Douglass Winthrop Advisors LLC Has $132.82 Million Position in UnitedHealth Group Incorporated (NYSE:UNH)

Douglass Winthrop Advisors LLC increased its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 0.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 227,159 shares of the healthcare conglomerate’s stock after acquiring an additional 410 shares during the period. UnitedHealth Group makes up approximately 2.5% of Douglass Winthrop Advisors LLC’s holdings, making the stock its 13th largest holding. Douglass Winthrop Advisors LLC’s holdings in UnitedHealth Group were worth $132,815,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in UNH. Fisher Asset Management LLC increased its stake in UnitedHealth Group by 3.5% in the third quarter. Fisher Asset Management LLC now owns 3,197,167 shares of the healthcare conglomerate’s stock valued at $1,869,320,000 after purchasing an additional 107,097 shares in the last quarter. Daiwa Securities Group Inc. increased its position in UnitedHealth Group by 16.1% in the 3rd quarter. Daiwa Securities Group Inc. now owns 208,493 shares of the healthcare conglomerate’s stock valued at $121,902,000 after buying an additional 28,850 shares in the last quarter. Marco Investment Management LLC boosted its holdings in UnitedHealth Group by 0.3% in the third quarter. Marco Investment Management LLC now owns 36,665 shares of the healthcare conglomerate’s stock worth $21,437,000 after acquiring an additional 120 shares in the last quarter. Summit Trail Advisors LLC increased its holdings in shares of UnitedHealth Group by 13.5% during the third quarter. Summit Trail Advisors LLC now owns 13,631 shares of the healthcare conglomerate’s stock valued at $7,970,000 after acquiring an additional 1,623 shares in the last quarter. Finally, Cahill Financial Advisors Inc. lifted its holdings in shares of UnitedHealth Group by 6.1% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 4,676 shares of the healthcare conglomerate’s stock worth $2,734,000 after purchasing an additional 270 shares in the last quarter. 87.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have weighed in on UNH. Royal Bank of Canada lowered their price objective on shares of UnitedHealth Group from $615.00 to $595.00 and set an “outperform” rating on the stock in a report on Wednesday, October 16th. Barclays dropped their price target on shares of UnitedHealth Group from $604.00 to $603.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 22nd. HSBC lowered UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Thursday, October 17th. KeyCorp started coverage on UnitedHealth Group in a research report on Friday, October 11th. They issued an “overweight” rating and a $675.00 price target for the company. Finally, Morgan Stanley reduced their target price on shares of UnitedHealth Group from $615.00 to $610.00 and set an “overweight” rating for the company in a research note on Wednesday, October 16th. Four equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $615.53.

UnitedHealth Group Stock Down 1.1 %

Shares of NYSE UNH opened at $590.87 on Monday. The business’s fifty day moving average price is $582.63 and its 200-day moving average price is $553.30. UnitedHealth Group Incorporated has a one year low of $436.38 and a one year high of $630.73. The stock has a market capitalization of $543.77 billion, a PE ratio of 38.49, a P/E/G ratio of 1.73 and a beta of 0.58. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.91 and a quick ratio of 0.91.

UnitedHealth Group (NYSE:UNH) last posted its earnings results on Tuesday, October 15th. The healthcare conglomerate reported $7.15 earnings per share for the quarter, topping the consensus estimate of $7.00 by $0.15. The firm had revenue of $100.82 billion during the quarter, compared to the consensus estimate of $99.14 billion. UnitedHealth Group had a net margin of 3.63% and a return on equity of 26.37%. The company’s revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the company earned $6.56 earnings per share. On average, equities research analysts anticipate that UnitedHealth Group Incorporated will post 27.6 EPS for the current year.

UnitedHealth Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Monday, December 9th will be paid a dividend of $2.10 per share. This represents a $8.40 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Monday, December 9th. UnitedHealth Group’s dividend payout ratio 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.