Executive Wealth Management LLC Acquires 67 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Executive Wealth Management LLC raised its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 6.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,088 shares of the healthcare conglomerate’s stock after purchasing an additional 67 shares during the period. Executive Wealth Management LLC’s holdings in UnitedHealth Group were worth $636,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Windward Capital Management Co. CA grew its position in UnitedHealth Group by 181.8% during the third quarter. Windward Capital Management Co. CA now owns 1,195 shares of the healthcare conglomerate’s stock valued at $699,000 after buying an additional 771 shares during the period. Provident Trust Co. grew its holdings in UnitedHealth Group by 0.5% during the third quarter. Provident Trust Co. now owns 632,617 shares of the healthcare conglomerate’s stock valued at $369,879,000 after purchasing an additional 2,936 shares during the period. Villere ST Denis J & Co. LLC purchased a new stake in shares of UnitedHealth Group in the third quarter worth $205,000. CWA Asset Management Group LLC purchased a new position in shares of UnitedHealth Group in the third quarter valued at about $6,007,000. Finally, Equitable Trust Co. lifted its holdings in shares of UnitedHealth Group by 6.9% in the third quarter. Equitable Trust Co. now owns 10,891 shares of the healthcare conglomerate’s stock worth $6,368,000 after buying an additional 706 shares in the last quarter. Hedge funds and other institutional investors own 87.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on UNH shares. Argus boosted their target price on UnitedHealth Group from $570.00 to $600.00 and gave the stock a “buy” rating in a research report on Wednesday, July 17th. Bank of America lowered their price objective on shares of UnitedHealth Group from $675.00 to $650.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. StockNews.com lowered UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Cantor Fitzgerald increased their target price on shares of UnitedHealth Group from $591.00 to $644.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Finally, Barclays cut their target price on UnitedHealth Group from $604.00 to $603.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 22nd. Four investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $615.53.

UnitedHealth Group Trading Up 1.8 %

Shares of NYSE:UNH opened at $616.33 on Friday. UnitedHealth Group Incorporated has a 52-week low of $436.38 and a 52-week high of $619.80. The company has a quick ratio of 0.88, a current ratio of 0.91 and a debt-to-equity ratio of 0.74. The stock has a market cap of $567.20 billion, a price-to-earnings ratio of 40.15, a PEG ratio of 1.75 and a beta of 0.58. The business has a 50-day moving average price of $581.93 and a 200-day moving average price of $545.03.

UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings data on Tuesday, October 15th. The healthcare conglomerate reported $7.15 earnings per share for the quarter, topping analysts’ consensus estimates of $7.00 by $0.15. The business had revenue of $100.82 billion during the quarter, compared to the consensus estimate of $99.14 billion. UnitedHealth Group had a net margin of 3.63% and a return on equity of 26.37%. The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.56 earnings per share. Equities analysts predict that UnitedHealth Group Incorporated will post 27.61 EPS for the current year.

UnitedHealth Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Monday, December 9th will be issued a $2.10 dividend. This represents a $8.40 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Monday, December 9th. UnitedHealth Group’s payout ratio is 54.72%.

UnitedHealth Group Company Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company 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 health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.