Insight Folios Inc Sells 176 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Insight Folios Inc trimmed its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 19.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 746 shares of the healthcare conglomerate’s stock after selling 176 shares during the period. Insight Folios Inc’s holdings in UnitedHealth Group were worth $436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in UNH. Trilogy Capital Inc. acquired a new position in shares of UnitedHealth Group in the first quarter valued at $233,000. Diversified Trust Co lifted its stake in UnitedHealth Group by 2.3% during the first quarter. Diversified Trust Co now owns 44,775 shares of the healthcare conglomerate’s stock worth $22,151,000 after purchasing an additional 1,021 shares during the period. BKM Wealth Management LLC raised its holdings in shares of UnitedHealth Group by 34.7% in the 1st quarter. BKM Wealth Management LLC now owns 5,157 shares of the healthcare conglomerate’s stock worth $2,551,000 after buying an additional 1,328 shares in the last quarter. Horizon Wealth Management LLC grew its position in UnitedHealth Group by 4.5% in the first quarter. Horizon Wealth Management LLC now owns 1,177 shares of the healthcare conglomerate’s stock valued at $582,000 after acquiring an additional 51 shares during the period. Finally, Little House Capital LLC boosted its stake in shares of UnitedHealth Group by 33.2% in the 1st quarter. Little House Capital LLC now owns 11,595 shares of the healthcare conglomerate’s stock valued at $5,736,000 after purchasing an additional 2,888 shares in the last quarter. Institutional investors and hedge funds own 87.86% of the company’s stock.

Wall Street Analyst Weigh In

UNH has been the topic of several research analyst reports. Barclays decreased their price objective on shares of UnitedHealth Group from $604.00 to $603.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 22nd. StockNews.com downgraded UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Thursday. UBS Group lowered their target price on UnitedHealth Group from $680.00 to $650.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. TD Cowen increased their price objective on shares of UnitedHealth Group from $601.00 to $609.00 and gave the stock a “buy” rating in a report on Friday, October 18th. Finally, Cantor Fitzgerald upped their target price on shares of UnitedHealth Group from $591.00 to $644.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Four research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, UnitedHealth Group presently has an average rating of “Moderate Buy” and a consensus target price of $615.53.

UnitedHealth Group Stock Performance

Shares of UNH stock opened at $564.56 on Monday. The stock has a market cap of $521.33 billion, a PE ratio of 36.78, a price-to-earnings-growth ratio of 1.66 and a beta of 0.58. The stock has a 50-day moving average of $583.52 and a 200-day moving average of $538.58. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.91 and a quick ratio of 0.88. UnitedHealth Group Incorporated has a one year low of $436.38 and a one year high of $608.63.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings results 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. The company had revenue of $100.82 billion for the quarter, compared to analysts’ expectations of $99.14 billion. UnitedHealth Group had a net margin of 3.63% and a return on equity of 26.37%. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the firm posted $6.56 earnings per share. As a group, sell-side analysts expect that UnitedHealth Group Incorporated will post 27.61 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Monday, September 16th were issued a dividend of $2.10 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $8.40 annualized dividend and a yield of 1.49%. UnitedHealth Group’s dividend payout ratio (DPR) is currently 54.72%.

UnitedHealth Group Company Profile

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.