UnitedHealth Group Incorporated $UNH Shares Acquired by National Wealth Management Group LLC

National Wealth Management Group LLC lifted its holdings in UnitedHealth Group Incorporated (NYSE:UNH) by 130.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 5,218 shares of the healthcare conglomerate’s stock after purchasing an additional 2,954 shares during the period. National Wealth Management Group LLC’s holdings in UnitedHealth Group were worth $1,802,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BG Investment Services Inc. raised its stake in shares of UnitedHealth Group by 12.4% in the 3rd quarter. BG Investment Services Inc. now owns 1,692 shares of the healthcare conglomerate’s stock worth $584,000 after buying an additional 186 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in UnitedHealth Group by 8.4% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 108,919 shares of the healthcare conglomerate’s stock worth $37,635,000 after purchasing an additional 8,421 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc increased its holdings in shares of UnitedHealth Group by 58.3% in the 3rd quarter. AEGON ASSET MANAGEMENT UK Plc now owns 86,135 shares of the healthcare conglomerate’s stock valued at $29,740,000 after purchasing an additional 31,722 shares during the period. Cooke & Bieler LP raised its holdings in shares of UnitedHealth Group by 15.3% during the third quarter. Cooke & Bieler LP now owns 364,424 shares of the healthcare conglomerate’s stock worth $125,836,000 after acquiring an additional 48,345 shares in the last quarter. Finally, Callahan Advisors LLC increased its stake in shares of UnitedHealth Group by 3.0% during the 3rd quarter. Callahan Advisors LLC now owns 49,672 shares of the healthcare conglomerate’s stock worth $17,152,000 after purchasing an additional 1,459 shares during the last quarter. 87.86% of the stock is currently owned by institutional investors and hedge funds.

UnitedHealth Group Stock Up 0.6%

UnitedHealth Group stock opened at $356.46 on Monday. The company’s 50-day moving average price is $332.07 and its two-hundred day moving average price is $323.59. UnitedHealth Group Incorporated has a twelve month low of $234.60 and a twelve month high of $606.36. The stock has a market cap of $322.89 billion, a P/E ratio of 18.60, a P/E/G ratio of 2.15 and a beta of 0.42. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.71.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings data on Tuesday, October 28th. The healthcare conglomerate reported $2.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.05. The firm had revenue of $113.16 billion for the quarter, compared to the consensus estimate of $113.19 billion. UnitedHealth Group had a net margin of 4.04% and a return on equity of 19.23%. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the company posted $7.15 earnings per share. As a group, analysts expect that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Monday, December 8th were paid a $2.21 dividend. This represents a $8.84 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, December 8th. UnitedHealth Group’s payout ratio is currently 46.14%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on UNH. Sanford C. Bernstein upped their price target on shares of UnitedHealth Group from $433.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Piper Sandler lowered their price objective on UnitedHealth Group from $423.00 to $417.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 28th. Zacks Research upgraded shares of UnitedHealth Group from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Leerink Partners set a $410.00 price objective on UnitedHealth Group and gave the company an “outperform” rating in a research report on Wednesday, October 29th. Finally, Evercore ISI raised shares of UnitedHealth Group to a “strong-buy” rating in a report on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $386.33.

UnitedHealth Group Company Profile

UnitedHealth Group Inc is a diversified health care company headquartered in Minnetonka, Minnesota, that operates two primary business platforms: UnitedHealthcare and Optum. Founded in 1977, the company provides a broad range of health benefits and health care services to individuals, employers, governmental entities and other organizations. Its operations span commercial employer-sponsored plans, individual and Medicare and Medicaid programs, and services for customers and health systems in the United States and selected international markets.

UnitedHealthcare is the company’s benefits business, administering health plans and networks, managing provider relationships, and offering coverage products for employers, individuals, and government-sponsored programs.