Liberty Capital Management Inc. Acquires 523 Shares of UnitedHealth Group Incorporated (UNH)

Liberty Capital Management Inc. lifted its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 3.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,373 shares of the healthcare conglomerate’s stock after buying an additional 523 shares during the quarter. UnitedHealth Group comprises 1.7% of Liberty Capital Management Inc.’s investment portfolio, making the stock its 16th biggest position. Liberty Capital Management Inc.’s holdings in UnitedHealth Group were worth $3,188,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in UNH. Blue Chip Partners Inc. bought a new stake in UnitedHealth Group during the 2nd quarter worth approximately $110,000. Kings Point Capital Management increased its holdings in UnitedHealth Group by 27.9% during the 1st quarter. Kings Point Capital Management now owns 687 shares of the healthcare conglomerate’s stock worth $113,000 after acquiring an additional 150 shares during the period. Bruderman Asset Management LLC bought a new stake in UnitedHealth Group during the 2nd quarter worth approximately $114,000. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in UnitedHealth Group by 433.3% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 640 shares of the healthcare conglomerate’s stock worth $119,000 after acquiring an additional 520 shares during the period. Finally, BDO Wealth Advisors LLC bought a new stake in UnitedHealth Group during the 2nd quarter worth approximately $121,000. Institutional investors own 85.97% of the company’s stock.

In other news, insider Thomas E. Roos sold 975 shares of the company’s stock in a transaction on Thursday, October 19th. The shares were sold at an average price of $205.47, for a total value of $200,333.25. Following the completion of the sale, the insider now owns 24,630 shares of the company’s stock, valued at approximately $5,060,726.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kenneth Irwin Shine sold 457 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $211.03, for a total transaction of $96,440.71. The disclosure for this sale can be found here. Insiders sold a total of 34,630 shares of company stock valued at $7,669,416 in the last ninety days. 0.89% of the stock is owned by corporate insiders.

A number of analysts recently weighed in on the stock. Wells Fargo & Co reaffirmed an “outperform” rating and set a $245.00 target price (up previously from $230.00) on shares of UnitedHealth Group in a report on Wednesday, November 29th. Leerink Swann reaffirmed an “outperform” rating on shares of UnitedHealth Group in a report on Friday, December 1st. BMO Capital Markets began coverage on shares of UnitedHealth Group in a report on Monday, October 16th. They issued an “outperform” rating and a $250.00 price target on the stock. Citigroup increased their price target on shares of UnitedHealth Group from $213.00 to $235.00 and gave the stock a “buy” rating in a report on Wednesday, October 18th. Finally, Jefferies Group reissued a “buy” rating and issued a $248.00 price target on shares of UnitedHealth Group in a report on Friday, December 1st. Three research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $224.56.

Shares of UnitedHealth Group Incorporated (NYSE UNH) opened at $220.00 on Friday. UnitedHealth Group Incorporated has a 12 month low of $156.09 and a 12 month high of $231.77. The stock has a market cap of $211,090.00, a price-to-earnings ratio of 25.00, a PEG ratio of 1.65 and a beta of 0.66. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.52.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings data on Tuesday, October 17th. The healthcare conglomerate reported $2.66 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.57 by $0.09. UnitedHealth Group had a net margin of 4.50% and a return on equity of 21.52%. The company had revenue of $50.32 billion during the quarter, compared to analysts’ expectations of $50.38 billion. During the same quarter in the prior year, the company earned $2.17 EPS. The firm’s revenue was up 8.7% on a year-over-year basis. analysts forecast that UnitedHealth Group Incorporated will post 9.99 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 12th. Stockholders of record on Friday, December 1st were paid a $0.75 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.36%. UnitedHealth Group’s dividend payout ratio (DPR) is 34.09%.

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UnitedHealth Group Company 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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