UnitedHealth Group Incorporated (UNH) Holdings Lifted by Colony Group LLC

Colony Group LLC raised its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 9.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 133,979 shares of the healthcare conglomerate’s stock after acquiring an additional 11,259 shares during the quarter. UnitedHealth Group makes up 1.8% of Colony Group LLC’s portfolio, making the stock its 5th biggest position. Colony Group LLC’s holdings in UnitedHealth Group were worth $24,842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sunbelt Securities Inc. acquired a new stake in shares of UnitedHealth Group during the second quarter worth $218,000. National Asset Management Inc. increased its holdings in shares of UnitedHealth Group by 16.2% in the 2nd quarter. National Asset Management Inc. now owns 9,284 shares of the healthcare conglomerate’s stock worth $1,724,000 after acquiring an additional 1,295 shares during the period. Asymmetry Capital Management L.P. increased its holdings in shares of UnitedHealth Group by 2.1% in the 2nd quarter. Asymmetry Capital Management L.P. now owns 25,918 shares of the healthcare conglomerate’s stock worth $4,806,000 after acquiring an additional 526 shares during the period. Polaris Capital Management LLC increased its holdings in shares of UnitedHealth Group by 11.1% in the 2nd quarter. Polaris Capital Management LLC now owns 233,355 shares of the healthcare conglomerate’s stock worth $43,269,000 after acquiring an additional 23,400 shares during the period. Finally, Piedmont Investment Advisors LLC increased its holdings in shares of UnitedHealth Group by 2.4% in the 2nd quarter. Piedmont Investment Advisors LLC now owns 241,736 shares of the healthcare conglomerate’s stock worth $44,823,000 after acquiring an additional 5,702 shares during the period. Hedge funds and other institutional investors own 86.20% of the company’s stock.

In other news, Director Kenneth Irwin Shine sold 457 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $211.03, for a total transaction of $96,440.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Thomas E. Roos sold 975 shares of the firm’s stock in a transaction dated Thursday, October 19th. The shares were sold at an average price of $205.47, for a total transaction of $200,333.25. Following the transaction, the insider now owns 24,630 shares of the company’s stock, valued at approximately $5,060,726.10. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 62,606 shares of company stock valued at $12,677,525. Insiders own 0.89% of the company’s stock.

UnitedHealth Group Incorporated (NYSE:UNH) traded up $2.39 during trading on Wednesday, reaching $224.88. 1,345,627 shares of the company’s stock traded hands, compared to its average volume of 3,100,740. The firm has a market cap of $215,879.17, a PE ratio of 23.20, a price-to-earnings-growth ratio of 1.65 and a beta of 0.66. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.70 and a current ratio of 0.70. UnitedHealth Group Incorporated has a 52-week low of $156.09 and a 52-week high of $231.77.

UnitedHealth Group (NYSE:UNH) last released its earnings results on Tuesday, October 17th. The healthcare conglomerate reported $2.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.57 by $0.09. The firm had revenue of $50.32 billion for the quarter, compared to analysts’ expectations of $50.38 billion. UnitedHealth Group had a net margin of 4.50% and a return on equity of 21.52%. UnitedHealth Group’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the company earned $2.17 EPS. equities research analysts anticipate that UnitedHealth Group Incorporated will post 9.99 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 12th. Stockholders of record on Friday, December 1st were given a dividend of $0.75 per share. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $3.00 annualized dividend and a dividend yield of 1.33%. UnitedHealth Group’s dividend payout ratio (DPR) is 33.26%.

A number of research firms recently weighed in on UNH. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $245.00 price objective (up previously from $230.00) on shares of UnitedHealth Group in a report on Wednesday, November 29th. Leerink Swann reaffirmed an “outperform” rating on shares of UnitedHealth Group in a report on Friday, December 1st. ValuEngine cut shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. BMO Capital Markets began coverage on shares of UnitedHealth Group in a report on Monday, October 16th. They issued an “outperform” rating and a $250.00 price objective on the stock. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $215.00 price objective on shares of UnitedHealth Group in a report on Friday, August 18th. Three research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company’s stock. UnitedHealth Group presently has an average rating of “Buy” and a consensus price target of $224.56.

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UnitedHealth Group Profile

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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