UnitedHealth Group Incorporated (NYSE:UNH) is Kentucky Retirement Systems Insurance Trust Fund's 7th Largest Position

Kentucky Retirement Systems Insurance Trust Fund lifted its position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 30.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,652 shares of the healthcare conglomerate's stock after purchasing an additional 8,312 shares during the period. UnitedHealth Group accounts for about 1.6% of Kentucky Retirement Systems Insurance Trust Fund's holdings, making the stock its 7th biggest position. Kentucky Retirement Systems Insurance Trust Fund's holdings in UnitedHealth Group were worth $18,035,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Genesee Capital Advisors LLC boosted its stake in UnitedHealth Group by 1.9% in the third quarter. Genesee Capital Advisors LLC now owns 990 shares of the healthcare conglomerate's stock valued at $579,000 after acquiring an additional 18 shares during the last quarter. Jmac Enterprises LLC boosted its stake in UnitedHealth Group by 2.2% in the third quarter. Jmac Enterprises LLC now owns 823 shares of the healthcare conglomerate's stock valued at $481,000 after acquiring an additional 18 shares during the last quarter. Wallace Capital Management Inc. boosted its stake in UnitedHealth Group by 0.9% in the third quarter. Wallace Capital Management Inc. now owns 2,119 shares of the healthcare conglomerate's stock valued at $1,239,000 after acquiring an additional 19 shares during the last quarter. Western Pacific Wealth Management LP boosted its stake in UnitedHealth Group by 2.2% in the fourth quarter. Western Pacific Wealth Management LP now owns 902 shares of the healthcare conglomerate's stock valued at $456,000 after acquiring an additional 19 shares during the last quarter. Finally, JNBA Financial Advisors boosted its stake in UnitedHealth Group by 0.4% in the third quarter. JNBA Financial Advisors now owns 4,686 shares of the healthcare conglomerate's stock valued at $2,740,000 after acquiring an additional 20 shares during the last quarter. 87.86% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on the stock. KeyCorp restated an "overweight" rating and set a $650.00 price target on shares of UnitedHealth Group in a research note on Friday, January 17th. Oppenheimer upped their price target on shares of UnitedHealth Group from $610.00 to $640.00 and gave the company an "outperform" rating in a research note on Friday, December 6th. Stephens upped their price target on shares of UnitedHealth Group from $605.00 to $675.00 and gave the company an "overweight" rating in a research note on Thursday, December 5th. Hsbc Global Res upgraded shares of UnitedHealth Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 10th. Finally, Barclays dropped their price target on shares of UnitedHealth Group from $655.00 to $642.00 and set an "overweight" rating on the stock in a research note on Friday, January 17th. One research analyst has rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $629.32.

UnitedHealth Group Price Performance

Shares of NYSE:UNH traded down $36.84 during trading on Friday, reaching $465.58. The company had a trading volume of 19,847,353 shares, compared to its average volume of 4,805,500. The company has a fifty day moving average of $519.27 and a two-hundred day moving average of $560.54. The stock has a market capitalization of $428.46 billion, a P/E ratio of 30.04, a price-to-earnings-growth ratio of 1.40 and a beta of 0.61. UnitedHealth Group Incorporated has a 12 month low of $436.38 and a 12 month high of $630.73. The company has a current ratio of 0.83, a quick ratio of 0.91 and a debt-to-equity ratio of 0.74.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its earnings results 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 net margin of 3.60% and a return on equity of 26.69%. The company had revenue of $100.81 billion for the quarter, compared to analyst estimates of $101.60 billion. During the same quarter last year, the firm earned $5.83 EPS. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. Equities research analysts forecast that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

Insider Activity at UnitedHealth Group

In other news, Director Timothy Patrick Flynn purchased 1,000 shares of the company's stock in a transaction on Friday, January 17th. The stock was acquired at an average price of $511.57 per share, with a total value of $511,570.00. Following the transaction, the director now directly owns 4,500 shares of the company's stock, valued at approximately $2,302,065. This represents a 28.57 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.33% of the stock is owned by insiders.

UnitedHealth Group 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.