United Therapeutics Co. (NASDAQ:UTHR) Director Tommy G. Thompson sold 400 shares of the stock in a transaction on Tuesday, February 5th. The stock was sold at an average price of $117.00, for a total value of $46,800.00. Following the completion of the sale, the director now directly owns 2,970 shares in the company, valued at $347,490. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Shares of UTHR stock opened at $116.95 on Wednesday. The company has a current ratio of 4.32, a quick ratio of 4.05 and a debt-to-equity ratio of 0.09. United Therapeutics Co. has a twelve month low of $100.06 and a twelve month high of $139.54. The company has a market capitalization of $5.09 billion, a P/E ratio of 10.74, a P/E/G ratio of 44.01 and a beta of 1.05.
UTHR has been the topic of several analyst reports. Cowen set a $106.00 target price on United Therapeutics and gave the stock a “hold” rating in a research report on Wednesday, October 31st. Credit Suisse Group raised their price target on United Therapeutics from $103.00 to $105.00 and gave the company a “sell” rating in a report on Monday, November 19th. BidaskClub lowered United Therapeutics from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 31st. Oppenheimer set a $160.00 price target on United Therapeutics and gave the company a “buy” rating in a report on Tuesday, November 20th. Finally, HC Wainwright reissued a “hold” rating and set a $95.00 price target on shares of United Therapeutics in a report on Thursday, November 1st. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. United Therapeutics presently has a consensus rating of “Hold” and an average price target of $134.00.
Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE increased its position in United Therapeutics by 2.8% in the 2nd quarter. Bank of America Corp DE now owns 99,674 shares of the biotechnology company’s stock worth $11,277,000 after buying an additional 2,724 shares during the period. Northern Trust Corp grew its holdings in shares of United Therapeutics by 2.7% during the 2nd quarter. Northern Trust Corp now owns 443,163 shares of the biotechnology company’s stock worth $50,145,000 after purchasing an additional 11,655 shares in the last quarter. Fox Run Management L.L.C. grew its holdings in shares of United Therapeutics by 85.2% during the 3rd quarter. Fox Run Management L.L.C. now owns 4,406 shares of the biotechnology company’s stock worth $563,000 after purchasing an additional 2,027 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of United Therapeutics by 4.3% during the 3rd quarter. Bank of Montreal Can now owns 66,930 shares of the biotechnology company’s stock worth $8,559,000 after purchasing an additional 2,779 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in shares of United Therapeutics by 18.1% during the 3rd quarter. Nisa Investment Advisors LLC now owns 17,535 shares of the biotechnology company’s stock worth $2,242,000 after purchasing an additional 2,685 shares in the last quarter. 97.61% of the stock is currently owned by institutional investors and hedge funds.
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About United Therapeutics
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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