UnitedHealth Group Inc (NYSE:UNH) Director Richard T. Burke sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of $248.00, for a total value of $2,480,000.00. Following the completion of the sale, the director now directly owns 187,663 shares in the company, valued at approximately $46,540,424. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of UNH traded up $0.34 during trading hours on Thursday, hitting $244.84. The stock had a trading volume of 1,303,700 shares, compared to its average volume of 3,790,849. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $233.66 billion, a P/E ratio of 19.01, a price-to-earnings-growth ratio of 1.32 and a beta of 0.66. UnitedHealth Group Inc has a 12-month low of $208.07 and a 12-month high of $287.94.

UnitedHealth Group (NYSE:UNH) last issued its earnings results on Tuesday, April 16th. The healthcare conglomerate reported $3.73 earnings per share for the quarter, topping the consensus estimate of $3.60 by $0.13. The business had revenue of $60.30 billion for the quarter, compared to analyst estimates of $59.72 billion. UnitedHealth Group had a return on equity of 25.07% and a net margin of 5.45%. The business’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period last year, the company posted $3.04 EPS. Sell-side analysts predict that UnitedHealth Group Inc will post 14.71 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 25th. Investors of record on Monday, June 17th will be given a $1.08 dividend. This is a positive change from UnitedHealth Group’s previous quarterly dividend of $0.90. This represents a $4.32 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend is Friday, June 14th. UnitedHealth Group’s dividend payout ratio (DPR) is 27.95%.

Institutional investors and hedge funds have recently modified their holdings of the stock. Crewe Advisors LLC purchased a new position in shares of UnitedHealth Group in the 4th quarter worth $25,000. Harvest Group Wealth Management LLC acquired a new stake in UnitedHealth Group in the 1st quarter valued at $31,000. Pearl River Capital LLC acquired a new stake in UnitedHealth Group in the 4th quarter valued at $35,000. Canton Hathaway LLC acquired a new stake in UnitedHealth Group in the 1st quarter valued at $36,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in UnitedHealth Group in the 4th quarter valued at $42,000. 85.74% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have weighed in on the company. Zacks Investment Research lowered UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 21st. Citigroup raised UnitedHealth Group from a “neutral” rating to a “buy” rating and increased their price target for the stock from $247.00 to $280.00 in a research note on Friday, May 10th. UBS Group assumed coverage on UnitedHealth Group in a research note on Tuesday, April 23rd. They set a “neutral” rating and a $238.00 price target on the stock. ValuEngine lowered UnitedHealth Group from a “hold” rating to a “sell” rating in a research note on Thursday, April 18th. Finally, Barclays reduced their price target on UnitedHealth Group from $290.00 to $270.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 17th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $290.84.

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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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