Dynamic Capital Management Ltd lowered its position in UnitedHealth Group Incorporated (NYSE:UNH) by 63.9% during the first quarter, Holdings Channel reports. The fund owned 13,131 shares of the healthcare conglomerate’s stock after selling 23,257 shares during the period. Dynamic Capital Management Ltd’s holdings in UnitedHealth Group were worth $2,154,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. Jackson Grant Investment Advisers Inc. boosted its stake in shares of UnitedHealth Group by 0.4% in the first quarter. Jackson Grant Investment Advisers Inc. now owns 1,097 shares of the healthcare conglomerate’s stock worth $180,000 after buying an additional 4 shares during the last quarter. Adirondack Trust Co. boosted its stake in shares of UnitedHealth Group by 0.5% in the first quarter. Adirondack Trust Co. now owns 990 shares of the healthcare conglomerate’s stock worth $162,000 after buying an additional 5 shares during the last quarter. Paradigm Financial Advisors LLC boosted its stake in shares of UnitedHealth Group by 0.4% in the first quarter. Paradigm Financial Advisors LLC now owns 2,761 shares of the healthcare conglomerate’s stock worth $452,000 after buying an additional 11 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of UnitedHealth Group by 1.4% in the first quarter. Parkside Financial Bank & Trust now owns 854 shares of the healthcare conglomerate’s stock worth $140,000 after buying an additional 12 shares during the last quarter. Finally, Harwood Advisory Group LLC boosted its stake in shares of UnitedHealth Group by 0.8% in the first quarter. Harwood Advisory Group LLC now owns 1,885 shares of the healthcare conglomerate’s stock worth $309,000 after buying an additional 15 shares during the last quarter. Institutional investors and hedge funds own 86.37% of the company’s stock.

UnitedHealth Group Incorporated (NYSE UNH) traded down 0.46% on Thursday, hitting $193.94. The stock had a trading volume of 131,231 shares. The firm’s 50-day moving average price is $188.96 and its 200-day moving average price is $174.38. UnitedHealth Group Incorporated has a 1-year low of $132.39 and a 1-year high of $196.04. The firm has a market cap of $187.51 billion, a P/E ratio of 23.30 and a beta of 0.64.

UnitedHealth Group (NYSE:UNH) last posted its earnings results on Tuesday, July 18th. The healthcare conglomerate reported $2.46 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.38 by $0.08. The business had revenue of $50.05 billion during the quarter, compared to the consensus estimate of $49.97 billion. UnitedHealth Group had a return on equity of 21.52% and a net margin of 4.32%. UnitedHealth Group’s revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the company earned $1.96 EPS. On average, equities research analysts predict that UnitedHealth Group Incorporated will post $9.87 earnings per share for the current year.

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UNH has been the subject of a number of analyst reports. UBS AG restated a “buy” rating and issued a $194.00 price target (up previously from $193.00) on shares of UnitedHealth Group in a report on Saturday, April 22nd. Cantor Fitzgerald restated an “overweight” rating and issued a $205.00 price target (up previously from $200.00) on shares of UnitedHealth Group in a report on Saturday, April 22nd. Sanford C. Bernstein restated an “outperform” rating and issued a $190.00 price target on shares of UnitedHealth Group in a report on Monday, July 10th. Credit Suisse Group restated an “outperform” rating and issued a $200.00 price target (up previously from $195.00) on shares of UnitedHealth Group in a report on Thursday, July 13th. Finally, Citigroup Inc. upped their price target on UnitedHealth Group from $195.00 to $213.00 and gave the stock a “buy” rating in a report on Wednesday, July 19th. One equities research analyst has rated the stock with a hold rating and twenty-four have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $200.24.

In other UnitedHealth Group news, Director William C. Ballard, Jr. sold 5,000 shares of UnitedHealth Group stock in a transaction on Wednesday, June 7th. The stock was sold at an average price of $182.64, for a total value of $913,200.00. Following the completion of the transaction, the director now owns 75,735 shares in the company, valued at approximately $13,832,240.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Gail R. Wilensky sold 5,540 shares of UnitedHealth Group stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $178.74, for a total value of $990,219.60. Following the completion of the transaction, the director now owns 60,516 shares of the company’s stock, valued at approximately $10,816,629.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,540 shares of company stock valued at $2,873,320. Corporate insiders own 0.89% of the company’s stock.

UnitedHealth Group Company Profile

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

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

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