UnitedHealth Group Incorporated (NYSE:UNH) Shares Bought by Collective Family Office LLC

Collective Family Office LLC lifted its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH – Get Rating) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,607 shares of the healthcare conglomerate’s stock after buying an additional 68 shares during the period. Collective Family Office LLC’s holdings in UnitedHealth Group were worth $852,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in UNH. TimeScale Financial Inc. raised its holdings in UnitedHealth Group by 276.9% during the third quarter. TimeScale Financial Inc. now owns 49 shares of the healthcare conglomerate’s stock worth $25,000 after purchasing an additional 36 shares in the last quarter. Pflug Koory LLC raised its holdings in UnitedHealth Group by 160.0% during the third quarter. Pflug Koory LLC now owns 52 shares of the healthcare conglomerate’s stock worth $26,000 after purchasing an additional 32 shares in the last quarter. Belmont Capital LLC raised its holdings in UnitedHealth Group by 294.1% during the third quarter. Belmont Capital LLC now owns 67 shares of the healthcare conglomerate’s stock worth $34,000 after purchasing an additional 50 shares in the last quarter. O Dell Group LLC increased its holdings in shares of UnitedHealth Group by 76.9% in the third quarter. O Dell Group LLC now owns 69 shares of the healthcare conglomerate’s stock valued at $35,000 after buying an additional 30 shares in the last quarter. Finally, Legend Financial Advisors Inc. bought a new position in shares of UnitedHealth Group in the third quarter valued at $37,000. 86.31% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Credit Suisse Group upped their price target on UnitedHealth Group from $590.00 to $610.00 and gave the company an “outperform” rating in a report on Wednesday, December 7th. StockNews.com raised UnitedHealth Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 11th. Stephens reaffirmed an “overweight” rating and issued a $605.00 price target on shares of UnitedHealth Group in a report on Tuesday, February 28th. Raymond James cut shares of UnitedHealth Group from a “strong-buy” rating to an “outperform” rating and set a $615.00 price objective on the stock. in a research report on Monday, November 21st. Finally, Loop Capital lifted their price objective on shares of UnitedHealth Group from $575.00 to $590.00 in a research report on Tuesday, January 17th. Three equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $599.68.

UnitedHealth Group Stock Down 0.5 %

Shares of UnitedHealth Group stock traded down $2.52 on Friday, hitting $469.50. 5,289,996 shares of the company traded hands, compared to its average volume of 3,713,042. The company has a market cap of $437.97 billion, a PE ratio of 22.16, a PEG ratio of 1.30 and a beta of 0.69. UnitedHealth Group Incorporated has a 12-month low of $449.70 and a 12-month high of $558.10. The company has a 50-day moving average price of $483.26 and a 200 day moving average price of $510.78. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.67.

UnitedHealth Group (NYSE:UNH – Get Rating) last issued its quarterly earnings data on Friday, January 13th. The healthcare conglomerate reported $5.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.17 by $0.17. The firm had revenue of $82.79 billion during the quarter, compared to analysts’ expectations of $82.53 billion. UnitedHealth Group had a net margin of 6.21% and a return on equity of 27.04%. UnitedHealth Group’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period in the prior year, the company posted $4.48 earnings per share. Sell-side analysts predict that UnitedHealth Group Incorporated will post 24.91 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 21st. Investors of record on Monday, March 13th will be issued a $1.65 dividend. This represents a $6.60 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date of this dividend is Friday, March 10th. UnitedHealth Group’s dividend payout ratio is presently 31.15%.

About UnitedHealth Group

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UnitedHealth Group, Inc engages in the provision of health care coverage, software, and data consultancy services. It operates through the following segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. The UnitedHealthcare segment utilizes Optum’s capabilities to help coordinate patient care, improve affordability of medical care, analyze cost trends, manage pharmacy benefits, work with care providers more effectively, and create a simpler consumer experience.