Nikulski Financial Inc. increased its position in shares of UnitedHealth Group Incorporated (NYSE: UNH – Get Rating) by 2.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,938 shares of the healthcare conglomerate’s stock after purchasing an additional 206 shares during the quarter. UnitedHealth Group accounts for about 2.1% of Nikulski Financial Inc.’s investment portfolio, making its stock its 13th largest holding. Nikulski Financial Inc.’s holdings in UnitedHealth Group were worth $ 5,068,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of UNH. Lincoln National Corp increased its holdings in shares of UnitedHealth Group by 15.1% during the fourth quarter. Lincoln National Corp now owns 8,951 shares of the healthcare conglomerate’s stock valued at $ 4,495,000 after purchasing an additional 1,174 shares during the period. YorkBridge Wealth Partners LLC increased its holdings in shares of UnitedHealth Group by 1.8% during the fourth quarter. YorkBridge Wealth Partners LLC now owns 15,296 shares of the healthcare conglomerate’s stock valued at $ 7,681,000 after purchasing an additional 272 shares during the period. Alexandria Capital LLC increased its holdings in shares of UnitedHealth Group by 3.5% during the third quarter. Alexandria Capital LLC now owns 17,100 shares of the healthcare conglomerate’s stock valued at $ 6,682,000 after purchasing an additional 584 shares during the period. BOKF NA grew its holdings in UnitedHealth Group by 3.0% during the fourth quarter. BOKF NA now owns 87,046 shares of the healthcare conglomerate’s stock worth $ 43,709,000 after acquiring an additional 2,546 shares during the period. Finally, First International Bank & Trust acquired a new position in UnitedHealth Group during the fourth quarter worth about $ 426,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities analysts recently weighed in on UNH shares. Cowen increased their price target on UnitedHealth Group from $ 512.00 to $ 596.00 in a research report on Monday, April 18th. StockNews.com started coverage on UnitedHealth Group in a research report on Thursday, March 31st. They issued a “strong-buy” rating for the company. Deutsche Bank Aktiengesellschaft increased their price target on UnitedHealth Group from $ 482.00 to $ 549.00 and gave the company a “buy” rating in a research report on Monday, April 18th. BMO Capital Markets raised their price objective on UnitedHealth Group from $ 510.00 to $ 600.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 19th. Finally, Loop Capital began coverage on UnitedHealth Group in a research report on Thursday. They set a “buy” rating and a $ 575.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $ 555.73.
In related news, Director Frederick William Mcnabb III purchased 89 shares of the firm’s stock in a transaction that occurred on Thursday, May 26th. The shares were acquired at an average price of $ 504.32 per share, with a total value of $ 44,884.48. Following the purchase, the director now directly owns 11,259 shares in the company, valued at $ 5,678,138.88. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard T. Burke sold 2,500 shares of the business’s stock in a transaction on Thursday, May 19th. The stock was sold at an average price of $ 478.96, for a total value of $ 1,197,400.00. Following the completion of the transaction, the director now directly owns 1,215,000 shares in the company, valued at approximately $ 581,936,400. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,000 shares of company stock worth $ 6,001,485. 0.40% of the stock is owned by insiders.
Shares of NYSE UNH opened at $ 452.06 on Monday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.54. The business’s 50 day moving average is $ 500.28 and its two-hundred day moving average is $ 490.92. The company has a market cap of $ 424.11 billion, a P / E ratio of 24.74, a P / E / G ratio of 1.41 and a beta of 0.83. UnitedHealth Group Incorporated has a 12 month low of $ 383.12 and a 12 month high of $ 553.29.
UnitedHealth Group (NYSE: UNH – Get Rating) last announced its quarterly earnings data on Thursday, April 14th. The healthcare conglomerate reported $ 5.49 earnings per share for the quarter, topping the estimate consensus of $ 5.40 by $ 0.09. UnitedHealth Group had a return on equity of 24.74% and a net margin of 5.86%. The company had revenue of $ 80.15 billion for the quarter, compared to analyst estimates of $ 78.77 billion. During the same quarter last year, the firm earned $ 5.31 EPS. UnitedHealth Group’s revenue for the quarter was up 14.2% compared to the same quarter last year. Sell-side analysts expect that UnitedHealth Group Incorporated will post 21.75 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 28th. Stockholders of record on Monday, June 20th will be issued a dividend of $ 1.65 per share. This represents a $ 6.60 annualized dividend and a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, June 16th. This is a positive change from UnitedHealth Group’s previous quarterly dividend of $ 1.45. UnitedHealth Group’s dividend payout ratio (DPR) is presently 36.12%.
UnitedHealth Group Company Profile: (Get Rating)
UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It 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 well-being services to individuals age 50 and older addressing their needs for preventive and acute health care services, as well as services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, children’s health insurance and health care programs; health and dental benefits; and hospital and clinical services.
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