UnitedHealth Group Incorporated (NYSE:UNH) Shares Purchased by Keystone Financial Group

Keystone Financial Group lifted its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 16.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,644 shares of the healthcare conglomerate’s stock after acquiring an additional 382 shares during the quarter. Keystone Financial Group’s holdings in UnitedHealth Group were worth $1,343,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Savvy Advisors Inc. grew its position in UnitedHealth Group by 31.4% in the fourth quarter. Savvy Advisors Inc. now owns 4,352 shares of the healthcare conglomerate’s stock valued at $2,202,000 after acquiring an additional 1,040 shares in the last quarter. Stamos Capital Partners L.P. grew its holdings in UnitedHealth Group by 17.2% during the 4th quarter. Stamos Capital Partners L.P. now owns 9,950 shares of the healthcare conglomerate’s stock valued at $5,033,000 after purchasing an additional 1,460 shares in the last quarter. Sanders Capital LLC lifted its holdings in UnitedHealth Group by 1.2% in the 4th quarter. Sanders Capital LLC now owns 5,258,593 shares of the healthcare conglomerate’s stock worth $2,660,112,000 after buying an additional 61,991 shares in the last quarter. Brogan Financial Inc. grew its stake in shares of UnitedHealth Group by 7.2% during the fourth quarter. Brogan Financial Inc. now owns 792 shares of the healthcare conglomerate’s stock valued at $401,000 after acquiring an additional 53 shares in the last quarter. Finally, BTG Pactual Asset Management US LLC lifted its stake in shares of UnitedHealth Group by 19.9% in the fourth quarter. BTG Pactual Asset Management US LLC now owns 3,673 shares of the healthcare conglomerate’s stock worth $1,858,000 after acquiring an additional 609 shares in the last quarter. 87.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

UNH has been the subject of several research analyst reports. Truist Financial increased their target price on UnitedHealth Group from $610.00 to $660.00 and gave the company a “buy” rating in a research note on Friday. Mizuho increased their price target on shares of UnitedHealth Group from $600.00 to $650.00 and gave the stock an “outperform” rating in a research report on Wednesday. Hsbc Global Res raised UnitedHealth Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 10th. KeyCorp reissued an “overweight” rating and set a $650.00 price target on shares of UnitedHealth Group in a research report on Friday, January 17th. Finally, Piper Sandler lowered their target price on shares of UnitedHealth Group from $605.00 to $600.00 and set an “overweight” rating for the company in a research note on Thursday, January 2nd. Twenty-one investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $632.85.

Insider Buying and Selling

In related news, Director Timothy Patrick Flynn acquired 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 purchase, the director now directly owns 4,500 shares in the company, valued at $2,302,065. The trade was a 28.57 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.33% of the stock is currently owned by insiders.

UnitedHealth Group Stock Performance

UNH stock opened at $599.10 on Friday. The company has a market capitalization of $548.00 billion, a P/E ratio of 38.65, a PEG ratio of 1.37 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. The company has a 50-day simple moving average of $512.87 and a 200 day simple moving average of $542.03. UnitedHealth Group Incorporated has a fifty-two week low of $436.38 and a fifty-two week high of $630.73.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings data on Thursday, January 16th. The healthcare conglomerate reported $6.81 EPS for the quarter, beating analysts’ consensus estimates of $6.74 by $0.07. UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. The business had revenue of $100.81 billion for the quarter, compared to analyst estimates of $101.60 billion. During the same quarter last year, the business earned $5.83 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. Sell-side analysts predict that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were paid a $2.10 dividend. The ex-dividend date was Monday, March 10th. This represents a $8.40 annualized dividend and a dividend yield of 1.40%. UnitedHealth Group’s dividend payout ratio is currently 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.