1,491 Shares in UnitedHealth Group Incorporated (NYSE:UNH) Purchased by Antonelli Financial Advisors LLC

Antonelli Financial Advisors LLC bought a new position in shares of UnitedHealth Group Incorporated (NYSE:UNH) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,491 shares of the healthcare conglomerate’s stock, valued at approximately $754,000. UnitedHealth Group accounts for approximately 0.6% of Antonelli Financial Advisors LLC’s holdings, making the stock its 26th biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in UNH. Semanteon Capital Management LP increased its stake in UnitedHealth Group by 419.5% during the 4th quarter. Semanteon Capital Management LP now owns 2,452 shares of the healthcare conglomerate’s stock worth $1,240,000 after buying an additional 1,980 shares in the last quarter. Lowe Brockenbrough & Co. Inc. raised its stake in UnitedHealth Group by 0.8% in the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 23,193 shares of the healthcare conglomerate’s stock valued at $11,732,000 after purchasing an additional 195 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in UnitedHealth Group by 1.6% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 45,088 shares of the healthcare conglomerate’s stock worth $22,808,000 after purchasing an additional 729 shares during the last quarter. Holderness Investments Co. raised its position in shares of UnitedHealth Group by 3.4% in the fourth quarter. Holderness Investments Co. now owns 10,080 shares of the healthcare conglomerate’s stock valued at $5,099,000 after buying an additional 334 shares during the last quarter. Finally, Whittier Trust Co. boosted its position in UnitedHealth Group by 1.4% during the fourth quarter. Whittier Trust Co. now owns 91,213 shares of the healthcare conglomerate’s stock worth $46,140,000 after acquiring an additional 1,226 shares during the last quarter. Institutional investors and hedge funds own 87.86% of the company’s stock.

UnitedHealth Group Stock Performance

Shares of UNH stock opened at $512.30 on Friday. The stock has a market capitalization of $468.61 billion, a PE ratio of 33.05, a P/E/G ratio of 1.37 and a beta of 0.62. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. UnitedHealth Group Incorporated has a 52 week low of $436.38 and a 52 week high of $630.73. The firm has a 50 day moving average of $510.24 and a two-hundred day moving average of $547.97.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings results 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 for the quarter, compared to analyst estimates of $101.60 billion. During the same quarter last year, the company earned $5.83 EPS. UnitedHealth Group’s revenue for the quarter was up 6.8% compared to the same quarter last year. On average, research analysts predict that UnitedHealth Group Incorporated will post 29.54 EPS for the current fiscal year.

UnitedHealth Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Monday, March 10th were paid a $2.10 dividend. This represents a $8.40 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend was Monday, March 10th. UnitedHealth Group’s dividend payout ratio is currently 54.19%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on UNH shares. Hsbc Global Res upgraded UnitedHealth Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 10th. Wells Fargo & Company dropped their target price on UnitedHealth Group from $694.00 to $660.00 and set an “overweight” rating for the company in a report on Tuesday, January 28th. Truist Financial dropped their price objective on shares of UnitedHealth Group from $625.00 to $610.00 and set a “buy” rating for the company in a report on Monday, January 6th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of UnitedHealth Group from $595.00 to $625.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Finally, Stephens lifted their price target on shares of UnitedHealth Group from $605.00 to $675.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. Twenty investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $629.32.

Insider Activity at UnitedHealth Group

In other UnitedHealth Group news, Director Timothy Patrick Flynn bought 1,000 shares of UnitedHealth Group stock in a transaction dated Friday, January 17th. The stock was acquired at an average cost of $511.57 per share, with a total value of $511,570.00. Following the completion of the acquisition, the director now owns 4,500 shares of the company’s stock, valued at approximately $2,302,065. This represents a 28.57 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.33% of the stock is owned by insiders.

About UnitedHealth Group

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.