS POINTS

Veritas Asset Management Llp, which manages about $11.88B US Long portfolio, decreased its stake in Qualcomm Inc (NASDAQ:QCOM) by 4.92 million shares to 7.43 million shares, valued at $535.25 million in 2018Q3, according to the filing. It also reduced its holding in Cvs Health Corp (NYSE:CVS) by 181,100 shares in the quarter, leaving it with 11.71M shares, and cut its stake in Waters Corp (NYSE:WAT).

Among 41 analysts covering Alibaba (NYSE:BABA), 39 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 202 analyst reports since August 12, 2015 according to SRatingsIntel. As per Wednesday, October 28, the company rating was maintained by Wedbush. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, August 12. On Monday, August 24 the stock rating was initiated by Standpoint Research with “Buy”. Needham maintained Alibaba Group Holding Limited (NYSE:BABA) on Thursday, September 28 with “Buy” rating. The rating was maintained by Tigress Financial on Thursday, November 30 with “Buy”. The firm has “Buy” rating given on Monday, November 13 by Robert W. Baird. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, August 18 report. Goldman Sachs maintained it with “Buy” rating and $104 target in Tuesday, June 21 report. The rating was maintained by Brean Capital with “Buy” on Wednesday, October 28. Barclays Capital initiated Alibaba Group Holding Limited (NYSE:BABA) on Wednesday, March 29 with “Overweight” rating.

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Seekingalpha.com which released: “Alibaba: Great Fundamentals, Broken Chart – Seeking Alpha” on October 11, 2018, also Seekingalpha.com with their article: “Alibaba Makes A Strong Move – Seeking Alpha” published on December 18, 2018, Fool.com published: “Alibaba’s Revenue Growth, Almost Too Good to Be True, Hits a Slight Rough Patch – The Motley Fool” on December 19, 2018. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Livetradingnews.com and their article: “Alibaba Group Holding Limited (NYSE:BABA) lowered its full-year estimates due to current macroeconomic conditions – Live Trading News” published on December 13, 2018 as well as Barrons.com‘s news article titled: “Alibaba Leads This List of Top 2019 Stock Picks – Barron’s” with publication date: December 18, 2018.

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Zacks.com which released: “Has UnitedHealth Group (UNH) Outpaced Other Medical Stocks This Year? – Zacks.com” on December 10, 2018, also Seekingalpha.com with their article: “UnitedHealth Group: Buy Or Sell? – Seeking Alpha” published on July 24, 2018, Investorplace.com published: “7 Safe Haven Stocks for a Treacherous Market – Investorplace.com” on December 19, 2018. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: 247Wallst.com and their article: “Texas Judge’s Ruling on Obamacare Torpedoes Hospital Stocks – 24/7 Wall St.” published on December 17, 2018 as well as Seekingalpha.com‘s news article titled: “UnitedHealth Group: I Disagree With The Recent Downgrade – Seeking Alpha” with publication date: September 11, 2018.

Sivik Global Healthcare Llc, which manages about $250.21 million and $280.18 million US Long portfolio, decreased its stake in Astrazeneca Plc Adr (NYSE:AZN) by 25,000 shares to 125,000 shares, valued at $4.95 million in 2018Q3, according to the filing. It also reduced its holding in Qiagen N.V. Com Stk by 30,000 shares in the quarter, leaving it with 85,000 shares, and cut its stake in Intuitive Surgical Inc (NASDAQ:ISRG).

Among 27 analysts covering UnitedHealth Group (NYSE:UNH), 25 have Buy rating, 0 Sell and 2 Hold. Therefore 93% are positive. UnitedHealth Group had 106 analyst reports since September 2, 2015 according to SRatingsIntel. The rating was maintained by Cantor Fitzgerald on Thursday, November 16 with “Buy”. RBC Capital Markets maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Wednesday, October 18. RBC Capital Markets has “Buy” rating and $215.0 target. The stock has “Buy” rating by Jefferies on Friday, January 12. The firm has “Overweight” rating given on Wednesday, July 18 by Morgan Stanley. The rating was maintained by Morgan Stanley on Thursday, August 17 with “Overweight”. Cantor Fitzgerald maintained UnitedHealth Group Incorporated (NYSE:UNH) on Monday, November 26 with “Buy” rating. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, November 30. The stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Buy” rating by Credit Suisse on Wednesday, November 29. The firm has “Overweight” rating given on Wednesday, June 7 by Morgan Stanley. The rating was maintained by Raymond James on Wednesday, October 17 with “Strong Buy”.

Since July 18, 2018, it had 0 insider purchases, and 12 selling transactions for $28.26 million activity. $1.51 million worth of stock was sold by WILENSKY GAIL R on Wednesday, September 12. Shine Kenneth Irwin also sold $45,262 worth of UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, July 18. 5,000 shares valued at $1.32 million were sold by HOOPER MICHELE J on Thursday, September 13. 6,090 shares valued at $1.72M were sold by BURKE RICHARD T on Wednesday, November 28. $2.16 million worth of UnitedHealth Group Incorporated (NYSE:UNH) was sold by Nelson Steven H.

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