UnitedHealth Group Inc (UNH) Shares Bought by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT raised its stake in UnitedHealth Group Inc (NYSE:UNH) by 117.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,614 shares of the healthcare conglomerate’s stock after acquiring an additional 20,309 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in UnitedHealth Group were worth $9,370,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Ipswich Investment Management Co. Inc. purchased a new stake in shares of UnitedHealth Group in the fourth quarter valued at about $40,000. OLD Second National Bank of Aurora raised its holdings in shares of UnitedHealth Group by 70.0% in the fourth quarter. OLD Second National Bank of Aurora now owns 170 shares of the healthcare conglomerate’s stock valued at $42,000 after buying an additional 70 shares during the last quarter. Contravisory Investment Management Inc. raised its holdings in shares of UnitedHealth Group by 172.1% in the fourth quarter. Contravisory Investment Management Inc. now owns 185 shares of the healthcare conglomerate’s stock valued at $46,000 after buying an additional 117 shares during the last quarter. Evolution Wealth Advisors LLC purchased a new stake in shares of UnitedHealth Group in the fourth quarter valued at about $76,000. Finally, CX Institutional raised its holdings in shares of UnitedHealth Group by 475.0% in the fourth quarter. CX Institutional now owns 322 shares of the healthcare conglomerate’s stock valued at $80,000 after buying an additional 266 shares during the last quarter. Institutional investors own 90.80% of the company’s stock.

NYSE UNH opened at $263.80 on Thursday. The stock has a market cap of $251.96 billion, a P/E ratio of 20.48, a PEG ratio of 1.34 and a beta of 0.86. UnitedHealth Group Inc has a 52-week low of $212.49 and a 52-week high of $287.94. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.73 and a quick ratio of 0.69.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings results on Tuesday, January 15th. The healthcare conglomerate reported $3.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.20 by $0.08. The firm had revenue of $58.42 billion during the quarter, compared to analysts’ expectations of $58.01 billion. UnitedHealth Group had a net margin of 5.30% and a return on equity of 24.38%. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.59 earnings per share. As a group, sell-side analysts predict that UnitedHealth Group Inc will post 14.62 EPS for the current fiscal year.

In other UnitedHealth Group news, Director William C. Ballard, Jr. sold 5,000 shares of the company’s stock in a transaction dated Tuesday, January 22nd. The shares were sold at an average price of $266.61, for a total transaction of $1,333,050.00. Following the transaction, the director now directly owns 77,702 shares in the company, valued at $20,716,130.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Richard T. Burke sold 15,000 shares of the company’s stock in a transaction dated Thursday, January 17th. The stock was sold at an average price of $260.55, for a total transaction of $3,908,250.00. Following the transaction, the director now owns 193,872 shares in the company, valued at $50,513,349.60. The disclosure for this sale can be found here. Insiders have sold 26,090 shares of company stock worth $6,956,975 over the last 90 days. 0.87% of the stock is currently owned by company insiders.

UNH has been the subject of a number of research reports. Bank of America upped their target price on shares of UnitedHealth Group from $315.00 to $320.00 and gave the company a “buy” rating in a report on Wednesday, October 17th. Raymond James upped their target price on shares of UnitedHealth Group from $304.00 to $310.00 and gave the company a “strong-buy” rating in a report on Wednesday, October 17th. Piper Jaffray Companies upped their target price on shares of UnitedHealth Group to $300.00 and gave the company an “overweight” rating in a report on Wednesday, October 17th. Royal Bank of Canada upped their target price on shares of UnitedHealth Group to $308.00 and gave the company an “outperform” rating in a report on Wednesday, October 17th. Finally, Oppenheimer upped their target price on shares of UnitedHealth Group from $276.00 to $295.00 and gave the company an “outperform” rating in a report on Wednesday, October 17th. One research analyst has rated the stock with a hold rating and twenty-two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $297.80.

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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 care coverage, and 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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