Keeler Thomas Management LLC Has $5.63 Million Stake in UnitedHealth Group Incorporated (NYSE:UNH)

Keeler Thomas Management LLC cut its holdings in UnitedHealth Group Incorporated (NYSE:UNH) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,131 shares of the healthcare conglomerate’s stock after selling 198 shares during the quarter. UnitedHealth Group comprises approximately 2.0% of Keeler Thomas Management LLC’s holdings, making the stock its 19th largest position. Keeler Thomas Management LLC’s holdings in UnitedHealth Group were worth $5,631,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Commonwealth Retirement Investments LLC boosted its holdings in UnitedHealth Group by 1.6% in the fourth quarter. Commonwealth Retirement Investments LLC now owns 10,463 shares of the healthcare conglomerate’s stock worth $5,293,000 after purchasing an additional 168 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of UnitedHealth Group by 0.5% during the 4th quarter. Bank of New York Mellon Corp now owns 7,931,478 shares of the healthcare conglomerate’s stock worth $4,012,218,000 after acquiring an additional 36,394 shares in the last quarter. Fairhaven Wealth Management LLC increased its holdings in shares of UnitedHealth Group by 0.7% during the 4th quarter. Fairhaven Wealth Management LLC now owns 10,097 shares of the healthcare conglomerate’s stock valued at $5,108,000 after acquiring an additional 72 shares during the last quarter. Pine Valley Investments Ltd Liability Co lifted its holdings in UnitedHealth Group by 20.8% in the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 22,911 shares of the healthcare conglomerate’s stock worth $11,590,000 after purchasing an additional 3,948 shares during the last quarter. Finally, BankPlus Trust Department acquired a new position in UnitedHealth Group during the fourth quarter valued at approximately $1,459,000. Institutional investors and hedge funds own 87.86% of the company’s stock.

Analysts Set New Price Targets

UNH has been the topic of a number of research analyst reports. Stephens raised their target price on shares of UnitedHealth Group from $605.00 to $675.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. HSBC raised UnitedHealth Group from a “hold” rating to a “buy” rating and set a $595.00 price target on the stock in a research report on Friday, January 10th. Truist Financial lowered their target price on UnitedHealth Group from $625.00 to $610.00 and set a “buy” rating on the stock in a report on Monday, January 6th. KeyCorp reiterated an “overweight” rating and set a $650.00 price target on shares of UnitedHealth Group in a report on Friday, January 17th. Finally, 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. One research analyst has rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $629.32.

Insider Activity

In related news, Director Timothy Patrick Flynn purchased 1,000 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was acquired at an average price of $511.57 per share, with a total value of $511,570.00. Following the completion of the acquisition, the director now directly owns 4,500 shares in the company, valued at approximately $2,302,065. This trade represents a 28.57 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.33% of the stock is currently owned by corporate insiders.

UnitedHealth Group Price Performance

UnitedHealth Group stock opened at $461.09 on Tuesday. The business has a 50 day simple moving average of $518.52 and a 200 day simple moving average of $559.70. UnitedHealth Group Incorporated has a one year low of $436.38 and a one year high of $630.73. The company has a market capitalization of $424.33 billion, a PE ratio of 29.75, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91.

UnitedHealth Group (NYSE:UNH) last announced its earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.74 by $0.07. The business had revenue of $100.81 billion during the quarter, compared to analysts’ expectations of $101.60 billion. UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the company posted $5.83 EPS. On average, sell-side analysts forecast that UnitedHealth Group Incorporated will post 29.54 EPS for the current fiscal year.

UnitedHealth Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Monday, March 10th will be paid a $2.10 dividend. This represents a $8.40 dividend on an annualized basis and a yield of 1.82%. UnitedHealth Group’s dividend payout ratio is currently 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.