WINTON GROUP Ltd boosted its position in United Therapeutics Co. (NASDAQ:UTHR) by 175.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,259 shares of the biotechnology company’s stock after acquiring an additional 58,814 shares during the quarter. WINTON GROUP Ltd owned 0.21% of United Therapeutics worth $11,798,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legacy Financial Advisors Inc. bought a new position in United Therapeutics in the second quarter valued at $107,000. Sun Life Financial INC bought a new position in United Therapeutics in the second quarter valued at $198,000. Unison Advisors LLC bought a new position in United Therapeutics in the third quarter valued at $224,000. Balasa Dinverno & Foltz LLC bought a new position in United Therapeutics in the third quarter valued at $260,000. Finally, Fox Run Management L.L.C. bought a new position in United Therapeutics in the second quarter valued at $269,000. 95.71% of the stock is currently owned by institutional investors and hedge funds.
NASDAQ UTHR opened at $116.60 on Friday. The company has a quick ratio of 4.05, a current ratio of 4.32 and a debt-to-equity ratio of 0.09. United Therapeutics Co. has a 12-month low of $100.57 and a 12-month high of $152.55. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of 10.71, a price-to-earnings-growth ratio of 27.09 and a beta of 1.23.
Several analysts have issued reports on UTHR shares. Zacks Investment Research lowered shares of United Therapeutics from a “strong-buy” rating to a “hold” rating in a research report on Sunday, July 15th. Wedbush upped their price target on shares of United Therapeutics from $234.00 to $253.00 and gave the company an “outperform” rating in a research report on Thursday, August 2nd. HC Wainwright restated a “hold” rating and set a $95.00 price target on shares of United Therapeutics in a research report on Thursday, August 2nd. Barclays restated a “sell” rating and set a $100.00 price target on shares of United Therapeutics in a research report on Thursday, August 2nd. Finally, Cowen restated a “hold” rating and set a $110.00 price target on shares of United Therapeutics in a research report on Thursday, August 2nd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. United Therapeutics has a consensus rating of “Hold” and a consensus price target of $136.25.
In other news, Director Christopher Causey sold 810 shares of the stock in a transaction dated Monday, September 10th. The shares were sold at an average price of $119.00, for a total transaction of $96,390.00. Following the completion of the sale, the director now directly owns 1,555 shares in the company, valued at $185,045. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Richard Giltner sold 3,240 shares of the stock in a transaction dated Thursday, August 16th. The stock was sold at an average price of $129.38, for a total transaction of $419,191.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,860 shares of company stock valued at $611,161. 8.20% of the stock is currently owned by company insiders.
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United Therapeutics Profile
United Therapeutics Corporation, a biotechnology company, develops and commercializes products to address the unmet medical needs of patients with chronic and life-threatening diseases worldwide. The company's commercial products include Remodulin, a continuously-infused formulation of the prostacyclin analogue treprostinil for subcutaneous and intravenous administration to diminish symptoms associated with exercise in pulmonary arterial hypertension (PAH) patients; Tyvaso, an inhaled formulation of treprostinil to enhace the exercise ability in PAH patients; Orenitram, a tablet dosage form of treprostinil to enhance the exercise capacity in PAH patients; and Adcirca, an oral PDE-5 inhibitor to enhance the exercise ability in PAH patients.
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