A number of other research firms have also recently issued reports on UNH. Zacks Investment Research cut shares of UnitedHealth Group from a buy rating to a hold rating in a research report on Tuesday, October 10th. Cantor Fitzgerald reiterated a buy rating and set a $225.00 price objective on shares of UnitedHealth Group in a research report on Monday, November 27th. ValuEngine cut shares of UnitedHealth Group from a buy rating to a hold rating in a research report on Thursday, October 5th. Piper Jaffray Companies upped their price objective on shares of UnitedHealth Group to $228.00 and gave the stock an overweight rating in a research report on Tuesday, October 17th. Finally, Jefferies Group reiterated a buy rating and set a $248.00 price objective on shares of UnitedHealth Group in a research report on Friday, December 1st. Two research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. UnitedHealth Group presently has a consensus rating of Buy and an average target price of $243.22.
Shares of UnitedHealth Group (NYSE:UNH) opened at $243.35 on Thursday. UnitedHealth Group has a twelve month low of $156.49 and a twelve month high of $244.35. The company has a current ratio of 0.73, a quick ratio of 0.70 and a debt-to-equity ratio of 0.58. The firm has a market cap of $235,290.00, a P/E ratio of 22.72, a PEG ratio of 1.42 and a beta of 0.66.
In other UnitedHealth Group news, Director Kenneth Irwin Shine sold 457 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $211.03, for a total value of $96,440.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gail R. Wilensky sold 5,600 shares of the company’s stock in a transaction that occurred on 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 transaction, the director now owns 61,137 shares of the company’s stock, valued at $13,652,503.47. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,655 shares of company stock valued at $7,469,083. Corporate insiders own 0.89% of the company’s stock.
Large investors have recently bought and sold shares of the company. Blue Chip Partners Inc. bought a new stake in shares of UnitedHealth Group in the 2nd quarter valued at $110,000. Bruderman Asset Management LLC bought a new stake in shares of UnitedHealth Group in the 2nd quarter valued at $114,000. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its stake in shares of UnitedHealth Group by 433.3% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 640 shares of the healthcare conglomerate’s stock valued at $119,000 after purchasing an additional 520 shares during the last quarter. BDO Wealth Advisors LLC bought a new stake in shares of UnitedHealth Group in the 2nd quarter valued at $121,000. Finally, Acrospire Investment Management LLC boosted its stake in shares of UnitedHealth Group by 130.7% in the 2nd quarter. Acrospire Investment Management LLC now owns 706 shares of the healthcare conglomerate’s stock valued at $131,000 after purchasing an additional 400 shares during the last quarter. 86.09% of the stock is currently 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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