Eagle Capital Management LLC Raises Stock Holdings in UnitedHealth Group Incorporated (NYSE:UNH)

Eagle Capital Management LLC grew its position in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 0.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,677 shares of the healthcare conglomerate’s stock after acquiring an additional 33 shares during the period. UnitedHealth Group comprises 2.8% of Eagle Capital Management LLC’s portfolio, making the stock its 12th largest position. Eagle Capital Management LLC’s holdings in UnitedHealth Group were worth $6,919,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Sharp Financial Services LLC increased its position in shares of UnitedHealth Group by 11.0% during the fourth quarter. Sharp Financial Services LLC now owns 885 shares of the healthcare conglomerate’s stock valued at $447,000 after buying an additional 88 shares during the period. Phillips Wealth Planners LLC grew its holdings in shares of UnitedHealth Group by 4.4% during the 4th quarter. Phillips Wealth Planners LLC now owns 2,767 shares of the healthcare conglomerate’s stock worth $1,441,000 after acquiring an additional 117 shares during the period. Kelleher Financial Advisors lifted its stake in shares of UnitedHealth Group by 1.3% in the 4th quarter. Kelleher Financial Advisors now owns 3,315 shares of the healthcare conglomerate’s stock valued at $1,677,000 after purchasing an additional 43 shares during the period. Marino Stram & Associates LLC raised its holdings in UnitedHealth Group by 4.4% in the fourth quarter. Marino Stram & Associates LLC now owns 758 shares of the healthcare conglomerate’s stock worth $383,000 after purchasing an additional 32 shares in the last quarter. Finally, Westside Investment Management Inc. grew its position in shares of UnitedHealth Group by 16.3% in the 4th quarter. Westside Investment Management Inc. now owns 3,210 shares of the healthcare conglomerate’s stock worth $1,624,000 after buying an additional 451 shares during the period. 87.86% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Hsbc Global Res raised shares of UnitedHealth Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 10th. HSBC raised UnitedHealth Group from a “hold” rating to a “buy” rating and set a $595.00 price objective for the company in a research report on Friday, January 10th. UBS Group reduced their price target on UnitedHealth Group from $680.00 to $650.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. TD Cowen increased their price objective on shares of UnitedHealth Group from $601.00 to $609.00 and gave the company a “buy” rating in a research report on Friday, October 18th. Finally, Barclays reduced their price target on shares of UnitedHealth Group from $655.00 to $642.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. One analyst has rated the stock with a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $627.74.

UnitedHealth Group Trading Down 1.1 %

Shares of UNH stock opened at $519.08 on Thursday. UnitedHealth Group Incorporated has a 1 year low of $436.38 and a 1 year high of $630.73. The firm has a fifty day moving average price of $545.26 and a 200-day moving average price of $564.10. The company has a market cap of $477.70 billion, a price-to-earnings ratio of 33.49, a PEG ratio of 1.42 and a beta of 0.62. 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 posted its quarterly earnings data on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share 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 firm had revenue of $100.81 billion for the quarter, compared to analysts’ expectations of $101.60 billion. During the same period in the previous year, the firm earned $5.83 EPS. The business’s quarterly revenue was up 6.8% on a year-over-year basis. As a group, equities analysts predict that UnitedHealth Group Incorporated will post 29.75 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Monday, December 9th were issued a dividend of $2.10 per share. The ex-dividend date was Monday, December 9th. This represents a $8.40 dividend on an annualized basis and a yield of 1.62%. UnitedHealth Group’s dividend payout ratio is presently 54.19%.

Insider Transactions at UnitedHealth Group

In related news, Director Timothy Patrick Flynn bought 1,000 shares of the company’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 transaction, the director now owns 4,500 shares in the company, valued at $2,302,065. The trade was a 28.57 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.33% of the company’s stock.

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.