Full Sail Capital LLC Has $815,000 Stock Position in UnitedHealth Group Incorporated (NYSE:UNH)

Full Sail Capital LLC boosted its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 2.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,612 shares of the healthcare conglomerate’s stock after buying an additional 33 shares during the period. Full Sail Capital LLC’s holdings in UnitedHealth Group were worth $815,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNH. Western Pacific Wealth Management LP grew its holdings in UnitedHealth Group by 2.2% in the fourth quarter. Western Pacific Wealth Management LP now owns 902 shares of the healthcare conglomerate’s stock worth $456,000 after purchasing an additional 19 shares during the last quarter. MCF Advisors LLC grew its stake in shares of UnitedHealth Group by 0.8% during the fourth quarter. MCF Advisors LLC now owns 2,578 shares of the healthcare conglomerate’s stock worth $1,304,000 after acquiring an additional 20 shares during the last quarter. Axiom Financial Strategies LLC raised its position in shares of UnitedHealth Group by 3.6% in the 4th quarter. Axiom Financial Strategies LLC now owns 575 shares of the healthcare conglomerate’s stock valued at $291,000 after purchasing an additional 20 shares during the last quarter. Richwood Investment Advisors LLC increased its stake in UnitedHealth Group by 0.4% during the 4th quarter. Richwood Investment Advisors LLC now owns 5,247 shares of the healthcare conglomerate’s stock valued at $2,654,000 after purchasing an additional 20 shares in the last quarter. Finally, Prentice Wealth Management LLC raised its stake in UnitedHealth Group by 0.8% in the 4th quarter. Prentice Wealth Management LLC now owns 2,527 shares of the healthcare conglomerate’s stock worth $1,278,000 after acquiring an additional 21 shares during the last quarter. 87.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

UNH has been the subject of several recent research reports. Morgan Stanley reduced their target price on shares of UnitedHealth Group from $664.00 to $563.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $700.00 price objective on shares of UnitedHealth Group in a research note on Friday, January 17th. StockNews.com raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. HSBC reiterated a “hold” rating and issued a $490.00 price objective on shares of UnitedHealth Group in a research report on Tuesday, April 22nd. Finally, KeyCorp lowered their price target on UnitedHealth Group from $650.00 to $575.00 and set an “overweight” rating on the stock in a research report on Monday, April 21st. Four equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $596.86.

UnitedHealth Group Stock Performance

NYSE:UNH opened at $380.72 on Friday. UnitedHealth Group Incorporated has a 1-year low of $378.54 and a 1-year high of $630.73. The firm has a market capitalization of $346.54 billion, a price-to-earnings ratio of 24.56, a PEG ratio of 1.37 and a beta of 0.56. The company’s 50-day moving average is $488.01 and its two-hundred day moving average is $522.60. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91.

UnitedHealth Group (NYSE:UNH) last announced its earnings results on Thursday, April 17th. The healthcare conglomerate reported $7.20 earnings per share for the quarter, missing the consensus estimate of $7.29 by ($0.09). The company had revenue of $109.58 billion for the quarter, compared to analysts’ expectations of $111.56 billion. UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. During the same period last year, the business earned $6.91 EPS. Analysts forecast that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were paid a $2.10 dividend. This represents a $8.40 annualized dividend and a dividend yield of 2.21%. The ex-dividend date was Monday, March 10th. UnitedHealth Group’s payout ratio is 35.18%.

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.