King Luther Capital Administration Corp raised its holdings in shares of UnitedHealth Group Integrated (NYSE:UNH – Free Report) by 5.6% throughout the 2nd quarter, in accordance with the corporate in its most up-to-date 13F submitting with the Securities and Trade Fee (SEC). The institutional investor owned 179,068 shares of the healthcare conglomerate’s inventory after buying an extra 9,477 shares throughout the quarter. King Luther Capital Administration Corp’s holdings in UnitedHealth Group have been price $91,192,000 on the finish of the newest quarter.
Different hedge funds have additionally made adjustments to their positions within the firm. Swedbank AB acquired a brand new stake in shares of UnitedHealth Group throughout the 1st quarter valued at $1,117,462,000. Mitsubishi UFJ Asset Administration Co. Ltd. boosted its place in UnitedHealth Group by 107.8% throughout the first quarter. Mitsubishi UFJ Asset Administration Co. Ltd. now owns 2,306,729 shares of the healthcare conglomerate’s inventory valued at $1,141,113,000 after buying an extra 1,196,758 shares over the last quarter. Dimensional Fund Advisors LP raised its stake in shares of UnitedHealth Group by 30.0% throughout the 2nd quarter. Dimensional Fund Advisors LP now owns 3,816,254 shares of the healthcare conglomerate’s inventory price $1,942,956,000 after buying an extra 880,183 shares within the final quarter. Baillie Gifford & Co. grew its stake in shares of UnitedHealth Group by 1,125.4% within the 2nd quarter. Baillie Gifford & Co. now owns 894,006 shares of the healthcare conglomerate’s inventory valued at $455,281,000 after shopping for an extra 821,050 shares within the final quarter. Lastly, Public Workers Retirement Affiliation of Colorado raised its place in UnitedHealth Group by 3,464.9% throughout the fourth quarter. Public Workers Retirement Affiliation of Colorado now owns 825,311 shares of the healthcare conglomerate’s inventory valued at $434,501,000 after buying an extra 802,160 shares within the final quarter. 87.86% of the inventory is owned by hedge funds and different institutional traders.
Insider Shopping for and Promoting
In different UnitedHealth Group information, EVP Erin Mcsweeney bought 1,500 shares of the enterprise’s inventory in a transaction dated Thursday, July 18th. The inventory was bought at a mean worth of $579.03, for a complete transaction of $868,545.00. Following the completion of the sale, the chief vice chairman now instantly owns 7,785 shares of the corporate’s inventory, valued at roughly $4,507,748.55. The sale was disclosed in a doc filed with the Securities & Trade Fee, which is accessible by way of the SEC web site. In different information, EVP Erin Mcsweeney bought 1,500 shares of the inventory in a transaction on Thursday, July 18th. The inventory was bought at a mean worth of $579.03, for a complete worth of $868,545.00. Following the transaction, the chief vice chairman now owns 7,785 shares of the corporate’s inventory, valued at roughly $4,507,748.55. The transaction was disclosed in a doc filed with the SEC, which is accessible by way of the SEC web site. Additionally, CAO Thomas E. Roos bought 2,851 shares of the corporate’s inventory in a transaction dated Wednesday, July seventeenth. The shares have been bought at a mean worth of $569.88, for a complete worth of $1,624,727.88. Following the completion of the sale, the chief accounting officer now owns 29,501 shares of the corporate’s inventory, valued at roughly $16,812,029.88. The disclosure for this sale could be discovered right here. 0.33% of the inventory is presently owned by company insiders.
Wall Road Analyst Weigh In
UNH has been the subject of a variety of latest analysis reviews. Robert W. Baird raised their worth goal on shares of UnitedHealth Group from $597.00 to $640.00 and gave the corporate an “outperform” score in a report on Wednesday, July seventeenth. JPMorgan Chase & Co. upped their worth goal on shares of UnitedHealth Group from $546.00 to $559.00 and gave the inventory an “chubby” score in a report on Thursday, Could thirtieth. Royal Financial institution of Canada upped their worth goal on shares of UnitedHealth Group from $555.00 to $615.00 and gave the corporate an “outperform” score in a report on Wednesday, July seventeenth. Morgan Stanley boosted their worth goal on UnitedHealth Group from $595.00 to $615.00 and gave the inventory an “chubby” score in a analysis report on Wednesday, July seventeenth. Lastly, StockNews.com raised UnitedHealth Group from a “maintain” score to a “purchase” score in a analysis report on Tuesday. One analyst has rated the inventory with a maintain score, nineteen have issued a purchase score and one has issued a robust purchase score to the inventory. Based mostly on information from MarketBeat, the inventory presently has a consensus score of “Purchase” and a consensus goal worth of $614.17.
UnitedHealth Group Inventory Down 0.6 %
Shares of NYSE:UNH opened at $577.10 on Friday. UnitedHealth Group Integrated has a 52 week low of $436.38 and a 52 week excessive of $607.94. The corporate has a market capitalization of $532.91 billion, a PE ratio of 35.28, a P/E/G ratio of 1.64 and a beta of 0.58. The corporate’s fifty day transferring common is $575.84 and its 200-day transferring common is $519.83. The corporate has a debt-to-equity ratio of 0.67, a fast ratio of 0.88 and a present ratio of 0.88.
UnitedHealth Group (NYSE:UNH – Get Free Report) final posted its earnings outcomes on Tuesday, July sixteenth. The healthcare conglomerate reported $6.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.66 by $0.14. UnitedHealth Group had a internet margin of three.66% and a return on fairness of 26.55%. The corporate had income of $98.86 billion throughout the quarter, in comparison with analysts’ expectations of $98.73 billion. Throughout the identical quarter within the earlier yr, the corporate posted $6.14 earnings per share. UnitedHealth Group’s quarterly income was up 6.4% in comparison with the identical quarter final yr. Equities analysis analysts predict that UnitedHealth Group Integrated will submit 27.69 earnings per share for the present fiscal yr.
UnitedHealth Group Proclaims Dividend
The enterprise additionally not too long ago disclosed a quarterly dividend, which will probably be paid on Tuesday, September twenty fourth. Shareholders of document on Monday, September sixteenth will probably be issued a dividend of $2.10 per share. This represents a $8.40 dividend on an annualized foundation and a yield of 1.46%. The ex-dividend date is Monday, September sixteenth. UnitedHealth Group’s dividend payout ratio is presently 51.34%.
About UnitedHealth Group
UnitedHealth Group Integrated operates as a diversified well being care firm in the USA. The corporate operates by way of 4 segments: UnitedHealthcare, Optum Well being, Optum Perception, and Optum Rx. The UnitedHealthcare section provides consumer-oriented well being profit plans and providers for nationwide employers, public sector employers, mid-sized employers, small companies, and people; well being care protection, and well being and well-being providers to people age 50 and older addressing their wants; Medicaid plans, kids’s medical insurance and well being care packages; and well being and dental advantages, and hospital and medical providers, in addition to well being care advantages services and products to state packages caring for the economically deprived, medically underserved, and people with out the good thing about employer-funded well being care protection.
Beneficial Tales
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