Carroll Investors Inc Increases Stock Holdings in UnitedHealth Group Incorporated (NYSE:UNH)

Carroll Investors Inc increased its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 174.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,273 shares of the healthcare conglomerate's stock after purchasing an additional 809 shares during the quarter. UnitedHealth Group accounts for 0.4% of Carroll Investors Inc's holdings, making the stock its 21st biggest holding. Carroll Investors Inc's holdings in UnitedHealth Group were worth $646,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. NewSquare Capital LLC bought a new stake in shares of UnitedHealth Group during the fourth quarter worth $25,000. Hurley Capital LLC purchased a new stake in UnitedHealth Group in the 4th quarter valued at about $28,000. Aster Capital Management DIFC Ltd purchased a new position in shares of UnitedHealth Group during the fourth quarter worth approximately $30,000. AlphaMark Advisors LLC purchased a new stake in shares of UnitedHealth Group in the fourth quarter valued at approximately $30,000. Finally, Promus Capital LLC purchased a new position in UnitedHealth Group during the 4th quarter worth $32,000. 87.86% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Wells Fargo & Company lowered their price target on shares of UnitedHealth Group from $694.00 to $660.00 and set an "overweight" rating for the company in a research report on Tuesday, January 28th. Barclays cut their price target on UnitedHealth Group from $655.00 to $642.00 and set an "overweight" rating on the stock in a report on Friday, January 17th. StockNews.com upgraded shares of UnitedHealth Group from a "hold" rating to a "buy" rating in a report on Thursday, January 23rd. Truist Financial boosted their price objective on shares of UnitedHealth Group from $610.00 to $660.00 and gave the stock a "buy" rating in a research note on Friday, April 11th. Finally, Mizuho lifted their price target on shares of UnitedHealth Group from $600.00 to $650.00 and gave the stock an "outperform" rating in a report on Wednesday, April 9th. Twenty-one investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $632.85.

UnitedHealth Group Stock Performance

Shares of UNH traded down $128.94 during trading hours on Friday, hitting $456.10. The stock had a trading volume of 29,048,929 shares, compared to its average volume of 4,391,399. The firm has a market capitalization of $417.20 billion, a price-to-earnings ratio of 29.43, a PEG 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. The firm has a 50-day moving average price of $514.51 and a 200 day moving average price of $541.53. UnitedHealth Group Incorporated has a fifty-two week low of $438.50 and a fifty-two week high of $630.73.

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

UnitedHealth Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were issued a dividend of $2.10 per share. This represents a $8.40 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date of this dividend was Monday, March 10th. UnitedHealth Group's payout ratio 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.