King Luther Capital Management Corp increased its holdings in UnitedHealth Group Inc (NYSE:UNH) by 7.1% in the 4th quarter, HoldingsChannel reports. The firm owned 12,001 shares of the healthcare conglomerate’s stock after buying an additional 796 shares during the quarter. King Luther Capital Management Corp’s holdings in UnitedHealth Group were worth $2,990,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. BlackRock Inc. raised its position in UnitedHealth Group by 3.1% in the fourth quarter. BlackRock Inc. now owns 69,831,381 shares of the healthcare conglomerate’s stock worth $17,396,391,000 after purchasing an additional 2,123,417 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of UnitedHealth Group by 1.6% during the third quarter. Vanguard Group Inc. now owns 69,342,549 shares of the healthcare conglomerate’s stock worth $18,447,892,000 after buying an additional 1,073,505 shares in the last quarter. Vanguard Group Inc increased its holdings in shares of UnitedHealth Group by 1.6% during the third quarter. Vanguard Group Inc now owns 69,342,549 shares of the healthcare conglomerate’s stock worth $18,447,892,000 after buying an additional 1,073,505 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of UnitedHealth Group by 50,446.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 53,349,795 shares of the healthcare conglomerate’s stock worth $214,000 after buying an additional 53,244,249 shares in the last quarter. Finally, Capital International Investors increased its holdings in shares of UnitedHealth Group by 223.0% during the third quarter. Capital International Investors now owns 16,319,843 shares of the healthcare conglomerate’s stock worth $4,341,731,000 after buying an additional 11,267,910 shares in the last quarter. 86.68% of the stock is owned by hedge funds and other institutional investors.

In other UnitedHealth Group news, Director Gail R. Wilensky sold 2,930 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $253.39, for a total value of $742,432.70. Following the transaction, the director now directly owns 64,726 shares of the company’s stock, valued at $16,400,921.14. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director William C. Ballard, Jr. sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 22nd. The shares were sold at an average price of $266.61, for a total transaction of $1,333,050.00. Following the completion of the transaction, the director now directly owns 77,702 shares in the company, valued at $20,716,130.22. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,930 shares of company stock worth $8,495,383. Insiders own 0.87% of the company’s stock.

Several research firms have recently weighed in on UNH. Zacks Investment Research raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $305.00 price objective for the company in a report on Friday, December 14th. ValuEngine lowered shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 27th. Oppenheimer raised their price objective on shares of UnitedHealth Group from $300.00 to $305.00 and gave the stock an “outperform” rating in a report on Wednesday, January 16th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $310.00 price objective on shares of UnitedHealth Group in a report on Tuesday, January 15th. Finally, Stephens began coverage on shares of UnitedHealth Group in a report on Monday, January 14th. They set an “overweight” rating and a $287.00 price objective for the company. Three analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $297.80.

Shares of UNH stock opened at $248.79 on Wednesday. UnitedHealth Group Inc has a 52-week low of $221.69 and a 52-week high of $287.94. The company has a market capitalization of $238.69 billion, a price-to-earnings ratio of 19.32, a price-to-earnings-growth ratio of 1.27 and a beta of 0.79. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings data on Tuesday, January 15th. The healthcare conglomerate reported $3.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.20 by $0.08. UnitedHealth Group had a net margin of 5.30% and a return on equity of 24.38%. The firm had revenue of $58.42 billion for the quarter, compared to analysts’ expectations of $58.01 billion. During the same period last year, the firm earned $2.59 earnings per share. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. As a group, equities analysts anticipate that UnitedHealth Group Inc will post 14.62 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Monday, March 11th were paid a $0.90 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a $3.60 dividend on an annualized basis and a yield of 1.45%. UnitedHealth Group’s payout ratio is presently 27.95%.

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UnitedHealth Group Company Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. 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 and well-being services to individuals age 50 and older, addressing their needs for preventive and acute health care services, as well as services dealing with chronic disease and other specialized issues for older individuals; and Medicaid plans, Children's Health Insurance Program, and health care programs; and health and dental benefits.

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

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