Mmbg Investment Advisors CO. Sells 70 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Mmbg Investment Advisors CO. decreased its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,991 shares of the healthcare conglomerate’s stock after selling 70 shares during the period. Mmbg Investment Advisors CO.’s holdings in UnitedHealth Group were worth $4,548,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of UNH. LRI Investments LLC grew its holdings in UnitedHealth Group by 0.5% during the 4th quarter. LRI Investments LLC now owns 18,643 shares of the healthcare conglomerate’s stock valued at $9,431,000 after buying an additional 85 shares in the last quarter. LRT Capital Management LLC increased its holdings in shares of UnitedHealth Group by 84.0% in the 4th quarter. LRT Capital Management LLC now owns 3,427 shares of the healthcare conglomerate’s stock valued at $1,734,000 after acquiring an additional 1,564 shares during the period. LifePlan Investment Advisors Inc. increased its holdings in UnitedHealth Group by 12.9% during the 4th quarter. LifePlan Investment Advisors Inc. now owns 428 shares of the healthcare conglomerate’s stock valued at $217,000 after acquiring an additional 49 shares in the last quarter. Lionshead Wealth Management LLC purchased a new stake in UnitedHealth Group during the fourth quarter worth approximately $361,000. Finally, Investment Management Corp of Ontario raised its stake in UnitedHealth Group by 49.3% during the fourth quarter. Investment Management Corp of Ontario now owns 45,553 shares of the healthcare conglomerate’s stock worth $23,043,000 after acquiring an additional 15,032 shares during the period. 87.86% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UNH has been the topic of a number of recent analyst reports. Argus lowered shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Monday, April 21st. HSBC reissued a “hold” rating and issued a $490.00 price target on shares of UnitedHealth Group in a report on Tuesday, April 22nd. JPMorgan Chase & Co. cut their price target on shares of UnitedHealth Group from $652.00 to $525.00 and set an “overweight” rating on the stock in a report on Thursday, April 24th. Morgan Stanley reduced their price objective on UnitedHealth Group from $664.00 to $563.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Finally, Hsbc Global Res lowered shares of UnitedHealth Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 22nd. Four analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, UnitedHealth Group currently has an average rating of “Moderate Buy” and a consensus price target of $596.86.

UnitedHealth Group Price Performance

NYSE:UNH opened at $380.72 on Monday. UnitedHealth Group Incorporated has a 52 week low of $378.54 and a 52 week high of $630.73. The stock has a market capitalization of $345.37 billion, a PE ratio of 24.56, a price-to-earnings-growth ratio of 1.37 and a beta of 0.56. The stock’s 50-day moving average price is $488.01 and its 200-day moving average price is $522.04. 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 released its quarterly earnings data on Thursday, April 17th. The healthcare conglomerate reported $7.20 EPS for the quarter, missing analysts’ consensus estimates of $7.29 by ($0.09). The business had revenue of $109.58 billion during the quarter, compared to analyst estimates of $111.56 billion. UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. During the same period in the prior year, the firm earned $6.91 EPS. As a group, equities analysts expect that UnitedHealth Group Incorporated will post 29.54 EPS for the current fiscal year.

UnitedHealth Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Monday, March 10th were issued a $2.10 dividend. This represents a $8.40 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend was Monday, March 10th. UnitedHealth Group’s payout ratio is 35.18%.

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.