UnitedHealth Group Incorporated $UNH Stock: Retirement Systems of Alabama Grows Holdings

Retirement Systems of Alabama boosted its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 140.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 457,848 shares of the healthcare conglomerate’s stock after buying an additional 267,068 shares during the quarter. Retirement Systems of Alabama’s holdings in UnitedHealth Group were worth $168,067,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Wellington Altus USA Inc. lifted its position in shares of UnitedHealth Group by 97.1% in the second quarter. Wellington Altus USA Inc. now owns 67 shares of the healthcare conglomerate’s stock valued at $28,000 after acquiring an additional 33 shares in the last quarter. Security National Bank of SO Dak purchased a new stake in shares of UnitedHealth Group during the second quarter worth approximately $29,000. Nvwm LLC raised its stake in UnitedHealth Group by 89.2% in the 3rd quarter. Nvwm LLC now owns 70 shares of the healthcare conglomerate’s stock valued at $26,000 after purchasing an additional 33 shares during the last quarter. Aberdeen Wealth Management LLC purchased a new position in UnitedHealth Group in the 2nd quarter valued at $31,000. Finally, Compass Wealth Management LLC acquired a new stake in UnitedHealth Group during the 3rd quarter worth $29,000. 87.86% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on UNH shares. Wells Fargo & Company dropped their target price on shares of UnitedHealth Group from $526.00 to $487.00 and set an “overweight” rating for the company in a report on Tuesday, October 27th. Bank of America reissued a “buy” rating and issued a $450.00 price target on shares of UnitedHealth Group in a research note on Monday, July 20th. Cantor Fitzgerald upped their price objective on shares of UnitedHealth Group from $440.00 to $495.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. TD Cowen reiterated a “hold” rating and issued a $402.00 price objective on shares of UnitedHealth Group in a report on Thursday, October 15th. Finally, New Street Research set a $402.00 target price on shares of UnitedHealth Group in a research note on Friday, October 9th. Twenty equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $463.93.

Insiders Place Their Bets

In other UnitedHealth Group news, CEO Patrick Conway sold 1,169 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $390.00, for a total value of $455,910.00. Following the transaction, the chief executive officer directly owned 15,328 shares in the company, valued at $5,977,920. The trade was a 7.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.19% of the stock is owned by insiders.

UnitedHealth Group Stock Up 0.7%

Shares of NYSE:UNH opened at $396.97 on Tuesday. UnitedHealth Group Incorporated has a 52-week low of $255.96 and a 52-week high of $461.62. The stock has a market cap of $355.70 billion, a P/E ratio of 22.67, a PEG ratio of 1.48 and a beta of 0.51. The business has a fifty day moving average of $390.68 and a two-hundred day moving average of $364.28. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 0.66.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings results on Tuesday, October 13th. The healthcare conglomerate reported $4.69 EPS for the quarter, topping the consensus estimate of $4.14 by $0.55. The business had revenue of $112.72 billion for the quarter, compared to analyst estimates of $111.31 billion. UnitedHealth Group had a return on equity of 17.95% and a net margin of 3.53%. The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.59 EPS. UnitedHealth Group has set its FY 2026 guidance at 20.500- EPS. On average, research analysts expect that UnitedHealth Group Incorporated will post 20.61 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, December 7th will be paid a dividend of $2.32 per share. The ex-dividend date of this dividend is Monday, December 7th. This represents a $9.28 dividend on an annualized basis and a yield of 2.3%. UnitedHealth Group’s payout ratio is 53.00%.

UnitedHealth Group Company Profile

UnitedHealth Group is a diversified health care company that provides health benefits and health services through two main businesses: UnitedHealthcare and Optum. UnitedHealthcare offers health insurance and related benefit plans to individuals, employers and government programs, including Medicare and Medicaid.

Optum provides services across the health care system, including care delivery, pharmacy services, pharmacy benefit management, health technology and data analytics. Its businesses serve consumers, health care providers, employers, health plans and government organizations.

Founded in 1977 as United HealthCare Corporation, the company is headquartered in Minnetonka, Minnesota.