UnitedHealth Group Inc (UNH) Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank increased its stake in UnitedHealth Group Inc (NYSE:UNH) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 495,067 shares of the healthcare conglomerate’s stock after purchasing an additional 18,074 shares during the quarter. UnitedHealth Group accounts for 1.0% of Zurcher Kantonalbank Zurich Cantonalbank’s investment portfolio, making the stock its 12th largest position. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in UnitedHealth Group were worth $109,142,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the business. Sanders Capital LLC increased its holdings in UnitedHealth Group by 1.5% during the 4th quarter. Sanders Capital LLC now owns 3,148,493 shares of the healthcare conglomerate’s stock valued at $753,538,000 after acquiring an additional 47,500 shares in the last quarter. IFC Holdings Incorporated FL boosted its stake in shares of UnitedHealth Group by 4.6% during the 4th quarter. IFC Holdings Incorporated FL now owns 33,032 shares of the healthcare conglomerate’s stock worth $7,277,000 after purchasing an additional 1,460 shares during the last quarter. Mutual of America Capital Management LLC boosted its stake in shares of UnitedHealth Group by 4.8% during the 4th quarter. Mutual of America Capital Management LLC now owns 154,743 shares of the healthcare conglomerate’s stock worth $34,115,000 after purchasing an additional 7,028 shares during the last quarter. Dupont Capital Management Corp boosted its stake in shares of UnitedHealth Group by 30.6% during the 4th quarter. Dupont Capital Management Corp now owns 148,107 shares of the healthcare conglomerate’s stock worth $32,652,000 after purchasing an additional 34,659 shares during the last quarter. Finally, Telos Capital Management Inc. acquired a new stake in shares of UnitedHealth Group during the 4th quarter worth about $280,000. Hedge funds and other institutional investors own 85.87% of the company’s stock.

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Several research firms have issued reports on UNH. Zacks Investment Research raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $267.00 price target on the stock in a research note on Saturday, January 20th. Argus raised their price target on shares of UnitedHealth Group to $270.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. Deutsche Bank raised their price target on shares of UnitedHealth Group to $260.00 and gave the stock a “buy” rating in a research note on Wednesday, January 17th. Citigroup raised their price target on shares of UnitedHealth Group from $235.00 to $268.00 and gave the stock a “buy” rating in a research note on Wednesday, January 17th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $259.00 price target on shares of UnitedHealth Group in a research note on Wednesday, January 17th. Two investment analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $245.14.

UnitedHealth Group Inc (NYSE UNH) opened at $225.43 on Friday. The firm has a market cap of $218,140.00, a P/E ratio of 23.73, a price-to-earnings-growth ratio of 1.32 and a beta of 0.74. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.73 and a current ratio of 0.73. UnitedHealth Group Inc has a 12-month low of $162.74 and a 12-month high of $250.79.

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

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Friday, March 9th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $3.00 dividend on an annualized basis and a yield of 1.33%. UnitedHealth Group’s dividend payout ratio (DPR) is 31.58%.

In other UnitedHealth Group news, Director William C. Ballard, Jr. sold 10,000 shares of UnitedHealth Group stock in a transaction that occurred on Tuesday, January 23rd. The shares were sold at an average price of $246.38, for a total transaction of $2,463,800.00. Following the transaction, the director now directly owns 76,637 shares of the company’s stock, valued at $18,881,824.06. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Larry C. Renfro sold 22,598 shares of UnitedHealth Group 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 directly owns 195,314 shares in the company, valued at $43,310,879.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 53,196 shares of company stock worth $12,291,179. 0.89% of the stock is currently owned by corporate insiders.

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UnitedHealth Group Company 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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