Mitsubishi UFJ Securities Holdings Co. Ltd. Buys 520 Shares of UnitedHealth Group Incorporated (UNH)

Mitsubishi UFJ Securities Holdings Co. Ltd. raised its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 433.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 640 shares of the healthcare conglomerate’s stock after purchasing an additional 520 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd.’s holdings in UnitedHealth Group were worth $119,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Boys Arnold & Co. Inc. grew its holdings in UnitedHealth Group by 7.2% during the second quarter. Boys Arnold & Co. Inc. now owns 9,351 shares of the healthcare conglomerate’s stock valued at $1,734,000 after purchasing an additional 625 shares during the period. Canandaigua National Bank & Trust Co. grew its holdings in UnitedHealth Group by 16.9% during the second quarter. Canandaigua National Bank & Trust Co. now owns 2,210 shares of the healthcare conglomerate’s stock valued at $410,000 after purchasing an additional 319 shares during the period. Penserra Capital Management LLC grew its holdings in UnitedHealth Group by 12.5% during the second quarter. Penserra Capital Management LLC now owns 2,700 shares of the healthcare conglomerate’s stock valued at $500,000 after purchasing an additional 300 shares during the period. Intrust Bank NA grew its holdings in UnitedHealth Group by 6.8% during the second quarter. Intrust Bank NA now owns 8,529 shares of the healthcare conglomerate’s stock valued at $1,582,000 after purchasing an additional 541 shares during the period. Finally, GHP Investment Advisors Inc. grew its holdings in UnitedHealth Group by 3.2% during the second quarter. GHP Investment Advisors Inc. now owns 8,053 shares of the healthcare conglomerate’s stock valued at $1,493,000 after purchasing an additional 248 shares during the period. 86.09% of the stock is owned by institutional investors and hedge funds.

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Shares of UnitedHealth Group Incorporated (NYSE:UNH) opened at 212.60 on Monday. The firm’s 50-day moving average price is $198.85 and its 200-day moving average price is $187.48. The stock has a market capitalization of $210.26 billion, a P/E ratio of 24.14 and a beta of 0.63. UnitedHealth Group Incorporated has a 12 month low of $136.22 and a 12 month high of $212.77.

UnitedHealth Group (NYSE:UNH) last issued its earnings results on Tuesday, October 17th. The healthcare conglomerate reported $2.66 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.57 by $0.09. The business had revenue of $50.32 billion for the quarter, compared to analysts’ expectations of $50.38 billion. UnitedHealth Group had a return on equity of 21.52% and a net margin of 4.50%. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.17 EPS. On average, equities research analysts forecast that UnitedHealth Group Incorporated will post $9.99 EPS for the current year.

Several analysts have issued reports on the company. Mizuho reissued a “buy” rating on shares of UnitedHealth Group in a report on Tuesday, October 24th. Oppenheimer Holdings, Inc. boosted their price target on UnitedHealth Group from $215.00 to $205.00 and gave the company an “outperform” rating in a report on Wednesday, October 18th. Sanford C. Bernstein reissued an “outperform” rating and set a $219.00 price target (up previously from $210.00) on shares of UnitedHealth Group in a report on Thursday, October 19th. Argus boosted their price target on UnitedHealth Group from $215.00 to $230.00 and gave the company a “buy” rating in a report on Thursday, October 19th. Finally, Piper Jaffray Companies boosted their price target on UnitedHealth Group to $228.00 and gave the company an “overweight” rating in a report on Tuesday, October 17th. Three equities research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company. UnitedHealth Group has an average rating of “Buy” and an average target price of $215.27.

In other news, insider Thomas E. Roos sold 975 shares of the business’s stock in a transaction that occurred on Thursday, October 19th. The stock was sold at an average price of $205.47, for a total transaction of $200,333.25. Following the transaction, the insider now directly owns 24,630 shares in the company, valued at approximately $5,060,726.10. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Richard T. Burke sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $191.71, for a total value of $2,875,650.00. Following the transaction, the director now owns 1,818,898 shares in the company, valued at $348,700,935.58. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 77,149 shares of company stock worth $15,182,242. Insiders own 0.89% of the company’s stock.

UnitedHealth Group Profile

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

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