UnitedHealth Group Inc (NYSE:UNH) – Equities researchers at Jefferies Group raised their Q1 2018 earnings estimates for shares of UnitedHealth Group in a note issued to investors on Tuesday. Jefferies Group analyst D. Windley now anticipates that the healthcare conglomerate will post earnings of $2.99 per share for the quarter, up from their prior estimate of $2.90. Jefferies Group currently has a “Buy” rating and a $248.00 price target on the stock. Jefferies Group also issued estimates for UnitedHealth Group’s Q2 2018 earnings at $2.97 EPS, Q3 2018 earnings at $3.17 EPS, Q4 2018 earnings at $3.44 EPS, FY2018 earnings at $12.56 EPS and FY2019 earnings at $14.41 EPS.

UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings data on Tuesday, January 16th. The healthcare conglomerate reported $2.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.50 by $0.09. UnitedHealth Group had a net margin of 5.25% and a return on equity of 21.79%. The company had revenue of $52.06 billion during the quarter, compared to the consensus estimate of $51.57 billion. During the same quarter in the prior year, the firm earned $2.11 earnings per share. The firm’s revenue was up 9.5% compared to the same quarter last year.

Several other research analysts have also recently commented on UNH. Cantor Fitzgerald increased their target price on shares of UnitedHealth Group to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, October 18th. Wells Fargo & Co restated an “outperform” rating and set a $245.00 target price (up previously from $230.00) on shares of UnitedHealth Group in a report on Wednesday, November 29th. Credit Suisse Group assumed coverage on shares of UnitedHealth Group in a report on Thursday, November 2nd. They set an “outperform” rating and a $233.00 target price for the company. ValuEngine cut shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Finally, Royal Bank of Canada increased their target price on shares of UnitedHealth Group to $244.00 and gave the stock an “outperform” rating in a report on Wednesday, November 29th. They noted that the move was a valuation call. Three analysts have rated the stock with a hold rating and twenty-five have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $241.30.

Shares of UnitedHealth Group (NYSE UNH) opened at $238.43 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.52. UnitedHealth Group has a 12-month low of $156.09 and a 12-month high of $238.96. The stock has a market cap of $230,530.00, a price-to-earnings ratio of 22.26, a PEG ratio of 1.48 and a beta of 0.66.

In other UnitedHealth Group news, Director Gail R. Wilensky sold 5,600 shares of the stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $223.31, for a total value of $1,250,536.00. Following the completion of the sale, the director now owns 61,137 shares in the company, valued at $13,652,503.47. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Michele J. Hooper sold 5,000 shares of the stock in a transaction on Monday, December 4th. The shares were sold at an average price of $222.20, for a total transaction of $1,111,000.00. Following the completion of the sale, the director now owns 36,989 shares of the company’s stock, valued at approximately $8,218,955.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 33,655 shares of company stock valued at $7,469,083. Corporate insiders own 0.89% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Regal Wealth Group Inc. lifted its stake in shares of UnitedHealth Group by 0.4% during the 2nd quarter. Regal Wealth Group Inc. now owns 746 shares of the healthcare conglomerate’s stock worth $138,000 after buying an additional 3 shares during the last quarter. Jackson Grant Investment Advisers Inc. lifted its stake in shares of UnitedHealth Group by 0.4% during the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 1,101 shares of the healthcare conglomerate’s stock worth $204,000 after buying an additional 4 shares during the last quarter. RNC Capital Management LLC lifted its stake in shares of UnitedHealth Group by 0.7% during the 2nd quarter. RNC Capital Management LLC now owns 1,940 shares of the healthcare conglomerate’s stock worth $360,000 after buying an additional 13 shares during the last quarter. Highland Private Wealth Management lifted its stake in shares of UnitedHealth Group by 0.4% during the 2nd quarter. Highland Private Wealth Management now owns 3,199 shares of the healthcare conglomerate’s stock worth $593,000 after buying an additional 13 shares during the last quarter. Finally, Flagship Harbor Advisors LLC lifted its stake in shares of UnitedHealth Group by 0.3% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 5,028 shares of the healthcare conglomerate’s stock worth $939,000 after buying an additional 15 shares during the last quarter. Institutional investors own 86.09% of the company’s stock.

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About UnitedHealth Group

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.

Earnings History and Estimates for UnitedHealth Group (NYSE:UNH)

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