UnitedHealth Group Incorporated (UNH) Holdings Maintained by CNH Partners LLC

CNH Partners LLC held its stake in UnitedHealth Group Incorporated (NYSE:UNH) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,042 shares of the healthcare conglomerate’s stock at the close of the second quarter. CNH Partners LLC’s holdings in UnitedHealth Group were worth $379,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the stock. BlackRock Inc. lifted its holdings in shares of UnitedHealth Group by 1.2% in the 2nd quarter. BlackRock Inc. now owns 69,430,416 shares of the healthcare conglomerate’s stock valued at $12,873,786,000 after acquiring an additional 796,654 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of UnitedHealth Group by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 64,578,618 shares of the healthcare conglomerate’s stock valued at $11,974,168,000 after acquiring an additional 1,588,516 shares during the last quarter. FMR LLC lifted its holdings in shares of UnitedHealth Group by 2.1% in the 2nd quarter. FMR LLC now owns 56,101,668 shares of the healthcare conglomerate’s stock valued at $10,402,371,000 after acquiring an additional 1,168,324 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in shares of UnitedHealth Group by 2.3% in the 2nd quarter. Alliancebernstein L.P. now owns 7,906,936 shares of the healthcare conglomerate’s stock valued at $1,466,104,000 after acquiring an additional 174,290 shares during the last quarter. Finally, TIAA CREF Investment Management LLC lifted its stake in UnitedHealth Group by 3.9% in the second quarter. TIAA CREF Investment Management LLC now owns 5,882,427 shares of the healthcare conglomerate’s stock worth $1,090,720,000 after purchasing an additional 223,524 shares during the last quarter. 86.20% of the stock is owned by hedge funds and other institutional investors.

UNH has been the subject of several analyst reports. ValuEngine raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Cantor Fitzgerald raised their price objective on shares of UnitedHealth Group to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 18th. Credit Suisse Group initiated coverage on shares of UnitedHealth Group in a research note on Thursday, November 2nd. They issued an “outperform” rating and a $233.00 price objective for the company. UBS reissued an “overweight” rating on shares of UnitedHealth Group in a research note on Thursday, August 24th. Finally, Zacks Investment Research downgraded shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Three research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $224.56.

UnitedHealth Group Incorporated (UNH) traded down $1.14 during trading on Tuesday, hitting $222.77. 1,599,400 shares of the stock traded hands, compared to its average volume of 3,104,130. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.52. UnitedHealth Group Incorporated has a 1 year low of $156.09 and a 1 year high of $231.77. The company has a market capitalization of $216,983.91, a P/E ratio of 23.32, a PEG ratio of 1.66 and a beta of 0.66.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings results on Tuesday, October 17th. The healthcare conglomerate reported $2.66 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.57 by $0.09. UnitedHealth Group had a net margin of 4.50% and a return on equity of 21.52%. The firm had revenue of $50.32 billion during the quarter, compared to the consensus estimate of $50.38 billion. During the same quarter in the previous year, the firm posted $2.17 earnings per share. The company’s revenue was up 8.7% on a year-over-year basis. research analysts expect that UnitedHealth Group Incorporated will post 9.99 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Friday, December 1st will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Thursday, November 30th. UnitedHealth Group’s dividend payout ratio is presently 33.26%.

In related news, Director Kenneth Irwin Shine sold 457 shares of UnitedHealth Group stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $211.03, for a total transaction of $96,440.71. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Thomas E. Roos sold 975 shares of UnitedHealth Group stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of $205.47, for a total transaction of $200,333.25. Following the transaction, the insider now directly owns 24,630 shares in the company, valued at $5,060,726.10. The disclosure for this sale can be found here. Insiders have sold 62,606 shares of company stock valued at $12,677,525 in the last ninety days. Insiders own 0.89% of the company’s stock.

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UnitedHealth Group Company Profile

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

Institutional Ownership by Quarter for UnitedHealth Group (NYSE:UNH)

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