UnitedHealth Group Incorporated (NYSE:UNH) Shares Bought by Sowell Financial Services LLC

Sowell Financial Services LLC grew its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 8.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,732 shares of the healthcare conglomerate’s stock after purchasing an additional 1,282 shares during the period. Sowell Financial Services LLC’s holdings in UnitedHealth Group were worth $5,517,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UNH. JJJ Advisors Inc. increased its position in UnitedHealth Group by 1,820.0% during the 3rd quarter. JJJ Advisors Inc. now owns 96 shares of the healthcare conglomerate’s stock worth $30,000 after purchasing an additional 91 shares during the period. Front Row Advisors LLC increased its position in UnitedHealth Group by 288.0% during the 3rd quarter. Front Row Advisors LLC now owns 97 shares of the healthcare conglomerate’s stock worth $33,000 after purchasing an additional 72 shares during the period. Knuff & Co LLC increased its position in UnitedHealth Group by 666.7% during the 3rd quarter. Knuff & Co LLC now owns 115 shares of the healthcare conglomerate’s stock worth $36,000 after purchasing an additional 100 shares during the period. Old North State Trust LLC acquired a new stake in shares of UnitedHealth Group in the 3rd quarter worth approximately $39,000. Finally, Ossiam grew its holdings in shares of UnitedHealth Group by 42.5% in the 3rd quarter. Ossiam now owns 124 shares of the healthcare conglomerate’s stock worth $39,000 after acquiring an additional 37 shares during the period. Institutional investors own 86.39% of the company’s stock.

In other UnitedHealth Group news, EVP Marianne D. Short sold 9,681 shares of the firm’s stock in a transaction dated Tuesday, December 29th. The stock was sold at an average price of $348.00, for a total value of $3,368,988.00. Following the transaction, the executive vice president now directly owns 167,202 shares of the company’s stock, valued at $58,186,296. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephen J. Hemsley sold 98,579 shares of the firm’s stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $329.47, for a total value of $32,478,823.13. The disclosure for this sale can be found here. Insiders sold 130,253 shares of company stock worth $43,485,730 over the last three months. 0.80% of the stock is currently owned by corporate insiders.

A number of equities research analysts recently weighed in on the company. SVB Leerink upped their price target on UnitedHealth Group from $378.00 to $390.00 and gave the stock an “outperform” rating in a report on Monday, December 14th. Deutsche Bank Aktiengesellschaft upped their price target on UnitedHealth Group from $359.00 to $404.00 and gave the stock a “buy” rating in a report on Thursday, January 7th. UBS Group upped their price target on UnitedHealth Group from $319.00 to $330.00 and gave the stock a “neutral” rating in a report on Friday, October 16th. Barclays upped their price target on UnitedHealth Group from $322.00 to $365.00 and gave the stock an “overweight” rating in a report on Tuesday, October 13th. Finally, Oppenheimer increased their target price on UnitedHealth Group from $353.00 to $375.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. Seven research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. UnitedHealth Group presently has an average rating of “Buy” and an average price target of $383.50.

Shares of UNH opened at $355.04 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.84 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $336.87 billion, a P/E ratio of 20.39, a price-to-earnings-growth ratio of 1.53 and a beta of 0.68. The stock’s fifty day simple moving average is $345.34 and its 200 day simple moving average is $322.90. UnitedHealth Group Incorporated has a twelve month low of $187.72 and a twelve month high of $367.95.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings data on Monday, October 19th. The healthcare conglomerate reported $3.51 EPS for the quarter, beating the consensus estimate of $2.98 by $0.53. UnitedHealth Group had a return on equity of 27.53% and a net margin of 6.62%. The company had revenue of $65.12 billion for the quarter, compared to analyst estimates of $63.97 billion. During the same period last year, the company posted $3.88 earnings per share. The firm’s revenue was up 7.9% compared to the same quarter last year. Sell-side analysts predict that UnitedHealth Group Incorporated will post 16.78 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 15th. Shareholders of record on Monday, December 7th were given a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 1.41%. The ex-dividend date was Friday, December 4th. UnitedHealth Group’s dividend payout ratio (DPR) is presently 33.09%.

UnitedHealth Group Company Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. 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 and well-being services to individuals age 50 and older, addressing their needs for preventive and acute health care services, as well as services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, Children's Health Insurance Program, and health care programs; medical and dental benefits; and health care delivery.

Further Reading: Margin

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

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