Running Oak Capital LLC Acquires 2,338 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Running Oak Capital LLC boosted its holdings in UnitedHealth Group Incorporated (NYSE:UNH) by 11.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,264 shares of the healthcare conglomerate’s stock after buying an additional 2,338 shares during the period. Running Oak Capital LLC’s holdings in UnitedHealth Group were worth $11,768,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Nikulski Financial Inc. boosted its stake in UnitedHealth Group by 3.6% in the 4th quarter. Nikulski Financial Inc. now owns 11,832 shares of the healthcare conglomerate’s stock worth $5,985,000 after purchasing an additional 408 shares during the period. Grange Capital LLC bought a new position in shares of UnitedHealth Group in the fourth quarter valued at approximately $710,000. Toth Financial Advisory Corp increased its holdings in UnitedHealth Group by 1.0% during the 4th quarter. Toth Financial Advisory Corp now owns 20,204 shares of the healthcare conglomerate’s stock worth $10,220,000 after acquiring an additional 203 shares during the period. AEGON ASSET MANAGEMENT UK Plc grew its position in shares of UnitedHealth Group by 47.4% during the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 124,383 shares of the healthcare conglomerate’s stock valued at $62,993,000 after purchasing an additional 40,001 shares in the last quarter. Finally, CFS Investment Advisory Services LLC raised its position in shares of UnitedHealth Group by 15.4% in the fourth quarter. CFS Investment Advisory Services LLC now owns 2,904 shares of the healthcare conglomerate’s stock worth $1,469,000 after buying an additional 387 shares in the last quarter. 87.86% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Timothy Patrick Flynn acquired 1,000 shares of the stock in a transaction on Friday, January 17th. The stock was acquired at an average price of $511.57 per share, with a total value of $511,570.00. Following the completion of the transaction, the director now owns 4,500 shares of the company’s stock, valued at $2,302,065. This represents a 28.57 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.33% of the stock is currently owned by company insiders.

UnitedHealth Group Stock Performance

UnitedHealth Group stock opened at $532.26 on Friday. The firm has a 50-day moving average of $541.04 and a 200-day moving average of $563.84. The firm has a market cap of $489.83 billion, a P/E ratio of 34.34, 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. UnitedHealth Group Incorporated has a 1-year low of $436.38 and a 1-year high of $630.73.

UnitedHealth Group (NYSE:UNH) last announced its earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 EPS for the quarter, beating analysts’ consensus estimates of $6.74 by $0.07. The company had revenue of $100.81 billion during the quarter, compared to the consensus estimate of $101.60 billion. UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.83 earnings per share. Sell-side analysts expect that UnitedHealth Group Incorporated will post 29.74 EPS 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 dividend of $2.10 per share. The ex-dividend date was Monday, December 9th. This represents a $8.40 annualized dividend and a yield of 1.58%. UnitedHealth Group’s payout ratio is 54.19%.

Analyst Ratings Changes

Several analysts have weighed in on UNH shares. TD Cowen raised their price target on UnitedHealth Group from $601.00 to $609.00 and gave the company a “buy” rating in a report on Friday, October 18th. Stephens lifted their target price on shares of UnitedHealth Group from $605.00 to $675.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. Barclays lowered their price objective on shares of UnitedHealth Group from $655.00 to $642.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Oppenheimer raised their price target on UnitedHealth Group from $610.00 to $640.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Finally, Piper Sandler reduced their price objective on UnitedHealth Group from $605.00 to $600.00 and set an “overweight” rating on the stock in a research report on Thursday, January 2nd. One investment 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.com, the company presently has an average rating of “Buy” and a consensus price target of $627.74.

UnitedHealth Group 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.