Three Seasons Wealth LLC Makes New Investment in UnitedHealth Group Incorporated (NYSE:UNH)

Three Seasons Wealth LLC bought a new position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,293 shares of the healthcare conglomerate's stock, valued at approximately $1,160,000.

A number of other hedge funds have also modified their holdings of the business. NewSquare Capital LLC purchased a new stake in shares of UnitedHealth Group in the fourth quarter valued at about $25,000. Hurley Capital LLC acquired a new stake in shares of UnitedHealth Group during the 4th quarter worth approximately $28,000. AlphaMark Advisors LLC purchased a new position in UnitedHealth Group in the fourth quarter worth approximately $30,000. Aster Capital Management DIFC Ltd purchased a new stake in UnitedHealth Group in the fourth quarter valued at $30,000. Finally, Promus Capital LLC acquired a new stake in shares of UnitedHealth Group during the 4th quarter worth about $32,000. 87.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UNH has been the subject of a number of recent analyst reports. Argus cut shares of UnitedHealth Group from a "buy" rating to a "hold" rating in a research report on Monday, April 21st. Erste Group Bank raised UnitedHealth Group to a "strong-buy" rating in a research report on Wednesday, April 16th. JPMorgan Chase & Co. dropped their price objective on UnitedHealth Group from $652.00 to $525.00 and set an "overweight" rating for the company in a research note on Thursday. Truist Financial dropped their target price on UnitedHealth Group from $660.00 to $580.00 and set a "buy" rating for the company in a research report on Monday, April 21st. Finally, Hsbc Global Res downgraded shares of UnitedHealth Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $603.05.

UnitedHealth Group Stock Performance

Shares of UNH stock traded down $6.05 during trading hours on Friday, hitting $418.20. The stock had a trading volume of 9,255,934 shares, compared to its average volume of 4,482,211. The stock's 50 day moving average is $503.28 and its 200 day moving average is $534.62. The firm has a market capitalization of $380.66 billion, a PE ratio of 26.98, a PEG ratio of 1.37 and a beta of 0.61. UnitedHealth Group Incorporated has a twelve month low of $412.02 and a twelve month high of $630.73. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91.

UnitedHealth Group (NYSE:UNH - Get Free Report) last announced its earnings results on Thursday, April 17th. The healthcare conglomerate reported $7.20 EPS for the quarter, missing analysts' consensus estimates of $7.29 by ($0.09). The business had revenue of $109.58 billion during the quarter, compared to analysts' expectations of $111.56 billion. UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. During the same period in the previous year, the company posted $6.91 earnings per share. As a group, research analysts forecast that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were issued a dividend of $2.10 per share. This represents a $8.40 annualized dividend and a dividend yield of 2.01%. The ex-dividend date was Monday, March 10th. UnitedHealth Group's dividend payout ratio is presently 35.18%.

UnitedHealth Group Company Profile

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.