Investors Sell UnitedHealth Group Incorporated (UNH) on Strength (UNH)

Investors sold shares of UnitedHealth Group Incorporated (NYSE:UNH) on strength during trading on Tuesday. $60.18 million flowed into the stock on the tick-up and $102.37 million flowed out of the stock on the tick-down, for a money net flow of $42.19 million out of the stock. Of all equities tracked, UnitedHealth Group had the 0th highest net out-flow for the day. UnitedHealth Group traded up $0.12 for the day and closed at $194.90

Several equities analysts have recently weighed in on UNH shares. Zacks Investment Research downgraded shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Friday, May 19th. Deutsche Bank AG reissued a “buy” rating and issued a $187.00 price target (up from $183.00) on shares of UnitedHealth Group in a research note on Saturday, April 22nd. Cantor Fitzgerald reissued an “overweight” rating and issued a $208.00 price target on shares of UnitedHealth Group in a research note on Friday, July 21st. Vetr raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $186.50 price target on the stock in a research note on Tuesday, May 30th. Finally, CIBC raised their price objective on shares of UnitedHealth Group from $186.00 to $187.00 and gave the stock an “outperform” rating in a research report on Monday, April 24th. One analyst has rated the stock with a hold rating and twenty-four have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $203.41.

The firm has a 50 day moving average of $190.49 and a 200 day moving average of $175.87. The company has a market capitalization of $184.50 billion, a price-to-earnings ratio of 22.92 and a beta of 0.64.

UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings results on Tuesday, July 18th. The healthcare conglomerate reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.38 by $0.08. UnitedHealth Group had a return on equity of 21.52% and a net margin of 4.32%. The business had revenue of $50.05 billion for the quarter, compared to analyst estimates of $49.97 billion. During the same quarter in the prior year, the firm posted $1.96 earnings per share. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. Analysts expect that UnitedHealth Group Incorporated will post $9.87 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Friday, September 8th will be issued a $0.75 dividend. The ex-dividend date is Thursday, September 7th. This represents a $3.00 dividend on an annualized basis and a yield of 1.57%. UnitedHealth Group’s dividend payout ratio is presently 35.13%.

In other UnitedHealth Group news, Director William C. Ballard, Jr. sold 5,000 shares of the stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $193.98, for a total value of $969,900.00. Following the completion of the sale, the director now directly owns 76,058 shares in the company, valued at $14,753,730.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gail R. Wilensky sold 5,540 shares of the stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $178.74, for a total value of $990,219.60. Following the completion of the sale, the director now owns 60,516 shares of the company’s stock, valued at $10,816,629.84. The disclosure for this sale can be found here. Insiders sold 15,540 shares of company stock valued at $2,873,320 in the last quarter. 0.89% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Patriot Financial Group Insurance Agency LLC boosted its position in UnitedHealth Group by 1,722.9% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 638 shares of the healthcare conglomerate’s stock valued at $106,000 after buying an additional 603 shares in the last quarter. Blue Chip Partners Inc. bought a new position in shares of UnitedHealth Group during the second quarter valued at approximately $110,000. Cribstone Capital Management LLC boosted its position in shares of UnitedHealth Group by 22.6% in the first quarter. Cribstone Capital Management LLC now owns 678 shares of the healthcare conglomerate’s stock valued at $113,000 after buying an additional 125 shares during the period. Kings Point Capital Management boosted its position in shares of UnitedHealth Group by 27.9% in the first quarter. Kings Point Capital Management now owns 687 shares of the healthcare conglomerate’s stock valued at $113,000 after buying an additional 150 shares during the period. Finally, Bruderman Asset Management LLC bought a new position in shares of UnitedHealth Group during the second quarter valued at approximately $114,000. 86.21% of the stock is owned by institutional investors.

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About UnitedHealth Group

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

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