UnitedHealth Group Incorporated (NYSE:UNH) Holdings Boosted by Border to Coast Pensions Partnership Ltd

Border to Coast Pensions Partnership Ltd grew its stake in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 4.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 141,265 shares of the healthcare conglomerate's stock after purchasing an additional 6,026 shares during the period. UnitedHealth Group makes up approximately 1.7% of Border to Coast Pensions Partnership Ltd's portfolio, making the stock its 13th biggest holding. Border to Coast Pensions Partnership Ltd's holdings in UnitedHealth Group were worth $82,354,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. purchased a new stake in shares of UnitedHealth Group in the third quarter valued at approximately $27,000. Macroview Investment Management LLC lifted its stake in shares of UnitedHealth Group by 671.4% in the second quarter. Macroview Investment Management LLC now owns 54 shares of the healthcare conglomerate's stock valued at $28,000 after purchasing an additional 47 shares during the period. Delos Wealth Advisors LLC grew its position in UnitedHealth Group by 757.1% during the first quarter. Delos Wealth Advisors LLC now owns 60 shares of the healthcare conglomerate's stock worth $30,000 after buying an additional 53 shares during the period. Bbjs Financial Advisors LLC acquired a new stake in shares of UnitedHealth Group during the 2nd quarter valued at approximately $31,000. Finally, Global Wealth Strategies & Associates grew its holdings in shares of UnitedHealth Group by 152.4% in the 3rd quarter. Global Wealth Strategies & Associates now owns 53 shares of the healthcare conglomerate's stock worth $31,000 after acquiring an additional 32 shares during the period. 87.86% of the stock is currently owned by hedge funds and other institutional investors.

UnitedHealth Group Stock Up 0.3 %

NYSE:UNH traded up $1.85 on Monday, reaching $571.46. The stock had a trading volume of 3,017,641 shares, compared to its average volume of 3,961,813. The company has a current ratio of 0.91, a quick ratio of 0.88 and a debt-to-equity ratio of 0.74. UnitedHealth Group Incorporated has a 12-month low of $436.38 and a 12-month high of $608.63. The company has a 50-day moving average of $584.42 and a 200 day moving average of $534.68. The stock has a market cap of $527.70 billion, a P/E ratio of 37.11, a price-to-earnings-growth ratio of 1.67 and a beta of 0.58.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its earnings results on Tuesday, October 15th. The healthcare conglomerate reported $7.15 EPS for the quarter, beating the consensus estimate of $7.00 by $0.15. The company had revenue of $100.82 billion during the quarter, compared to analysts' expectations of $99.14 billion. UnitedHealth Group had a return on equity of 26.37% and a net margin of 3.63%. The business's revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the business posted $6.56 EPS. On average, research analysts predict that UnitedHealth Group Incorporated will post 27.61 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Monday, September 16th were issued a dividend of $2.10 per share. This represents a $8.40 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend was Monday, September 16th. UnitedHealth Group's dividend payout ratio is presently 54.72%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Stephens dropped their price target on UnitedHealth Group from $632.00 to $605.00 and set an "overweight" rating for the company in a research report on Wednesday, October 16th. HSBC lowered shares of UnitedHealth Group from a "buy" rating to a "hold" rating in a research report on Thursday. Hsbc Global Res lowered UnitedHealth Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday. Robert W. Baird boosted their price target on UnitedHealth Group from $597.00 to $640.00 and gave the stock an "outperform" rating in a report on Wednesday, July 17th. Finally, Argus boosted their target price on shares of UnitedHealth Group from $570.00 to $600.00 and gave the company a "buy" rating in a research note on Wednesday, July 17th. Three research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, UnitedHealth Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $615.58.

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.