UnitedHealth Group Incorporated (NYSE:UNH) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC decreased its position in UnitedHealth Group Incorporated (NYSE:UNH) by 19.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 847,032 shares of the healthcare conglomerate’s stock after selling 201,607 shares during the quarter. Voya Investment Management LLC owned 0.09% of UnitedHealth Group worth $428,480,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. NewSquare Capital LLC acquired a new position in shares of UnitedHealth Group in the fourth quarter valued at approximately $25,000. Hurley Capital LLC acquired a new position in UnitedHealth Group during the 4th quarter worth $28,000. AlphaMark Advisors LLC purchased a new position in shares of UnitedHealth Group in the 4th quarter valued at about $30,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of UnitedHealth Group during the fourth quarter worth approximately $30,000. Finally, Promus Capital LLC purchased a new position in UnitedHealth Group in the fourth quarter worth approximately $32,000. 87.86% of the stock is owned by institutional investors and hedge funds.

UnitedHealth Group Trading Up 0.3 %

NYSE:UNH opened at $428.25 on Thursday. The stock’s 50-day moving average is $506.92 and its two-hundred day moving average is $537.23. UnitedHealth Group Incorporated has a fifty-two week low of $417.12 and a fifty-two week high of $630.73. The stock has a market cap of $391.73 billion, a PE ratio of 27.63, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61. 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 announced its quarterly earnings results on Thursday, April 17th. The healthcare conglomerate reported $7.20 EPS for the quarter, missing the consensus estimate of $7.29 by ($0.09). UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. The firm had revenue of $109.58 billion during the quarter, compared to the consensus estimate of $111.56 billion. During the same period in the previous year, the firm posted $6.91 EPS. As a group, equities research analysts forecast that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were given a $2.10 dividend. This represents a $8.40 annualized dividend and a dividend yield of 1.96%. The ex-dividend date was Monday, March 10th. UnitedHealth Group’s dividend payout ratio is currently 35.18%.

Analyst Upgrades and Downgrades

UNH has been the topic of a number of analyst reports. Argus cut UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Monday. KeyCorp dropped their price target on shares of UnitedHealth Group from $650.00 to $575.00 and set an “overweight” rating on the stock in a research note on Monday. Raymond James reaffirmed a “strong-buy” rating and issued a $540.00 target price (down from $635.00) on shares of UnitedHealth Group in a research report on Monday. Cantor Fitzgerald reiterated an “overweight” rating and set a $700.00 target price on shares of UnitedHealth Group in a research report on Friday, January 17th. Finally, Erste Group Bank raised shares of UnitedHealth Group to a “strong-buy” rating in a report on Wednesday, April 16th. Three analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $604.67.

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.