UnitedHealth Group Incorporated (NYSE:UNH) Shares Purchased by KMG Fiduciary Partners LLC


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KMG Fiduciary Partners LLC grew its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 10.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 18,627 shares of the healthcare conglomerate’s stock after purchasing an additional 1,794 shares during the quarter. UnitedHealth Group makes up about 1.4% of KMG Fiduciary Partners LLC’s holdings, making the stock its 19th largest position. KMG Fiduciary Partners LLC’s holdings in UnitedHealth Group were worth $6,423,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JJJ Advisors Inc. raised its stake in shares of UnitedHealth Group by 1,820.0% in the 3rd quarter. JJJ Advisors Inc. now owns 96 shares of the healthcare conglomerate’s stock valued at $30,000 after purchasing an additional 91 shares in the last quarter. Front Row Advisors LLC raised its stake in UnitedHealth Group by 288.0% during the third quarter. Front Row Advisors LLC now owns 97 shares of the healthcare conglomerate’s stock valued at $33,000 after buying an additional 72 shares in the last quarter. Knuff & Co LLC lifted its holdings in UnitedHealth Group by 666.7% during the 3rd quarter. Knuff & Co LLC now owns 115 shares of the healthcare conglomerate’s stock worth $36,000 after buying an additional 100 shares during the last quarter. Old North State Trust LLC acquired a new position in shares of UnitedHealth Group in the 3rd quarter worth approximately $39,000. Finally, Ossiam increased its holdings in shares of UnitedHealth Group by 42.5% in the 3rd quarter. Ossiam now owns 124 shares of the healthcare conglomerate’s stock valued at $39,000 after acquiring an additional 37 shares during the last quarter. 86.39% of the stock is owned by institutional investors.

In other news, Director Stephen J. Hemsley sold 98,579 shares of UnitedHealth Group stock in a transaction that occurred on Friday, October 23rd. The shares were sold at an average price of $329.47, for a total value of $32,478,823.13. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Marianne D. Short sold 9,681 shares of the business’s stock in a transaction that occurred on Tuesday, December 29th. The stock was sold at an average price of $348.00, for a total transaction of $3,368,988.00. Following the completion of the sale, the executive vice president now owns 167,202 shares in the company, valued at $58,186,296. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 130,253 shares of company stock worth $43,485,730. 0.80% of the stock is owned by insiders.

A number of research firms have commented on UNH. Cantor Fitzgerald lifted their price objective on shares of UnitedHealth Group from $360.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, December 2nd. Raymond James boosted their price objective on shares of UnitedHealth Group from $355.00 to $405.00 and gave the company a “strong-buy” rating in a research report on Wednesday, December 2nd. UBS Group increased their price objective on shares of UnitedHealth Group from $319.00 to $330.00 and gave the stock a “neutral” rating in a research note on Friday, October 16th. BMO Capital Markets lifted their target price on UnitedHealth Group from $385.00 to $395.00 and gave the company a “market perform” rating in a research note on Wednesday, December 2nd. They noted that the move was a valuation call. Finally, Deutsche Bank Aktiengesellschaft increased their price target on UnitedHealth Group from $359.00 to $404.00 and gave the stock a “buy” rating in a research report on Thursday, January 7th. Seven investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $383.50.

UnitedHealth Group stock traded down $1.21 during trading hours on Wednesday, hitting $356.16. 106,565 shares of the company traded hands, compared to its average volume of 3,611,805. UnitedHealth Group Incorporated has a 1-year low of $187.72 and a 1-year high of $367.95. The firm has a market cap of $337.93 billion, a P/E ratio of 20.53, a P/E/G ratio of 1.53 and a beta of 0.68. The firm’s 50-day simple moving average is $344.91 and its two-hundred day simple moving average is $322.55. The company has a quick ratio of 0.84, a current ratio of 0.82 and a debt-to-equity ratio of 0.59.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings data on Monday, October 19th. The healthcare conglomerate reported $3.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.53. UnitedHealth Group had a net margin of 6.62% and a return on equity of 27.53%. The business had revenue of $65.12 billion during the quarter, compared to analysts’ expectations of $63.97 billion. During the same period last year, the firm posted $3.88 earnings per share. The business’s revenue was up 7.9% on a year-over-year basis. On average, equities research analysts predict that UnitedHealth Group Incorporated will post 16.78 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 15th. Shareholders of record on Monday, December 7th were paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date was Friday, December 4th. UnitedHealth Group’s payout ratio is currently 33.09%.

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; Medicaid plans, Children's Health Insurance Program, and health care programs; medical and dental benefits; and health care delivery.

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

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