Collective Family Office LLC Raises Holdings in UnitedHealth Group Incorporated (NYSE:UNH)

Collective Family Office LLC boosted its position in UnitedHealth Group Incorporated (NYSE:UNH – Get Rating) by 4.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,607 shares of the healthcare conglomerate’s stock after purchasing an additional 68 shares during the period. Collective Family Office LLC’s holdings in UnitedHealth Group were worth $852,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of UNH. TimeScale Financial Inc. increased its stake in UnitedHealth Group by 276.9% in the 3rd quarter. TimeScale Financial Inc. now owns 49 shares of the healthcare conglomerate’s stock valued at $25,000 after purchasing an additional 36 shares in the last quarter. Pflug Koory LLC grew its holdings in UnitedHealth Group by 160.0% during the 3rd quarter. Pflug Koory LLC now owns 52 shares of the healthcare conglomerate’s stock valued at $26,000 after buying an additional 32 shares during the last quarter. Belmont Capital LLC grew its holdings in UnitedHealth Group by 294.1% during the 3rd quarter. Belmont Capital LLC now owns 67 shares of the healthcare conglomerate’s stock valued at $34,000 after buying an additional 50 shares during the last quarter. O Dell Group LLC grew its holdings in UnitedHealth Group by 76.9% during the 3rd quarter. O Dell Group LLC now owns 69 shares of the healthcare conglomerate’s stock valued at $35,000 after buying an additional 30 shares during the last quarter. Finally, Legend Financial Advisors Inc. acquired a new stake in UnitedHealth Group during the 3rd quarter valued at $37,000. 86.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Morgan Stanley reiterated an “overweight” rating and set a $587.00 target price on shares of UnitedHealth Group in a report on Wednesday, November 23rd. Raymond James cut UnitedHealth Group from a “strong-buy” rating to an “outperform” rating and set a $615.00 price objective on the stock. in a report on Monday, November 21st. Loop Capital raised their price objective on UnitedHealth Group from $575.00 to $590.00 in a report on Tuesday, January 17th. Credit Suisse Group raised their price objective on UnitedHealth Group from $590.00 to $610.00 and gave the stock an “outperform” rating in a report on Wednesday, December 7th. Finally, StockNews.com upgraded UnitedHealth Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 11th. Three equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, UnitedHealth Group currently has an average rating of “Moderate Buy” and a consensus target price of $599.68.

UnitedHealth Group Stock Down 0.5 %

NYSE:UNH traded down $2.52 during mid-day trading on Friday, hitting $469.50. The company had a trading volume of 5,289,996 shares, compared to its average volume of 3,713,042. The business has a fifty day simple moving average of $483.26 and a 200-day simple moving average of $510.78. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.67. UnitedHealth Group Incorporated has a 1 year low of $449.70 and a 1 year high of $558.10. The firm has a market capitalization of $437.97 billion, a price-to-earnings ratio of 22.16, a PEG ratio of 1.30 and a beta of 0.69.

UnitedHealth Group (NYSE:UNH – Get Rating) last released its quarterly earnings data on Friday, January 13th. The healthcare conglomerate reported $5.34 EPS for the quarter, beating the consensus estimate of $5.17 by $0.17. UnitedHealth Group had a return on equity of 27.04% and a net margin of 6.21%. The company had revenue of $82.79 billion for the quarter, compared to analyst estimates of $82.53 billion. During the same period last year, the company posted $4.48 earnings per share. The firm’s revenue was up 12.3% compared to the same quarter last year. Equities analysts forecast that UnitedHealth Group Incorporated will post 24.91 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 21st. Investors of record on Monday, March 13th will be paid a $1.65 dividend. The ex-dividend date is Friday, March 10th. This represents a $6.60 dividend on an annualized basis and a yield of 1.41%. UnitedHealth Group’s dividend payout ratio (DPR) is 31.15%.

About UnitedHealth Group

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UnitedHealth Group, Inc engages in the provision of health care coverage, software, and data consultancy services. It operates through the following segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. The UnitedHealthcare segment utilizes Optum’s capabilities to help coordinate patient care, improve affordability of medical care, analyze cost trends, manage pharmacy benefits, work with care providers more effectively, and create a simpler consumer experience.