Private Trust Co. NA Boosts Holdings in UnitedHealth Group Inc (UNH)

Private Trust Co. NA raised its stake in UnitedHealth Group Inc (NYSE:UNH) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,725 shares of the healthcare conglomerate’s stock after buying an additional 448 shares during the period. Private Trust Co. NA’s holdings in UnitedHealth Group were worth $1,702,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. BlackRock Inc. increased its holdings in shares of UnitedHealth Group by 1.2% in the second quarter. BlackRock Inc. now owns 69,430,416 shares of the healthcare conglomerate’s stock valued at $12,873,786,000 after buying an additional 796,654 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of UnitedHealth Group by 2.5% in the second quarter. Vanguard Group Inc. now owns 64,578,618 shares of the healthcare conglomerate’s stock valued at $11,974,168,000 after buying an additional 1,588,516 shares in the last quarter. FMR LLC increased its holdings in shares of UnitedHealth Group by 2.1% in the second quarter. FMR LLC now owns 56,101,668 shares of the healthcare conglomerate’s stock valued at $10,402,371,000 after buying an additional 1,168,324 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of UnitedHealth Group by 2.3% in the second quarter. Alliancebernstein L.P. now owns 7,906,936 shares of the healthcare conglomerate’s stock valued at $1,466,104,000 after buying an additional 174,290 shares in the last quarter. Finally, TIAA CREF Investment Management LLC increased its holdings in shares of UnitedHealth Group by 3.9% in the second quarter. TIAA CREF Investment Management LLC now owns 5,882,427 shares of the healthcare conglomerate’s stock valued at $1,090,720,000 after buying an additional 223,524 shares in the last quarter. 86.00% of the stock is currently owned by institutional investors.

Several equities analysts have weighed in on UNH shares. Raymond James Financial reiterated a “buy” rating on shares of UnitedHealth Group in a research report on Wednesday, December 6th. Jefferies Group reiterated a “buy” rating and set a $248.00 price objective on shares of UnitedHealth Group in a research report on Friday, December 1st. Cantor Fitzgerald reiterated a “buy” rating and set a $225.00 price objective on shares of UnitedHealth Group in a research report on Monday, November 27th. Mizuho reiterated a “buy” rating on shares of UnitedHealth Group in a research report on Tuesday, October 24th. Finally, Credit Suisse Group reiterated a “buy” rating on shares of UnitedHealth Group in a research report on Wednesday, December 27th. Two investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $243.22.

In related news, Director Gail R. Wilensky sold 5,600 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $223.31, for a total value of $1,250,536.00. Following the completion of the sale, the director now directly owns 61,137 shares in the company, valued at $13,652,503.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michele J. Hooper sold 10,000 shares of the company’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $237.76, for a total transaction of $2,377,600.00. Following the completion of the sale, the director now owns 37,284 shares of the company’s stock, valued at $8,864,643.84. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 53,396 shares of company stock worth $12,262,067. 0.89% of the stock is currently owned by corporate insiders.

UnitedHealth Group Inc (UNH) opened at $229.37 on Monday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.70 and a current ratio of 0.73. UnitedHealth Group Inc has a fifty-two week low of $156.49 and a fifty-two week high of $250.79. The company has a market cap of $222,270.00, a price-to-earnings ratio of 24.14, a PEG ratio of 1.34 and a beta of 0.70.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings results on Tuesday, January 16th. The healthcare conglomerate reported $2.59 EPS for the quarter, beating the consensus estimate of $2.50 by $0.09. UnitedHealth Group had a net margin of 5.25% and a return on equity of 21.29%. The business had revenue of $52.06 billion for the quarter, compared to analysts’ expectations of $51.57 billion. During the same period in the previous year, the company posted $2.11 EPS. UnitedHealth Group’s revenue was up 9.5% on a year-over-year basis. sell-side analysts predict that UnitedHealth Group Inc will post 12.51 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Friday, March 9th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, March 8th. UnitedHealth Group’s dividend payout ratio is currently 31.58%.

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About UnitedHealth Group

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

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Institutional Ownership by Quarter for UnitedHealth Group (NYSE:UNH)

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