Commons Capital LLC Buys 68 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Commons Capital LLC raised its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,451 shares of the healthcare conglomerate’s stock after acquiring an additional 68 shares during the quarter. UnitedHealth Group comprises approximately 1.6% of Commons Capital LLC’s portfolio, making the stock its 15th biggest holding. Commons Capital LLC’s holdings in UnitedHealth Group were worth $1,746,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fort Washington Investment Advisors Inc. OH grew its position in UnitedHealth Group by 2.3% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 528,638 shares of the healthcare conglomerate’s stock worth $267,417,000 after acquiring an additional 11,812 shares in the last quarter. JBGlobal.com LLC purchased a new position in UnitedHealth Group in the fourth quarter worth $294,000. Enclave Advisors LLC boosted its position in UnitedHealth Group by 2.5% during the fourth quarter. Enclave Advisors LLC now owns 3,227 shares of the healthcare conglomerate’s stock valued at $1,632,000 after buying an additional 79 shares during the period. Atomi Financial Group Inc. boosted its position in UnitedHealth Group by 6.3% during the fourth quarter. Atomi Financial Group Inc. now owns 7,247 shares of the healthcare conglomerate’s stock valued at $3,666,000 after buying an additional 432 shares during the period. Finally, Monterey Private Wealth Inc. boosted its position in UnitedHealth Group by 17.3% during the fourth quarter. Monterey Private Wealth Inc. now owns 1,233 shares of the healthcare conglomerate’s stock valued at $624,000 after buying an additional 182 shares during the period. Institutional investors own 87.86% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on UNH shares. Deutsche Bank Aktiengesellschaft upped their price target on shares of UnitedHealth Group from $595.00 to $625.00 and gave the company a “buy” rating in a research report on Tuesday, December 3rd. Hsbc Global Res raised shares of UnitedHealth Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 10th. Piper Sandler lowered their price objective 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. StockNews.com downgraded shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 15th. Finally, Morgan Stanley lowered their price objective 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. Two investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $627.74.

UnitedHealth Group Trading Up 2.9 %

NYSE:UNH opened at $524.78 on Wednesday. The company’s 50 day moving average price is $547.07 and its 200-day moving average price is $563.84. UnitedHealth Group Incorporated has a 52 week low of $436.38 and a 52 week high of $630.73. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. The stock has a market cap of $482.95 billion, a price-to-earnings ratio of 33.86, a PEG ratio of 1.38 and a beta of 0.62.

UnitedHealth Group (NYSE:UNH) last issued its earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.74 by $0.07. UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. The company had revenue of $100.81 billion for the quarter, compared to analysts’ expectations of $101.60 billion. During the same quarter last year, the company posted $5.83 earnings per share. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. On average, equities research analysts forecast that UnitedHealth Group Incorporated will post 29.77 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Monday, December 9th were given a $2.10 dividend. The ex-dividend date was Monday, December 9th. This represents a $8.40 annualized dividend and a yield of 1.60%. UnitedHealth Group’s payout ratio is presently 54.19%.

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.