MPS Loria Financial Planners LLC bought a new stake in UnitedHealth Group Incorporated (NYSE:UNH) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,448 shares of the healthcare conglomerate’s stock, valued at approximately $1,254,000. UnitedHealth Group makes up approximately 0.8% of MPS Loria Financial Planners LLC’s holdings, making the stock its 18th largest holding.

A number of other institutional investors have also recently modified their holdings of the stock. Regal Wealth Group Inc. increased its position in UnitedHealth Group by 0.4% in the 2nd quarter. Regal Wealth Group Inc. now owns 746 shares of the healthcare conglomerate’s stock valued at $138,000 after buying an additional 3 shares in the last quarter. Jackson Grant Investment Advisers Inc. increased its holdings in UnitedHealth Group by 0.4% during the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 1,101 shares of the healthcare conglomerate’s stock worth $204,000 after purchasing an additional 4 shares in the last quarter. RB Capital Management LLC increased its holdings in UnitedHealth Group by 0.4% during the 2nd quarter. RB Capital Management LLC now owns 1,732 shares of the healthcare conglomerate’s stock worth $321,000 after purchasing an additional 7 shares in the last quarter. Highland Private Wealth Management increased its holdings in UnitedHealth Group by 0.4% during the 2nd quarter. Highland Private Wealth Management now owns 3,199 shares of the healthcare conglomerate’s stock worth $593,000 after purchasing an additional 13 shares in the last quarter. Finally, RNC Capital Management LLC increased its holdings in UnitedHealth Group by 0.7% during the 2nd quarter. RNC Capital Management LLC now owns 1,940 shares of the healthcare conglomerate’s stock worth $360,000 after purchasing an additional 13 shares in the last quarter. 86.20% of the stock is owned by institutional investors and hedge funds.

In other news, Director Gail R. Wilensky sold 5,600 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $223.31, for a total value of $1,250,536.00. Following the completion of the transaction, the director now directly owns 61,137 shares of the company’s stock, valued at $13,652,503.47. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Kenneth Irwin Shine sold 457 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $211.03, for a total value of $96,440.71. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,032 shares of company stock valued at $2,658,310. 0.89% of the stock is currently owned by corporate insiders.

UnitedHealth Group Incorporated (NYSE UNH) traded down $3.10 during mid-day trading on Friday, hitting $221.25. The stock had a trading volume of 2,811,700 shares, compared to its average volume of 3,099,370. The company has a market capitalization of $217,410.30, a price-to-earnings ratio of 23.37, a PEG ratio of 1.67 and a beta of 0.66. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.52. UnitedHealth Group Incorporated has a 52 week low of $156.09 and a 52 week high of $231.77.

UnitedHealth Group (NYSE:UNH) last released its earnings results on Tuesday, October 17th. The healthcare conglomerate reported $2.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.57 by $0.09. The company had revenue of $50.32 billion during the quarter, compared to analyst estimates of $50.38 billion. UnitedHealth Group had a return on equity of 21.52% and a net margin of 4.50%. UnitedHealth Group’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the company posted $2.17 earnings per share. equities research analysts anticipate that UnitedHealth Group Incorporated will post 9.99 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 12th. Stockholders of record on Friday, December 1st were issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.36%. The ex-dividend date was Thursday, November 30th. UnitedHealth Group’s dividend payout ratio is presently 33.26%.

A number of analysts have commented on UNH shares. ValuEngine raised UnitedHealth Group from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Cantor Fitzgerald boosted their price objective on UnitedHealth Group to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, October 18th. Credit Suisse Group started coverage on UnitedHealth Group in a report on Thursday, November 2nd. They set an “outperform” rating and a $233.00 price objective for the company. Wells Fargo & Company reissued an “outperform” rating and set a $245.00 price objective (up from $230.00) on shares of UnitedHealth Group in a report on Wednesday, November 29th. Finally, UBS reissued an “overweight” rating on shares of UnitedHealth Group in a report on Thursday, August 24th. Three investment analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $224.56.

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About UnitedHealth Group

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.

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

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