Rep. Rick Larsen Sells UnitedHealth Group Incorporated (NYSE:UNH) Shares

Representative Rick Larsen (D-Washington) recently sold shares of UnitedHealth Group Incorporated NYSE: UNH. In a filing disclosed on January 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in UnitedHealth Group stock on January 7th.

Representative Rick Larsen also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Cintas NASDAQ: CTAS on 1/7/2025.
• Sold $1,001 - $15,000 in shares of Booz Allen Hamilton NYSE: BAH on 1/7/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 1/7/2025.
• Sold $1,001 - $15,000 in shares of Comcast NASDAQ: CMCSA on 1/7/2025.
• Purchased $1,001 - $15,000 in shares of Broadridge Financial Solutions NYSE: BR on 1/7/2025.
• Purchased $1,001 - $15,000 in shares of Verisk Analytics NASDAQ: VRSK on 1/7/2025.
• Sold $1,001 - $15,000 in shares of General Dynamics NYSE: GD on 1/7/2025.

UnitedHealth Group Trading Down 6.0 %

Shares of NYSE:UNH traded down $32.40 during trading hours on Thursday, hitting $511.02. 9,051,952 shares of the company's stock traded hands, compared to its average volume of 4,883,091. UnitedHealth Group Incorporated has a 1 year low of $436.38 and a 1 year high of $630.73. The firm has a market capitalization of $470.28 billion, a P/E ratio of 33.29, a price-to-earnings-growth ratio of 1.42 and a beta of 0.62. The business has a fifty day moving average price of $553.38 and a 200-day moving average price of $562.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.91 and a quick ratio of 0.91.

UnitedHealth Group (NYSE:UNH - Get Free Report) last announced its earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 EPS for the quarter, topping analysts' consensus estimates of $6.74 by $0.07. The business had revenue of $100.81 billion during the quarter, compared to the consensus estimate of $101.60 billion. UnitedHealth Group had a net margin of 3.63% and a return on equity of 26.37%. The firm's revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $5.83 earnings per share. Equities analysts expect that UnitedHealth Group Incorporated will post 27.6 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were issued a $2.10 dividend. This represents a $8.40 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date was Monday, December 9th. UnitedHealth Group's dividend payout ratio (DPR) is 54.72%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. International Assets Investment Management LLC grew its holdings in UnitedHealth Group by 78,814.4% in the 3rd quarter. International Assets Investment Management LLC now owns 5,296,737 shares of the healthcare conglomerate's stock valued at $3,096,896,000 after buying an additional 5,290,025 shares in the last quarter. Lone Pine Capital LLC acquired a new stake in UnitedHealth Group during the second quarter worth about $480,903,000. Dimensional Fund Advisors LP boosted its holdings in UnitedHealth Group by 30.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,816,254 shares of the healthcare conglomerate's stock valued at $1,942,956,000 after purchasing an additional 880,183 shares during the last quarter. Accredited Investors Inc. increased its holdings in shares of UnitedHealth Group by 9,235.4% during the 3rd quarter. Accredited Investors Inc. now owns 784,924 shares of the healthcare conglomerate's stock worth $458,929,000 after buying an additional 776,516 shares during the last quarter. Finally, Raymond James & Associates grew its position in UnitedHealth Group by 33.1% in the third quarter. Raymond James & Associates now owns 2,361,396 shares of the healthcare conglomerate's stock worth $1,380,661,000 after acquiring an additional 587,088 shares during the period. 87.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UNH has been the topic of several recent research reports. Barclays upped their price objective on shares of UnitedHealth Group from $603.00 to $655.00 and gave the company an "overweight" rating in a report on Wednesday, November 27th. Hsbc Global Res upgraded UnitedHealth Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 10th. StockNews.com downgraded UnitedHealth Group from a "buy" rating to a "hold" rating in a report on Wednesday. Cantor Fitzgerald boosted their target price on shares of UnitedHealth Group from $591.00 to $644.00 and gave the company an "overweight" rating in a research note on Wednesday, October 16th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of UnitedHealth Group from $595.00 to $625.00 and gave the stock a "buy" rating in a research report on Tuesday, December 3rd. Two equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $626.79.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington's 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2025. Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington's 2nd Congressional District. He declared candidacy for the primary scheduled on August 6, 2024. Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure. Larsen's first position as an elected official was in 1998 as a member of the Snohomish County Council. Larsen earned his bachelor's degree from Pacific Lutheran University. After earning his master's degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

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.