Orrstown Financial Services Inc. decreased its position in UnitedHealth Group Inc (NYSE:UNH) by 6.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,659 shares of the healthcare conglomerate’s stock after selling 345 shares during the quarter. UnitedHealth Group makes up approximately 1.7% of Orrstown Financial Services Inc.’s portfolio, making the stock its 8th largest position. Orrstown Financial Services Inc.’s holdings in UnitedHealth Group were worth $1,161,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNH. TIAA CREF Investment Management LLC lifted its holdings in UnitedHealth Group by 7.3% during the third quarter. TIAA CREF Investment Management LLC now owns 5,462,680 shares of the healthcare conglomerate’s stock valued at $1,453,291,000 after purchasing an additional 370,179 shares during the last quarter. Financial Enhancement Group LLC lifted its holdings in UnitedHealth Group by 2,579.3% during the third quarter. Financial Enhancement Group LLC now owns 1,554 shares of the healthcare conglomerate’s stock valued at $413,000 after purchasing an additional 1,496 shares during the last quarter. BLB&B Advisors LLC lifted its holdings in UnitedHealth Group by 5.8% during the fourth quarter. BLB&B Advisors LLC now owns 1,198 shares of the healthcare conglomerate’s stock valued at $298,000 after purchasing an additional 66 shares during the last quarter. Sawtooth Solutions LLC lifted its holdings in UnitedHealth Group by 34.4% during the third quarter. Sawtooth Solutions LLC now owns 4,413 shares of the healthcare conglomerate’s stock valued at $1,174,000 after purchasing an additional 1,129 shares during the last quarter. Finally, Bluefin Trading LLC purchased a new stake in UnitedHealth Group during the third quarter valued at about $578,000. Hedge funds and other institutional investors own 85.31% of the company’s stock.

Several equities research analysts have commented on UNH shares. Oppenheimer upped their price objective on shares of UnitedHealth Group from $300.00 to $305.00 and gave the company an “outperform” rating in a report on Wednesday, January 16th. Argus increased their price target on shares of UnitedHealth Group from $285.00 to $295.00 and gave the stock a “buy” rating in a report on Monday, December 17th. Zacks Investment Research raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $279.00 price target on the stock in a report on Saturday, January 5th. BMO Capital Markets set a $310.00 price target on shares of UnitedHealth Group and gave the stock a “buy” rating in a report on Tuesday, November 27th. Finally, Stephens assumed coverage on shares of UnitedHealth Group in a report on Monday, January 14th. They issued an “overweight” rating and a $287.00 price target on the stock. One analyst has rated the stock with a hold rating and twenty-two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $295.80.

In other news, Director Richard T. Burke sold 6,090 shares of the stock in a transaction that occurred on Wednesday, November 28th. The stock was sold at an average price of $281.72, for a total transaction of $1,715,674.80. Following the completion of the sale, the director now owns 1,711,584 shares of the company’s stock, valued at $482,187,444.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Kenneth Irwin Shine sold 163 shares of the stock in a transaction that occurred on Friday, November 9th. The shares were sold at an average price of $274.83, for a total value of $44,797.29. The disclosure for this sale can be found here. Insiders have sold 26,253 shares of company stock worth $7,001,772 over the last quarter. Company insiders own 0.87% of the company’s stock.

Shares of NYSE UNH opened at $268.21 on Tuesday. UnitedHealth Group Inc has a one year low of $208.48 and a one year high of $287.94. The company has a current ratio of 0.73, a quick ratio of 0.69 and a debt-to-equity ratio of 0.64. The company has a market cap of $258.52 billion, a price-to-earnings ratio of 20.82, a price-to-earnings-growth ratio of 1.38 and a beta of 0.86.

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

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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 care coverage, and 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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