UnitedHealth to buy DaVita for $4.9 billion

Galtero Lara
Diciembre 7, 2017

Hbk Investments L P invested in 62,300 shares.

The possible threat of new competitors like Amazon entering the pharmacy business and technology companies delivering medical care through cellphones has led former adversaries to become partners, driving insurers to team up with hospitals and doctors' groups. DaVita Inc. (NYSE:DVA) has declined 16.51% since December 6, 2016 and is downtrending. Victory Cap Mngmt reported 26,172 shares.

DaVita's shares jumped 11.6 percent to $68.01 in premarket trading, while UnitedHealth's shares were slightly lower. Goldman Sachs Grp Inc holds 1.42M shares or 0.02% of its portfolio.

Analysts await DaVita Inc. In related news, Director William L. Roper sold 12,994 shares of the business's stock in a transaction on Thursday, May 4th. About 5.62M shares traded or 143.95% up from the average. It has underperformed by 33.21% the S&P500. Four research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. Therefore 8% are positive. It was reported on Dec, 6 by Barchart.com.

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The stock of DaVita Inc. (NYSE:DVA) to report earnings on February, 15. Utah Retirement, a Utah-based fund reported 28,518 shares. Raymond James maintained DaVita Inc. (NYSE:DVA) rating on Friday, October 13. Jefferies maintained the stock with "Hold" rating in Thursday, November 2 report. (NYSE:DVA) has "Hold" rating given on Monday, October 9 by RBC Capital Markets. (NYSE:DVA) on Monday, October 9 to "Underweight" rating. DaVita's main business is operating a chain of for-profit dialysis centers. The rating was maintained by RBC Capital Markets with "Sector Perform" on Wednesday, November 4. The firm earned "Neutral" rating on Tuesday, December 13 by Robert W. Baird. (NYSE:DVA) on Wednesday, November 8 with "Neutral" rating.

Since June 13, 2017, it had 0 buys, and 1 sale for $123,665 activity.

Investors sentiment increased to 1.08 in Q2 2017. 60 funds opened positions while 137 raised stakes. The company reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $0.94 by ($0.13). Canada Pension Plan Inv Board accumulated 387,370 shares or 0.06% of the stock. Tarbox Family Office invested 0% in DaVita Inc. Eaton Vance Management reported 218,365 shares. Wetherby Asset Management Inc. boosted its stake in shares of Davita by 3.3% in the first quarter. (NYSE:DVA) or 8,780 shares. Moreover, Paloma Partners has 0.05% invested in DaVita Inc. (NYSE:DVA) is a huge mover today! Pointstate Cap Lp accumulated 820,855 shares or 0.58% of the stock. Usa Finance Portformulas invested 0.09% in DaVita Inc. JP Morgan downgraded DaVita Inc. Cibc World holds 0.02% in DaVita Inc. Sun Life owns 1,137 shares or 0.01% of their United States portfolio. Parkside National Bank reported 97 shares. Over the past month the firm's stock is 1.70%, 6.11% for the last quarter, -4.87% for the past six-months and -4.96% for the previous year. Ventas Inc (NYSE:VTR) was reduced too. During the same period a year ago, the firm earned $0.95 earnings per share. DaVita had 29 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was initiated by JP Morgan with "Overweight" on Tuesday, December 15. RBC Capital Markets maintained it with "Hold" rating and $6200 target in Monday, July 31 report. FBR Capital maintained the stock with "Outperform" rating in Friday, May 6 report.

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