Traders Sell Shares of UnitedHealth Group (UNH) on Strength (UNH)

Investors sold shares of UnitedHealth Group Inc (NYSE:UNH) on strength during trading on Tuesday. $114.15 million flowed into the stock on the tick-up and $164.30 million flowed out of the stock on the tick-down, for a money net flow of $50.15 million out of the stock. Of all stocks tracked, UnitedHealth Group had the 0th highest net out-flow for the day. UnitedHealth Group traded up $1.12 for the day and closed at $225.88

A number of brokerages have commented on UNH. Jefferies Group reaffirmed a “buy” rating and set a $248.00 price target on shares of UnitedHealth Group in a research report on Friday, December 1st. Leerink Swann reaffirmed an “outperform” rating on shares of UnitedHealth Group in a research report on Friday, December 1st. Sanford C. Bernstein upped their price target on shares of UnitedHealth Group from $219.00 to $246.00 and gave the company an “outperform” rating in a research report on Friday, December 1st. Goldman Sachs Group began coverage on shares of UnitedHealth Group in a research report on Wednesday, January 3rd. They set a “buy” rating and a $269.00 price target on the stock. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and set a $235.00 price target on shares of UnitedHealth Group in a research report on Monday, December 25th. Three analysts have rated the stock with a hold rating and twenty-five have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $226.74.

The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $216,770.00, a price-to-earnings ratio of 25.48, a price-to-earnings-growth ratio of 1.57 and a beta of 0.66.

UnitedHealth Group (NYSE:UNH) last posted its earnings results on Tuesday, October 17th. The healthcare conglomerate reported $2.66 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $50.38 billion. During the same quarter in the prior year, the business posted $2.17 EPS. The firm’s revenue was up 8.7% compared to the same quarter last year. equities research analysts expect that UnitedHealth Group Inc will post 9.99 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 12th. Investors of record on Friday, December 1st were issued a $0.75 dividend. The ex-dividend date was Thursday, November 30th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.34%. UnitedHealth Group’s dividend payout ratio is presently 34.09%.

In related news, CEO Larry C. Renfro sold 22,598 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $221.75, for a total value of $5,011,106.50. Following the sale, the chief executive officer now owns 195,314 shares in the company, valued at approximately $43,310,879.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gail R. Wilensky sold 5,600 shares of the stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $223.31, for a total transaction of $1,250,536.00. Following the completion of the sale, the director now owns 61,137 shares of the company’s stock, valued at approximately $13,652,503.47. The disclosure for this sale can be found here. Insiders sold a total of 34,630 shares of company stock worth $7,669,416 in the last 90 days. 0.89% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of the business. Regal Wealth Group Inc. increased its stake in UnitedHealth Group by 0.4% in the 2nd quarter. Regal Wealth Group Inc. now owns 746 shares of the healthcare conglomerate’s stock valued at $138,000 after buying an additional 3 shares during the last quarter. Jackson Grant Investment Advisers Inc. increased its stake in UnitedHealth Group by 0.4% in the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 1,101 shares of the healthcare conglomerate’s stock valued at $204,000 after buying an additional 4 shares during the last quarter. RB Capital Management LLC increased its stake in UnitedHealth Group by 0.4% in the 2nd quarter. RB Capital Management LLC now owns 1,732 shares of the healthcare conglomerate’s stock valued at $321,000 after buying an additional 7 shares during the last quarter. RNC Capital Management LLC increased its stake in UnitedHealth Group by 0.7% in the 2nd quarter. RNC Capital Management LLC now owns 1,940 shares of the healthcare conglomerate’s stock valued at $360,000 after buying an additional 13 shares during the last quarter. Finally, Highland Private Wealth Management increased its stake in UnitedHealth Group by 0.4% in the 2nd quarter. Highland Private Wealth Management now owns 3,199 shares of the healthcare conglomerate’s stock valued at $593,000 after buying an additional 13 shares during the last quarter. Hedge funds and other institutional investors own 86.01% of the company’s stock.

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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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