UnitedHealth Group Inc (NYSE:UNH) Stake Increased by Nicollet Investment Management Inc.

Nicollet Investment Management Inc. increased its stake in UnitedHealth Group Inc (NYSE:UNH) by 0.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 9,862 shares of the healthcare conglomerate’s stock after acquiring an additional 42 shares during the quarter. UnitedHealth Group accounts for about 1.4% of Nicollet Investment Management Inc.’s portfolio, making the stock its 22nd largest position. Nicollet Investment Management Inc.’s holdings in UnitedHealth Group were worth $2,899,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of UNH. Banco Santander S.A. boosted its holdings in UnitedHealth Group by 159.4% in the fourth quarter. Banco Santander S.A. now owns 220,432 shares of the healthcare conglomerate’s stock worth $64,803,000 after purchasing an additional 135,449 shares during the period. Nomura Holdings Inc. boosted its holdings in UnitedHealth Group by 474.5% in the third quarter. Nomura Holdings Inc. now owns 561,936 shares of the healthcare conglomerate’s stock worth $122,846,000 after purchasing an additional 464,121 shares during the period. IHT Wealth Management LLC boosted its holdings in UnitedHealth Group by 28.9% in the third quarter. IHT Wealth Management LLC now owns 3,671 shares of the healthcare conglomerate’s stock worth $816,000 after purchasing an additional 822 shares during the period. Penserra Capital Management LLC boosted its holdings in UnitedHealth Group by 40.4% in the third quarter. Penserra Capital Management LLC now owns 3,915 shares of the healthcare conglomerate’s stock worth $849,000 after purchasing an additional 1,126 shares during the period. Finally, D.A. Davidson & CO. boosted its holdings in UnitedHealth Group by 5.6% in the third quarter. D.A. Davidson & CO. now owns 42,996 shares of the healthcare conglomerate’s stock worth $9,344,000 after purchasing an additional 2,264 shares during the period. Institutional investors and hedge funds own 86.04% of the company’s stock.

UNH has been the subject of a number of research reports. Credit Suisse Group lifted their price objective on shares of UnitedHealth Group from $320.00 to $330.00 and gave the stock an “outperform” rating in a report on Wednesday, January 8th. SunTrust Banks lifted their price objective on shares of UnitedHealth Group from $335.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Oppenheimer lifted their price objective on shares of UnitedHealth Group from $312.00 to $343.00 and gave the stock an “outperform” rating in a report on Thursday, January 16th. Piper Jaffray Companies lifted their price objective on shares of UnitedHealth Group from $312.00 to $325.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. Finally, UBS Group lifted their price objective on shares of UnitedHealth Group from $279.00 to $304.00 and gave the stock a “neutral” rating in a report on Thursday, January 16th. Five analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $318.00.

In other news, Director Richard T. Burke sold 15,000 shares of the business’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $299.45, for a total transaction of $4,491,750.00. Following the completion of the transaction, the director now owns 158,598 shares of the company’s stock, valued at $47,492,171.10. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.87% of the company’s stock.

Shares of UNH traded down $3.18 during midday trading on Thursday, hitting $302.13. 2,883,047 shares of the stock traded hands, compared to its average volume of 3,958,886. UnitedHealth Group Inc has a 1-year low of $208.07 and a 1-year high of $306.71. The firm has a market capitalization of $286.60 billion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 1.44 and a beta of 0.69. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.70 and a current ratio of 0.69. The business’s 50 day moving average price is $291.85 and its two-hundred day moving average price is $261.58.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings results on Wednesday, January 15th. The healthcare conglomerate reported $3.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $0.13. UnitedHealth Group had a net margin of 5.71% and a return on equity of 25.55%. The company had revenue of $60.90 billion during the quarter, compared to the consensus estimate of $61.17 billion. During the same quarter in the previous year, the company posted $3.28 earnings per share. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. As a group, equities research analysts forecast that UnitedHealth Group Inc will post 16.47 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Monday, March 16th will be issued a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Friday, March 13th. UnitedHealth Group’s dividend payout ratio (DPR) is 28.59%.

UnitedHealth Group Company Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health and well-being services to individuals age 50 and older, addressing their needs for preventive and acute health care services, as well as services dealing with chronic disease and other specialized issues for older individuals; and Medicaid plans, Children's Health Insurance Program, and health care programs; and health and dental benefits.

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

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