Curran Financial Partners LLC Acquires 143 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Curran Financial Partners LLC grew its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 24.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 727 shares of the healthcare conglomerate’s stock after purchasing an additional 143 shares during the quarter. Curran Financial Partners LLC’s holdings in UnitedHealth Group were worth $368,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of UNH. Parkside Investments LLC raised its position in shares of UnitedHealth Group by 5.6% in the fourth quarter. Parkside Investments LLC now owns 1,477 shares of the healthcare conglomerate’s stock valued at $747,000 after purchasing an additional 78 shares during the period. McLean Asset Management Corp boosted its holdings in UnitedHealth Group by 3.1% during the fourth quarter. McLean Asset Management Corp now owns 2,142 shares of the healthcare conglomerate’s stock valued at $1,083,000 after acquiring an additional 65 shares during the period. Webster Bank N. A. increased its stake in shares of UnitedHealth Group by 3.7% in the fourth quarter. Webster Bank N. A. now owns 1,982 shares of the healthcare conglomerate’s stock worth $1,003,000 after purchasing an additional 71 shares during the period. Pacer Advisors Inc. grew its holdings in UnitedHealth Group by 6.2% in the 4th quarter. Pacer Advisors Inc. now owns 73,275 shares of the healthcare conglomerate’s stock valued at $37,067,000 after buying an additional 4,295 shares during the last quarter. Finally, Center For Asset Management LLC lifted its holdings in shares of UnitedHealth Group by 46.0% during the fourth quarter. Center For Asset Management LLC now owns 609 shares of the healthcare conglomerate’s stock worth $308,000 after buying an additional 192 shares during the last quarter. 87.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

UNH has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upped their target price on shares of UnitedHealth Group from $595.00 to $625.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Morgan Stanley decreased their target price on UnitedHealth Group from $615.00 to $610.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 16th. TD Cowen raised their price objective on UnitedHealth Group from $601.00 to $609.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. HSBC upgraded UnitedHealth Group from a “hold” rating to a “buy” rating and set a $595.00 target price for the company in a research note on Friday, January 10th. Finally, Piper Sandler lowered their price target on shares of UnitedHealth Group from $605.00 to $600.00 and set an “overweight” rating on the stock in a report on Thursday, January 2nd. One investment analyst has rated the stock with a hold rating, twenty have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, UnitedHealth Group has a consensus rating of “Buy” and an average price target of $627.74.

UnitedHealth Group Stock Up 0.5 %

Shares of NYSE UNH opened at $532.26 on Monday. 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 Incorporated has a 12-month low of $436.38 and a 12-month high of $630.73. The firm’s 50-day simple moving average is $541.04 and its 200 day simple moving average is $564.79.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings data on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.07. The firm 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%. UnitedHealth Group’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.83 EPS. On average, research analysts expect that UnitedHealth Group Incorporated will post 29.74 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were given a dividend of $2.10 per share. This represents a $8.40 annualized dividend and a dividend yield of 1.58%. The ex-dividend date was Monday, December 9th. UnitedHealth Group’s dividend payout ratio is 54.19%.

Insider Activity at UnitedHealth Group

In related news, Director Timothy Patrick Flynn purchased 1,000 shares of the business’s stock in a transaction dated Friday, January 17th. The shares were bought at an average price of $511.57 per share, with a total value 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 position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.33% of the stock is currently owned by company insiders.

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.