UnitedHealth Group Incorporated $UNH Stock Purchased by Red Cedar Investment Management LLC

Red Cedar Investment Management LLC grew its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 149.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,713 shares of the healthcare conglomerate’s stock after buying an additional 5,219 shares during the quarter. Red Cedar Investment Management LLC’s holdings in UnitedHealth Group were worth $3,198,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Montis Financial LLC boosted its stake in shares of UnitedHealth Group by 22.0% in the third quarter. Montis Financial LLC now owns 615 shares of the healthcare conglomerate’s stock valued at $226,000 after purchasing an additional 111 shares during the period. Gryphon Financial Partners LLC lifted its holdings in UnitedHealth Group by 0.7% in the 3rd quarter. Gryphon Financial Partners LLC now owns 30,935 shares of the healthcare conglomerate’s stock worth $11,356,000 after buying an additional 211 shares in the last quarter. Leuthold Group LLC purchased a new position in UnitedHealth Group in the 3rd quarter valued at about $925,000. Retirement Systems of Alabama grew its stake in shares of UnitedHealth Group by 140.0% during the third quarter. Retirement Systems of Alabama now owns 457,848 shares of the healthcare conglomerate’s stock valued at $168,067,000 after acquiring an additional 267,068 shares in the last quarter. Finally, Clear Wave Wealth Management LLC boosted its holdings in UnitedHealth Group by 4.1% in the third quarter. Clear Wave Wealth Management LLC now owns 1,592 shares of the healthcare conglomerate’s stock valued at $584,000 after purchasing an additional 62 shares during the last quarter. Hedge funds and other institutional investors own 87.86% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price objective on UnitedHealth Group from $370.00 to $467.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Mizuho increased their target price on UnitedHealth Group from $493.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, October 22nd. The Goldman Sachs Group raised their price target on shares of UnitedHealth Group from $435.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Erste Group Bank downgraded shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Thursday, August 27th. Finally, Morgan Stanley increased their price target on shares of UnitedHealth Group from $529.00 to $531.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 27th. Twenty research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, UnitedHealth Group has a consensus rating of “Moderate Buy” and an average target price of $463.93.

Insider Activity at UnitedHealth Group

In other news, CEO Patrick Conway sold 1,169 shares of UnitedHealth Group stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $390.00, for a total transaction of $455,910.00. Following the sale, the chief executive officer owned 15,328 shares of the company’s stock, valued at approximately $5,977,920. The trade was a 7.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.19% of the company’s stock.

UnitedHealth Group Price Performance

Shares of NYSE UNH opened at $396.97 on Tuesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.74 and a quick ratio of 0.78. The firm has a market capitalization of $355.70 billion, a PE ratio of 22.67, a P/E/G ratio of 1.48 and a beta of 0.51. UnitedHealth Group Incorporated has a 1-year low of $255.96 and a 1-year high of $461.62. The business’s fifty day moving average price is $390.68 and its two-hundred day moving average price is $364.28.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings results on Tuesday, October 13th. The healthcare conglomerate reported $4.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.14 by $0.55. UnitedHealth Group had a net margin of 3.53% and a return on equity of 17.95%. The company had revenue of $112.72 billion during the quarter, compared to the consensus estimate of $111.31 billion. During the same quarter in the previous year, the company posted $2.59 earnings per share. The company’s revenue for the quarter was down .4% compared to the same quarter last year. 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 EPS 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 given a $2.32 dividend. The ex-dividend date is Monday, December 7th. This represents a $9.28 annualized dividend and a yield of 2.3%. UnitedHealth Group’s dividend 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.