UnitedHealth Group Incorporated (NYSE:UNH) Stock Position Raised by Cyr Financial Inc.

Cyr Financial Inc. boosted its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 11.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,515 shares of the healthcare conglomerate’s stock after acquiring an additional 151 shares during the quarter. UnitedHealth Group makes up approximately 0.7% of Cyr Financial Inc.’s portfolio, making the stock its 27th largest holding. Cyr Financial Inc.’s holdings in UnitedHealth Group were worth $766,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Quarry LP boosted its position in UnitedHealth Group by 132.1% during the second quarter. Quarry LP now owns 65 shares of the healthcare conglomerate’s stock worth $33,000 after purchasing an additional 37 shares during the period. Anchor Investment Management LLC boosted its holdings in shares of UnitedHealth Group by 9.5% during the 2nd quarter. Anchor Investment Management LLC now owns 22,182 shares of the healthcare conglomerate’s stock worth $11,297,000 after buying an additional 1,920 shares during the period. Centaurus Financial Inc. raised its holdings in UnitedHealth Group by 76.9% in the 2nd quarter. Centaurus Financial Inc. now owns 6,343 shares of the healthcare conglomerate’s stock worth $3,230,000 after acquiring an additional 2,757 shares during the period. Greater Midwest Financial Group LLC boosted its holdings in UnitedHealth Group by 5.0% during the second quarter. Greater Midwest Financial Group LLC now owns 4,510 shares of the healthcare conglomerate’s stock valued at $2,297,000 after acquiring an additional 214 shares during the period. Finally, Ashburton Jersey Ltd bought a new position in shares of UnitedHealth Group in the second quarter worth about $139,000. 87.86% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Timothy Patrick Flynn purchased 1,000 shares of UnitedHealth Group stock in a transaction on Friday, January 17th. The stock was purchased at an average price of $511.57 per share, with a total value of $511,570.00. Following the transaction, the director now directly owns 4,500 shares in the company, valued at $2,302,065. The trade was a 28.57 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

UNH has been the topic of a number of research reports. Barclays dropped their target price on shares of UnitedHealth Group from $655.00 to $642.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Morgan Stanley reduced their target price on shares of UnitedHealth Group from $615.00 to $610.00 and set an “overweight” rating for the company in a research note on Wednesday, October 16th. Wells Fargo & Company cut their price target on UnitedHealth Group from $694.00 to $660.00 and set an “overweight” rating for the company in a report on Tuesday. UBS Group lowered their price objective on UnitedHealth Group from $680.00 to $650.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. Finally, Bank of America decreased their price target on shares of UnitedHealth Group from $675.00 to $650.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. One analyst has rated the stock with a hold rating, twenty have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $629.32.

UnitedHealth Group Stock Up 1.3 %

Shares of NYSE UNH opened at $545.29 on Friday. The firm has a 50 day moving average price of $538.18 and a 200 day moving average price of $565.09. The stock has a market cap of $501.82 billion, a P/E ratio of 35.18, a P/E/G ratio of 1.46 and a beta of 0.62. UnitedHealth Group Incorporated has a 52-week low of $436.38 and a 52-week high of $630.73. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.83.

UnitedHealth Group (NYSE:UNH) last posted its earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.07. The firm had revenue of $100.81 billion for the quarter, compared to analyst estimates of $101.60 billion. UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $5.83 earnings per share. Analysts expect that UnitedHealth Group Incorporated will post 29.64 EPS for the current year.

UnitedHealth Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Investors 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 dividend yield of 1.54%. UnitedHealth Group’s payout ratio is 54.19%.

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.