Tradewinds LLC. Cuts Stock Position in UnitedHealth Group Incorporated (NYSE:UNH)

Tradewinds LLC. lessened its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,374 shares of the healthcare conglomerate’s stock after selling 606 shares during the period. UnitedHealth Group accounts for approximately 2.0% of Tradewinds LLC.’s investment portfolio, making the stock its 12th biggest position. Tradewinds LLC.’s holdings in UnitedHealth Group were worth $7,134,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Franklin Resources Inc. lifted its position in shares of UnitedHealth Group by 10.7% in the fourth quarter. Franklin Resources Inc. now owns 8,923,770 shares of the healthcare conglomerate’s stock valued at $4,514,178,000 after acquiring an additional 861,854 shares in the last quarter. Family Legacy Inc. boosted its stake in UnitedHealth Group by 1.5% during the 4th quarter. Family Legacy Inc. now owns 7,946 shares of the healthcare conglomerate’s stock worth $4,168,000 after purchasing an additional 121 shares during the last quarter. Cannell & Spears LLC raised its position in shares of UnitedHealth Group by 6.7% in the fourth quarter. Cannell & Spears LLC now owns 8,249 shares of the healthcare conglomerate’s stock valued at $4,173,000 after buying an additional 519 shares during the last quarter. Summit Financial LLC boosted its position in UnitedHealth Group by 5.1% during the fourth quarter. Summit Financial LLC now owns 24,729 shares of the healthcare conglomerate’s stock worth $12,509,000 after acquiring an additional 1,201 shares during the last quarter. Finally, AIA Group Ltd lifted its stake in UnitedHealth Group by 20.7% in the 4th quarter. AIA Group Ltd now owns 23,983 shares of the healthcare conglomerate’s stock worth $12,132,000 after purchasing an additional 4,106 shares in the last quarter. 87.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at UnitedHealth Group

In other UnitedHealth Group news, Director Timothy Patrick Flynn bought 1,000 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average price 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 in the company, valued at $2,302,065. This trade represents a 28.57 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.33% of the stock is owned by insiders.

UnitedHealth Group Stock Performance

Shares of UNH stock opened at $524.48 on Tuesday. The stock has a market capitalization of $479.75 billion, a PE ratio of 33.84, a P/E/G ratio of 1.37 and a beta of 0.62. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. UnitedHealth Group Incorporated has a 52 week low of $436.38 and a 52 week high of $630.73. The firm has a 50 day moving average of $509.10 and a two-hundred day moving average of $543.47.

UnitedHealth Group (NYSE:UNH) last posted 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. UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The company had revenue of $100.81 billion for the quarter, compared to analyst estimates of $101.60 billion. During the same quarter last year, the company earned $5.83 EPS. UnitedHealth Group’s revenue for the quarter was up 6.8% compared to the same quarter last year. On average, research analysts predict that UnitedHealth Group Incorporated will post 29.54 EPS for the current fiscal year.

UnitedHealth Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were paid a dividend of $2.10 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $8.40 dividend on an annualized basis and a dividend yield of 1.60%. UnitedHealth Group’s payout ratio is currently 54.19%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Stephens increased their price target on UnitedHealth Group from $605.00 to $675.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. Oppenheimer boosted their price target on shares of UnitedHealth Group from $610.00 to $640.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Truist Financial reduced their target price on shares of UnitedHealth Group from $625.00 to $610.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Piper Sandler cut their price target on shares of UnitedHealth Group from $605.00 to $600.00 and set an “overweight” rating for the company in a report on Thursday, January 2nd. Finally, Barclays lowered their price objective on UnitedHealth Group from $655.00 to $642.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Twenty research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, UnitedHealth Group presently has an average rating of “Buy” and an average price target of $629.32.

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.