HBW Advisory Services LLC Has $4.33 Million Stake in UnitedHealth Group Incorporated (NYSE:UNH)

HBW Advisory Services LLC reduced its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,551 shares of the healthcare conglomerate’s stock after selling 394 shares during the period. HBW Advisory Services LLC’s holdings in UnitedHealth Group were worth $4,326,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. LVM Capital Management Ltd. MI grew its holdings in UnitedHealth Group by 2.2% during the 4th quarter. LVM Capital Management Ltd. MI now owns 2,758 shares of the healthcare conglomerate’s stock worth $1,395,000 after acquiring an additional 59 shares during the period. Highline Wealth Partners LLC grew its holdings in UnitedHealth Group by 115.1% during the 4th quarter. Highline Wealth Partners LLC now owns 200 shares of the healthcare conglomerate’s stock worth $101,000 after acquiring an additional 107 shares during the period. CCM Investment Advisers LLC grew its holdings in UnitedHealth Group by 7.6% during the 4th quarter. CCM Investment Advisers LLC now owns 32,346 shares of the healthcare conglomerate’s stock worth $16,363,000 after acquiring an additional 2,288 shares during the period. Franklin Street Advisors Inc. NC grew its stake in shares of UnitedHealth Group by 13.8% in the 4th quarter. Franklin Street Advisors Inc. NC now owns 2,122 shares of the healthcare conglomerate’s stock valued at $1,073,000 after buying an additional 257 shares during the period. Finally, ORG Partners LLC grew its stake in shares of UnitedHealth Group by 14.6% in the 4th quarter. ORG Partners LLC now owns 2,139 shares of the healthcare conglomerate’s stock valued at $1,086,000 after buying an additional 273 shares during the period. 87.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on UNH shares. Royal Bank of Canada reduced their target price on UnitedHealth Group from $615.00 to $595.00 and set an “outperform” rating for the company in a research note on Wednesday, October 16th. StockNews.com raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. Hsbc Global Res cut shares of UnitedHealth Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 17th. Piper Sandler decreased their price target on shares of UnitedHealth Group from $605.00 to $600.00 and set an “overweight” rating for the company in a research note on Thursday, January 2nd. Finally, Oppenheimer lifted their price objective on shares of UnitedHealth Group from $610.00 to $640.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Two equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $626.79.

UnitedHealth Group Stock Down 0.8 %

Shares of NYSE UNH traded down $4.15 during trading hours on Friday, hitting $520.37. 3,581,933 shares of the stock were exchanged, compared to its average volume of 3,867,549. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.74. The company has a market cap of $478.89 billion, a PE ratio of 33.90, a PEG ratio of 1.53 and a beta of 0.62. The firm has a fifty day moving average price of $556.20 and a 200-day moving average price of $561.20. UnitedHealth Group Incorporated has a 12 month low of $436.38 and a 12 month high of $630.73.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings data on Tuesday, October 15th. The healthcare conglomerate reported $7.15 earnings per share for the quarter, topping analysts’ consensus estimates of $7.00 by $0.15. UnitedHealth Group had a net margin of 3.63% and a return on equity of 26.37%. The firm had revenue of $100.82 billion for the quarter, compared to analyst estimates of $99.14 billion. During the same quarter in the prior year, the business earned $6.56 earnings per share. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. On average, sell-side analysts expect that UnitedHealth Group Incorporated will post 27.61 EPS for the current year.

UnitedHealth Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were given a $2.10 dividend. This represents a $8.40 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend was Monday, December 9th. UnitedHealth Group’s dividend payout ratio (DPR) is 54.72%.

About UnitedHealth Group

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. 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 care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.