Sonora Investment Management Group LLC Acquires 821 Shares of UnitedHealth Group Incorporated $UNH

Sonora Investment Management Group LLC raised its holdings in UnitedHealth Group Incorporated (NYSE:UNH) by 3.4% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,898 shares of the healthcare conglomerate’s stock after acquiring an additional 821 shares during the quarter. Sonora Investment Management Group LLC’s holdings in UnitedHealth Group were worth $7,767,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Financial Partners Group LLC grew its position in shares of UnitedHealth Group by 297.8% during the 2nd quarter. Financial Partners Group LLC now owns 31,037 shares of the healthcare conglomerate’s stock worth $9,683,000 after buying an additional 23,235 shares in the last quarter. Avior Wealth Management LLC grew its position in shares of UnitedHealth Group by 29.1% during the 2nd quarter. Avior Wealth Management LLC now owns 10,120 shares of the healthcare conglomerate’s stock worth $3,157,000 after buying an additional 2,282 shares in the last quarter. Uncommon Cents Investing LLC grew its position in shares of UnitedHealth Group by 12.2% during the 2nd quarter. Uncommon Cents Investing LLC now owns 2,395 shares of the healthcare conglomerate’s stock worth $747,000 after buying an additional 260 shares in the last quarter. Hengehold Capital Management LLC grew its position in shares of UnitedHealth Group by 13.4% during the 2nd quarter. Hengehold Capital Management LLC now owns 1,228 shares of the healthcare conglomerate’s stock worth $383,000 after buying an additional 145 shares in the last quarter. Finally, Chatham Capital Group Inc. grew its position in shares of UnitedHealth Group by 1.1% during the 2nd quarter. Chatham Capital Group Inc. now owns 11,272 shares of the healthcare conglomerate’s stock worth $3,517,000 after buying an additional 120 shares in the last quarter. Institutional investors own 87.86% of the company’s stock.

Analyst Upgrades and Downgrades

UNH has been the topic of a number of recent research reports. KeyCorp dropped their price objective on UnitedHealth Group from $400.00 to $350.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 30th. Piper Sandler dropped their price objective on UnitedHealth Group from $353.00 to $317.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 30th. Wells Fargo & Company dropped their price objective on UnitedHealth Group from $306.00 to $267.00 and set an “overweight” rating on the stock in a research report on Monday, August 4th. Barclays raised their price objective on UnitedHealth Group from $337.00 to $352.00 and gave the company an “overweight” rating in a research report on Thursday, September 4th. Finally, Baird R W cut UnitedHealth Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 31st. Sixteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $358.95.

UnitedHealth Group Stock Down 0.4%

UnitedHealth Group stock opened at $344.15 on Friday. The firm has a market cap of $311.69 billion, a price-to-earnings ratio of 14.91, a price-to-earnings-growth ratio of 2.24 and a beta of 0.45. UnitedHealth Group Incorporated has a 52 week low of $234.60 and a 52 week high of $630.73. The business’s 50-day moving average price is $301.20 and its 200 day moving average price is $359.58. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.73.

UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings data on Tuesday, July 29th. The healthcare conglomerate reported $4.08 EPS for the quarter, missing the consensus estimate of $4.45 by ($0.37). UnitedHealth Group had a net margin of 5.04% and a return on equity of 23.32%. The business had revenue of $111.62 billion during the quarter, compared to analyst estimates of $111.75 billion. During the same period in the previous year, the business posted $6.80 earnings per share. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. As a group, sell-side analysts anticipate that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 15th were paid a $2.21 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $8.84 dividend on an annualized basis and a dividend yield of 2.6%. UnitedHealth Group’s payout ratio is currently 38.30%.

About UnitedHealth Group

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.