University of Texas Texas AM Investment Management Co. trimmed its position in shares of UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 95.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 475 shares of the healthcare conglomerate’s stock after selling 11,152 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in UnitedHealth Group were worth $197,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of the company. Ascent Group LLC boosted its position in UnitedHealth Group by 16.4% in the second quarter. Ascent Group LLC now owns 19,555 shares of the healthcare conglomerate’s stock worth $8,127,000 after purchasing an additional 2,750 shares during the last quarter. Summit Securities Group LLC increased its position in shares of UnitedHealth Group by 392.6% during the 2nd quarter. Summit Securities Group LLC now owns 6,300 shares of the healthcare conglomerate’s stock valued at $2,618,000 after purchasing an additional 5,021 shares during the last quarter. Commonwealth Retirement Investments LLC boosted its holdings in shares of UnitedHealth Group by 52.2% in the second quarter. Commonwealth Retirement Investments LLC now owns 15,970 shares of the healthcare conglomerate’s stock worth $6,638,000 after buying an additional 5,478 shares during the last quarter. TCW Group Inc. increased its holdings in UnitedHealth Group by 47.1% during the second quarter. TCW Group Inc. now owns 201,129 shares of the healthcare conglomerate’s stock valued at $83,595,000 after buying an additional 64,368 shares during the last quarter. Finally, BIP Wealth LLC boosted its stake in shares of UnitedHealth Group by 11.9% during the 2nd quarter. BIP Wealth LLC now owns 1,747 shares of the healthcare conglomerate’s stock worth $726,000 after acquiring an additional 186 shares during the last quarter. Institutional investors own 87.86% of the company’s stock.
Insider Activity at UnitedHealth Group
In other UnitedHealth Group news, CEO Patrick Hugh Conway sold 500 shares of UnitedHealth Group stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $410.00, for a total value of $205,000.00. Following the completion of the transaction, the chief executive officer directly owned 16,497 shares of the company’s stock, valued at $6,763,770. This trade represents a 2.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.19% of the stock is owned by insiders.
UnitedHealth Group Stock Up 0.6%
UnitedHealth Group (NYSE:UNH – Get Free Report) last posted its earnings results on Thursday, July 16th. The healthcare conglomerate reported $6.38 EPS for the quarter, topping analysts’ consensus estimates of $4.94 by $1.44. The company had revenue of $112.03 billion for the quarter, compared to the consensus estimate of $110.81 billion. UnitedHealth Group had a return on equity of 16.53% and a net margin of 3.14%.The firm’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the business earned $4.08 earnings per share. UnitedHealth Group has set its FY 2026 guidance at 19.500-20.000 EPS. Analysts predict that UnitedHealth Group Incorporated will post 19.69 EPS for the current fiscal year.
UnitedHealth Group Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Monday, September 14th will be paid a dividend of $2.32 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a $9.28 dividend on an annualized basis and a yield of 2.3%. UnitedHealth Group’s dividend payout ratio is presently 59.72%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on UNH shares. Mizuho upped their price objective on UnitedHealth Group from $470.00 to $493.00 and gave the stock an “outperform” rating in a research note on Monday, July 20th. Wells Fargo & Company upped their price target on UnitedHealth Group from $397.00 to $485.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Oppenheimer lifted their price objective on UnitedHealth Group from $420.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Sanford C. Bernstein reissued an “outperform” rating on shares of UnitedHealth Group in a report on Tuesday, July 21st. Finally, Argus upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $400.00 price target for the company in a research report on Wednesday, April 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $455.92.
Read Our Latest Stock Analysis on UnitedHealth Group
About UnitedHealth Group
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.
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