Toronto Dominion Bank boosted its position in UnitedHealth Group Inc (NYSE:UNH) by 69.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 383,943 shares of the healthcare conglomerate’s stock after buying an additional 156,892 shares during the quarter. Toronto Dominion Bank’s holdings in UnitedHealth Group were worth $75,193,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Regal Wealth Group Inc. raised its stake in shares of UnitedHealth Group by 0.4% in the 2nd quarter. Regal Wealth Group Inc. now owns 746 shares of the healthcare conglomerate’s stock valued at $138,000 after purchasing an additional 3 shares in the last quarter. Jackson Grant Investment Advisers Inc. raised its stake in shares of UnitedHealth Group by 0.4% in the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 1,101 shares of the healthcare conglomerate’s stock valued at $204,000 after purchasing an additional 4 shares in the last quarter. RB Capital Management LLC raised its stake in shares of UnitedHealth Group by 0.4% in the 2nd quarter. RB Capital Management LLC now owns 1,732 shares of the healthcare conglomerate’s stock valued at $321,000 after purchasing an additional 7 shares in the last quarter. RNC Capital Management LLC raised its stake in shares of UnitedHealth Group by 0.7% in the 2nd quarter. RNC Capital Management LLC now owns 1,940 shares of the healthcare conglomerate’s stock valued at $360,000 after purchasing an additional 13 shares in the last quarter. Finally, Highland Private Wealth Management raised its stake in shares of UnitedHealth Group by 0.4% in the 2nd quarter. Highland Private Wealth Management now owns 3,199 shares of the healthcare conglomerate’s stock valued at $593,000 after purchasing an additional 13 shares in the last quarter. Hedge funds and other institutional investors own 86.01% of the company’s stock.

UnitedHealth Group Inc (NYSE UNH) opened at $225.39 on Friday. UnitedHealth Group Inc has a 1 year low of $156.09 and a 1 year high of $231.77. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.52. The company has a market cap of $217,920.00, a PE ratio of 25.61, a price-to-earnings-growth ratio of 1.57 and a beta of 0.66.

UnitedHealth Group (NYSE:UNH) last posted its earnings results on Tuesday, October 17th. The healthcare conglomerate reported $2.66 EPS for the quarter, topping the consensus estimate of $2.57 by $0.09. UnitedHealth Group had a net margin of 4.50% and a return on equity of 21.52%. The firm had revenue of $50.32 billion during the quarter, compared to analysts’ expectations of $50.38 billion. During the same quarter in the prior year, the firm earned $2.17 EPS. UnitedHealth Group’s quarterly revenue was up 8.7% on a year-over-year basis. sell-side analysts forecast that UnitedHealth Group Inc will post 9.99 earnings per share for the current year.

UNH has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $219.00 target price on the stock in a research note on Thursday, September 21st. Citigroup increased their price objective on shares of UnitedHealth Group from $213.00 to $235.00 and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Leerink Swann reiterated a “buy” rating and set a $240.00 price objective (up previously from $225.00) on shares of UnitedHealth Group in a research note on Wednesday, October 18th. Cantor Fitzgerald reiterated a “buy” rating and set a $208.00 price objective on shares of UnitedHealth Group in a research note on Tuesday, October 17th. Finally, Jefferies Group increased their price objective on shares of UnitedHealth Group from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, October 13th. Three research analysts have rated the stock with a hold rating and twenty-five have issued a buy rating to the company. UnitedHealth Group presently has a consensus rating of “Buy” and an average target price of $226.74.

In other news, insider Thomas E. Roos sold 975 shares of the stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of $205.47, for a total value of $200,333.25. Following the completion of the transaction, the insider now directly owns 24,630 shares in the company, valued at $5,060,726.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gail R. Wilensky sold 5,600 shares of the stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $223.31, for a total transaction of $1,250,536.00. Following the completion of the transaction, the director now owns 61,137 shares of the company’s stock, valued at $13,652,503.47. The disclosure for this sale can be found here. Insiders sold 34,630 shares of company stock valued at $7,669,416 over the last quarter. Insiders own 0.89% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “UnitedHealth Group Inc (UNH) Holdings Boosted by Toronto Dominion Bank” was originally published by Watch List News and is owned by of Watch List News. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at https://www.watchlistnews.com/unitedhealth-group-inc-unh-holdings-boosted-by-toronto-dominion-bank/1804219.html.

UnitedHealth Group Profile

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.

Want to see what other hedge funds are holding UNH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UnitedHealth Group Inc (NYSE:UNH).

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

Receive News & Ratings for UnitedHealth Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UnitedHealth Group and related companies with MarketBeat.com's FREE daily email newsletter.