Teamwork Financial Advisors LLC Has $323,000 Holdings in UnitedHealth Group Incorporated (NYSE:UNH)

Teamwork Financial Advisors LLC lifted its position in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 6.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 639 shares of the healthcare conglomerate’s stock after buying an additional 41 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in UnitedHealth Group were worth $323,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Asset Planning Services Inc. LA ADV lifted its stake in shares of UnitedHealth Group by 1.7% in the 4th quarter. Asset Planning Services Inc. LA ADV now owns 12,680 shares of the healthcare conglomerate’s stock valued at $6,414,000 after purchasing an additional 215 shares during the period. Echo45 Advisors LLC lifted its stake in UnitedHealth Group by 6.5% in the fourth quarter. Echo45 Advisors LLC now owns 619 shares of the healthcare conglomerate’s stock valued at $318,000 after buying an additional 38 shares during the period. True North Advisors LLC grew its position in shares of UnitedHealth Group by 54.7% during the 4th quarter. True North Advisors LLC now owns 1,760 shares of the healthcare conglomerate’s stock worth $890,000 after buying an additional 622 shares during the period. Independent Wealth Network Inc. lifted its position in shares of UnitedHealth Group by 27.8% during the 4th quarter. Independent Wealth Network Inc. now owns 464 shares of the healthcare conglomerate’s stock valued at $235,000 after acquiring an additional 101 shares during the period. Finally, Wesbanco Bank Inc. grew its holdings in UnitedHealth Group by 4.8% in the fourth quarter. Wesbanco Bank Inc. now owns 51,868 shares of the healthcare conglomerate’s stock worth $26,238,000 after purchasing an additional 2,365 shares during the period. Institutional investors and hedge funds own 87.86% of the company’s stock.

UnitedHealth Group Stock Up 1.8 %

Shares of NYSE:UNH opened at $528.94 on Friday. The business has a fifty day moving average price of $543.52 and a two-hundred day moving average price of $563.78. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91. The company has a market capitalization of $486.77 billion, a PE ratio of 34.12, a price-to-earnings-growth ratio of 1.41 and a beta of 0.62. UnitedHealth Group Incorporated has a 1 year low of $436.38 and a 1 year high of $630.73.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings data on Thursday, January 16th. The healthcare conglomerate reported $6.81 EPS for the quarter, topping the consensus estimate of $6.74 by $0.07. UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. The business had revenue of $100.81 billion for the quarter, compared to analyst estimates of $101.60 billion. During the same quarter in the previous year, the firm posted $5.83 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. Analysts forecast that UnitedHealth Group Incorporated will post 29.74 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were paid a dividend of $2.10 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $8.40 annualized dividend and a dividend yield of 1.59%. UnitedHealth Group’s payout ratio is 54.19%.

Insider Activity at UnitedHealth Group

In other UnitedHealth Group news, Director Timothy Patrick Flynn bought 1,000 shares of the stock in a transaction on Friday, January 17th. The shares were acquired at an average price of $511.57 per share, with a total value of $511,570.00. Following the acquisition, the director now directly owns 4,500 shares of the company’s stock, valued at $2,302,065. The trade was a 28.57 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.33% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Truist Financial cut their price objective on shares of UnitedHealth Group from $625.00 to $610.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. Stephens raised their price objective on UnitedHealth Group from $605.00 to $675.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Piper Sandler cut their target price on UnitedHealth Group from $605.00 to $600.00 and set an “overweight” rating on the stock in a report on Thursday, January 2nd. Cantor Fitzgerald restated an “overweight” rating and set a $700.00 price objective on shares of UnitedHealth Group in a report on Friday, January 17th. Finally, Royal Bank of Canada reduced their price objective on shares of UnitedHealth Group from $615.00 to $595.00 and set an “outperform” rating for the company in a report on Wednesday, October 16th. One analyst has rated the stock with a hold rating, twenty have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $627.74.

UnitedHealth Group Company Profile

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.