First Capital Advisors Group LLC. lowered its stake in UnitedHealth Group Inc (NYSE:UNH) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,589 shares of the healthcare conglomerate’s stock after selling 70 shares during the period. First Capital Advisors Group LLC.’s holdings in UnitedHealth Group were worth $396,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in UNH. Crewe Advisors LLC purchased a new position in UnitedHealth Group during the 4th quarter valued at about $25,000. Ipswich Investment Management Co. Inc. purchased a new position in UnitedHealth Group during the 4th quarter valued at about $40,000. OLD Second National Bank of Aurora increased its holdings in UnitedHealth Group by 70.0% during the 4th quarter. OLD Second National Bank of Aurora now owns 170 shares of the healthcare conglomerate’s stock valued at $42,000 after purchasing an additional 70 shares during the period. Contravisory Investment Management Inc. increased its holdings in UnitedHealth Group by 172.1% during the 4th quarter. Contravisory Investment Management Inc. now owns 185 shares of the healthcare conglomerate’s stock valued at $46,000 after purchasing an additional 117 shares during the period. Finally, Evolution Wealth Advisors LLC purchased a new position in UnitedHealth Group during the 4th quarter valued at about $76,000. Hedge funds and other institutional investors own 85.80% of the company’s stock.
A number of research analysts recently issued reports on the company. Zacks Investment Research upgraded UnitedHealth Group from a “hold” rating to a “buy” rating and set a $305.00 price target on the stock in a report on Friday, December 14th. BMO Capital Markets set a $310.00 target price on UnitedHealth Group and gave the stock a “buy” rating in a report on Tuesday, November 27th. ValuEngine downgraded UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 27th. Raymond James set a $310.00 target price on UnitedHealth Group and gave the stock a “buy” rating in a report on Wednesday, November 28th. Finally, Piper Jaffray Companies upped their target price on UnitedHealth Group to $312.00 and gave the stock an “overweight” rating in a report on Wednesday, November 28th. Two analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $297.80.
Shares of UNH opened at $251.40 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. UnitedHealth Group Inc has a 52 week low of $212.49 and a 52 week high of $287.94. The company has a market capitalization of $243.06 billion, a PE ratio of 19.52, a P/E/G ratio of 1.26 and a beta of 0.79.
UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings results on Tuesday, January 15th. The healthcare conglomerate reported $3.28 EPS for the quarter, topping analysts’ consensus estimates of $3.20 by $0.08. UnitedHealth Group had a return on equity of 24.38% and a net margin of 5.30%. The firm had revenue of $58.42 billion for the quarter, compared to analysts’ expectations of $58.01 billion. During the same period in the previous year, the firm posted $2.59 EPS. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. As a group, analysts forecast that UnitedHealth Group Inc will post 14.62 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 19th. Stockholders of record on Monday, March 11th will be given a $0.90 dividend. The ex-dividend date is Friday, March 8th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.43%. UnitedHealth Group’s dividend payout ratio is currently 27.95%.
UnitedHealth Group Company Profile
UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older, addressing their needs for preventive and acute health care services, as well as services dealing with chronic disease and other specialized issues for older individuals; and Medicaid plans, Children's Health Insurance Program, and health care programs; and health and dental benefits.
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