TIAA CREF Trust Co. FSB MO boosted its position in UnitedHealth Group Inc. (NYSE:UNH) by 2.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 129,431 shares of the healthcare conglomerate’s stock after buying an additional 2,565 shares during the period. TIAA CREF Trust Co. FSB MO’s holdings in UnitedHealth Group were worth $18,121,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Delta Lloyd NV increased its position in shares of UnitedHealth Group by 4.2% in the third quarter. Delta Lloyd NV now owns 197,782 shares of the healthcare conglomerate’s stock worth $27,689,000 after buying an additional 8,048 shares during the last quarter. Retirement Systems of Alabama boosted its stake in shares of UnitedHealth Group by 13.2% in the third quarter. Retirement Systems of Alabama now owns 655,391 shares of the healthcare conglomerate’s stock worth $91,755,000 after buying an additional 76,561 shares during the period. Ingalls & Snyder LLC bought a new stake in shares of UnitedHealth Group during the third quarter worth $231,000. Abner Herrman & Brock LLC boosted its stake in shares of UnitedHealth Group by 858.0% in the third quarter. Abner Herrman & Brock LLC now owns 38,943 shares of the healthcare conglomerate’s stock worth $5,452,000 after buying an additional 34,878 shares during the period. Finally, Bristol Gate Capital Partners Inc. boosted its stake in shares of UnitedHealth Group by 6.2% in the third quarter. Bristol Gate Capital Partners Inc. now owns 206,605 shares of the healthcare conglomerate’s stock worth $28,925,000 after buying an additional 12,133 shares during the period. Hedge funds and other institutional investors own 84.92% of the company’s stock.

Institutional Ownership by Quarter for UnitedHealth Group (NYSE:UNH)

Shares of UnitedHealth Group Inc. (NYSE:UNH) traded up 1.42% during trading on Wednesday, hitting $159.19. 2,209,546 shares of the company traded hands. UnitedHealth Group Inc. has a one year low of $107.51 and a one year high of $159.76. The stock has a market cap of $151.52 billion, a price-to-earnings ratio of 23.51 and a beta of 0.63. The firm has a 50 day moving average price of $143.81 and a 200-day moving average price of $139.88.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings results on Tuesday, October 18th. The healthcare conglomerate reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.09. UnitedHealth Group had a net margin of 3.62% and a return on equity of 19.92%. The company had revenue of $46.30 billion for the quarter, compared to the consensus estimate of $46.09 billion. During the same period in the previous year, the firm earned $1.77 EPS. UnitedHealth Group’s revenue was up 11.6% on a year-over-year basis. Analysts predict that UnitedHealth Group Inc. will post $8.01 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 13th. Shareholders of record on Friday, December 2nd will be given a dividend of $0.625 per share. The ex-dividend date is Wednesday, November 30th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.59%. UnitedHealth Group’s dividend payout ratio (DPR) is 36.93%.

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A number of brokerages recently weighed in on UNH. Mizuho raised shares of UnitedHealth Group from a “neutral” rating to a “buy” rating and set a $178.00 price target for the company in a research report on Wednesday. Vetr raised shares of UnitedHealth Group from a “buy” rating to a “buy” rating in a research report on Friday, October 7th. RBC Capital Markets boosted their price target on shares of UnitedHealth Group from $168.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday. Jefferies Group reissued a “buy” rating and issued a $163.00 price target on shares of UnitedHealth Group in a research report on Tuesday, October 4th. Finally, Leerink Swann reissued an “outperform” rating on shares of UnitedHealth Group in a research report on Sunday, August 21st. Two research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $160.86.

In other UnitedHealth Group news, Director Richard T. Burke sold 40,000 shares of the business’s stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $135.31, for a total transaction of $5,412,400.00. Following the sale, the director now directly owns 2,003,550 shares in the company, valued at approximately $271,100,350.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gail R. Wilensky sold 5,460 shares of the business’s stock in a transaction dated Thursday, November 17th. The stock was sold at an average price of $150.55, for a total transaction of $822,003.00. Following the sale, the director now owns 60,052 shares in the company, valued at $9,040,828.60. The disclosure for this sale can be found here. Company insiders own 1.65% of the company’s stock.

About UnitedHealth Group

UnitedHealth Group Incorporated is a diversified healthcare company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. The Company conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

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