Senator Investment Group LP Acquires Shares of 75,000 UnitedHealth Group Incorporated (NYSE:UNH)

Senator Investment Group LP purchased a new position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 75,000 shares of the healthcare conglomerate's stock, valued at approximately $37,940,000.

Several other institutional investors have also recently made changes to their positions in the business. NewSquare Capital LLC acquired a new position in shares of UnitedHealth Group in the fourth quarter worth about $25,000. Hurley Capital LLC acquired a new position in shares of UnitedHealth Group during the 4th quarter worth approximately $28,000. AlphaMark Advisors LLC purchased a new position in UnitedHealth Group during the fourth quarter valued at $30,000. Aster Capital Management DIFC Ltd acquired a new position in shares of UnitedHealth Group during the fourth quarter valued at approximately $30,000. Finally, Promus Capital LLC acquired a new stake in UnitedHealth Group during the 4th quarter worth $32,000. Hedge funds and other institutional investors own 87.86% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UNH. Erste Group Bank upgraded shares of UnitedHealth Group to a "strong-buy" rating in a research report on Wednesday, April 16th. Hsbc Global Res lowered UnitedHealth Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Wells Fargo & Company lowered their price objective on UnitedHealth Group from $694.00 to $660.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 28th. JPMorgan Chase & Co. reduced their price target on UnitedHealth Group from $652.00 to $525.00 and set an "overweight" rating on the stock in a report on Thursday. Finally, Piper Sandler reduced their target price on shares of UnitedHealth Group from $605.00 to $600.00 and set an "overweight" rating on the stock in a research note on Thursday, January 2nd. Three analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $603.05.

UnitedHealth Group Stock Down 1.4 %

Shares of UNH traded down $5.94 during mid-day trading on Friday, hitting $418.31. 6,294,780 shares of the company's stock were exchanged, compared to its average volume of 4,463,734. UnitedHealth Group Incorporated has a fifty-two week low of $412.10 and a fifty-two week high of $630.73. The stock's 50-day moving average is $504.95 and its 200-day moving average is $536.14. The company has a market cap of $382.63 billion, a price-to-earnings ratio of 26.98, a P/E/G ratio of 1.37 and a beta of 0.61. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.83.

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

UnitedHealth Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were issued a $2.10 dividend. The ex-dividend date was Monday, March 10th. This represents a $8.40 annualized dividend and a yield of 2.01%. UnitedHealth Group's dividend payout ratio (DPR) is 35.18%.

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.