UnitedHealth Group Incorporated (NYSE:UNH) Shares Sold by Forsta AP Fonden

Forsta AP Fonden lowered its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 2.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 247,400 shares of the healthcare conglomerate’s stock after selling 7,000 shares during the period. UnitedHealth Group makes up approximately 0.9% of Forsta AP Fonden’s investment portfolio, making the stock its 15th largest position. Forsta AP Fonden’s holdings in UnitedHealth Group were worth $125,150,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Invst LLC increased its position in shares of UnitedHealth Group by 20.0% during the second quarter. Invst LLC now owns 1,510 shares of the healthcare conglomerate’s stock worth $747,000 after acquiring an additional 252 shares during the period. Quarry LP increased its holdings in UnitedHealth Group by 132.1% during the 2nd quarter. Quarry LP now owns 65 shares of the healthcare conglomerate’s stock worth $33,000 after purchasing an additional 37 shares during the period. Gateway Wealth Partners LLC boosted its stake in shares of UnitedHealth Group by 34.9% in the 2nd quarter. Gateway Wealth Partners LLC now owns 1,211 shares of the healthcare conglomerate’s stock valued at $617,000 after buying an additional 313 shares during the period. Pathway Financial Advisers LLC lifted its stake in UnitedHealth Group by 3.5% in the second quarter. Pathway Financial Advisers LLC now owns 6,718 shares of the healthcare conglomerate’s stock worth $3,372,000 after acquiring an additional 230 shares during the last quarter. Finally, Truist Financial Corp increased its position in shares of UnitedHealth Group by 46.7% in the 2nd quarter. Truist Financial Corp now owns 898,406 shares of the healthcare conglomerate’s stock valued at $457,522,000 after purchasing an additional 286,122 shares during the last quarter. Hedge funds and other institutional investors own 87.86% of the company’s stock.

Insider Buying and Selling at UnitedHealth Group

In related news, Director Timothy Patrick Flynn acquired 1,000 shares of UnitedHealth Group stock in a transaction dated Friday, January 17th. The shares were acquired at an average cost of $511.57 per share, for a total transaction of $511,570.00. Following the completion of the transaction, the director now directly owns 4,500 shares of the company’s stock, valued at $2,302,065. The trade was a 28.57 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.33% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on UNH. Deutsche Bank Aktiengesellschaft raised their price target on UnitedHealth Group from $595.00 to $625.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd. HSBC raised UnitedHealth Group from a “hold” rating to a “buy” rating and set a $595.00 price target for the company in a report on Friday, January 10th. UBS Group lowered their target price 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. Wells Fargo & Company reduced their price target on shares of UnitedHealth Group from $694.00 to $660.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, Barclays cut their target price on UnitedHealth Group from $655.00 to $642.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. One analyst has rated the stock with a hold rating, twenty have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, UnitedHealth Group has an average rating of “Buy” and a consensus price target of $629.32.

UnitedHealth Group Trading Down 0.2 %

NYSE:UNH opened at $542.52 on Wednesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.83. UnitedHealth Group Incorporated has a 1 year low of $436.38 and a 1 year high of $630.73. The stock has a market capitalization of $499.27 billion, a price-to-earnings ratio of 35.00, a PEG ratio of 1.41 and a beta of 0.62. The stock has a fifty day moving average price of $539.43 and a two-hundred day moving average price of $565.28.

UnitedHealth Group (NYSE:UNH) last issued 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. The company had revenue of $100.81 billion for the quarter, compared to analyst estimates of $101.60 billion. UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business posted $5.83 earnings per share. As a group, sell-side analysts anticipate that UnitedHealth Group Incorporated will post 29.74 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were paid a dividend of $2.10 per share. This represents a $8.40 annualized dividend and a dividend yield of 1.55%. The ex-dividend date was Monday, December 9th. UnitedHealth Group’s dividend payout ratio (DPR) is presently 54.19%.

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.