Householder Group Estate & Retirement Specialist LLC Sells 2,042 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Householder Group Estate & Retirement Specialist LLC lessened its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 92.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 159 shares of the healthcare conglomerate’s stock after selling 2,042 shares during the period. Householder Group Estate & Retirement Specialist LLC’s holdings in UnitedHealth Group were worth $80,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Chemistry Wealth Management LLC raised its stake in shares of UnitedHealth Group by 0.8% during the fourth quarter. Chemistry Wealth Management LLC now owns 7,609 shares of the healthcare conglomerate’s stock valued at $3,849,000 after acquiring an additional 61 shares in the last quarter. CNB Bank raised its stake in shares of UnitedHealth Group by 3.7% during the fourth quarter. CNB Bank now owns 4,870 shares of the healthcare conglomerate’s stock valued at $2,464,000 after acquiring an additional 173 shares in the last quarter. Saxon Interests Inc. raised its stake in shares of UnitedHealth Group by 49.4% during the fourth quarter. Saxon Interests Inc. now owns 3,437 shares of the healthcare conglomerate’s stock valued at $1,738,000 after acquiring an additional 1,136 shares in the last quarter. Avanza Fonder AB purchased a new position in UnitedHealth Group during the fourth quarter valued at approximately $40,861,000. Finally, Procyon Advisors LLC increased its holdings in UnitedHealth Group by 13.3% during the fourth quarter. Procyon Advisors LLC now owns 23,701 shares of the healthcare conglomerate’s stock valued at $11,989,000 after buying an additional 2,780 shares during the period. Institutional investors own 87.86% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Oppenheimer lifted their price objective on shares of UnitedHealth Group from $610.00 to $640.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Truist Financial cut their price objective on shares of UnitedHealth Group from $625.00 to $610.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Stephens lifted their price objective on shares of UnitedHealth Group from $605.00 to $675.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. TD Cowen lifted their price target on shares of UnitedHealth Group from $601.00 to $609.00 and gave the stock a “buy” rating in a report on Friday, October 18th. Finally, HSBC raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $595.00 price target on the stock in a report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, UnitedHealth Group has a consensus rating of “Buy” and a consensus price target of $627.74.

UnitedHealth Group Trading Down 0.1 %

NYSE UNH opened at $510.03 on Friday. The company has a market capitalization of $469.37 billion, a PE ratio of 33.23, a P/E/G ratio of 1.42 and a beta of 0.62. The company has a fifty day moving average of $549.37 and a 200 day moving average of $562.73. UnitedHealth Group Incorporated has a 1 year low of $436.38 and a 1 year high of $630.73. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.91 and a quick ratio of 0.91.

UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings data on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share for the quarter, topping analysts’ consensus estimates of $6.74 by $0.07. The business had revenue of $100.81 billion during the quarter, compared to the consensus estimate of $101.60 billion. UnitedHealth Group had a net margin of 3.63% and a return on equity of 26.37%. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.83 earnings per share. Research analysts forecast that UnitedHealth Group Incorporated will post 27.6 earnings per share for the current year.

UnitedHealth Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Monday, December 9th were given a $2.10 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $8.40 dividend on an annualized basis and a dividend yield of 1.65%. UnitedHealth Group’s dividend payout ratio (DPR) is currently 54.72%.

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.