Edmond DE Rothschild Holding S.A. boosted its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 0.0% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 81,725 shares of the healthcare conglomerate’s stock after buying an additional 11 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in UnitedHealth Group were worth $13,404,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of UNH. Patriot Financial Group Insurance Agency LLC boosted its position in UnitedHealth Group by 1,722.9% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 638 shares of the healthcare conglomerate’s stock worth $106,000 after buying an additional 603 shares in the last quarter. Cribstone Capital Management LLC boosted its position in UnitedHealth Group by 22.6% in the first quarter. Cribstone Capital Management LLC now owns 678 shares of the healthcare conglomerate’s stock worth $113,000 after buying an additional 125 shares in the last quarter. Kings Point Capital Management boosted its position in UnitedHealth Group by 27.9% in the first quarter. Kings Point Capital Management now owns 687 shares of the healthcare conglomerate’s stock worth $113,000 after buying an additional 150 shares in the last quarter. Founders Capital Management bought a new position in UnitedHealth Group during the first quarter worth about $135,000. Finally, Parkside Financial Bank & Trust boosted its position in UnitedHealth Group by 1.4% in the first quarter. Parkside Financial Bank & Trust now owns 854 shares of the healthcare conglomerate’s stock worth $140,000 after buying an additional 12 shares in the last quarter. Institutional investors own 86.37% of the company’s stock.

UnitedHealth Group Incorporated (UNH) traded down 0.8364% during midday trading on Thursday, hitting $193.2004. 343,946 shares of the stock were exchanged. The company’s 50 day moving average is $188.96 and its 200-day moving average is $174.38. UnitedHealth Group Incorporated has a 1-year low of $132.39 and a 1-year high of $196.04. The stock has a market cap of $186.80 billion, a PE ratio of 23.2100 and a beta of 0.64.

UnitedHealth Group (NYSE:UNH) last announced its earnings results on Tuesday, July 18th. The healthcare conglomerate reported $2.46 EPS for the quarter, beating the Zacks’ consensus estimate of $2.38 by $0.08. UnitedHealth Group had a net margin of 4.32% and a return on equity of 21.52%. The firm had revenue of $50.05 billion for the quarter, compared to analysts’ expectations of $49.97 billion. During the same quarter in the previous year, the business posted $1.96 EPS. The company’s quarterly revenue was up 7.7% on a year-over-year basis. On average, analysts expect that UnitedHealth Group Incorporated will post $9.87 earnings per share for the current year.

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A number of equities analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research report on Tuesday, August 1st. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $205.00 price objective (up from $203.00) on shares of UnitedHealth Group in a research report on Friday, July 21st. Sanford C. Bernstein reiterated an “outperform” rating and set a $210.00 price objective (up from $190.00) on shares of UnitedHealth Group in a research report on Saturday, July 22nd. Cantor Fitzgerald reiterated an “overweight” rating and set a $208.00 price objective on shares of UnitedHealth Group in a research report on Friday, July 21st. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $212.00 price objective on shares of UnitedHealth Group in a research report on Thursday, July 20th. One analyst has rated the stock with a hold rating and twenty-four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $200.24.

In other news, Director Gail R. Wilensky sold 5,540 shares of the business’s stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $178.74, for a total transaction of $990,219.60. Following the sale, the director now owns 60,516 shares in the company, valued at approximately $10,816,629.84. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director William C. Ballard, Jr. sold 5,000 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $193.98, for a total transaction of $969,900.00. Following the sale, the director now owns 76,058 shares in the company, valued at approximately $14,753,730.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,540 shares of company stock worth $2,873,320. Company insiders own 0.89% of the company’s stock.

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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