UnitedHealth Group Incorporated (NYSE:UNH) is American National Bank’s 10th Largest Position

American National Bank boosted its holdings in UnitedHealth Group Incorporated (NYSE:UNH – Get Rating) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,453 shares of the healthcare conglomerate’s stock after acquiring an additional 586 shares during the quarter. UnitedHealth Group comprises approximately 2.2% of American National Bank’s portfolio, making the stock its 10th biggest holding. American National Bank’s holdings in UnitedHealth Group were worth $10,844,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. TimeScale Financial Inc. increased its position in shares of UnitedHealth Group by 276.9% in the third quarter. TimeScale Financial Inc. now owns 49 shares of the healthcare conglomerate’s stock valued at $25,000 after buying an additional 36 shares in the last quarter. Pflug Koory LLC increased its position in shares of UnitedHealth Group by 160.0% in the third quarter. Pflug Koory LLC now owns 52 shares of the healthcare conglomerate’s stock valued at $26,000 after buying an additional 32 shares in the last quarter. Belmont Capital LLC boosted its stake in shares of UnitedHealth Group by 294.1% during the third quarter. Belmont Capital LLC now owns 67 shares of the healthcare conglomerate’s stock valued at $34,000 after acquiring an additional 50 shares during the last quarter. O Dell Group LLC boosted its stake in shares of UnitedHealth Group by 76.9% during the third quarter. O Dell Group LLC now owns 69 shares of the healthcare conglomerate’s stock valued at $35,000 after acquiring an additional 30 shares during the last quarter. Finally, Legend Financial Advisors Inc. acquired a new stake in shares of UnitedHealth Group during the third quarter valued at $37,000. Hedge funds and other institutional investors own 86.31% of the company’s stock.

UnitedHealth Group Price Performance

UNH stock opened at $469.50 on Friday. The firm has a market cap of $437.97 billion, a P/E ratio of 22.16, a price-to-earnings-growth ratio of 1.30 and a beta of 0.69. UnitedHealth Group Incorporated has a 1 year low of $449.70 and a 1 year high of $558.10. The stock has a 50-day simple moving average of $483.26 and a 200-day simple moving average of $510.78. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.77 and a current ratio of 0.77.

UnitedHealth Group (NYSE:UNH – Get Rating) last posted its earnings results on Friday, January 13th. The healthcare conglomerate reported $5.34 EPS for the quarter, topping analysts’ consensus estimates of $5.17 by $0.17. UnitedHealth Group had a net margin of 6.21% and a return on equity of 27.04%. The business had revenue of $82.79 billion for the quarter, compared to analysts’ expectations of $82.53 billion. During the same period in the previous year, the company posted $4.48 earnings per share. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. On average, equities analysts predict that UnitedHealth Group Incorporated will post 24.91 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 21st. Stockholders of record on Monday, March 13th will be given a dividend of $1.65 per share. The ex-dividend date of this dividend is Friday, March 10th. This represents a $6.60 dividend on an annualized basis and a dividend yield of 1.41%. UnitedHealth Group’s payout ratio is currently 31.15%.

Wall Street Analysts Forecast Growth

UNH has been the topic of a number of analyst reports. StockNews.com raised UnitedHealth Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 11th. Morgan Stanley reaffirmed an “overweight” rating and set a $587.00 price objective on shares of UnitedHealth Group in a research note on Wednesday, November 23rd. Deutsche Bank Aktiengesellschaft lifted their price target on UnitedHealth Group from $615.00 to $617.00 and gave the company a “buy” rating in a report on Tuesday, January 24th. Loop Capital raised their target price on shares of UnitedHealth Group from $575.00 to $590.00 in a research report on Tuesday, January 17th. Finally, Stephens reaffirmed an “overweight” rating and set a $605.00 price target on shares of UnitedHealth Group in a research note on Tuesday, February 28th. Three analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $599.68.

About UnitedHealth Group

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UnitedHealth Group, Inc engages in the provision of health care coverage, software, and data consultancy services. It operates through the following segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. The UnitedHealthcare segment utilizes Optum’s capabilities to help coordinate patient care, improve affordability of medical care, analyze cost trends, manage pharmacy benefits, work with care providers more effectively, and create a simpler consumer experience.