UnitedHealth Group Incorporated (NYSE:UNH) Holdings Increased by Hutchinson Capital Management CA

Hutchinson Capital Management CA grew its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 0.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 33,503 shares of the healthcare conglomerate’s stock after buying an additional 173 shares during the period. UnitedHealth Group accounts for 3.2% of Hutchinson Capital Management CA’s portfolio, making the stock its 9th largest position. Hutchinson Capital Management CA’s holdings in UnitedHealth Group were worth $16,948,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Avalon Trust Co raised its position in shares of UnitedHealth Group by 5.8% during the 4th quarter. Avalon Trust Co now owns 2,755 shares of the healthcare conglomerate’s stock valued at $1,394,000 after buying an additional 152 shares in the last quarter. one8zero8 LLC bought a new position in shares of UnitedHealth Group during the 4th quarter valued at $4,286,000. Choate Investment Advisors grew its holdings in shares of UnitedHealth Group by 8.7% during the 4th quarter. Choate Investment Advisors now owns 46,944 shares of the healthcare conglomerate’s stock valued at $23,750,000 after purchasing an additional 3,742 shares during the last quarter. Diversified Enterprises LLC grew its holdings in shares of UnitedHealth Group by 13.2% during the 4th quarter. Diversified Enterprises LLC now owns 3,793 shares of the healthcare conglomerate’s stock valued at $1,919,000 after purchasing an additional 441 shares during the last quarter. Finally, Natixis Advisors LLC grew its holdings in shares of UnitedHealth Group by 0.3% during the 4th quarter. Natixis Advisors LLC now owns 745,428 shares of the healthcare conglomerate’s stock valued at $377,082,000 after purchasing an additional 2,493 shares during the last quarter. Hedge funds and other institutional investors own 87.86% of the company’s stock.

Insiders Place Their Bets

In related news, Director Timothy Patrick Flynn purchased 1,000 shares of UnitedHealth Group stock in a transaction dated Friday, January 17th. The stock was purchased at an average cost of $511.57 per share, for a total transaction of $511,570.00. Following the completion of the purchase, the director now directly owns 4,500 shares of the company’s stock, valued at $2,302,065. The trade was a 28.57 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of UnitedHealth Group from $595.00 to $625.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Truist Financial cut their price target on shares of UnitedHealth Group from $625.00 to $610.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Barclays cut their price target on shares of UnitedHealth Group from $655.00 to $642.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. KeyCorp reissued an “overweight” rating and issued a $650.00 price target on shares of UnitedHealth Group in a report on Friday, January 17th. Finally, Stephens raised their price target on shares of UnitedHealth Group from $605.00 to $675.00 and gave the stock an “overweight” rating in a report on Thursday, December 5th. Twenty equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, UnitedHealth Group presently has an average rating of “Buy” and an average target price of $629.32.

UnitedHealth Group Trading Up 1.5 %

Shares of NYSE UNH opened at $488.52 on Friday. UnitedHealth Group Incorporated has a 1 year low of $436.38 and a 1 year high of $630.73. The stock has a market cap of $446.85 billion, a P/E ratio of 31.52, a price-to-earnings-growth ratio of 1.37 and a beta of 0.62. The firm has a 50-day moving average of $511.36 and a 200 day moving average of $550.07. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91.

UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.74 by $0.07. The company had revenue of $100.81 billion during the quarter, compared to analysts’ expectations of $101.60 billion. UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. UnitedHealth Group’s revenue was up 6.8% on a year-over-year basis. During the same period last year, the company posted $5.83 EPS. As a group, sell-side analysts expect that UnitedHealth Group Incorporated will post 29.54 EPS for the current fiscal year.

UnitedHealth Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Monday, March 10th will be issued a $2.10 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $8.40 annualized dividend and a yield of 1.72%. UnitedHealth Group’s dividend payout ratio (DPR) is presently 54.19%.

UnitedHealth Group 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.