UnitedHealth Group Incorporated $UNH Stock Purchased by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. boosted its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 34.7% in the third quarter, Holdings Channel.com reports. The fund owned 10,659 shares of the healthcare conglomerate’s stock after buying an additional 2,743 shares during the quarter. Confluence Wealth Services Inc.’s holdings in UnitedHealth Group were worth $3,912,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Nvwm LLC boosted its position in shares of UnitedHealth Group by 89.2% in the 3rd quarter. Nvwm LLC now owns 70 shares of the healthcare conglomerate’s stock worth $26,000 after purchasing an additional 33 shares during the last quarter. Wellington Altus USA Inc. increased its holdings in UnitedHealth Group by 97.1% in the second quarter. Wellington Altus USA Inc. now owns 67 shares of the healthcare conglomerate’s stock valued at $28,000 after purchasing an additional 33 shares during the last quarter. Security National Bank of SO Dak acquired a new position in UnitedHealth Group in the second quarter valued at about $29,000. Compass Wealth Management LLC acquired a new position in UnitedHealth Group in the third quarter valued at about $29,000. Finally, Aberdeen Wealth Management LLC bought a new position in UnitedHealth Group during the second quarter worth about $31,000. Institutional investors own 87.86% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. TD Cowen restated a “hold” rating and set a $402.00 target price on shares of UnitedHealth Group in a research report on Thursday, October 15th. New Street Research set a $402.00 price target on shares of UnitedHealth Group in a research report on Friday, October 9th. Erste Group Bank lowered shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Thursday, August 27th. Royal Bank Of Canada boosted their price objective on shares of UnitedHealth Group from $478.00 to $498.00 and gave the company an “outperform” rating in a report on Tuesday, October 20th. Finally, Stephens set a $500.00 target price on shares of UnitedHealth Group in a report on Friday, October 16th. Twenty research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $463.93.

Get Our Latest Report on UnitedHealth Group

Insider Buying and Selling

In other UnitedHealth Group news, CEO Patrick Conway sold 1,169 shares of UnitedHealth Group stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $390.00, for a total value of $455,910.00. Following the transaction, the chief executive officer owned 15,328 shares of the company’s stock, valued at approximately $5,977,920. The trade was a 7.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.19% of the company’s stock.

UnitedHealth Group News Summary

Here are the key news stories impacting UnitedHealth Group this week:

UnitedHealth Group Stock Up 1.8%

NYSE:UNH opened at $404.88 on Wednesday. UnitedHealth Group Incorporated has a 1 year low of $255.96 and a 1 year high of $461.62. The stock has a 50-day moving average price of $390.98 and a two-hundred day moving average price of $364.53. The stock has a market cap of $362.78 billion, a price-to-earnings ratio of 23.12, a PEG ratio of 1.44 and a beta of 0.51. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.66.

UnitedHealth Group (NYSE:UNH – Get Free Report) last released its quarterly earnings results on Tuesday, October 13th. The healthcare conglomerate reported $4.69 EPS for the quarter, topping analysts’ consensus estimates of $4.14 by $0.55. UnitedHealth Group had a return on equity of 17.95% and a net margin of 3.53%. The company had revenue of $112.72 billion for the quarter, compared to analyst estimates of $111.31 billion. During the same quarter last year, the firm posted $2.59 earnings per share. UnitedHealth Group’s revenue was down .4% compared to the same quarter last year. UnitedHealth Group has set its FY 2026 guidance at 20.500- EPS. As a group, equities analysts expect that UnitedHealth Group Incorporated will post 20.61 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, December 7th 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, December 7th. UnitedHealth Group’s dividend payout ratio (DPR) is 53.00%.

UnitedHealth Group Company Profile

(Free Report)

UnitedHealth Group is a diversified health care company that provides health benefits and health services through two main businesses: UnitedHealthcare and Optum. UnitedHealthcare offers health insurance and related benefit plans to individuals, employers and government programs, including Medicare and Medicaid. Optum provides services across the health care system, including care delivery, pharmacy services, pharmacy benefit management, health technology and data analytics. Its businesses serve consumers, health care providers, employers, health plans and government organizations.

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Institutional Ownership by Quarter for UnitedHealth Group (NYSE:UNH)

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