Tredje AP fonden Has $171.97 Million Stock Holdings in UnitedHealth Group Incorporated (NYSE:UNH)

Tredje AP fonden lifted its position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 339,948 shares of the healthcare conglomerate's stock after acquiring an additional 19,866 shares during the quarter. UnitedHealth Group makes up about 1.5% of Tredje AP fonden's investment portfolio, making the stock its 12th largest position. Tredje AP fonden's holdings in UnitedHealth Group were worth $171,966,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of UnitedHealth Group by 14.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 28,360 shares of the healthcare conglomerate's stock worth $14,346,000 after acquiring an additional 3,507 shares during the last quarter. Rakuten Securities Inc. increased its holdings in UnitedHealth Group by 298.5% in the fourth quarter. Rakuten Securities Inc. now owns 542 shares of the healthcare conglomerate's stock valued at $274,000 after purchasing an additional 406 shares during the last quarter. Avantax Advisory Services Inc. increased its holdings in UnitedHealth Group by 0.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 67,950 shares of the healthcare conglomerate's stock valued at $34,373,000 after purchasing an additional 315 shares during the last quarter. Hopwood Financial Services Inc. bought a new stake in UnitedHealth Group in the fourth quarter valued at about $298,000. Finally, Farther Finance Advisors LLC increased its holdings in UnitedHealth Group by 0.5% in the fourth quarter. Farther Finance Advisors LLC now owns 12,598 shares of the healthcare conglomerate's stock valued at $6,373,000 after purchasing an additional 67 shares during the last quarter. Institutional investors own 87.86% of the company's stock.

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Insider Transactions at UnitedHealth Group

In related news, Director Timothy Patrick Flynn acquired 1,000 shares of the stock in a transaction on Friday, January 17th. The shares were purchased at an average price of $511.57 per share, for a total transaction of $511,570.00. Following the purchase, the director now directly owns 4,500 shares in the company, valued at approximately $2,302,065. The trade was a 28.57 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.33% of the stock is owned by corporate insiders.

UnitedHealth Group Stock Performance

Shares of UNH traded down $0.32 during mid-day trading on Thursday, reaching $480.79. The company's stock had a trading volume of 2,876,610 shares, compared to its average volume of 4,922,227. UnitedHealth Group Incorporated has a 1-year low of $436.38 and a 1-year high of $630.73. The stock has a market cap of $439.78 billion, a P/E ratio of 31.02, a PEG ratio of 1.37 and a beta of 0.62. The business has a 50-day simple moving average of $511.85 and a two-hundred day simple moving average of $551.01. The company has a current ratio of 0.83, a quick ratio of 0.91 and a debt-to-equity ratio of 0.74.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its quarterly earnings data on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share (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 company had revenue of $100.81 billion during the quarter, compared to analysts' expectations of $101.60 billion. During the same period last year, the firm posted $5.83 earnings per share. The business's revenue was up 6.8% on a year-over-year basis. As a group, equities research 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 will be paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th will be paid a dividend of $2.10 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $8.40 dividend on an annualized basis and a dividend yield of 1.75%. UnitedHealth Group's dividend payout ratio (DPR) is currently 54.19%.

Wall Street Analyst Weigh In

UNH has been the subject of a number of recent analyst reports. Stephens upped their price objective on UnitedHealth Group from $605.00 to $675.00 and gave the company an "overweight" rating in a report on Thursday, December 5th. Hsbc Global Res upgraded UnitedHealth Group from a "hold" rating to a "strong-buy" rating in a report on Friday, January 10th. Deutsche Bank Aktiengesellschaft increased their price target on UnitedHealth Group from $595.00 to $625.00 and gave the stock a "buy" rating in a report on Tuesday, December 3rd. Cantor Fitzgerald restated an "overweight" rating and issued a $700.00 price target on shares of UnitedHealth Group in a report on Friday, January 17th. Finally, StockNews.com upgraded UnitedHealth Group from a "hold" rating to a "buy" rating in a report on Thursday, January 23rd. One research analyst has rated the stock with a hold rating, twenty have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $629.32.

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.