Delaney Dennis R Buys 925 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Delaney Dennis R lifted its position in UnitedHealth Group Incorporated (NYSE:UNHFree Report) by 13.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,051 shares of the healthcare conglomerate’s stock after purchasing an additional 925 shares during the quarter. UnitedHealth Group comprises approximately 2.5% of Delaney Dennis R’s portfolio, making the stock its 21st largest holding. Delaney Dennis R’s holdings in UnitedHealth Group were worth $4,239,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in UNH. Norges Bank bought a new position in shares of UnitedHealth Group during the fourth quarter valued at about $5,802,231,000. International Assets Investment Management LLC raised its stake in shares of UnitedHealth Group by 53,573.1% during the fourth quarter. International Assets Investment Management LLC now owns 2,352,490 shares of the healthcare conglomerate’s stock valued at $1,238,515,000 after acquiring an additional 2,348,107 shares during the last quarter. Jennison Associates LLC raised its stake in shares of UnitedHealth Group by 49.3% during the fourth quarter. Jennison Associates LLC now owns 3,617,813 shares of the healthcare conglomerate’s stock valued at $1,904,670,000 after acquiring an additional 1,195,352 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of UnitedHealth Group by 35.9% during the fourth quarter. California Public Employees Retirement System now owns 3,090,986 shares of the healthcare conglomerate’s stock valued at $1,627,311,000 after acquiring an additional 815,822 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado raised its stake in shares of UnitedHealth Group by 3,464.9% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 825,311 shares of the healthcare conglomerate’s stock valued at $434,501,000 after acquiring an additional 802,160 shares during the last quarter. 87.86% of the stock is currently owned by hedge funds and other institutional investors.

UnitedHealth Group Stock Performance

UNH stock traded down $11.23 on Friday, hitting $490.69. The company had a trading volume of 3,416,349 shares, compared to its average volume of 3,176,139. UnitedHealth Group Incorporated has a 12-month low of $436.38 and a 12-month high of $554.70. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.69. The stock’s 50-day simple moving average is $490.35 and its 200 day simple moving average is $508.04. The stock has a market cap of $451.63 billion, a price-to-earnings ratio of 29.98, a P/E/G ratio of 1.46 and a beta of 0.58.

UnitedHealth Group (NYSE:UNHGet Free Report) last issued its quarterly earnings results on Tuesday, April 16th. The healthcare conglomerate reported $6.91 earnings per share for the quarter, topping the consensus estimate of $6.63 by $0.28. The business had revenue of $99.80 billion for the quarter, compared to analysts’ expectations of $99.23 billion. UnitedHealth Group had a net margin of 4.05% and a return on equity of 26.50%. The company’s revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the company posted $6.26 EPS. As a group, equities research analysts expect that UnitedHealth Group Incorporated will post 27.57 earnings per share for the current fiscal year.

UnitedHealth Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 25th. Stockholders of record on Monday, June 17th will be given a dividend of $2.10 per share. This represents a $8.40 annualized dividend and a dividend yield of 1.71%. This is an increase from UnitedHealth Group’s previous quarterly dividend of $1.88. The ex-dividend date is Friday, June 14th. UnitedHealth Group’s dividend payout ratio (DPR) is presently 45.97%.

Analyst Upgrades and Downgrades

UNH has been the subject of a number of research reports. HSBC raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $580.00 price target for the company in a research note on Wednesday. TD Cowen decreased their price target on shares of UnitedHealth Group from $607.00 to $546.00 and set a “buy” rating for the company in a research note on Wednesday, April 10th. Robert W. Baird assumed coverage on shares of UnitedHealth Group in a research note on Thursday, May 30th. They issued an “outperform” rating and a $597.00 price target for the company. StockNews.com downgraded shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Friday, May 31st. Finally, Barclays raised their target price on shares of UnitedHealth Group from $534.00 to $560.00 and gave the company an “overweight” rating in a research note on Wednesday, April 17th. Three equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $578.75.

View Our Latest Report on UnitedHealth Group

About UnitedHealth Group

(Free Report)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. 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; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

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

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