AE Wealth Management LLC raised its position in shares of UnitedHealth Group Inc (NYSE:UNH) by 8.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,421 shares of the healthcare conglomerate’s stock after buying an additional 440 shares during the quarter. AE Wealth Management LLC’s holdings in UnitedHealth Group were worth $1,062,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in UNH. Marshall Wace LLP raised its position in shares of UnitedHealth Group by 441.4% in the 2nd quarter. Marshall Wace LLP now owns 13,935 shares of the healthcare conglomerate’s stock worth $2,578,000 after purchasing an additional 11,361 shares during the last quarter. American Century Companies Inc. raised its position in shares of UnitedHealth Group by 16.9% in the 2nd quarter. American Century Companies Inc. now owns 4,703,113 shares of the healthcare conglomerate’s stock worth $872,051,000 after purchasing an additional 681,111 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of UnitedHealth Group by 5.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 3,656,975 shares of the healthcare conglomerate’s stock worth $678,077,000 after purchasing an additional 183,401 shares during the last quarter. Essex Financial Services Inc. raised its position in shares of UnitedHealth Group by 12.3% in the 2nd quarter. Essex Financial Services Inc. now owns 8,846 shares of the healthcare conglomerate’s stock worth $1,640,000 after purchasing an additional 967 shares during the last quarter. Finally, Bainco International Investors raised its position in shares of UnitedHealth Group by 5.4% in the 3rd quarter. Bainco International Investors now owns 82,676 shares of the healthcare conglomerate’s stock worth $16,192,000 after purchasing an additional 4,202 shares during the last quarter. 86.09% of the stock is owned by institutional investors and hedge funds.

UnitedHealth Group Inc (NYSE UNH) opened at $243.35 on Friday. The stock has a market capitalization of $235,290.00, a P/E ratio of 22.72, a P/E/G ratio of 1.45 and a beta of 0.66. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.70 and a current ratio of 0.73. UnitedHealth Group Inc has a 52 week low of $156.49 and a 52 week high of $244.35.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings data on Tuesday, January 16th. The healthcare conglomerate reported $2.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.50 by $0.09. The company had revenue of $52.06 billion during the quarter, compared to the consensus estimate of $51.57 billion. UnitedHealth Group had a return on equity of 21.29% and a net margin of 5.25%. The firm’s revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.11 EPS. research analysts predict that UnitedHealth Group Inc will post 12.2 earnings per share for the current year.

In related news, Director Michele J. Hooper sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $222.20, for a total value of $1,111,000.00. Following the transaction, the director now directly owns 36,989 shares of the company’s stock, valued at approximately $8,218,955.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Larry C. Renfro sold 22,598 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $221.75, for a total value of $5,011,106.50. Following the completion of the transaction, the chief executive officer now directly owns 195,314 shares in the company, valued at $43,310,879.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 33,655 shares of company stock valued at $7,469,083. 0.89% of the stock is currently owned by corporate insiders.

UNH has been the subject of several recent analyst reports. Zacks Investment Research lowered UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Tuesday, September 26th. ValuEngine lowered UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 5th. Sanford C. Bernstein reissued an “outperform” rating and issued a $210.00 target price on shares of UnitedHealth Group in a research report on Tuesday, October 10th. Jefferies Group boosted their target price on UnitedHealth Group from $215.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, October 13th. Finally, BMO Capital Markets assumed coverage on UnitedHealth Group in a research report on Monday, October 16th. They issued an “outperform” rating and a $250.00 target price for the company. Three analysts have rated the stock with a hold rating and twenty-five have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $241.30.

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UnitedHealth Group Company Profile

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

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

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