Prescott Group Capital Management L.L.C. Acquires 4,075 Shares of UnitedHealth Group Incorporated $UNH

Prescott Group Capital Management L.L.C. increased its holdings in UnitedHealth Group Incorporated (NYSE:UNH) by 370.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,175 shares of the healthcare conglomerate’s stock after purchasing an additional 4,075 shares during the quarter. Prescott Group Capital Management L.L.C.’s holdings in UnitedHealth Group were worth $1,614,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in UnitedHealth Group by 176.2% during the 4th quarter. Brighton Jones LLC now owns 44,249 shares of the healthcare conglomerate’s stock valued at $22,384,000 after buying an additional 28,231 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of UnitedHealth Group by 137.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,019 shares of the healthcare conglomerate’s stock valued at $2,033,000 after acquiring an additional 2,324 shares during the last quarter. Gateway Wealth Partners LLC increased its holdings in UnitedHealth Group by 8.2% during the 1st quarter. Gateway Wealth Partners LLC now owns 1,253 shares of the healthcare conglomerate’s stock valued at $656,000 after purchasing an additional 95 shares during the period. IFC Advisors LLC lifted its holdings in UnitedHealth Group by 6.1% in the 1st quarter. IFC Advisors LLC now owns 8,454 shares of the healthcare conglomerate’s stock worth $4,428,000 after buying an additional 486 shares during the period. Finally, Riversedge Advisors LLC bought a new stake in shares of UnitedHealth Group in the 1st quarter worth approximately $292,000. Hedge funds and other institutional investors own 87.86% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on UNH. Barclays lifted their price target on shares of UnitedHealth Group from $352.00 to $386.00 and gave the company an “overweight” rating in a report on Thursday, October 9th. Morgan Stanley boosted their price target on shares of UnitedHealth Group from $325.00 to $395.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. TD Cowen raised their price objective on shares of UnitedHealth Group from $335.00 to $338.00 and gave the stock a “hold” rating in a report on Thursday, October 30th. Oppenheimer decreased their target price on UnitedHealth Group from $400.00 to $325.00 and set an “outperform” rating for the company in a research report on Wednesday, July 30th. Finally, Jefferies Financial Group upped their price target on UnitedHealth Group from $317.00 to $409.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Eighteen research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $397.12.

UnitedHealth Group Stock Performance

Shares of UNH opened at $324.29 on Friday. The business’s 50 day moving average price is $345.84 and its 200-day moving average price is $322.64. The stock has a market cap of $293.75 billion, a P/E ratio of 16.93, a P/E/G ratio of 2.28 and a beta of 0.47. UnitedHealth Group Incorporated has a 52 week low of $234.60 and a 52 week high of $630.73. The company has a quick ratio of 0.85, a current ratio of 0.82 and a debt-to-equity ratio of 0.71.

UnitedHealth Group (NYSE:UNH) last released its earnings results on Tuesday, October 28th. The healthcare conglomerate reported $2.92 EPS for the quarter, topping the consensus estimate of $2.87 by $0.05. UnitedHealth Group had a return on equity of 19.23% and a net margin of 4.04%.The business had revenue of $113.16 billion for the quarter, compared to the consensus estimate of $113.19 billion. During the same period in the previous year, the company posted $7.15 earnings per share. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. Equities research analysts anticipate that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 16th. Shareholders of record on Monday, December 8th will be issued a $2.21 dividend. The ex-dividend date of this dividend is Monday, December 8th. This represents a $8.84 annualized dividend and a yield of 2.7%. UnitedHealth Group’s payout ratio is 46.14%.

UnitedHealth Group Company Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.