UnitedHealth Group Incorporated (NYSE:UNH) Shares Purchased by Goldstone Financial Group LLC

Goldstone Financial Group LLC lifted its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 21.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,169 shares of the healthcare conglomerate’s stock after acquiring an additional 203 shares during the period. Goldstone Financial Group LLC’s holdings in UnitedHealth Group were worth $591,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of UNH. Capital Planning LLC increased its holdings in shares of UnitedHealth Group by 19.2% during the 4th quarter. Capital Planning LLC now owns 491 shares of the healthcare conglomerate’s stock worth $248,000 after buying an additional 79 shares during the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of UnitedHealth Group in the 4th quarter worth about $902,000. Occidental Asset Management LLC grew its holdings in shares of UnitedHealth Group by 8.2% during the 4th quarter. Occidental Asset Management LLC now owns 7,571 shares of the healthcare conglomerate’s stock worth $3,830,000 after purchasing an additional 574 shares during the period. Empirical Asset Management LLC raised its holdings in UnitedHealth Group by 16.9% in the fourth quarter. Empirical Asset Management LLC now owns 21,856 shares of the healthcare conglomerate’s stock valued at $11,056,000 after buying an additional 3,157 shares during the period. Finally, Cvfg LLC purchased a new stake in UnitedHealth Group during the fourth quarter worth approximately $233,000. 87.86% of the stock is currently owned by hedge funds and other institutional investors.

UnitedHealth Group Trading Down 6.0 %

NYSE UNH opened at $511.02 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.91. The company has a 50-day simple moving average of $553.38 and a 200-day simple moving average of $562.98. The firm has a market capitalization of $470.28 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 1.42 and a beta of 0.62. UnitedHealth Group Incorporated has a one year low of $436.38 and a one year high of $630.73.

UnitedHealth Group (NYSE:UNH) last released 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 for the quarter, compared to analysts’ expectations 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 for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the company earned $5.83 EPS. On average, equities analysts forecast that UnitedHealth Group Incorporated will post 27.6 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Monday, December 9th were paid a dividend of $2.10 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $8.40 annualized dividend and a yield of 1.64%. UnitedHealth Group’s payout ratio is 54.72%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Truist Financial reduced their target price 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. Hsbc Global Res upgraded UnitedHealth Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 10th. Stephens upped their price target on UnitedHealth Group from $605.00 to $675.00 and gave the stock an “overweight” rating in a report on Thursday, December 5th. Royal Bank of Canada reduced 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. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of UnitedHealth Group from $595.00 to $625.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $626.79.

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.