Motley Fool Asset Management LLC Increases Position in UnitedHealth Group Incorporated (NYSE:UNH)

Motley Fool Asset Management LLC lifted its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,546 shares of the healthcare conglomerate's stock after purchasing an additional 940 shares during the period. UnitedHealth Group accounts for 1.1% of Motley Fool Asset Management LLC's investment portfolio, making the stock its 20th biggest holding. Motley Fool Asset Management LLC's holdings in UnitedHealth Group were worth $21,522,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. World Investment Advisors lifted its stake in shares of UnitedHealth Group by 7.8% during the 4th quarter. World Investment Advisors now owns 44,800 shares of the healthcare conglomerate's stock valued at $22,662,000 after buying an additional 3,225 shares in the last quarter. Disciplined Investors L.L.C. purchased a new stake in shares of UnitedHealth Group during the fourth quarter worth $684,000. SevenBridge Financial Group LLC grew its position in shares of UnitedHealth Group by 15.3% in the fourth quarter. SevenBridge Financial Group LLC now owns 8,222 shares of the healthcare conglomerate's stock valued at $4,390,000 after purchasing an additional 1,092 shares in the last quarter. OneAscent Financial Services LLC lifted its holdings in UnitedHealth Group by 48.7% during the 4th quarter. OneAscent Financial Services LLC now owns 4,800 shares of the healthcare conglomerate's stock worth $2,428,000 after purchasing an additional 1,572 shares in the last quarter. Finally, Cinctive Capital Management LP grew its holdings in UnitedHealth Group by 44.2% during the 4th quarter. Cinctive Capital Management LP now owns 8,925 shares of the healthcare conglomerate's stock valued at $4,515,000 after buying an additional 2,736 shares in the last quarter. Hedge funds and other institutional investors own 87.86% of the company's stock.

Remove Ads

Insider Activity at UnitedHealth Group

In other news, Director Timothy Patrick Flynn bought 1,000 shares of the firm's stock in a transaction dated Friday, January 17th. The stock was purchased at an average price of $511.57 per share, with a total value of $511,570.00. Following the transaction, the director now owns 4,500 shares of the company's stock, valued at approximately $2,302,065. The trade was a 28.57 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.33% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. KeyCorp reaffirmed an "overweight" rating and set a $650.00 price objective on shares of UnitedHealth Group in a research note on Friday, January 17th. Truist Financial reduced their price target on shares of UnitedHealth Group from $625.00 to $610.00 and set a "buy" rating for the company in a research report on Monday, January 6th. Wells Fargo & Company dropped their price objective on UnitedHealth Group from $694.00 to $660.00 and set an "overweight" rating for the company in a research note on Tuesday, January 28th. Hsbc Global Res upgraded UnitedHealth Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 10th. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $700.00 price objective on shares of UnitedHealth Group in a research report on Friday, January 17th. Twenty analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, UnitedHealth Group has a consensus rating of "Buy" and a consensus target price of $629.32.

UnitedHealth Group Trading Down 2.9 %

UNH traded down $15.50 during trading on Friday, hitting $524.94. 9,914,705 shares of the stock traded hands, compared to its average volume of 4,265,629. The firm has a 50-day moving average of $509.39 and a 200 day moving average of $542.82. UnitedHealth Group Incorporated has a 12-month low of $436.38 and a 12-month high of $630.73. The firm has a market capitalization of $480.17 billion, a P/E ratio of 33.87, a price-to-earnings-growth ratio of 1.37 and a beta of 0.62. 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 released its quarterly earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 EPS for the quarter, beating analysts' consensus estimates of $6.74 by $0.07. UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The business 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 company posted $5.83 EPS. UnitedHealth Group's quarterly revenue was up 6.8% compared to the same quarter last year. Equities research analysts anticipate that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were given a $2.10 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $8.40 annualized dividend and a dividend yield of 1.60%. UnitedHealth Group's dividend payout ratio is 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.