Napa Wealth Management Trims Holdings in UnitedHealth Group Incorporated (NYSE:UNH)

Napa Wealth Management trimmed its position in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 52.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,951 shares of the healthcare conglomerate’s stock after selling 2,141 shares during the period. Napa Wealth Management’s holdings in UnitedHealth Group were worth $987,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of UNH. NewSquare Capital LLC purchased a new stake in UnitedHealth Group during the 4th quarter valued at about $25,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in UnitedHealth Group during the 4th quarter valued at about $26,000. Hurley Capital LLC purchased a new stake in shares of UnitedHealth Group during the 4th quarter valued at about $28,000. AlphaMark Advisors LLC purchased a new stake in shares of UnitedHealth Group during the 4th quarter valued at about $30,000. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of UnitedHealth Group during the 4th quarter valued at about $30,000. 87.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on UNH. StockNews.com raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $700.00 price target on shares of UnitedHealth Group in a report on Friday, January 17th. Royal Bank of Canada cut their target price on shares of UnitedHealth Group from $655.00 to $525.00 and set an “outperform” rating for the company in a research report on Wednesday, April 23rd. Morgan Stanley reduced their target price on shares of UnitedHealth Group from $664.00 to $563.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Finally, Raymond James reaffirmed a “strong-buy” rating and set a $540.00 target price (down from $635.00) on shares of UnitedHealth Group in a report on Monday, April 21st. Four research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $596.86.

UnitedHealth Group Price Performance

Shares of NYSE:UNH opened at $378.42 on Tuesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.83. The firm has a market cap of $343.28 billion, a price-to-earnings ratio of 24.41, a P/E/G ratio of 1.37 and a beta of 0.56. The firm has a fifty day moving average price of $486.06 and a 200 day moving average price of $520.74. UnitedHealth Group Incorporated has a fifty-two week low of $347.04 and a fifty-two week high of $630.73.

UnitedHealth Group (NYSE:UNH) last issued its earnings results on Thursday, April 17th. The healthcare conglomerate reported $7.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.29 by ($0.09). UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The firm had revenue of $109.58 billion during the quarter, compared to the consensus estimate of $111.56 billion. During the same period last year, the firm posted $6.91 earnings per share. As a group, sell-side analysts expect that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were given a $2.10 dividend. This represents a $8.40 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Monday, March 10th. UnitedHealth Group’s dividend payout ratio is presently 35.18%.

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.