UnitedHealth Group Incorporated $UNH Stock Purchased by Kinsale Capital Group Inc.

Kinsale Capital Group Inc. increased its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 18.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,671 shares of the healthcare conglomerate’s stock after purchasing an additional 7,161 shares during the period. UnitedHealth Group accounts for about 2.2% of Kinsale Capital Group Inc.’s holdings, making the stock its 12th biggest holding. Kinsale Capital Group Inc.’s holdings in UnitedHealth Group were worth $16,765,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. 71 West Capital Partners raised its stake in shares of UnitedHealth Group by 0.3% during the third quarter. 71 West Capital Partners now owns 51,659 shares of the healthcare conglomerate’s stock valued at $18,963,000 after purchasing an additional 148 shares during the period. Red Cedar Investment Management LLC boosted its stake in shares of UnitedHealth Group by 149.4% in the third quarter. Red Cedar Investment Management LLC now owns 8,713 shares of the healthcare conglomerate’s stock valued at $3,198,000 after purchasing an additional 5,219 shares during the period. Montis Financial LLC grew its holdings in UnitedHealth Group by 22.0% during the 3rd quarter. Montis Financial LLC now owns 615 shares of the healthcare conglomerate’s stock valued at $226,000 after purchasing an additional 111 shares in the last quarter. Gryphon Financial Partners LLC increased its stake in UnitedHealth Group by 0.7% during the 3rd quarter. Gryphon Financial Partners LLC now owns 30,935 shares of the healthcare conglomerate’s stock worth $11,356,000 after buying an additional 211 shares during the period. Finally, Leuthold Group LLC acquired a new position in UnitedHealth Group in the 3rd quarter worth $925,000. 87.86% of the stock is currently owned by institutional investors and hedge funds.

UnitedHealth Group Price Performance

Shares of UNH stock opened at $396.97 on Tuesday. The firm has a market cap of $355.70 billion, a P/E ratio of 22.67, a P/E/G ratio of 1.48 and a beta of 0.51. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.74 and a quick ratio of 0.78. UnitedHealth Group Incorporated has a 1-year low of $255.96 and a 1-year high of $461.62. The firm has a fifty day moving average of $390.68 and a two-hundred day moving average of $364.28.

UnitedHealth Group (NYSE:UNH) last issued its earnings results on Tuesday, October 13th. The healthcare conglomerate reported $4.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.14 by $0.55. UnitedHealth Group had a net margin of 3.53% and a return on equity of 17.95%. The business had revenue of $112.72 billion for the quarter, compared to analyst estimates of $111.31 billion. During the same quarter in the prior year, the business posted $2.59 EPS. The company’s revenue for the quarter was down .4% on a year-over-year basis. UnitedHealth Group has set its FY 2026 guidance at 20.500- EPS. As a group, research analysts anticipate that UnitedHealth Group Incorporated will post 20.61 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, December 7th will be issued a $2.32 dividend. This represents a $9.28 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Monday, December 7th. UnitedHealth Group’s payout ratio is currently 53.00%.

Analysts Set New Price Targets

UNH has been the subject of a number of analyst reports. KeyCorp reissued an “overweight” rating on shares of UnitedHealth Group in a research report on Wednesday, October 14th. Jefferies Financial Group lifted their target price on UnitedHealth Group from $401.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Truist Financial boosted their price target on UnitedHealth Group from $440.00 to $480.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Raymond James Financial reissued an “outperform” rating and issued a $450.00 price target on shares of UnitedHealth Group in a report on Thursday, October 15th. Finally, Royal Bank Of Canada lifted their price objective on UnitedHealth Group from $478.00 to $498.00 and gave the stock an “outperform” rating in a report on Tuesday, October 20th. Twenty investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, UnitedHealth Group currently has an average rating of “Moderate Buy” and an average target price of $463.93.

Insider Transactions at UnitedHealth Group

In other UnitedHealth Group news, CEO Patrick Conway sold 1,169 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $390.00, for a total transaction of $455,910.00. Following the transaction, the chief executive officer owned 15,328 shares of the company’s stock, valued at $5,977,920. This trade represents a 7.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.19% of the stock is owned by insiders.

UnitedHealth Group Company Profile

UnitedHealth Group is a diversified health care company that provides health benefits and health services through two main businesses: UnitedHealthcare and Optum. UnitedHealthcare offers health insurance and related benefit plans to individuals, employers and government programs, including Medicare and Medicaid.

Optum provides services across the health care system, including care delivery, pharmacy services, pharmacy benefit management, health technology and data analytics. Its businesses serve consumers, health care providers, employers, health plans and government organizations.

Founded in 1977 as United HealthCare Corporation, the company is headquartered in Minnetonka, Minnesota.