UnitedHealth Group Incorporated (NYSE:UNH) Shares Acquired by Dohj LLC

Dohj LLC boosted its holdings in UnitedHealth Group Incorporated (NYSE:UNH) by 4.2% during the 1st quarter, Holdings Channel reports. The fund owned 5,990 shares of the healthcare conglomerate’s stock after acquiring an additional 241 shares during the quarter. Dohj LLC’s holdings in UnitedHealth Group were worth $2,963,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Richelieu Gestion SA acquired a new position in shares of UnitedHealth Group during the 4th quarter valued at $26,000. CGC Financial Services LLC boosted its stake in shares of UnitedHealth Group by 1,000.0% during the 4th quarter. CGC Financial Services LLC now owns 55 shares of the healthcare conglomerate’s stock worth $29,000 after acquiring an additional 50 shares in the last quarter. True Wealth Design LLC bought a new stake in shares of UnitedHealth Group during the 4th quarter worth $31,000. LFA Lugano Financial Advisors SA boosted its stake in shares of UnitedHealth Group by 148.1% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 67 shares of the healthcare conglomerate’s stock worth $35,000 after acquiring an additional 40 shares in the last quarter. Finally, Transcendent Capital Group LLC bought a new stake in shares of UnitedHealth Group during the 4th quarter worth $40,000. 87.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on UNH shares. Baird R W raised UnitedHealth Group to a “strong-buy” rating in a research note on Thursday, May 30th. Robert W. Baird began coverage on UnitedHealth Group in a research report on Thursday, May 30th. They issued an “outperform” rating and a $597.00 target price for the company. StockNews.com cut UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Thursday, June 20th. Royal Bank of Canada decreased their target price on UnitedHealth Group from $596.00 to $555.00 and set an “outperform” rating for the company in a research report on Wednesday, April 17th. Finally, JPMorgan Chase & Co. increased their price objective on UnitedHealth Group from $546.00 to $559.00 and gave the stock an “overweight” rating in a report on Thursday, May 30th. Three analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $579.74.

UnitedHealth Group Stock Performance

Shares of UnitedHealth Group stock traded up $11.79 during trading on Friday, reaching $498.23. The company’s stock had a trading volume of 3,039,549 shares, compared to its average volume of 4,139,331. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.85 and a current ratio of 0.85. The business’s fifty day moving average price is $498.30 and its 200-day moving average price is $502.61. The firm has a market cap of $458.57 billion, a price-to-earnings ratio of 30.61, a price-to-earnings-growth ratio of 1.40 and a beta of 0.58. UnitedHealth Group Incorporated has a one year low of $436.38 and a one year high of $554.70.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings data on Tuesday, April 16th. The healthcare conglomerate reported $6.91 EPS for the quarter, topping analysts’ consensus estimates of $6.63 by $0.28. UnitedHealth Group had a return on equity of 26.50% and a net margin of 4.05%. The business had revenue of $99.80 billion for the quarter, compared to analyst estimates of $99.23 billion. During the same period in the previous year, the company posted $6.26 earnings per share. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. As a group, equities research analysts predict that UnitedHealth Group Incorporated will post 27.57 earnings per share for the current year.

UnitedHealth Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 25th. Investors of record on Monday, June 17th were given a dividend of $2.10 per share. The ex-dividend date was Monday, June 17th. This is an increase from UnitedHealth Group’s previous quarterly dividend of $1.88. This represents a $8.40 dividend on an annualized basis and a yield of 1.69%. UnitedHealth Group’s dividend payout ratio (DPR) is 51.34%.

UnitedHealth Group 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.