170 Shares in UnitedHealth Group Inc (UNH) Purchased by Laurel Wealth Advisors LLC

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Laurel Wealth Advisors LLC purchased a new stake in UnitedHealth Group Inc (NYSE:UNH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 170 shares of the healthcare conglomerate’s stock, valued at approximately $42,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UNH. Oregon Public Employees Retirement Fund grew its position in shares of UnitedHealth Group by 50,446.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 53,349,795 shares of the healthcare conglomerate’s stock valued at $214,000 after buying an additional 53,244,249 shares during the last quarter. Capital International Investors grew its position in shares of UnitedHealth Group by 223.0% in the 3rd quarter. Capital International Investors now owns 16,319,843 shares of the healthcare conglomerate’s stock valued at $4,341,731,000 after buying an additional 11,267,910 shares during the last quarter. Rehmann Capital Advisory Group grew its position in shares of UnitedHealth Group by 26,088.2% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,723,185 shares of the healthcare conglomerate’s stock valued at $6,477,000 after buying an additional 1,716,605 shares during the last quarter. FMR LLC grew its position in shares of UnitedHealth Group by 2.6% in the 3rd quarter. FMR LLC now owns 63,247,814 shares of the healthcare conglomerate’s stock valued at $16,826,448,000 after buying an additional 1,625,459 shares during the last quarter. Finally, Vanguard Group Inc grew its position in shares of UnitedHealth Group by 1.6% in the 3rd quarter. Vanguard Group Inc now owns 69,342,549 shares of the healthcare conglomerate’s stock valued at $18,447,892,000 after buying an additional 1,073,505 shares during the last quarter. Hedge funds and other institutional investors own 85.61% of the company’s stock.

In related news, Director Gail R. Wilensky sold 2,930 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $253.39, for a total transaction of $742,432.70. Following the transaction, the director now directly owns 64,726 shares of the company’s stock, valued at approximately $16,400,921.14. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Richard T. Burke sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $257.32, for a total value of $1,286,600.00. Following the transaction, the director now directly owns 182,454 shares in the company, valued at $46,949,063.28. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 32,930 shares of company stock worth $8,495,383. 0.87% of the stock is owned by company insiders.

Shares of UnitedHealth Group stock opened at $252.02 on Friday. UnitedHealth Group Inc has a one year low of $212.49 and a one year high of $287.94. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market cap of $246.73 billion, a P/E ratio of 19.57, a price-to-earnings-growth ratio of 1.32 and a beta of 0.79.

UnitedHealth Group (NYSE:UNH) last announced its earnings results on Tuesday, January 15th. The healthcare conglomerate reported $3.28 EPS for the quarter, beating the consensus estimate of $3.20 by $0.08. UnitedHealth Group had a return on equity of 24.38% and a net margin of 5.30%. The company had revenue of $58.42 billion for the quarter, compared to analyst estimates of $58.01 billion. During the same quarter in the prior year, the company earned $2.59 EPS. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. Equities research analysts expect that UnitedHealth Group Inc will post 14.62 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Monday, March 11th were paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend was Friday, March 8th. UnitedHealth Group’s dividend payout ratio (DPR) is currently 27.95%.

UNH has been the topic of a number of analyst reports. Zacks Investment Research upgraded UnitedHealth Group from a “hold” rating to a “buy” rating and set a $292.00 price target on the stock in a research report on Monday, November 26th. BMO Capital Markets set a $310.00 price target on UnitedHealth Group and gave the company a “buy” rating in a research report on Tuesday, November 27th. Piper Jaffray Companies upped their price target on UnitedHealth Group to $312.00 and gave the company an “overweight” rating in a research report on Wednesday, November 28th. Oppenheimer upped their price target on UnitedHealth Group from $295.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, November 28th. Finally, Raymond James set a $310.00 price target on UnitedHealth Group and gave the company a “buy” rating in a research report on Wednesday, November 28th. Three analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $297.80.

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UnitedHealth Group Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. 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 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; and Medicaid plans, Children's Health Insurance Program, and health care programs; and health and dental benefits.

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

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