Premier Fund Managers Ltd Acquires New Stake in UnitedHealth Group Incorporated $UNH

Premier Fund Managers Ltd bought a new position in UnitedHealth Group Incorporated (NYSE:UNH) in the third quarter, Holdings Channel.com reports. The fund bought 52,128 shares of the healthcare conglomerate’s stock, valued at approximately $17,973,000.

Other institutional investors have also modified their holdings of the company. Lansforsakringar Fondforvaltning AB publ grew its holdings in UnitedHealth Group by 7.3% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 307,071 shares of the healthcare conglomerate’s stock worth $106,032,000 after acquiring an additional 20,975 shares during the period. Intrust Bank NA grew its stake in shares of UnitedHealth Group by 1.1% in the 3rd quarter. Intrust Bank NA now owns 7,729 shares of the healthcare conglomerate’s stock worth $2,669,000 after purchasing an additional 81 shares during the last quarter. Princeton Capital Management LLC acquired a new stake in UnitedHealth Group during the third quarter valued at approximately $212,000. Factorial Partners LLC acquired a new position in UnitedHealth Group in the third quarter worth approximately $622,000. Finally, Mitsubishi UFJ Asset Management UK Ltd. lifted its position in shares of UnitedHealth Group by 26.3% during the 3rd quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 4,800 shares of the healthcare conglomerate’s stock valued at $1,657,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 87.86% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on UNH. Leerink Partners cut their target price on UnitedHealth Group from $410.00 to $345.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 28th. Wells Fargo & Company reduced their price objective on shares of UnitedHealth Group from $400.00 to $370.00 and set an “overweight” rating for the company in a research note on Friday, January 30th. KeyCorp reissued an “overweight” rating on shares of UnitedHealth Group in a research report on Wednesday, January 28th. Truist Financial decreased their price objective on shares of UnitedHealth Group from $410.00 to $370.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Finally, JPMorgan Chase & Co. decreased their price target on shares of UnitedHealth Group from $425.00 to $389.00 and set an “overweight” rating for the company in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $372.13.

UnitedHealth Group Trading Up 0.1%

UnitedHealth Group stock opened at $290.11 on Friday. The business’s 50-day simple moving average is $316.85 and its 200-day simple moving average is $324.74. The firm has a market capitalization of $262.79 billion, a PE ratio of 21.99, a PEG ratio of 1.33 and a beta of 0.41. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.82 and a current ratio of 0.79. UnitedHealth Group Incorporated has a 52 week low of $234.60 and a 52 week high of $606.36.

UnitedHealth Group (NYSE:UNH) last released its earnings results on Tuesday, January 27th. The healthcare conglomerate reported $2.11 EPS for the quarter, beating the consensus estimate of $2.09 by $0.02. UnitedHealth Group had a net margin of 2.69% and a return on equity of 14.79%. The firm had revenue of $113.22 billion during the quarter, compared to analysts’ expectations of $113.38 billion. During the same period in the prior year, the company earned $6.81 EPS. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. UnitedHealth Group has set its FY 2026 guidance at 17.750- EPS. Equities research analysts forecast that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group 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.