420 Shares in UnitedHealth Group Incorporated (NYSE:UNH) Purchased by Guardian Financial Partners LLC

Guardian Financial Partners LLC acquired a new stake in UnitedHealth Group Incorporated (NYSE:UNHGet Rating) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 420 shares of the healthcare conglomerate’s stock, valued at approximately $216,000.

Other hedge funds also recently bought and sold shares of the company. Advocacy Wealth Management Services LLC raised its holdings in UnitedHealth Group by 75.8% in the 1st quarter. Advocacy Wealth Management Services LLC now owns 58 shares of the healthcare conglomerate’s stock valued at $30,000 after acquiring an additional 25 shares during the last quarter. Cascade Investment Advisors Inc. raised its holdings in UnitedHealth Group by 100.0% in the 1st quarter. Cascade Investment Advisors Inc. now owns 60 shares of the healthcare conglomerate’s stock valued at $31,000 after acquiring an additional 30 shares during the last quarter. Rise Advisors LLC acquired a new stake in UnitedHealth Group in the 4th quarter valued at about $38,000. Evolution Advisers Inc. purchased a new stake in shares of UnitedHealth Group in the 1st quarter valued at approximately $38,000. Finally, Cordant Inc. purchased a new stake in shares of UnitedHealth Group in the 1st quarter valued at approximately $45,000. Institutional investors and hedge funds own 87.25% of the company’s stock.

UnitedHealth Group Stock Performance

Shares of UNH stock opened at $517.46 on Friday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.60. UnitedHealth Group Incorporated has a 52 week low of $383.12 and a 52 week high of $553.29. The stock has a market capitalization of $484.02 billion, a PE ratio of 27.02, a P/E/G ratio of 1.61 and a beta of 0.76. The firm has a 50 day moving average of $530.11 and a two-hundred day moving average of $512.45.

UnitedHealth Group (NYSE:UNHGet Rating) last announced its quarterly earnings data on Friday, July 15th. The healthcare conglomerate reported $5.57 earnings per share for the quarter, beating analysts’ consensus estimates of $5.24 by $0.33. UnitedHealth Group had a net margin of 5.95% and a return on equity of 25.45%. The business had revenue of $80.33 billion for the quarter, compared to analyst estimates of $79.68 billion. During the same period last year, the business earned $4.70 EPS. The company’s revenue was up 12.6% on a year-over-year basis. On average, research analysts predict that UnitedHealth Group Incorporated will post 21.85 EPS for the current fiscal year.

UnitedHealth Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 20th. Stockholders of record on Monday, September 12th were issued a $1.65 dividend. The ex-dividend date was Friday, September 9th. This represents a $6.60 dividend on an annualized basis and a dividend yield of 1.28%. UnitedHealth Group’s payout ratio is 34.46%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Mizuho increased their price target on shares of UnitedHealth Group from $550.00 to $600.00 and gave the company a “buy” rating in a research note on Wednesday, August 10th. UBS Group increased their price target on shares of UnitedHealth Group from $545.00 to $570.00 and gave the company a “neutral” rating in a research note on Thursday, July 21st. Deutsche Bank Aktiengesellschaft increased their price target on shares of UnitedHealth Group from $556.00 to $569.00 and gave the company a “buy” rating in a research note on Thursday, September 8th. Loop Capital began coverage on shares of UnitedHealth Group in a research report on Thursday, June 16th. They set a “buy” rating and a $575.00 price objective for the company. Finally, Morgan Stanley increased their price objective on shares of UnitedHealth Group from $570.00 to $587.00 in a research report on Monday, July 18th. Three research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $586.40.

Insider Activity

In related news, CAO Thomas E. Roos sold 465 shares of UnitedHealth Group stock in a transaction on Friday, August 26th. The shares were sold at an average price of $542.37, for a total transaction of $252,202.05. Following the sale, the chief accounting officer now directly owns 34,786 shares in the company, valued at approximately $18,866,882.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Stephen J. Hemsley sold 99,312 shares of UnitedHealth Group stock in a transaction on Tuesday, July 26th. The shares were sold at an average price of $534.27, for a total transaction of $53,059,422.24. Following the sale, the director now directly owns 787,372 shares in the company, valued at approximately $420,669,238.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Thomas E. Roos sold 465 shares of UnitedHealth Group stock in a transaction on Friday, August 26th. The shares were sold at an average price of $542.37, for a total transaction of $252,202.05. Following the completion of the transaction, the chief accounting officer now owns 34,786 shares in the company, valued at $18,866,882.82. The disclosure for this sale can be found here. In the last three months, insiders have sold 139,051 shares of company stock worth $74,450,958. 0.40% of the stock is currently owned by corporate insiders.

UnitedHealth Group Profile

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UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. 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 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; Medicaid plans, children's health insurance and health care programs; health and dental benefits; and hospital and clinical services.

Further Reading

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Institutional Ownership by Quarter for UnitedHealth Group (NYSE:UNH)

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