Sumitomo Life Insurance Co. lifted its stake in UnitedHealth Group Inc (NYSE:UNH) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,928 shares of the healthcare conglomerate’s stock after buying an additional 1,705 shares during the period. UnitedHealth Group comprises 1.1% of Sumitomo Life Insurance Co.’s portfolio, making the stock its 13th biggest holding. Sumitomo Life Insurance Co.’s holdings in UnitedHealth Group were worth $9,386,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Ferris Capital LLC lifted its stake in UnitedHealth Group by 17.7% during the fourth quarter. Ferris Capital LLC now owns 2,439 shares of the healthcare conglomerate’s stock worth $717,000 after purchasing an additional 366 shares during the period. Advisor Partners LLC lifted its stake in UnitedHealth Group by 9.5% during the fourth quarter. Advisor Partners LLC now owns 35,121 shares of the healthcare conglomerate’s stock worth $10,410,000 after purchasing an additional 3,047 shares during the period. Chicago Partners Investment Group LLC bought a new position in UnitedHealth Group during the fourth quarter worth about $364,000. Accredited Investors Inc. lifted its stake in UnitedHealth Group by 4.2% during the fourth quarter. Accredited Investors Inc. now owns 13,325 shares of the healthcare conglomerate’s stock worth $3,917,000 after purchasing an additional 534 shares during the period. Finally, Segment Wealth Management LLC lifted its stake in UnitedHealth Group by 2.5% during the fourth quarter. Segment Wealth Management LLC now owns 23,895 shares of the healthcare conglomerate’s stock worth $7,025,000 after purchasing an additional 581 shares during the period. Institutional investors and hedge funds own 85.79% of the company’s stock.

Shares of NYSE:UNH traded down $7.02 during trading on Friday, reaching $292.44. The stock had a trading volume of 1,634,889 shares, compared to its average volume of 3,071,641. UnitedHealth Group Inc has a 52 week low of $208.07 and a 52 week high of $302.54. The business’s 50-day moving average price is $291.61 and its 200 day moving average price is $257.23. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.69 and a quick ratio of 0.70. The stock has a market capitalization of $284.78 billion, a PE ratio of 20.41, a P/E/G ratio of 1.47 and a beta of 0.65.

UnitedHealth Group (NYSE:UNH) last posted its earnings results on Wednesday, January 15th. The healthcare conglomerate reported $3.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.77 by $0.13. UnitedHealth Group had a net margin of 5.71% and a return on equity of 25.55%. The company had revenue of $60.90 billion during the quarter, compared to analysts’ expectations of $61.17 billion. During the same quarter in the previous year, the company posted $3.28 earnings per share. UnitedHealth Group’s quarterly revenue was up 4.3% compared to the same quarter last year. Analysts forecast that UnitedHealth Group Inc will post 16.47 EPS for the current year.

A number of research analysts have commented on the stock. Credit Suisse Group raised their price target on shares of UnitedHealth Group from $320.00 to $330.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 8th. Wells Fargo & Co restated an “overweight” rating and set a $335.00 price target (up previously from $318.00) on shares of UnitedHealth Group in a research note on Wednesday, December 11th. UBS Group raised their price target on shares of UnitedHealth Group from $279.00 to $304.00 and gave the stock a “neutral” rating in a research note on Thursday, January 16th. Jefferies Financial Group cut shares of UnitedHealth Group from a “buy” rating to a “hold” rating and cut their price target for the stock from $300.00 to $235.00 in a research note on Thursday, October 10th. Finally, Mizuho restated a “buy” rating and set a $300.00 price target (up previously from $270.00) on shares of UnitedHealth Group in a research note on Tuesday, November 26th. Five research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $313.50.

In other news, Director Richard T. Burke sold 15,000 shares of UnitedHealth Group stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $299.45, for a total value of $4,491,750.00. Following the completion of the transaction, the director now owns 158,598 shares in the company, valued at $47,492,171.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Thomas E. Roos sold 1,177 shares of UnitedHealth Group stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $255.04, for a total transaction of $300,182.08. Following the completion of the transaction, the chief accounting officer now owns 21,687 shares of the company’s stock, valued at approximately $5,531,052.48. The disclosure for this sale can be found here. Insiders sold 23,577 shares of company stock valued at $6,810,430 in the last quarter. 0.87% of the stock is currently owned by corporate insiders.

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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