Lincoln National Corp Purchases 1,925 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Lincoln National Corp boosted its holdings in UnitedHealth Group Incorporated (NYSE:UNHGet Rating) by 23.6% in the third quarter, Holdings Channel reports. The institutional investor owned 10,086 shares of the healthcare conglomerate’s stock after buying an additional 1,925 shares during the period. Lincoln National Corp’s holdings in UnitedHealth Group were worth $5,094,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD grew its stake in shares of UnitedHealth Group by 17.8% in the second quarter. Price T Rowe Associates Inc. MD now owns 36,853,394 shares of the healthcare conglomerate’s stock worth $18,929,009,000 after purchasing an additional 5,556,335 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of UnitedHealth Group by 1,682.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,691,542 shares of the healthcare conglomerate’s stock worth $1,372,606,000 after acquiring an additional 2,540,538 shares during the last quarter. Great West Life Assurance Co. Can bought a new stake in UnitedHealth Group in the third quarter valued at approximately $537,996,000. Jennison Associates LLC raised its holdings in UnitedHealth Group by 28.3% during the 3rd quarter. Jennison Associates LLC now owns 4,752,598 shares of the healthcare conglomerate’s stock worth $2,400,252,000 after purchasing an additional 1,047,892 shares during the last quarter. Finally, FMR LLC boosted its stake in shares of UnitedHealth Group by 2.0% in the 2nd quarter. FMR LLC now owns 49,813,470 shares of the healthcare conglomerate’s stock valued at $25,585,693,000 after purchasing an additional 998,214 shares during the last quarter. 86.31% of the stock is owned by institutional investors.

UnitedHealth Group Trading Up 0.5 %

NYSE:UNH opened at $486.72 on Monday. The firm has a market cap of $454.77 billion, a price-to-earnings ratio of 22.97, a price-to-earnings-growth ratio of 1.37 and a beta of 0.73. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.82 and a current ratio of 0.77. The firm has a 50-day moving average price of $519.23 and a two-hundred day moving average price of $524.47. UnitedHealth Group Incorporated has a 52 week low of $445.73 and a 52 week high of $558.10.

UnitedHealth Group (NYSE:UNHGet Rating) last posted its quarterly earnings data on Friday, January 13th. The healthcare conglomerate reported $5.34 earnings per share for the quarter, topping the consensus estimate of $5.17 by $0.17. The business had revenue of $82.79 billion for the quarter, compared to analysts’ expectations of $82.53 billion. UnitedHealth Group had a return on equity of 27.04% and a net margin of 6.21%. The business’s revenue was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.48 earnings per share. On average, equities analysts expect that UnitedHealth Group Incorporated will post 24.9 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 13th. Investors of record on Monday, December 5th were issued a $1.65 dividend. The ex-dividend date was Friday, December 2nd. This represents a $6.60 dividend on an annualized basis and a dividend yield of 1.36%. UnitedHealth Group’s dividend payout ratio (DPR) is presently 31.15%.

Insider Buying and Selling at UnitedHealth Group

In other news, EVP Erin Mcsweeney sold 450 shares of UnitedHealth Group stock in a transaction dated Wednesday, December 7th. The shares were sold at an average price of $542.30, for a total value of $244,035.00. Following the completion of the transaction, the executive vice president now owns 8,736 shares in the company, valued at $4,737,532.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.40% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have commented on UNH. UBS Group cut their price target on shares of UnitedHealth Group from $590.00 to $550.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 18th. Loop Capital boosted their price target on UnitedHealth Group from $575.00 to $590.00 in a research note on Tuesday, January 17th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of UnitedHealth Group from $569.00 to $615.00 and gave the company a “buy” rating in a research note on Tuesday, October 18th. StockNews.com began coverage on shares of UnitedHealth Group in a research note on Wednesday, October 12th. They issued a “strong-buy” rating for the company. Finally, Raymond James downgraded UnitedHealth Group from a “strong-buy” rating to an “outperform” rating and set a $615.00 target price for the company. in a research note on Monday, November 21st. Three equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, UnitedHealth Group has a consensus rating of “Moderate Buy” and an average target price of $599.28.

UnitedHealth Group Company Profile

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UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It 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 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 and health care programs; health and dental benefits; and hospital and clinical services.

Further Reading

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

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