Sii Investments Inc. WI boosted its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 0.2% during the first quarter, Holdings Channel reports. The firm owned 8,597 shares of the healthcare conglomerate’s stock after buying an additional 14 shares during the period. Sii Investments Inc. WI’s holdings in UnitedHealth Group were worth $1,406,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Quadrant Capital Group LLC boosted its stake in UnitedHealth Group by 4.4% in the first quarter. Quadrant Capital Group LLC now owns 4,244 shares of the healthcare conglomerate’s stock worth $684,000 after buying an additional 180 shares in the last quarter. Gulf International Bank UK Ltd boosted its stake in UnitedHealth Group by 2.9% in the first quarter. Gulf International Bank UK Ltd now owns 300,307 shares of the healthcare conglomerate’s stock worth $49,253,000 after buying an additional 8,593 shares in the last quarter. Raymond James Trust N.A. boosted its stake in UnitedHealth Group by 0.8% in the first quarter. Raymond James Trust N.A. now owns 55,809 shares of the healthcare conglomerate’s stock worth $9,153,000 after buying an additional 456 shares in the last quarter. Osborn Williams & Donohoe LLC boosted its stake in UnitedHealth Group by 31.7% in the first quarter. Osborn Williams & Donohoe LLC now owns 12,796 shares of the healthcare conglomerate’s stock worth $2,099,000 after buying an additional 3,080 shares in the last quarter. Finally, Paradigm Financial Advisors LLC boosted its stake in UnitedHealth Group by 0.4% in the first quarter. Paradigm Financial Advisors LLC now owns 2,761 shares of the healthcare conglomerate’s stock worth $452,000 after buying an additional 11 shares in the last quarter. 86.37% of the stock is owned by hedge funds and other institutional investors.

Shares of UnitedHealth Group Incorporated (NYSE:UNH) traded up 0.23% during mid-day trading on Friday, reaching $193.02. 2,210,720 shares of the company traded hands. UnitedHealth Group Incorporated has a 52-week low of $132.39 and a 52-week high of $196.04. The company’s 50 day moving average is $189.36 and its 200 day moving average is $174.75. The stock has a market capitalization of $186.62 billion, a price-to-earnings ratio of 23.19 and a beta of 0.64.

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

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A number of equities research analysts recently issued reports on the stock. Cowen and Company reissued an “outperform” rating and issued a $220.00 price target (up previously from $175.00) on shares of UnitedHealth Group in a research note on Friday. Zacks Investment Research raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $215.00 price target on the stock in a research note on Tuesday, August 1st. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $205.00 price target (up previously from $203.00) on shares of UnitedHealth Group in a research note on Friday, July 21st. Sanford C. Bernstein reissued an “outperform” rating and issued a $210.00 price target (up previously from $190.00) on shares of UnitedHealth Group in a research note on Saturday, July 22nd. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $208.00 price target on shares of UnitedHealth Group in a research note on Friday, July 21st. One analyst has rated the stock with a hold rating and twenty-four have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $202.20.

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

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.

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

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