TRH Financial LLC Invests $211,000 in UnitedHealth Group Inc (NYSE:UNH)

TRH Financial LLC purchased a new position in UnitedHealth Group Inc (NYSE:UNH) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 676 shares of the healthcare conglomerate’s stock, valued at approximately $211,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in UnitedHealth Group by 7.5% in the 2nd quarter. Vanguard Group Inc. now owns 80,727,140 shares of the healthcare conglomerate’s stock valued at $23,810,470,000 after acquiring an additional 5,654,194 shares in the last quarter. State Street Corp lifted its position in UnitedHealth Group by 0.5% in the 1st quarter. State Street Corp now owns 46,003,796 shares of the healthcare conglomerate’s stock valued at $11,472,427,000 after acquiring an additional 212,240 shares in the last quarter. Nuveen Asset Management LLC lifted its position in UnitedHealth Group by 4.4% in the 2nd quarter. Nuveen Asset Management LLC now owns 7,294,171 shares of the healthcare conglomerate’s stock valued at $2,151,416,000 after acquiring an additional 305,797 shares in the last quarter. Sanders Capital LLC lifted its position in UnitedHealth Group by 3.3% in the 2nd quarter. Sanders Capital LLC now owns 5,422,137 shares of the healthcare conglomerate’s stock valued at $1,787,646,000 after acquiring an additional 172,998 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in UnitedHealth Group by 0.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 4,794,237 shares of the healthcare conglomerate’s stock valued at $1,414,060,000 after acquiring an additional 39,532 shares in the last quarter. 86.39% of the stock is currently owned by hedge funds and other institutional investors.

UNH opened at $329.90 on Friday. The firm has a 50-day simple moving average of $311.35 and a two-hundred day simple moving average of $297.69. UnitedHealth Group Inc has a 52 week low of $187.72 and a 52 week high of $333.70. The company has a market capitalization of $313.52 billion, a PE ratio of 18.55, a price-to-earnings-growth ratio of 1.44 and a beta of 0.68. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.60.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings data on Monday, October 19th. The healthcare conglomerate reported $3.51 EPS for the quarter, beating the consensus estimate of $2.98 by $0.53. UnitedHealth Group had a net margin of 6.90% and a return on equity of 29.28%. The business had revenue of $65.12 billion during the quarter, compared to the consensus estimate of $63.97 billion. During the same quarter in the prior year, the firm earned $3.88 EPS. The business’s revenue was up 7.9% on a year-over-year basis. As a group, sell-side analysts expect that UnitedHealth Group Inc will post 16.58 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Monday, September 14th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend was Friday, September 11th. UnitedHealth Group’s dividend payout ratio (DPR) is presently 33.09%.

In related news, Director Richard T. Burke sold 10,000 shares of the stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of $303.50, for a total value of $3,035,000.00. Following the completion of the transaction, the director now owns 159,215 shares of the company’s stock, valued at approximately $48,321,752.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Marianne D. Short sold 12,000 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $321.34, for a total transaction of $3,856,080.00. Following the completion of the transaction, the executive vice president now directly owns 140,885 shares of the company’s stock, valued at approximately $45,271,985.90. The disclosure for this sale can be found here. Insiders have sold a total of 47,336 shares of company stock valued at $14,928,276 in the last three months. Insiders own 0.80% of the company’s stock.

Several research firms recently issued reports on UNH. Barclays upped their price objective on UnitedHealth Group from $322.00 to $365.00 and gave the company an “overweight” rating in a research report on Tuesday. Stephens increased their price target on UnitedHealth Group from $325.00 to $335.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. SVB Leerink increased their price target on UnitedHealth Group from $370.00 to $373.00 and gave the company an “outperform” rating in a report on Thursday. Mizuho reissued a “buy” rating and set a $315.00 price target on shares of UnitedHealth Group in a report on Wednesday, July 15th. Finally, Morgan Stanley reissued a “buy” rating and set a $371.00 price target on shares of UnitedHealth Group in a report on Thursday, July 16th. Four analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $346.68.

UnitedHealth Group Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. 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 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; and Medicaid plans, Children's Health Insurance Program, and health care programs; and health and dental benefits.

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

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