Fort Washington Investment Advisors Inc. OH lessened its holdings in UnitedHealth Group Incorporated (NYSE:UNH) by 25.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,295 shares of the healthcare conglomerate’s stock after selling 8,929 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in UnitedHealth Group were worth $4,876,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Advantage Investment Management LLC increased its position in shares of UnitedHealth Group by 47.3% in the first quarter. Advantage Investment Management LLC now owns 2,844 shares of the healthcare conglomerate’s stock valued at $466,000 after acquiring an additional 913 shares during the period. Arxis Securities LLC purchased a new position in shares of UnitedHealth Group in the first quarter valued at about $532,000. Pioneer Investment Management Inc. increased its position in shares of UnitedHealth Group by 50.8% in the first quarter. Pioneer Investment Management Inc. now owns 1,185,327 shares of the healthcare conglomerate’s stock valued at $194,405,000 after acquiring an additional 399,133 shares during the period. Jaffetilchin Investment Partners LLC increased its position in shares of UnitedHealth Group by 16.3% in the first quarter. Jaffetilchin Investment Partners LLC now owns 6,330 shares of the healthcare conglomerate’s stock valued at $1,038,000 after acquiring an additional 889 shares during the period. Finally, Zweig DiMenna Associates LLC increased its position in shares of UnitedHealth Group by 35.0% in the first quarter. Zweig DiMenna Associates LLC now owns 80,631 shares of the healthcare conglomerate’s stock valued at $13,224,000 after acquiring an additional 20,900 shares during the period. Institutional investors own 85.71% of the company’s stock.

In other news, insider Larry C. Renfro sold 50,574 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $198.11, for a total transaction of $10,019,215.14. Following the completion of the transaction, the insider now directly owns 195,625 shares of the company’s stock, valued at $38,755,268.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kenneth Irwin Shine sold 457 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $211.03, for a total transaction of $96,440.71. The disclosure for this sale can be found here. Insiders have sold 57,606 shares of company stock valued at $11,433,133 over the last three months. 0.89% of the stock is owned by corporate insiders.

UnitedHealth Group Incorporated (UNH) opened at $209.90 on Monday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.52. The stock has a market cap of $202,940.00, a PE ratio of 21.86, a price-to-earnings-growth ratio of 1.56 and a beta of 0.64. UnitedHealth Group Incorporated has a twelve month low of $148.56 and a twelve month high of $213.93.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings data on Tuesday, October 17th. The healthcare conglomerate reported $2.66 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.09. UnitedHealth Group had a net margin of 4.50% and a return on equity of 21.52%. The firm had revenue of $50.32 billion during the quarter, compared to analysts’ expectations of $50.38 billion. During the same period in the previous year, the company earned $2.17 earnings per share. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. sell-side analysts predict that UnitedHealth Group Incorporated will post 9.99 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Friday, December 1st will be issued a dividend of $0.75 per share. The ex-dividend date is Thursday, November 30th. This represents a $3.00 annualized dividend and a dividend yield of 1.43%. UnitedHealth Group’s payout ratio is 34.09%.

A number of equities research analysts have recently weighed in on UNH shares. Jefferies Group LLC reaffirmed a “buy” rating and set a $215.00 target price on shares of UnitedHealth Group in a research note on Friday, August 18th. Cowen and Company reaffirmed an “outperform” rating and set a $220.00 target price (up previously from $175.00) on shares of UnitedHealth Group in a research note on Friday, August 11th. Zacks Investment Research raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $215.00 target price on the stock in a research note on Tuesday, August 1st. BMO Capital Markets started coverage on shares of UnitedHealth Group in a research note on Monday, October 16th. They set an “outperform” rating and a $250.00 target price on the stock. Finally, Citigroup Inc. lifted their target price on shares of UnitedHealth Group from $213.00 to $235.00 and gave the company a “buy” rating in a research note on Wednesday, October 18th. Three equities research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $216.65.

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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.

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

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