Stone Ridge Asset Management LLC decreased its holdings in UnitedHealth Group Inc (NYSE:UNH) by 22.9% in the 4th quarter, Holdings Channel reports. The firm owned 42,528 shares of the healthcare conglomerate’s stock after selling 12,605 shares during the period. UnitedHealth Group accounts for about 0.6% of Stone Ridge Asset Management LLC’s investment portfolio, making the stock its 18th biggest holding. Stone Ridge Asset Management LLC’s holdings in UnitedHealth Group were worth $10,595,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in UNH. Oregon Public Employees Retirement Fund raised its position in UnitedHealth Group by 50,446.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 53,349,795 shares of the healthcare conglomerate’s stock valued at $214,000 after purchasing an additional 53,244,249 shares during the last quarter. BlackRock Inc. raised its position in UnitedHealth Group by 3.1% during the 4th quarter. BlackRock Inc. now owns 69,831,381 shares of the healthcare conglomerate’s stock worth $17,396,391,000 after buying an additional 2,123,417 shares during the last quarter. Rehmann Capital Advisory Group raised its position in UnitedHealth Group by 26,088.2% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,723,185 shares of the healthcare conglomerate’s stock worth $6,477,000 after buying an additional 1,716,605 shares during the last quarter. Vanguard Group Inc raised its position in UnitedHealth Group by 1.6% during the 3rd 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 during the last quarter. Finally, Morgan Stanley raised its position in UnitedHealth Group by 18.1% during the 3rd quarter. Morgan Stanley now owns 6,495,072 shares of the healthcare conglomerate’s stock worth $1,727,948,000 after buying an additional 996,515 shares during the last quarter. Hedge funds and other institutional investors own 86.68% of the company’s stock.

A number of equities analysts have commented on UNH shares. Cleveland Research restated a “buy” rating on shares of UnitedHealth Group in a research report on Friday, January 11th. Credit Suisse Group restated a “buy” rating and set a $310.00 price objective on shares of UnitedHealth Group in a research report on Friday, February 8th. Stephens started coverage on shares of UnitedHealth Group in a research report on Monday, January 14th. They set an “overweight” rating and a $287.00 price objective for the company. Zacks Investment Research downgraded shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 19th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $310.00 price objective on shares of UnitedHealth Group in a research report on Tuesday, January 15th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. UnitedHealth Group presently has an average rating of “Buy” and an average price target of $291.56.

In other news, Director Richard T. Burke sold 5,000 shares of the company’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $257.32, for a total transaction of $1,286,600.00. Following the transaction, the director now directly owns 182,454 shares of the company’s stock, valued at approximately $46,949,063.28. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Gail R. Wilensky sold 2,930 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $253.39, for a total transaction of $742,432.70. Following the transaction, the director now directly owns 64,726 shares in the company, valued at $16,400,921.14. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 17,930 shares of company stock worth $4,587,133. Corporate insiders own 0.87% of the company’s stock.

NYSE:UNH opened at $221.75 on Monday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.73 and a current ratio of 0.73. UnitedHealth Group Inc has a fifty-two week low of $208.07 and a fifty-two week high of $287.94. The firm has a market cap of $212.78 billion, a PE ratio of 17.22, a P/E/G ratio of 1.19 and a beta of 0.79.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings results on Tuesday, April 16th. The healthcare conglomerate reported $3.73 earnings per share for the quarter, topping the Zacks’ consensus estimate of $3.60 by $0.13. UnitedHealth Group had a net margin of 5.45% and a return on equity of 25.07%. The business had revenue of $60.30 billion for the quarter, compared to analysts’ expectations of $59.72 billion. During the same period in the prior year, the company posted $3.04 EPS. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. As a group, equities research analysts expect that UnitedHealth Group Inc will post 14.7 earnings per share for the current fiscal year.

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About UnitedHealth Group

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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