Security National Bank of SO Dak Purchases 141 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Security National Bank of SO Dak increased its position in UnitedHealth Group Incorporated (NYSE:UNH) by 15.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,071 shares of the healthcare conglomerate’s stock after purchasing an additional 141 shares during the period. Security National Bank of SO Dak’s holdings in UnitedHealth Group were worth $542,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. R.H. Investment Group LLC bought a new position in UnitedHealth Group during the 4th quarter valued at $3,483,000. Oak Thistle LLC bought a new position in shares of UnitedHealth Group during the fourth quarter valued at about $563,000. Nabity Jensen Investment Management Inc increased its stake in UnitedHealth Group by 1.9% in the 4th quarter. Nabity Jensen Investment Management Inc now owns 2,736 shares of the healthcare conglomerate’s stock valued at $1,384,000 after buying an additional 50 shares during the last quarter. Wiser Wealth Management Inc boosted its stake in shares of UnitedHealth Group by 14.5% in the 4th quarter. Wiser Wealth Management Inc now owns 482 shares of the healthcare conglomerate’s stock worth $244,000 after buying an additional 61 shares during the last quarter. Finally, ARS Wealth Advisors Group LLC lifted its holdings in UnitedHealth Group by 0.6% during the fourth quarter. ARS Wealth Advisors Group LLC now owns 27,646 shares of the healthcare conglomerate’s stock worth $13,985,000 after acquiring an additional 165 shares during the period. Institutional investors own 87.86% of the company’s stock.

UnitedHealth Group Price Performance

Shares of NYSE:UNH opened at $273.96 on Friday. The company’s fifty day moving average is $474.72 and its 200 day moving average is $515.82. UnitedHealth Group Incorporated has a 52 week low of $248.88 and a 52 week high of $630.73. The stock has a market cap of $248.52 billion, a PE ratio of 17.67, a PEG ratio of 1.37 and a beta of 0.56. 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 (NYSE:UNH) last posted its quarterly earnings results on Thursday, April 17th. The healthcare conglomerate reported $7.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.29 by ($0.09). UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The company had revenue of $109.58 billion for the quarter, compared to the consensus estimate of $111.56 billion. During the same quarter in the previous year, the business earned $6.91 earnings per share. Research analysts anticipate that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were issued 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 yield of 3.07%. UnitedHealth Group’s dividend payout ratio is presently 35.18%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on UNH shares. Robert W. Baird decreased their price objective on shares of UnitedHealth Group from $510.00 to $356.00 and set an “outperform” rating for the company in a report on Wednesday. HSBC reiterated a “hold” rating and issued a $490.00 price objective on shares of UnitedHealth Group in a research note on Tuesday, April 22nd. Argus lowered UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Monday, April 21st. Hsbc Global Res cut UnitedHealth Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 22nd. Finally, Truist Financial cut their target price on shares of UnitedHealth Group from $660.00 to $580.00 and set a “buy” rating for the company in a research report on Monday, April 21st. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $508.38.

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.