UnitedHealth Group Inc (UNH) Holdings Boosted by Stanley Capital Management LLC

Stanley Capital Management LLC boosted its stake in shares of UnitedHealth Group Inc (NYSE:UNH) by 153.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,180 shares of the healthcare conglomerate’s stock after purchasing an additional 9,800 shares during the period. UnitedHealth Group makes up approximately 1.8% of Stanley Capital Management LLC’s portfolio, making the stock its 28th biggest holding. Stanley Capital Management LLC’s holdings in UnitedHealth Group were worth $3,169,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. raised its stake in shares of UnitedHealth Group by 1.2% in the 2nd quarter. BlackRock Inc. now owns 69,430,416 shares of the healthcare conglomerate’s stock valued at $12,873,786,000 after acquiring an additional 796,654 shares during the period. Vanguard Group Inc. raised its stake in shares of UnitedHealth Group by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 64,578,618 shares of the healthcare conglomerate’s stock valued at $11,974,168,000 after acquiring an additional 1,588,516 shares during the period. FMR LLC raised its stake in shares of UnitedHealth Group by 2.1% in the 2nd quarter. FMR LLC now owns 56,101,668 shares of the healthcare conglomerate’s stock valued at $10,402,371,000 after acquiring an additional 1,168,324 shares during the period. Alliancebernstein L.P. raised its stake in shares of UnitedHealth Group by 2.3% in the 2nd quarter. Alliancebernstein L.P. now owns 7,906,936 shares of the healthcare conglomerate’s stock valued at $1,466,104,000 after acquiring an additional 174,290 shares during the period. Finally, TIAA CREF Investment Management LLC raised its stake in shares of UnitedHealth Group by 3.9% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 5,882,427 shares of the healthcare conglomerate’s stock valued at $1,090,720,000 after acquiring an additional 223,524 shares during the period. 86.01% of the stock is currently owned by institutional investors.

In other news, insider Thomas E. Roos sold 975 shares of UnitedHealth Group stock in a transaction dated Thursday, October 19th. The shares were sold at an average price of $205.47, for a total value of $200,333.25. Following the completion of the transaction, the insider now directly owns 24,630 shares of the company’s stock, valued at approximately $5,060,726.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Larry C. Renfro sold 22,598 shares of UnitedHealth Group stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $221.75, for a total transaction of $5,011,106.50. Following the completion of the transaction, the chief executive officer now directly owns 195,314 shares of the company’s stock, valued at $43,310,879.50. The disclosure for this sale can be found here. Insiders sold a total of 34,630 shares of company stock valued at $7,669,416 over the last ninety days. Company insiders own 0.89% of the company’s stock.

UnitedHealth Group Inc (UNH) opened at $228.64 on Friday. UnitedHealth Group Inc has a fifty-two week low of $156.09 and a fifty-two week high of $231.77. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.70 and a quick ratio of 0.70. The company has a market cap of $221,060.00, a PE ratio of 25.98, a PEG ratio of 1.57 and a beta of 0.66.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings results on Tuesday, October 17th. The healthcare conglomerate reported $2.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.57 by $0.09. UnitedHealth Group had a net margin of 4.50% and a return on equity of 21.52%. The business had revenue of $50.32 billion during the quarter, compared to analyst estimates of $50.38 billion. During the same period in the previous year, the business posted $2.17 EPS. The company’s quarterly revenue was up 8.7% on a year-over-year basis. analysts anticipate that UnitedHealth Group Inc will post 9.99 earnings per share for the current fiscal year.

A number of equities analysts have recently commented on the stock. Leerink Swann reissued a “buy” rating and issued a $240.00 target price (up previously from $225.00) on shares of UnitedHealth Group in a research note on Wednesday, October 18th. Zacks Investment Research raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $219.00 target price on the stock in a research note on Thursday, September 21st. Cantor Fitzgerald raised their target price on shares of UnitedHealth Group to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Oppenheimer raised their target price on shares of UnitedHealth Group from $215.00 to $205.00 and gave the company an “outperform” rating in a research note on Wednesday, October 18th. Finally, Wells Fargo & Co reissued an “outperform” rating and issued a $245.00 target price (up previously from $230.00) on shares of UnitedHealth Group in a research note on Wednesday, November 29th. Three equities research analysts have rated the stock with a hold rating and twenty-five have issued a buy rating to the company’s stock. UnitedHealth Group presently has an average rating of “Buy” and an average target price of $229.54.

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UnitedHealth Group Profile

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

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

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