UnitedHealth Group Inc (UNH) Holdings Raised by RMB Capital Management LLC

RMB Capital Management LLC raised its position in shares of UnitedHealth Group Inc (NYSE:UNH) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,653 shares of the healthcare conglomerate’s stock after acquiring an additional 898 shares during the period. RMB Capital Management LLC’s holdings in UnitedHealth Group were worth $13,366,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in UNH. Fagan Associates Inc. lifted its stake in shares of UnitedHealth Group by 2.7% in the fourth quarter. Fagan Associates Inc. now owns 1,433 shares of the healthcare conglomerate’s stock valued at $357,000 after buying an additional 38 shares during the period. Advisors Capital Management LLC lifted its stake in shares of UnitedHealth Group by 3.0% in the fourth quarter. Advisors Capital Management LLC now owns 1,480 shares of the healthcare conglomerate’s stock valued at $369,000 after buying an additional 43 shares during the period. NewSquare Capital LLC lifted its stake in shares of UnitedHealth Group by 15.6% in the fourth quarter. NewSquare Capital LLC now owns 333 shares of the healthcare conglomerate’s stock valued at $83,000 after buying an additional 45 shares during the period. SWS Partners lifted its stake in shares of UnitedHealth Group by 1.9% in the fourth quarter. SWS Partners now owns 2,446 shares of the healthcare conglomerate’s stock valued at $609,000 after buying an additional 45 shares during the period. Finally, Capital Investment Advisors LLC lifted its stake in shares of UnitedHealth Group by 0.9% in the fourth quarter. Capital Investment Advisors LLC now owns 5,389 shares of the healthcare conglomerate’s stock valued at $1,343,000 after buying an additional 48 shares during the period. Institutional investors own 86.68% of the company’s stock.

Several equities research analysts recently weighed in on the stock. ValuEngine cut shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 27th. Credit Suisse Group reissued a “buy” rating and issued a $310.00 price target on shares of UnitedHealth Group in a research report on Friday, February 8th. Oppenheimer increased their price target on shares of UnitedHealth Group from $300.00 to $305.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 16th. Zacks Investment Research lowered shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 19th. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $310.00 price target on shares of UnitedHealth Group in a research report on Tuesday, January 15th. Three equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $297.80.

NYSE UNH opened at $220.96 on Wednesday. The company has a market cap of $220.89 billion, a PE ratio of 17.16, a PEG ratio of 1.18 and a beta of 0.79. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.73 and a quick ratio of 0.73. UnitedHealth Group Inc has a 1-year low of $215.82 and a 1-year high of $287.94.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings data on Tuesday, April 16th. The healthcare conglomerate reported $3.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $3.60 by $0.13. The company had revenue of $60.30 billion during the quarter, compared to analyst estimates of $59.72 billion. UnitedHealth Group had a net margin of 5.30% and a return on equity of 24.38%. The company’s revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the business posted $3.04 earnings per share. Equities analysts predict that UnitedHealth Group Inc will post 14.63 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Stockholders of record on Monday, March 11th were issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 1.63%. The ex-dividend date was Friday, March 8th. UnitedHealth Group’s payout ratio is 27.95%.

In other news, Director Richard T. Burke sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 17th. The shares were sold at an average price of $260.55, for a total transaction of $3,908,250.00. Following the completion of the sale, the director now owns 193,872 shares of the company’s stock, valued at $50,513,349.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Gail R. Wilensky sold 2,930 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $253.39, for a total transaction of $742,432.70. Following the sale, the director now directly owns 64,726 shares of the company’s stock, valued at approximately $16,400,921.14. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 32,930 shares of company stock valued at $8,495,383. Company insiders own 0.87% of the company’s stock.

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UnitedHealth Group Company 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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