First Citizens Bank & Trust Co. trimmed its position in shares of UnitedHealth Group Inc (NYSE:UNH) by 6.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,067 shares of the healthcare conglomerate’s stock after selling 1,980 shares during the period. UnitedHealth Group makes up approximately 0.9% of First Citizens Bank & Trust Co.’s investment portfolio, making the stock its 22nd largest position. First Citizens Bank & Trust Co.’s holdings in UnitedHealth Group were worth $6,849,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. White Lighthouse Investment Management Inc. acquired a new stake in shares of UnitedHealth Group in the 4th quarter valued at approximately $295,000. Hutchens Investment Management Inc boosted its stake in shares of UnitedHealth Group by 8.2% in the 4th quarter. Hutchens Investment Management Inc now owns 8,144 shares of the healthcare conglomerate’s stock valued at $1,795,000 after purchasing an additional 619 shares in the last quarter. Oak Point Wealth Management acquired a new stake in shares of UnitedHealth Group in the 4th quarter valued at approximately $1,426,000. Abner Herrman & Brock LLC boosted its stake in shares of UnitedHealth Group by 8.7% in the 4th quarter. Abner Herrman & Brock LLC now owns 33,428 shares of the healthcare conglomerate’s stock valued at $7,370,000 after purchasing an additional 2,669 shares in the last quarter. Finally, Prudential Financial Inc. boosted its stake in shares of UnitedHealth Group by 6.1% in the 3rd quarter. Prudential Financial Inc. now owns 2,560,731 shares of the healthcare conglomerate’s stock valued at $501,520,000 after purchasing an additional 146,274 shares in the last quarter. Hedge funds and other institutional investors own 86.00% of the company’s stock.

UnitedHealth Group Inc (UNH) opened at $228.78 on Thursday. The stock has a market cap of $221,700.00, a P/E ratio of 24.08, a P/E/G ratio of 1.32 and a beta of 0.70. UnitedHealth Group Inc has a fifty-two week low of $156.49 and a fifty-two week high of $250.79. The company has a quick ratio of 0.70, a current ratio of 0.73 and a debt-to-equity ratio of 0.58.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings results on Tuesday, January 16th. The healthcare conglomerate reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.09. UnitedHealth Group had a net margin of 5.25% and a return on equity of 21.29%. The firm had revenue of $52.06 billion during the quarter, compared to analyst estimates of $51.57 billion. During the same quarter last year, the business earned $2.11 EPS. The company’s revenue was up 9.5% compared to the same quarter last year. equities analysts expect that UnitedHealth Group Inc will post 12.51 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Friday, March 9th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 1.31%. UnitedHealth Group’s payout ratio is 31.58%.

In other UnitedHealth Group news, Director Gail R. Wilensky sold 5,600 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $223.31, for a total transaction of $1,250,536.00. Following the completion of the transaction, the director now owns 61,137 shares in the company, valued at approximately $13,652,503.47. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Michele J. Hooper sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $237.76, for a total transaction of $2,377,600.00. Following the transaction, the director now owns 37,284 shares of the company’s stock, valued at approximately $8,864,643.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 53,396 shares of company stock valued at $12,262,067. Company insiders own 0.89% of the company’s stock.

A number of equities research analysts have recently weighed in on UNH shares. Credit Suisse Group restated a “buy” rating on shares of UnitedHealth Group in a research note on Wednesday, December 27th. Cantor Fitzgerald raised their price target on shares of UnitedHealth Group to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Evercore ISI restated an “outperform” rating and issued a $255.00 price target (up from $235.00) on shares of UnitedHealth Group in a research note on Friday, January 12th. Wells Fargo & Co restated an “outperform” rating and issued a $245.00 price target (up from $230.00) on shares of UnitedHealth Group in a research note on Wednesday, November 29th. Finally, Zacks Investment Research upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $267.00 price target on the stock in a research note on Saturday, January 20th. Two research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. UnitedHealth Group presently has an average rating of “Buy” and an average price target of $243.22.

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UnitedHealth Group 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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