National Asset Management Inc. boosted its position in UnitedHealth Group Inc (NYSE:UNH) by 18.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 13,036 shares of the healthcare conglomerate’s stock after acquiring an additional 1,988 shares during the quarter. National Asset Management Inc.’s holdings in UnitedHealth Group were worth $3,250,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of UNH. Crewe Advisors LLC bought a new stake in shares of UnitedHealth Group in the 4th quarter worth about $25,000. Pearl River Capital LLC bought a new stake in shares of UnitedHealth Group in the 4th quarter worth about $35,000. Ipswich Investment Management Co. Inc. bought a new stake in shares of UnitedHealth Group in the 4th quarter worth about $40,000. OLD Second National Bank of Aurora increased its position in shares of UnitedHealth Group by 70.0% in the 4th quarter. OLD Second National Bank of Aurora now owns 170 shares of the healthcare conglomerate’s stock worth $42,000 after purchasing an additional 70 shares during the last quarter. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of UnitedHealth Group in the 4th quarter worth about $42,000. Hedge funds and other institutional investors own 86.59% of the company’s stock.

Several equities research analysts have recently weighed in on the stock. Stephens assumed coverage on shares of UnitedHealth Group in a research report on Monday, January 14th. They issued an “overweight” rating and a $287.00 target price for the company. Piper Jaffray Companies boosted their price objective on shares of UnitedHealth Group to $312.00 and gave the company an “overweight” rating in a research report on Wednesday, November 28th. ValuEngine downgraded shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 27th. Zacks Investment Research raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $279.00 price objective for the company in a research report on Saturday, January 5th. Finally, BMO Capital Markets set a $310.00 price objective on shares of UnitedHealth Group and gave the company a “buy” rating in a research report on Tuesday, November 27th. Three investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. UnitedHealth Group currently has a consensus rating of “Buy” and a consensus target price of $297.80.

In other news, Director William C. Ballard, Jr. sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 22nd. The shares were sold at an average price of $266.61, for a total value of $1,333,050.00. Following the completion of the sale, the director now directly owns 77,702 shares of the company’s stock, valued at approximately $20,716,130.22. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gail R. Wilensky sold 2,930 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director now directly owns 64,726 shares of the company’s stock, valued at $16,400,921.14. The disclosure for this sale can be found here. Insiders have sold a total of 32,930 shares of company stock valued at $8,495,383 over the last three months. 0.87% of the stock is currently owned by company insiders.

UnitedHealth Group stock opened at $246.86 on Tuesday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.64. The stock has a market cap of $237.09 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 1.26 and a beta of 0.79. UnitedHealth Group Inc has a 52-week low of $214.00 and a 52-week high of $287.94.

UnitedHealth Group (NYSE:UNH) last posted its earnings results on Tuesday, January 15th. The healthcare conglomerate reported $3.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.20 by $0.08. The firm had revenue of $58.42 billion during the quarter, compared to analyst estimates of $58.01 billion. UnitedHealth Group had a net margin of 5.30% and a return on equity of 24.38%. UnitedHealth Group’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business posted $2.59 EPS. Equities analysts forecast that UnitedHealth Group Inc will post 14.62 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Monday, March 11th were paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date was Friday, March 8th. UnitedHealth Group’s payout ratio is 27.95%.

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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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