Strategic Wealth Investment Group LLC Trims Stock Position in UnitedHealth Group Incorporated (NYSE:UNH)

Strategic Wealth Investment Group LLC lessened its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 8.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,523 shares of the healthcare conglomerate’s stock after selling 1,392 shares during the quarter. UnitedHealth Group accounts for about 0.8% of Strategic Wealth Investment Group LLC’s portfolio, making the stock its 25th largest holding. Strategic Wealth Investment Group LLC’s holdings in UnitedHealth Group were worth $7,853,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of UNH. Foundations Investment Advisors LLC raised its holdings in shares of UnitedHealth Group by 16.5% during the fourth quarter. Foundations Investment Advisors LLC now owns 56,265 shares of the healthcare conglomerate’s stock valued at $28,462,000 after acquiring an additional 7,961 shares during the last quarter. Heartland Bank & Trust Co raised its stake in UnitedHealth Group by 20.2% in the 4th quarter. Heartland Bank & Trust Co now owns 3,209 shares of the healthcare conglomerate’s stock valued at $1,623,000 after purchasing an additional 539 shares during the last quarter. James Hambro & Partners LLP grew its holdings in shares of UnitedHealth Group by 1.5% during the fourth quarter. James Hambro & Partners LLP now owns 230,858 shares of the healthcare conglomerate’s stock worth $116,917,000 after buying an additional 3,434 shares in the last quarter. Curran Financial Partners LLC lifted its stake in shares of UnitedHealth Group by 24.5% in the fourth quarter. Curran Financial Partners LLC now owns 727 shares of the healthcare conglomerate’s stock worth $368,000 after buying an additional 143 shares in the last quarter. Finally, Parkside Investments LLC raised its holdings in UnitedHealth Group by 5.6% in the 4th quarter. Parkside Investments LLC now owns 1,477 shares of the healthcare conglomerate’s stock valued at $747,000 after acquiring an additional 78 shares during the last quarter. 87.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Timothy Patrick Flynn purchased 1,000 shares of the stock in a transaction that occurred on 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 acquisition, the director now owns 4,500 shares in the company, valued at approximately $2,302,065. This trade represents a 28.57 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on UNH. Cantor Fitzgerald reissued an “overweight” rating and issued a $700.00 price objective on shares of UnitedHealth Group in a report on Friday, January 17th. UBS Group cut their price target on shares of UnitedHealth Group from $680.00 to $650.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. HSBC raised UnitedHealth Group from a “hold” rating to a “buy” rating and set a $595.00 target price for the company in a research note on Friday, January 10th. KeyCorp reiterated an “overweight” rating and set a $650.00 price target on shares of UnitedHealth Group in a report on Friday, January 17th. Finally, Royal Bank of Canada decreased their target price on shares of UnitedHealth Group from $615.00 to $595.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 16th. One investment analyst has rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $627.74.

UnitedHealth Group Trading Up 2.0 %

UnitedHealth Group stock opened at $543.41 on Tuesday. The stock has a market cap of $500.09 billion, a PE ratio of 35.06, a P/E/G ratio of 1.41 and a beta of 0.62. The company has a current ratio of 0.83, a quick ratio of 0.91 and a debt-to-equity ratio of 0.74. The stock has a 50-day moving average price of $541.04 and a 200 day moving average price of $564.79. UnitedHealth Group Incorporated has a 52 week low of $436.38 and a 52 week high of $630.73.

UnitedHealth Group (NYSE:UNH) last released its earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.07. UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The firm had revenue of $100.81 billion for the quarter, compared to the consensus estimate of $101.60 billion. During the same period in the prior year, the business posted $5.83 earnings per share. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. Equities research analysts predict that UnitedHealth Group Incorporated will post 29.74 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Monday, December 9th were given a dividend of $2.10 per share. The ex-dividend date was Monday, December 9th. This represents a $8.40 dividend on an annualized basis and a yield of 1.55%. UnitedHealth Group’s dividend payout ratio (DPR) is 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.