Massachusetts Financial Services Co. MA Buys New Shares in UnitedHealth Group Incorporated $UNH

Massachusetts Financial Services Co. MA purchased a new position in UnitedHealth Group Incorporated (NYSE:UNH) in the second quarter, Holdings Channel.com reports. The firm purchased 2,026 shares of the healthcare conglomerate’s stock, valued at approximately $842,000.

Several other institutional investors have also recently made changes to their positions in UNH. Hodges Capital Management Inc. bought a new stake in UnitedHealth Group during the 2nd quarter valued at approximately $779,000. Carrera Capital Advisors purchased a new stake in UnitedHealth Group during the 2nd quarter valued at approximately $239,000. Jennison Associates LLC lifted its holdings in shares of UnitedHealth Group by 22.6% in the second quarter. Jennison Associates LLC now owns 806,788 shares of the healthcare conglomerate’s stock worth $335,325,000 after buying an additional 148,732 shares in the last quarter. Ranch Capital Advisors Inc. grew its stake in UnitedHealth Group by 12.7% during the second quarter. Ranch Capital Advisors Inc. now owns 1,941 shares of the healthcare conglomerate’s stock valued at $807,000 after acquiring an additional 218 shares in the last quarter. Finally, One Degree Advisors Inc purchased a new stake in UnitedHealth Group in the 2nd quarter worth $731,000. Hedge funds and other institutional investors own 87.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on UNH. Zacks Research upgraded UnitedHealth Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. UBS Group raised their price target on UnitedHealth Group from $460.00 to $490.00 and gave the company a “buy” rating in a report on Friday, July 17th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of UnitedHealth Group in a report on Thursday, June 11th. Argus upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $400.00 price target on the stock in a research report on Wednesday, April 22nd. Finally, Piper Sandler set a $477.00 price objective on shares of UnitedHealth Group in a research report on Thursday, July 16th. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $455.92.

UnitedHealth Group Price Performance

NYSE:UNH opened at $401.52 on Friday. The firm has a market capitalization of $360.40 billion, a price-to-earnings ratio of 25.84, a PEG ratio of 1.39 and a beta of 0.62. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.78 and a quick ratio of 0.80. The business has a 50 day simple moving average of $415.74 and a 200-day simple moving average of $352.85. UnitedHealth Group Incorporated has a 1 year low of $255.96 and a 1 year high of $461.62.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings results on Thursday, July 16th. The healthcare conglomerate reported $6.38 earnings per share for the quarter, beating the consensus estimate of $4.94 by $1.44. UnitedHealth Group had a return on equity of 16.53% and a net margin of 3.14%.The company had revenue of $112.03 billion for the quarter, compared to analyst estimates of $110.81 billion. During the same quarter in the prior year, the firm posted $4.08 EPS. UnitedHealth Group’s quarterly revenue was up .4% compared to the same quarter last year. UnitedHealth Group has set its FY 2026 guidance at 19.500-20.000 EPS. Equities analysts forecast that UnitedHealth Group Incorporated will post 19.69 EPS for the current year.

UnitedHealth Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Monday, September 14th will be issued a dividend of $2.32 per share. This represents a $9.28 annualized dividend and a yield of 2.3%. The ex-dividend date is Monday, September 14th. UnitedHealth Group’s dividend payout ratio is presently 59.72%.

Insider Transactions at UnitedHealth Group

In other UnitedHealth Group news, CEO Patrick Hugh Conway sold 500 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $410.00, for a total value of $205,000.00. Following the completion of the sale, the chief executive officer owned 16,497 shares of the company’s stock, valued at $6,763,770. This trade represents a 2.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.19% of the stock is currently owned by insiders.

About UnitedHealth Group

UnitedHealth Group Inc is a diversified health care company headquartered in Minnetonka, Minnesota, that operates two primary business platforms: UnitedHealthcare and Optum. Founded in 1977, the company provides a broad range of health benefits and health care services to individuals, employers, governmental entities and other organizations. Its operations span commercial employer-sponsored plans, individual and Medicare and Medicaid programs, and services for customers and health systems in the United States and selected international markets.

UnitedHealthcare is the company’s benefits business, administering health plans and networks, managing provider relationships, and offering coverage products for employers, individuals, and government-sponsored programs.