Parr Mcknight Wealth Management Group LLC Decreases Stock Position in UnitedHealth Group Incorporated $UNH

Parr Mcknight Wealth Management Group LLC lowered its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 48.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,167 shares of the healthcare conglomerate’s stock after selling 12,605 shares during the period. Parr Mcknight Wealth Management Group LLC’s holdings in UnitedHealth Group were worth $4,547,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. LFA Lugano Financial Advisors SA acquired a new position in shares of UnitedHealth Group in the second quarter worth $25,000. Sagard Holdings Management Inc. acquired a new position in UnitedHealth Group in the 2nd quarter valued at about $29,000. Cloud Capital Management LLC acquired a new stake in shares of UnitedHealth Group during the 3rd quarter worth about $32,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of UnitedHealth Group in the third quarter valued at approximately $33,000. Finally, Islay Capital Management LLC acquired a new stake in UnitedHealth Group during the second quarter worth approximately $31,000. 87.86% of the stock is currently owned by institutional investors and hedge funds.

UnitedHealth Group Stock Performance

Shares of NYSE:UNH opened at $282.23 on Tuesday. The business’s 50-day simple moving average is $315.66 and its 200 day simple moving average is $325.57. The company has a market cap of $255.65 billion, a P/E ratio of 21.40, 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 one year low of $234.60 and a one year high of $606.36.

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

Analyst Ratings Changes

UNH has been the topic of a number of recent analyst reports. Barclays reduced their price target on UnitedHealth Group from $391.00 to $327.00 and set an “overweight” rating on the stock in a research note on Friday, January 30th. Truist Financial cut their price objective on shares of UnitedHealth Group from $410.00 to $370.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Morgan Stanley dropped their price target on shares of UnitedHealth Group from $411.00 to $409.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Sanford C. Bernstein reiterated an “outperform” rating on shares of UnitedHealth Group in a report on Wednesday, January 28th. Finally, Mizuho cut their target price on UnitedHealth Group from $430.00 to $350.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. One equities research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $372.13.

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.