UnitedHealth Group Inc (UNH) Shares Sold by Insight Capital Research & Management Inc.

Insight Capital Research & Management Inc. lowered its stake in shares of UnitedHealth Group Inc (NYSE:UNH) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,803 shares of the healthcare conglomerate’s stock after selling 318 shares during the period. UnitedHealth Group comprises 1.6% of Insight Capital Research & Management Inc.’s portfolio, making the stock its 16th largest holding. Insight Capital Research & Management Inc.’s holdings in UnitedHealth Group were worth $2,899,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Regal Wealth Group Inc. boosted its holdings in UnitedHealth Group by 0.4% during the second quarter. Regal Wealth Group Inc. now owns 746 shares of the healthcare conglomerate’s stock worth $138,000 after buying an additional 3 shares in the last quarter. Jackson Grant Investment Advisers Inc. boosted its holdings in UnitedHealth Group by 0.4% during the second quarter. Jackson Grant Investment Advisers Inc. now owns 1,101 shares of the healthcare conglomerate’s stock worth $204,000 after buying an additional 4 shares in the last quarter. RNC Capital Management LLC boosted its holdings in UnitedHealth Group by 0.7% during the second quarter. RNC Capital Management LLC now owns 1,940 shares of the healthcare conglomerate’s stock worth $360,000 after buying an additional 13 shares in the last quarter. Highland Private Wealth Management boosted its holdings in UnitedHealth Group by 0.4% during the second quarter. Highland Private Wealth Management now owns 3,199 shares of the healthcare conglomerate’s stock worth $593,000 after buying an additional 13 shares in the last quarter. Finally, Flagship Harbor Advisors LLC boosted its holdings in UnitedHealth Group by 0.3% during the second quarter. Flagship Harbor Advisors LLC now owns 5,028 shares of the healthcare conglomerate’s stock worth $939,000 after buying an additional 15 shares in the last quarter. 86.24% of the stock is currently owned by hedge funds and other institutional investors.

UnitedHealth Group Inc (UNH) opened at $220.96 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.70 and a current ratio of 0.73. The stock has a market cap of $214,130.00, a P/E ratio of 20.63, a P/E/G ratio of 1.32 and a beta of 0.70. UnitedHealth Group Inc has a one year low of $156.49 and a one year high of $250.79.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings data on Tuesday, January 16th. The healthcare conglomerate reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.09. The business had revenue of $52.06 billion for the quarter, compared to the consensus estimate of $51.57 billion. UnitedHealth Group had a net margin of 5.25% and a return on equity of 21.29%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.11 earnings per share. research analysts forecast that UnitedHealth Group Inc will post 12.51 EPS for the current fiscal year.

A number of analysts recently commented on UNH shares. Credit Suisse Group reissued a “buy” rating on shares of UnitedHealth Group in a report on Wednesday, December 27th. Cantor Fitzgerald boosted their price objective on shares of UnitedHealth Group to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, October 18th. Evercore ISI reaffirmed an “outperform” rating and issued a $255.00 price target (up previously from $235.00) on shares of UnitedHealth Group in a report on Friday, January 12th. Wells Fargo & Co reaffirmed an “outperform” rating and issued a $245.00 price target (up previously from $230.00) on shares of UnitedHealth Group in a report on Wednesday, November 29th. Finally, ValuEngine downgraded shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Two equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. UnitedHealth Group currently has an average rating of “Buy” and a consensus target price of $243.22.

In related news, CEO Larry C. Renfro sold 22,598 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $221.75, for a total transaction of $5,011,106.50. Following the transaction, the chief executive officer now owns 195,314 shares of the company’s stock, valued at $43,310,879.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gail R. Wilensky sold 5,600 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $223.31, for a total transaction of $1,250,536.00. Following the transaction, the director now directly owns 61,137 shares in the company, valued at approximately $13,652,503.47. The disclosure for this sale can be found here. Insiders have sold 53,853 shares of company stock worth $12,358,508 in the last three months. Insiders own 0.89% of the company’s stock.

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UnitedHealth Group Profile

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

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Institutional Ownership by Quarter for UnitedHealth Group (NYSE:UNH)

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