Arrow Electronics (ARW) Position Held by Oarsman Capital Inc; Unitedhealth Group (UNH) Holder Stewart & Patten Co Has Raised Its Holding by $888,706

Arrow Electronics, Inc. (NYSE:ARW) Logo

Stewart & Patten Co Llc increased its stake in Unitedhealth Group Inc. (UNH) by 16.76% based on its latest 2018Q3 regulatory filing with the SEC. Stewart & Patten Co Llc bought 3,341 shares as the company’s stock rose 2.62% while stock markets declined. The institutional investor held 23,280 shares of the medical specialities company at the end of 2018Q3, valued at $6.19M, up from 19,939 at the end of the previous reported quarter. Stewart & Patten Co Llc who had been investing in Unitedhealth Group Inc. for a number of months, seems to be bullish on the $253.79B market cap company. The stock increased 0.11% or $0.3 during the last trading session, reaching $263.8. About 3.07M shares traded. UnitedHealth Group Incorporated (NYSE:UNH) has risen 21.07% since February 14, 2018 and is uptrending. It has outperformed by 21.07% the S&P500. Some Historical UNH News: 16/04/2018 – UnitedHealth Group Inc expected to post earnings of $2.90 a share – Earnings Preview; 13/03/2018 – UnitedHealth Group Announces Leadership Actions; 20/04/2018 – UnitedHealth: Wichmann Succeeded Hemsley as Chief Executive Officer; 11/05/2018 – UnitedHealth: ‘Committed to Concrete Solutions to Further Protect Consumers From Rising Drug Prices’; 13/03/2018 – UnitedHealth Changes Optum Leadership; 17/04/2018 – UnitedHealth Raises 2018 View To Adj EPS $12.40-Adj EPS $12.65; 14/03/2018 – UNITEDHEALTH IS SAID TO DROP OUT OF BIDDING FOR ENVISION HEALTH – BLOOMBERG, CITING; 17/04/2018 – The 4 major averages all closed sharply higher Tuesday, as investor sentiment was boosted by strong results from Netflix and UnitedHealth; 06/03/2018 – Forbes: UnitedHealth Will Pass Drug Maker Rebates To More Customers; 17/04/2018 – UnitedHealth 1Q Rev $55.19B

Oarsman Capital Inc increased its stake in Arrow Electronics (ARW) by 50.66% based on its latest 2018Q3 regulatory filing with the SEC. Oarsman Capital Inc bought 7,950 shares as the company’s stock declined 5.27% with the market. The institutional investor held 23,643 shares of the consumer non-durables company at the end of 2018Q3, valued at $1.74 million, up from 15,693 at the end of the previous reported quarter. Oarsman Capital Inc who had been investing in Arrow Electronics for a number of months, seems to be bullish on the $6.91 billion market cap company. The stock increased 0.78% or $0.63 during the last trading session, reaching $81.36. About 544,859 shares traded. Arrow Electronics, Inc. (NYSE:ARW) has declined 7.74% since February 14, 2018 and is downtrending. It has underperformed by 7.74% the S&P500. Some Historical ARW News: 09/05/2018 – Three companies win $550.8 mln deal to supply McAfee software to Pentagon; 19/03/2018 – Arrow Electronics Honored with Two Wins at the Business Transformation & Operational Excellence Awards; 03/05/2018 – ARROW ELECTRONICS 1Q ADJ EPS $1.88, EST. $1.82; 05/03/2018 Arrow Electronics Releases Annual Report Focusing on its Global Corporate Social Responsibility; 27/03/2018 – Arrow Electronics Inc. CDS Widens 8 Bps, Most in 12 Months; 03/05/2018 – Arrow Electronics 1Q EPS $1.56; 23/05/2018 – Littelfuse Honors Arrow Electronics as 2017 Volume Distributor of the Year; 23/05/2018 – Arrow Electronics at Bank of America Conference Jun 5; 20/04/2018 – Consolidated Research: 2018 Summary Expectations for Keane Group, Spirit Airlines, Farmland Partners, Arrow Electronics, Semgro; 06/03/2018 – Arrow Electronics Closes Above 50-Day Moving Average

Among 28 analysts covering UnitedHealth Group (NYSE:UNH), 26 have Buy rating, 0 Sell and 2 Hold. Therefore 93% are positive. UnitedHealth Group had 107 analyst reports since September 2, 2015 according to SRatingsIntel. Mizuho upgraded UnitedHealth Group Incorporated (NYSE:UNH) rating on Wednesday, November 30. Mizuho has “Buy” rating and $178 target. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Overweight” rating given on Wednesday, January 4 by Piper Jaffray. The rating was maintained by Bernstein on Wednesday, April 18 with “Buy”. The rating was downgraded by Citigroup to “Neutral” on Monday, September 10. The stock of UnitedHealth Group Incorporated (NYSE:UNH) has “Strong-Buy” rating given on Wednesday, September 2 by Vetr. The firm has “Buy” rating given on Thursday, November 16 by Cantor Fitzgerald. Oppenheimer maintained UnitedHealth Group Incorporated (NYSE:UNH) on Friday, July 7 with “Buy” rating. The firm earned “Buy” rating on Tuesday, November 28 by Jefferies. The firm has “Buy” rating given on Tuesday, October 17 by Cantor Fitzgerald. The firm has “Buy” rating given on Wednesday, July 19 by RBC Capital Markets.

More notable recent UnitedHealth Group Incorporated (NYSE:UNH) news were published by: Seekingalpha.com which released: “UnitedHealth beats by $0.06, beats on revenue – Seeking Alpha” on January 15, 2019, also Seekingalpha.com with their article: “UnitedHealth sues former exec over trade secrets – Seeking Alpha” published on January 24, 2019, Benzinga.com published: “BofA, Raymond James Bullish On UnitedHealth’s Growth Prospects After Q4 Beat (NYSE:UNH) – Benzinga” on January 16, 2019. More interesting news about UnitedHealth Group Incorporated (NYSE:UNH) were released by: Fool.com and their article: “UnitedHealth Group (UNH) Q4 2018 Earnings Conference Call Transcript – The Motley Fool” published on January 15, 2019 as well as Fool.com‘s news article titled: “Here’s What Sliced $31 Billion From UnitedHealth Group in December – Motley Fool” with publication date: January 06, 2019.

Investors sentiment increased to 1.12 in 2018 Q3. Its up 0.02, from 1.1 in 2018Q2. It increased, as 41 investors sold UNH shares while 499 reduced holdings. 136 funds opened positions while 468 raised stakes. 787.07 million shares or 0.65% less from 792.19 million shares in 2018Q2 were reported. Martingale Asset Mgmt Lp accumulated 0.67% or 214,133 shares. North Star Asset Mngmt, Wisconsin-based fund reported 1,630 shares. Invesco has invested 0.35% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Prudential Pcl has 1.53% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 1.78M shares. Donaldson Mngmt Ltd Llc holds 21,939 shares. Auxier Asset Mgmt owns 91,689 shares or 4.6% of their US portfolio. Gamco Invsts Et Al holds 35,764 shares or 0.06% of its portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mngmt Corp has invested 0.23% in UnitedHealth Group Incorporated (NYSE:UNH). First Hawaiian Bankshares has invested 0.39% in UnitedHealth Group Incorporated (NYSE:UNH). Caprock Group Incorporated holds 7,831 shares or 0.42% of its portfolio. United Kingdom-based Barclays Public Ltd Co has invested 0.3% in UnitedHealth Group Incorporated (NYSE:UNH). 79,845 were accumulated by Palisade Asset Ltd. 956 were reported by Ftb Advsrs. High Pointe Cap Mngmt Ltd Com invested in 1,000 shares or 0.36% of the stock. Partner Inv Mngmt Limited Partnership invested 0.9% in UnitedHealth Group Incorporated (NYSE:UNH).

Stewart & Patten Co Llc, which manages about $814.96 million and $545.90 million US Long portfolio, decreased its stake in Bemis Co. Inc. (NYSE:BMS) by 21,430 shares to 41,861 shares, valued at $2.04M in 2018Q3, according to the filing. It also reduced its holding in Exxon Mobil Corp (NYSE:XOM) by 24,866 shares in the quarter, leaving it with 118,274 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

Since August 24, 2018, it had 0 buys, and 13 insider sales for $35.75 million activity. 15,393 UnitedHealth Group Incorporated (NYSE:UNH) shares with value of $4.07 million were sold by WILSON D ELLEN. WILENSKY GAIL R also sold $1.51 million worth of UnitedHealth Group Incorporated (NYSE:UNH) on Wednesday, September 12. The insider Shine Kenneth Irwin sold $44,796. BURKE RICHARD T sold 6,090 shares worth $1.72M. HOOPER MICHELE J sold $1.32 million worth of stock or 5,000 shares. BALLARD WILLIAM C JR had sold 5,000 shares worth $1.33M on Tuesday, January 22.

Among 14 analysts covering Arrow Electronics Inc. (NYSE:ARW), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Arrow Electronics Inc. had 26 analyst reports since July 29, 2015 according to SRatingsIntel. Citigroup downgraded Arrow Electronics, Inc. (NYSE:ARW) rating on Monday, May 2. Citigroup has “Sell” rating and $53 target. The firm earned “Buy” rating on Wednesday, July 29 by Credit Agricole. The stock of Arrow Electronics, Inc. (NYSE:ARW) has “Buy” rating given on Wednesday, October 4 by Stifel Nicolaus. On Thursday, January 18 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, May 4. The company was initiated on Wednesday, April 27 by Bank of America. The stock has “Buy” rating by Raymond James on Monday, February 12. The rating was upgraded by Zacks to “Hold” on Monday, August 31. SunTrust downgraded the shares of ARW in report on Tuesday, January 3 to “Hold” rating. The firm earned “Buy” rating on Sunday, September 10 by Stifel Nicolaus.

Oarsman Capital Inc, which manages about $244.14 million and $248.30M US Long portfolio, decreased its stake in Walgreens Boots Alliance by 6,256 shares to 17,871 shares, valued at $1.30M in 2018Q3, according to the filing.

Since August 20, 2018, it had 0 insider purchases, and 4 sales for $2.00 million activity. Morris Mary Catherine sold $810,766 worth of stock or 10,237 shares. 700 shares were sold by Kostalnick Charles II, worth $52,059 on Tuesday, November 6.

Arrow Electronics, Inc. (NYSE:ARW) Institutional Positions Chart