Umpqua Financial institution grew its place in UnitedHealth Group Integrated (NYSE:UNH – Free Report) by 3.5% within the 2nd quarter, in line with the corporate in its most up-to-date 13F submitting with the Securities and Trade Fee (SEC). The agency owned 5,412 shares of the healthcare conglomerate’s inventory after shopping for an extra 184 shares throughout the interval. UnitedHealth Group accounts for about 1.1% of Umpqua Financial institution’s funding portfolio, making the inventory its twentieth largest place. Umpqua Financial institution’s holdings in UnitedHealth Group had been price $2,756,000 on the finish of the latest quarter.
A number of different institutional traders have additionally lately made modifications to their positions within the firm. Macroview Funding Administration LLC raised its place in UnitedHealth Group by 671.4% within the second quarter. Macroview Funding Administration LLC now owns 54 shares of the healthcare conglomerate’s inventory valued at $28,000 after buying an extra 47 shares throughout the interval. Delos Wealth Advisors LLC raised its holdings in UnitedHealth Group by 757.1% within the 1st quarter. Delos Wealth Advisors LLC now owns 60 shares of the healthcare conglomerate’s inventory valued at $30,000 after shopping for an extra 53 shares throughout the interval. True Wealth Design LLC bought a brand new place in UnitedHealth Group throughout the fourth quarter price about $31,000. Bbjs Monetary Advisors LLC bought a brand new stake in shares of UnitedHealth Group within the 2nd quarter valued at roughly $31,000. Lastly, Signature Assets Capital Administration LLC boosted its place in shares of UnitedHealth Group by 40.0% throughout the 2nd quarter. Signature Assets Capital Administration LLC now owns 63 shares of the healthcare conglomerate’s inventory price $32,000 after buying an extra 18 shares throughout the interval. Hedge funds and different institutional traders personal 87.86% of the corporate’s inventory.
UnitedHealth Group Inventory Up 0.2 %
Shares of NYSE:UNH opened at $596.88 on Friday. The agency has a 50 day easy shifting common of $558.98 and a 200-day easy shifting common of $515.11. UnitedHealth Group Integrated has a twelve month low of $436.38 and a twelve month excessive of $607.94. The corporate has a present ratio of 0.88, a fast ratio of 0.88 and a debt-to-equity ratio of 0.67. The corporate has a market capitalization of $549.36 billion, a PE ratio of 36.48, a P/E/G ratio of 1.68 and a beta of 0.58.
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 for the quarter, beating the consensus estimate of $6.66 by $0.14. The enterprise had income of $98.86 billion throughout the quarter, in comparison with the consensus estimate of $98.73 billion. UnitedHealth Group had a return on fairness of 26.55% and a internet margin of three.66%. The enterprise’s quarterly income was up 6.4% on a year-over-year foundation. Throughout the identical interval within the earlier 12 months, the enterprise earned $6.14 EPS. On common, equities analysts predict that UnitedHealth Group Integrated will put up 27.69 EPS for the present fiscal 12 months.
UnitedHealth Group Declares Dividend
The agency additionally lately disclosed a quarterly dividend, which will likely be paid on Tuesday, September twenty fourth. Shareholders of document on Monday, September sixteenth will likely be given a dividend of $2.10 per share. This represents a $8.40 annualized dividend and a yield of 1.41%. The ex-dividend date is Monday, September sixteenth. UnitedHealth Group’s payout ratio is at the moment 51.34%.
Analyst Rankings Adjustments
A number of analysis analysts have lately commented on UNH shares. Cantor Fitzgerald restated an “chubby” ranking and set a $591.00 worth goal on shares of UnitedHealth Group in a analysis report on Monday, August nineteenth. Jefferies Monetary Group raised UnitedHealth Group from a “maintain” ranking to a “purchase” ranking and lifted their goal worth for the corporate from $481.00 to $647.00 in a analysis report on Wednesday, July seventeenth. Truist Monetary raised their worth goal on shares of UnitedHealth Group from $600.00 to $640.00 and gave the corporate a “purchase” ranking in a analysis word on Wednesday, July seventeenth. Wells Fargo & Firm raised their worth goal on shares of UnitedHealth Group from $525.00 to $630.00 and gave the corporate an “chubby” ranking in a analysis report on Wednesday, July seventeenth. Lastly, TD Cowen elevated their worth goal on UnitedHealth Group from $546.00 to $601.00 and gave the corporate a “purchase” ranking in a analysis word on Wednesday, July seventeenth. One analyst has rated the inventory with a maintain ranking, nineteen have assigned a purchase ranking and one has assigned a powerful purchase ranking to the corporate. In accordance with MarketBeat, the inventory presently has a median ranking of “Purchase” and a median worth goal of $614.17.
Learn Our Newest Inventory Report on UNH
Insider Exercise
In associated information, CAO Thomas E. Roos offered 2,851 shares of the enterprise’s inventory in a transaction dated Wednesday, July seventeenth. The inventory was offered at a median worth of $569.88, for a complete worth of $1,624,727.88. Following the transaction, the chief accounting officer now owns 29,501 shares within the firm, valued at roughly $16,812,029.88. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible by means of this hyperlink. In associated information, EVP Erin Mcsweeney offered 1,500 shares of the agency’s inventory in a transaction dated Thursday, July 18th. The shares had been offered at a median worth of $579.03, for a complete worth of $868,545.00. Following the completion of the sale, the chief vice chairman now owns 7,785 shares within the firm, valued at $4,507,748.55. The sale was disclosed in a authorized submitting with the SEC, which is offered by means of the SEC web site. Additionally, CAO Thomas E. Roos offered 2,851 shares of the inventory in a transaction dated Wednesday, July seventeenth. The shares had been offered at a median worth of $569.88, for a complete transaction of $1,624,727.88. Following the completion of the transaction, the chief accounting officer now immediately owns 29,501 shares of the corporate’s inventory, valued at $16,812,029.88. The disclosure for this sale may be discovered right here. Company insiders personal 0.33% of the corporate’s inventory.
UnitedHealth Group Firm Profile
UnitedHealth Group Integrated operates as a diversified well being care firm in america. The corporate operates by means of 4 segments: UnitedHealthcare, Optum Well being, Optum Perception, and Optum Rx. The UnitedHealthcare phase gives 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, youngsters’s medical insurance and well being care applications; and well being and dental advantages, and hospital and medical providers, in addition to well being care advantages services to state applications caring for the economically deprived, medically underserved, and people with out the advantage of employer-funded well being care protection.
Featured Tales
Need to see what different hedge funds are holding UNH? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for UnitedHealth Group Integrated (NYSE:UNH – Free Report).
Obtain Information & Rankings for UnitedHealth Group Every day – Enter your e mail deal with beneath to obtain a concise every day abstract of the most recent information and analysts’ scores for UnitedHealth Group and associated firms with MarketBeat.com’s FREE every day e mail e-newsletter.
