MSH Capital Advisors LLC Makes New Investment in UnitedHealth Group Incorporated (NYSE:UNH)

MSH Capital Advisors LLC purchased a new position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 942 shares of the healthcare conglomerate's stock, valued at approximately $476,000.

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on UNH shares. 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. StockNews.com upgraded UnitedHealth Group from a "hold" rating to a "buy" rating in a research note on Thursday, January 23rd. HSBC raised shares of UnitedHealth Group from a "hold" rating to a "buy" rating and set a $595.00 price objective on the stock in a research note on Friday, January 10th. Barclays lowered their price target on UnitedHealth Group from $655.00 to $642.00 and set an "overweight" rating for the company in a research report on Friday, January 17th. Finally, Truist Financial upped their price objective on UnitedHealth Group from $610.00 to $660.00 and gave the company a "buy" rating in a research report on Friday, April 11th. Twenty-one investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, UnitedHealth Group presently has an average rating of "Buy" and a consensus price target of $632.85.

UnitedHealth Group Price Performance

Shares of NYSE UNH traded down $128.94 during mid-day trading on Friday, reaching $456.10. The company's stock had a trading volume of 29,048,929 shares, compared to its average volume of 4,373,443. The firm has a market capitalization of $417.20 billion, a PE ratio of 29.43, a P/E/G ratio of 1.37 and a beta of 0.61. UnitedHealth Group Incorporated has a 52 week low of $438.50 and a 52 week 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. The stock has a fifty day moving average of $512.95 and a two-hundred day moving average of $540.65.

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

UnitedHealth Group Announces Dividend

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

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.