UnitedHealth Group Incorporated (NYSE:UNH) Shares Sold by GS Investments Inc.

GS Investments Inc. trimmed its position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 5.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,443 shares of the healthcare conglomerate's stock after selling 601 shares during the period. UnitedHealth Group makes up approximately 2.4% of GS Investments Inc.'s holdings, making the stock its 13th biggest holding. GS Investments Inc.'s holdings in UnitedHealth Group were worth $5,283,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Howard Capital Management Group LLC bought a new stake in UnitedHealth Group during the third quarter worth approximately $341,000. Principal Financial Group Inc. raised its holdings in UnitedHealth Group by 11.3% during the 3rd quarter. Principal Financial Group Inc. now owns 1,778,636 shares of the healthcare conglomerate's stock valued at $1,039,933,000 after buying an additional 180,479 shares during the period. BIP Wealth LLC boosted its stake in UnitedHealth Group by 51.0% during the third quarter. BIP Wealth LLC now owns 610 shares of the healthcare conglomerate's stock worth $357,000 after buying an additional 206 shares during the period. Segall Bryant & Hamill LLC raised its stake in shares of UnitedHealth Group by 53.3% in the third quarter. Segall Bryant & Hamill LLC now owns 87,219 shares of the healthcare conglomerate's stock valued at $50,995,000 after acquiring an additional 30,340 shares during the period. Finally, Strategy Asset Managers LLC boosted its stake in shares of UnitedHealth Group by 269.2% during the 3rd quarter. Strategy Asset Managers LLC now owns 9,755 shares of the healthcare conglomerate's stock worth $5,703,000 after purchasing an additional 7,113 shares during the period. 87.86% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling at UnitedHealth Group

In other news, Director Timothy Patrick Flynn acquired 1,000 shares of UnitedHealth Group stock in a transaction dated Friday, January 17th. The stock was purchased at an average cost of $511.57 per share, for a total transaction of $511,570.00. Following the completion of the purchase, the director now directly owns 4,500 shares in the company, valued at $2,302,065. This trade represents a 28.57 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.33% of the stock is currently owned by company insiders.

UnitedHealth Group Stock Up 0.0 %

Shares of UnitedHealth Group stock traded up $0.09 on Monday, reaching $516.94. The stock had a trading volume of 3,840,856 shares, compared to its average volume of 4,087,243. UnitedHealth Group Incorporated has a 1 year low of $436.38 and a 1 year high of $630.73. The company has a 50 day moving average price of $510.19 and a 200 day moving average price of $546.71. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $472.85 billion, a P/E ratio of 33.35, a P/E/G ratio of 1.37 and a beta of 0.62.

UnitedHealth Group (NYSE:UNH - Get Free Report) last issued its quarterly earnings data on Thursday, January 16th. The healthcare conglomerate reported $6.81 EPS for the quarter, beating the consensus estimate of $6.74 by $0.07. UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The firm had revenue of $100.81 billion during the quarter, compared to analyst estimates of $101.60 billion. During the same quarter in the prior year, the business posted $5.83 EPS. The business's revenue for the quarter was up 6.8% compared to the same quarter last year. As a group, equities research analysts forecast that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were paid a $2.10 dividend. This represents a $8.40 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date was Monday, March 10th. UnitedHealth Group's dividend payout ratio (DPR) is presently 54.19%.

Analysts Set New Price Targets

UNH has been the subject of several recent analyst reports. StockNews.com upgraded UnitedHealth Group from a "hold" rating to a "buy" rating in a research report on Thursday, January 23rd. Piper Sandler reduced their target price on UnitedHealth Group from $605.00 to $600.00 and set an "overweight" rating on the stock in a research note on Thursday, January 2nd. Deutsche Bank Aktiengesellschaft upped their price target on shares of UnitedHealth Group from $595.00 to $625.00 and gave the stock a "buy" rating in a report on Tuesday, December 3rd. HSBC raised shares of UnitedHealth Group from a "hold" rating to a "buy" rating and set a $595.00 price objective for the company in a research report on Friday, January 10th. Finally, Hsbc Global Res raised shares of UnitedHealth Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 10th. Twenty investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $629.32.

About UnitedHealth Group

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.