Delta Investment Management LLC Has $3.55 Million Stock Position in UnitedHealth Group Incorporated $UNH

Delta Investment Management LLC boosted its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNHFree Report) by 1.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,782 shares of the healthcare conglomerate’s stock after buying an additional 86 shares during the period. Delta Investment Management LLC’s holdings in UnitedHealth Group were worth $3,552,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Silvant Capital Management LLC lifted its holdings in shares of UnitedHealth Group by 0.3% in the first quarter. Silvant Capital Management LLC now owns 61,442 shares of the healthcare conglomerate’s stock valued at $32,180,000 after purchasing an additional 179 shares in the last quarter. Ieq Capital LLC lifted its stake in UnitedHealth Group by 57.9% during the 1st quarter. Ieq Capital LLC now owns 87,056 shares of the healthcare conglomerate’s stock valued at $45,595,000 after acquiring an additional 31,914 shares in the last quarter. TCM Advisors LLC grew its stake in shares of UnitedHealth Group by 20.9% in the 1st quarter. TCM Advisors LLC now owns 1,733 shares of the healthcare conglomerate’s stock worth $908,000 after acquiring an additional 300 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. raised its holdings in shares of UnitedHealth Group by 30.0% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 650 shares of the healthcare conglomerate’s stock valued at $340,000 after purchasing an additional 150 shares during the last quarter. Finally, Redwood Investment Management LLC boosted its holdings in UnitedHealth Group by 147.6% during the first quarter. Redwood Investment Management LLC now owns 3,407 shares of the healthcare conglomerate’s stock worth $1,784,000 after purchasing an additional 2,031 shares during the last quarter. Institutional investors and hedge funds own 87.86% of the company’s stock.

UnitedHealth Group Price Performance

Shares of NYSE UNH opened at $299.90 on Wednesday. The stock has a fifty day moving average of $288.15 and a 200-day moving average of $385.39. The stock has a market cap of $271.61 billion, a PE ratio of 12.99, a price-to-earnings-growth ratio of 1.97 and a beta of 0.43. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.85 and a current ratio of 0.85. UnitedHealth Group Incorporated has a fifty-two week low of $234.60 and a fifty-two week high of $630.73.

UnitedHealth Group (NYSE:UNHGet Free Report) last posted its earnings results on Tuesday, July 29th. The healthcare conglomerate reported $4.08 earnings per share for the quarter, missing analysts’ consensus estimates of $4.45 by ($0.37). The firm had revenue of $111.62 billion for the quarter, compared to the consensus estimate of $111.75 billion. UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.The business’s revenue was up 12.9% on a year-over-year basis. During the same period last year, the company posted $6.80 EPS. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. Equities research analysts anticipate that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Monday, September 15th will be given a dividend of $2.21 per share. The ex-dividend date is Monday, September 15th. This represents a $8.84 annualized dividend and a dividend yield of 2.9%. UnitedHealth Group’s dividend payout ratio (DPR) is 38.30%.

Insider Buying and Selling

In other UnitedHealth Group news, CEO Patrick Hugh Conway sold 589 shares of the firm’s stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $305.00, for a total transaction of $179,645.00. Following the sale, the chief executive officer owned 10,398 shares in the company, valued at $3,171,390. This trade represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.28% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

UNH has been the topic of a number of recent analyst reports. Wolfe Research dropped their price target on UnitedHealth Group from $501.00 to $390.00 and set an “outperform” rating on the stock in a report on Tuesday, May 20th. Bank of America boosted their price target on shares of UnitedHealth Group from $290.00 to $325.00 and gave the stock a “neutral” rating in a report on Monday, August 18th. TD Cowen lowered shares of UnitedHealth Group from a “buy” rating to a “hold” rating and set a $308.00 price objective on the stock. in a research report on Monday, May 19th. Hsbc Global Res downgraded shares of UnitedHealth Group from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, May 21st. Finally, Mizuho dropped their price objective on UnitedHealth Group from $515.00 to $350.00 and set an “outperform” rating on the stock in a research note on Friday, May 16th. Fifteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $353.00.

Check Out Our Latest Stock Analysis on UNH

About UnitedHealth Group

(Free Report)

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.

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

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