Harrell Investment Partners LLC lifted its position in UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 104.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,713 shares of the healthcare conglomerate’s stock after buying an additional 7,007 shares during the quarter. UnitedHealth Group comprises approximately 1.9% of Harrell Investment Partners LLC’s holdings, making the stock its 15th biggest position. Harrell Investment Partners LLC’s holdings in UnitedHealth Group were worth $6,937,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently added to or reduced their stakes in UNH. Clarendon Private LLC bought a new stake in shares of UnitedHealth Group in the 4th quarter valued at about $1,307,000. Crescent Grove Advisors LLC lifted its position in shares of UnitedHealth Group by 5.5% in the fourth quarter. Crescent Grove Advisors LLC now owns 1,251 shares of the healthcare conglomerate’s stock valued at $633,000 after buying an additional 65 shares during the last quarter. KFG Wealth Management LLC increased its holdings in shares of UnitedHealth Group by 8.6% during the 4th quarter. KFG Wealth Management LLC now owns 2,036 shares of the healthcare conglomerate’s stock worth $1,030,000 after acquiring an additional 162 shares during the last quarter. Jamison Private Wealth Management Inc. boosted its position in UnitedHealth Group by 11.9% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 1,371 shares of the healthcare conglomerate’s stock worth $693,000 after purchasing an additional 146 shares during the period. Finally, Blue Square Asset Management LLC raised its position in shares of UnitedHealth Group by 2.5% in the fourth quarter. Blue Square Asset Management LLC now owns 5,245 shares of the healthcare conglomerate’s stock valued at $2,653,000 after purchasing an additional 127 shares during the period. Institutional investors and hedge funds own 87.86% of the company’s stock.
UnitedHealth Group Trading Up 0.5 %
NYSE UNH opened at $532.26 on Monday. UnitedHealth Group Incorporated has a twelve month low of $436.38 and a twelve month high of $630.73. The business’s fifty day moving average is $541.04 and its 200 day moving average is $564.34. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. The company has a market cap of $489.83 billion, a price-to-earnings ratio of 34.34, a price-to-earnings-growth ratio of 1.41 and a beta of 0.62.
UnitedHealth Group Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were paid a $2.10 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $8.40 annualized dividend and a dividend yield of 1.58%. UnitedHealth Group’s payout ratio is 54.19%.
Analyst Ratings Changes
Several research analysts have weighed in on UNH shares. Morgan Stanley lowered their price target on shares of UnitedHealth Group from $615.00 to $610.00 and set an “overweight” rating on the stock in a report on Wednesday, October 16th. TD Cowen boosted their price target on UnitedHealth Group from $601.00 to $609.00 and gave the company a “buy” rating in a research note on Friday, October 18th. Deutsche Bank Aktiengesellschaft increased their price objective on UnitedHealth Group from $595.00 to $625.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Hsbc Global Res raised shares of UnitedHealth Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 10th. Finally, HSBC upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $595.00 target price on the stock in a research report on Friday, January 10th. One analyst has rated the stock with a hold rating, twenty have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $627.74.
Get Our Latest Analysis on UNH
Insider Buying and Selling
In other news, Director Timothy Patrick Flynn purchased 1,000 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were purchased at an average price of $511.57 per share, for a total transaction of $511,570.00. Following the transaction, the director now owns 4,500 shares of the company’s stock, valued at approximately $2,302,065. This trade represents a 28.57 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.33% of the stock is owned by insiders.
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.
Further Reading
- Five stocks we like better than UnitedHealth Group
- What is the S&P/TSX Index?
- MP Materials: Rare Earth Elements Powering the EV Boom
- How to Use the MarketBeat Excel Dividend Calculator
- Verizon’s Turnaround Gains Traction: New Highs Are Likely in 2025
- What Are the U.K. Market Holidays? How to Invest and Trade
- Bloom Energy: Powering the Future With Decentralized Energy
Want to see what other hedge funds are holding UNH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UnitedHealth Group Incorporated (NYSE:UNH – Free Report).
Receive News & Ratings for UnitedHealth Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UnitedHealth Group and related companies with MarketBeat.com's FREE daily email newsletter.