United Services Automobile Association Acquires 3,513 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

United Services Automobile Association boosted its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,940 shares of the healthcare conglomerate’s stock after purchasing an additional 3,513 shares during the period. UnitedHealth Group comprises approximately 1.2% of United Services Automobile Association’s investment portfolio, making the stock its 22nd biggest position. United Services Automobile Association’s holdings in UnitedHealth Group were worth $36,392,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Twin City Private Wealth LLC lifted its position in shares of UnitedHealth Group by 2.0% in the 4th quarter. Twin City Private Wealth LLC now owns 1,293 shares of the healthcare conglomerate’s stock worth $654,000 after purchasing an additional 25 shares during the period. Napatree Capital LLC boosted its position in UnitedHealth Group by 16.5% during the fourth quarter. Napatree Capital LLC now owns 629 shares of the healthcare conglomerate’s stock valued at $318,000 after acquiring an additional 89 shares during the last quarter. Meridian Wealth Advisors LLC raised its position in shares of UnitedHealth Group by 0.9% in the 4th quarter. Meridian Wealth Advisors LLC now owns 13,193 shares of the healthcare conglomerate’s stock worth $6,674,000 after acquiring an additional 115 shares in the last quarter. Richwood Investment Advisors LLC boosted its position in shares of UnitedHealth Group by 0.4% during the 4th quarter. Richwood Investment Advisors LLC now owns 5,247 shares of the healthcare conglomerate’s stock valued at $2,654,000 after purchasing an additional 20 shares in the last quarter. Finally, Banco de Sabadell S.A increased its holdings in UnitedHealth Group by 1.3% in the fourth quarter. Banco de Sabadell S.A now owns 7,006 shares of the healthcare conglomerate’s stock worth $3,546,000 after purchasing an additional 92 shares in the last quarter. 87.86% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on UNH shares. KeyCorp reiterated an “overweight” rating and issued a $650.00 price objective on shares of UnitedHealth Group in a research note on Friday, January 17th. Cantor Fitzgerald reissued an “overweight” rating and set a $700.00 price objective on shares of UnitedHealth Group in a research report on Friday, January 17th. 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 note on Friday, January 10th. StockNews.com raised UnitedHealth Group from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. Finally, Oppenheimer boosted their price target on shares of UnitedHealth Group from $610.00 to $640.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Twenty analysts have rated the stock with 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 a consensus price target of $629.32.

Insider Buying and Selling

In related news, Director Timothy Patrick Flynn bought 1,000 shares of the business’s stock in a transaction on Friday, January 17th. The stock was acquired at an average price of $511.57 per share, for a total transaction of $511,570.00. Following the purchase, the director now directly owns 4,500 shares in the company, valued at $2,302,065. This trade represents a 28.57 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.33% of the stock is owned by insiders.

UnitedHealth Group Trading Up 1.3 %

NYSE UNH opened at $517.72 on Monday. The stock has a market capitalization of $473.57 billion, a price-to-earnings ratio of 33.40, a PEG ratio of 1.37 and a beta of 0.62. The business’s fifty day moving average is $510.19 and its 200-day moving average is $546.71. 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 Incorporated has a one year low of $436.38 and a one year high of $630.73.

UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share (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 company had revenue of $100.81 billion during the quarter, compared to analyst estimates of $101.60 billion. During the same quarter last year, the business posted $5.83 EPS. UnitedHealth Group’s quarterly revenue was up 6.8% compared to the same quarter last year. Equities research analysts predict that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were given a $2.10 dividend. This represents a $8.40 annualized dividend and a dividend yield of 1.62%. The ex-dividend date was Monday, March 10th. UnitedHealth Group’s dividend payout ratio (DPR) is currently 54.19%.

UnitedHealth Group 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.