UnitedHealth Group Incorporated (NYSE:UNH) Shares Sold by Main Street Financial Solutions LLC

Main Street Financial Solutions LLC trimmed its position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 23.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,648 shares of the healthcare conglomerate's stock after selling 507 shares during the period. Main Street Financial Solutions LLC's holdings in UnitedHealth Group were worth $834,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in UNH. Stenger Family Office LLC bought a new position in UnitedHealth Group during the fourth quarter valued at about $4,932,000. Lifelong Wealth Advisors Inc. purchased a new stake in UnitedHealth Group in the 4th quarter worth approximately $317,000. Acorns Advisers LLC grew its stake in shares of UnitedHealth Group by 31.5% in the 4th quarter. Acorns Advisers LLC now owns 468 shares of the healthcare conglomerate's stock valued at $237,000 after buying an additional 112 shares in the last quarter. Operose Advisors LLC increased its position in UnitedHealth Group by 39.7% during the fourth quarter. Operose Advisors LLC now owns 1,573 shares of the healthcare conglomerate's stock worth $796,000 after buying an additional 447 shares during the last quarter. Finally, United Capital Financial Advisors LLC lifted its stake in shares of UnitedHealth Group by 0.6% in the fourth quarter. United Capital Financial Advisors LLC now owns 73,746 shares of the healthcare conglomerate's stock worth $37,305,000 after buying an additional 447 shares during the last quarter. 87.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Hsbc Global Res upgraded shares of UnitedHealth Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 10th. Piper Sandler decreased their price objective on UnitedHealth Group from $605.00 to $600.00 and set an "overweight" rating on the stock in a report on Thursday, January 2nd. KeyCorp restated an "overweight" rating and issued a $650.00 price target on shares of UnitedHealth Group in a research report on Friday, January 17th. Wells Fargo & Company lowered their price objective on shares of UnitedHealth Group from $694.00 to $660.00 and set an "overweight" rating for the company in a research report on Tuesday, January 28th. Finally, HSBC upgraded 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. Twenty-one investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $632.85.

UnitedHealth Group Stock Performance

UNH stock traded down $128.94 on Friday, hitting $456.10. The company had a trading volume of 29,048,929 shares, compared to its average volume of 4,373,443. UnitedHealth Group Incorporated has a 12-month low of $438.50 and a 12-month high of $630.73. The stock has a market cap of $417.20 billion, a price-to-earnings ratio of 29.43, a P/E/G ratio of 1.37 and a beta of 0.61. The company has a current ratio of 0.83, a quick ratio of 0.91 and a debt-to-equity ratio of 0.74. The stock's 50-day simple moving average is $512.95 and its 200 day simple moving average is $540.65.

UnitedHealth Group (NYSE:UNH - Get Free Report) last posted 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). UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The firm had revenue of $109.58 billion during the quarter, compared to analysts' expectations of $111.56 billion. During the same quarter in the prior year, the firm posted $6.91 earnings per share. As a group, equities research analysts expect that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were issued a dividend of $2.10 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $8.40 annualized dividend and a dividend yield of 1.84%. UnitedHealth Group's dividend payout ratio (DPR) is currently 54.19%.

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.