First National Trust Co. raised its holdings in UnitedHealth Group Inc (NYSE:UNH) by 9.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,476 shares of the healthcare conglomerate’s stock after purchasing an additional 3,187 shares during the quarter. First National Trust Co.’s holdings in UnitedHealth Group were worth $7,340,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in UNH. Handelsbanken Fonder AB grew its stake in UnitedHealth Group by 34.3% in the 2nd quarter. Handelsbanken Fonder AB now owns 580,300 shares of the healthcare conglomerate’s stock valued at $107,599,000 after purchasing an additional 148,200 shares during the period. Catawba Capital Management VA grew its stake in UnitedHealth Group by 12.7% in the 2nd quarter. Catawba Capital Management VA now owns 4,245 shares of the healthcare conglomerate’s stock valued at $787,000 after purchasing an additional 480 shares during the period. Xact Kapitalforvaltning AB grew its stake in UnitedHealth Group by 7.8% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 175,331 shares of the healthcare conglomerate’s stock valued at $32,510,000 after purchasing an additional 12,620 shares during the period. Centre Asset Management LLC grew its stake in UnitedHealth Group by 12.0% in the 2nd quarter. Centre Asset Management LLC now owns 74,820 shares of the healthcare conglomerate’s stock valued at $13,873,000 after purchasing an additional 8,010 shares during the period. Finally, Factory Mutual Insurance Co. grew its stake in UnitedHealth Group by 20.9% in the 2nd quarter. Factory Mutual Insurance Co. now owns 416,600 shares of the healthcare conglomerate’s stock valued at $77,245,000 after purchasing an additional 72,000 shares during the period. Hedge funds and other institutional investors own 86.01% of the company’s stock.

Several research firms have recently weighed in on UNH. Leerink Swann reiterated a “buy” rating and set a $240.00 price target (up previously from $225.00) on shares of UnitedHealth Group in a research note on Wednesday, October 18th. Zacks Investment Research upgraded UnitedHealth Group from a “hold” rating to a “buy” rating and set a $219.00 price target for the company in a research note on Thursday, September 21st. Cantor Fitzgerald increased their price target on UnitedHealth Group to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 18th. Oppenheimer increased their price target on UnitedHealth Group from $215.00 to $205.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 18th. Finally, Wells Fargo & Co reiterated an “outperform” rating and set a $245.00 price target (up previously from $230.00) on shares of UnitedHealth Group in a research note on Wednesday, November 29th. Three analysts have rated the stock with a hold rating and twenty-five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $229.54.

Shares of UnitedHealth Group Inc (NYSE:UNH) opened at $228.64 on Friday. UnitedHealth Group Inc has a 1-year low of $156.09 and a 1-year high of $231.77. The firm has a market capitalization of $221,060.00, a PE ratio of 25.98, a price-to-earnings-growth ratio of 1.57 and a beta of 0.66. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.52.

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

In related news, insider Thomas E. Roos sold 975 shares of the firm’s stock in a transaction dated Thursday, October 19th. The stock was sold at an average price of $205.47, for a total transaction of $200,333.25. Following the transaction, the insider now directly owns 24,630 shares of the company’s stock, valued at approximately $5,060,726.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Kenneth Irwin Shine sold 457 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $211.03, for a total value of $96,440.71. The disclosure for this sale can be found here. In the last ninety days, insiders sold 34,630 shares of company stock worth $7,669,416. Insiders own 0.89% of the company’s stock.

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UnitedHealth Group Company 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.

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

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