UnitedHealth Group Inc (NYSE:UNH) – Research analysts at Oppenheimer increased their Q1 2018 earnings per share estimates for shares of UnitedHealth Group in a report released on Tuesday. Oppenheimer analyst M. Wiederhorn now anticipates that the healthcare conglomerate will post earnings per share of $2.92 for the quarter, up from their prior forecast of $2.50. Oppenheimer currently has a “Outperform” rating and a $240.00 target price on the stock. Oppenheimer also issued estimates for UnitedHealth Group’s Q3 2018 earnings at $3.31 EPS, Q4 2018 earnings at $3.25 EPS, FY2018 earnings at $12.45 EPS, Q1 2019 earnings at $3.17 EPS, Q2 2019 earnings at $3.21 EPS, Q3 2019 earnings at $3.54 EPS and Q4 2019 earnings at $3.46 EPS.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings data on Tuesday, January 16th. The healthcare conglomerate reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.09. UnitedHealth Group had a return on equity of 21.29% and a net margin of 5.25%. The business had revenue of $52.06 billion during the quarter, compared to analysts’ expectations of $51.57 billion. During the same quarter last year, the business posted $2.11 EPS. The business’s revenue was up 9.5% on a year-over-year basis.

Several other equities research analysts have also recently weighed in on UNH. Zacks Investment Research upgraded UnitedHealth Group from a “hold” rating to a “buy” rating and set a $219.00 price objective for the company in a report on Thursday, September 21st. ValuEngine cut UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $210.00 price objective on shares of UnitedHealth Group in a report on Tuesday, October 10th. Jefferies Group increased their price objective on UnitedHealth Group from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, October 13th. Finally, BMO Capital Markets assumed coverage on UnitedHealth Group in a research note 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 assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $241.30.

UnitedHealth Group (UNH) traded down $0.82 during midday trading on Friday, reaching $242.34. The company’s stock had a trading volume of 1,410,402 shares, compared to its average volume of 3,634,767. UnitedHealth Group has a 1-year low of $156.49 and a 1-year high of $243.90. The company has a current ratio of 0.73, a quick ratio of 0.70 and a debt-to-equity ratio of 0.58. The stock has a market cap of $234,490.00, a PE ratio of 22.63, a P/E/G ratio of 1.45 and a beta of 0.66.

A number of hedge funds have recently bought and sold shares of UNH. Capital International Investors increased its position in UnitedHealth Group by 399.3% during the 3rd quarter. Capital International Investors now owns 4,132,602 shares of the healthcare conglomerate’s stock valued at $809,370,000 after buying an additional 3,304,902 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of UnitedHealth Group by 146.0% in the 3rd quarter. Jennison Associates LLC now owns 5,541,977 shares of the healthcare conglomerate’s stock worth $1,085,396,000 after purchasing an additional 3,289,470 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of UnitedHealth Group by 1,820.1% in the 2nd quarter. Janus Henderson Group PLC now owns 2,388,641 shares of the healthcare conglomerate’s stock worth $442,896,000 after purchasing an additional 2,264,242 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of UnitedHealth Group by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 64,578,618 shares of the healthcare conglomerate’s stock worth $11,974,168,000 after purchasing an additional 1,588,516 shares in the last quarter. Finally, Parametric Portfolio Associates LLC increased its holdings in shares of UnitedHealth Group by 77.3% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 3,584,134 shares of the healthcare conglomerate’s stock worth $664,570,000 after purchasing an additional 1,562,661 shares in the last quarter. 86.09% of the stock is owned by institutional investors.

In related news, Director Gail R. Wilensky sold 5,600 shares of the firm’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 transaction of $1,250,536.00. Following the completion of the transaction, the director now owns 61,137 shares of the company’s stock, valued at approximately $13,652,503.47. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michele J. Hooper sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were 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 disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,655 shares of company stock valued at $7,469,083. 0.89% of the stock is owned by corporate insiders.

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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.

Earnings History and Estimates for UnitedHealth Group (NYSE:UNH)

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