Schroder Investment Management Group decreased its position in UnitedHealth Group Incorporated (NYSE:UNH) by 14.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,124,194 shares of the healthcare conglomerate’s stock after selling 369,396 shares during the period. UnitedHealth Group makes up 0.6% of Schroder Investment Management Group’s investment portfolio, making the stock its 25th largest position. Schroder Investment Management Group owned approximately 0.22% of UnitedHealth Group worth $350,471,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of UNH. Patriot Financial Group Insurance Agency LLC increased its position in shares of UnitedHealth Group by 1,722.9% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 638 shares of the healthcare conglomerate’s stock worth $106,000 after buying an additional 603 shares during the period. Cribstone Capital Management LLC increased its position in shares of UnitedHealth Group by 22.6% in the first quarter. Cribstone Capital Management LLC now owns 678 shares of the healthcare conglomerate’s stock worth $113,000 after buying an additional 125 shares during the period. Founders Capital Management acquired a new position in shares of UnitedHealth Group during the first quarter worth about $135,000. Parkside Financial Bank & Trust increased its position 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 period. Finally, Hanson McClain Inc. increased its position in shares of UnitedHealth Group by 1.7% in the first quarter. Hanson McClain Inc. now owns 895 shares of the healthcare conglomerate’s stock worth $147,000 after buying an additional 15 shares during the period. 86.21% of the stock is owned by institutional investors and hedge funds.

UnitedHealth Group Incorporated (NYSE:UNH) traded down 0.06% during midday trading on Friday, hitting $198.78. The stock had a trading volume of 803,456 shares. The firm has a 50 day moving average price of $192.48 and a 200 day moving average price of $178.06. UnitedHealth Group Incorporated has a one year low of $132.39 and a one year high of $199.99. The stock has a market cap of $192.19 billion, a PE ratio of 23.88 and a beta of 0.64.

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

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Friday, September 8th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Thursday, September 7th. UnitedHealth Group’s dividend payout ratio (DPR) is currently 35.13%.

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A number of equities analysts have recently issued reports on UNH shares. Vetr raised UnitedHealth Group from a “hold” rating to a “buy” rating and set a $179.00 target price for the company in a research note on Monday, May 15th. BidaskClub raised UnitedHealth Group from a “hold” rating to a “buy” rating in a research note on Friday, June 9th. Zacks Investment Research raised UnitedHealth Group from a “hold” rating to a “buy” rating and set a $201.00 target price for the company in a research note on Wednesday, June 7th. Jefferies Group LLC reissued a “buy” rating and set a $192.00 target price on shares of UnitedHealth Group in a research note on Friday, May 19th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $185.00 price objective on shares of UnitedHealth Group in a research note on Wednesday, June 28th. One analyst has rated the stock with a hold rating and twenty-four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $203.41.

In other UnitedHealth Group news, Director Richard T. Burke sold 15,000 shares of the business’s stock in a transaction on Monday, August 21st. The shares were sold at an average price of $191.71, for a total transaction of $2,875,650.00. Following the sale, the director now directly owns 1,818,898 shares of the company’s stock, valued at approximately $348,700,935.58. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director William C. Ballard, Jr. sold 5,000 shares of the business’s stock in a transaction on Wednesday, June 7th. The shares were sold at an average price of $182.64, for a total transaction of $913,200.00. Following the sale, the director now directly owns 75,735 shares in the company, valued at $13,832,240.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,000 shares of company stock worth $4,758,750. Company 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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