UnitedHealth Group Director Sells $1,124,700 in Stock (UNH)
UnitedHealth Group (NYSE:UNH) Director Douglas Leatherdale sold 15,000 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $74.98, for a total value of $1,124,700.00. Following the completion of the sale, the director now directly owns 912,879 shares of the company’s stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at TheStreet reiterated a “buy” rating on shares of UnitedHealth Group (NYSE:UNH) in a research note to investors on Friday, September 6th.
Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. UnitedHealth Group currently has a consensus rating of “Buy” and an average price target of $75.17.
Shares of UnitedHealth Group (NYSE:UNH) traded down 0.59% on Thursday, hitting $74.74. 2,823,858 shares of the company’s stock traded hands. UnitedHealth Group has a 52-week low of $51.09 and a 52-week high of $75.19. The stock has a 50-day moving average of $72.73 and a 200-day moving average of $64.20. The company has a market cap of $75.988 billion and a price-to-earnings ratio of 14.32. UnitedHealth Group also saw some unusual options trading on Tuesday. Investors acquired 51,928 call options on the stock. This represents an increase of 1,176% compared to the typical volume of 4,071 call options.
UnitedHealth Group (NYSE:UNH) last released its earnings data on Thursday, July 18th. The company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.15. The company had revenue of $30.40 billion for the quarter, compared to the consensus estimate of $30.48 billion. During the same quarter last year, the company posted $1.27 earnings per share. UnitedHealth Group’s revenue was up 11.5% compared to the same quarter last year. Analysts expect that UnitedHealth Group will post $5.51 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 24th. Stockholders of record on Friday, September 13th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Wednesday, September 11th.
UnitedHealth Group Incorporated (NYSE:UNH) diversified health and well-being company.
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