53 House LLP Has $45.23 Million Position in UnitedHealth Group Incorporated $UNH

Key Points

• 53 House LLP increased its holdings in UnitedHealth Group by 26.8% in Q1, now owning approximately $45.23 million worth of shares, making it their largest position.
• The company's Q2 earnings report showed a miss with earnings per share at $4.08, below analyst expectations of $4.45, alongside revenues of $111.62 billion.
• UnitedHealth Group recently declared a quarterly dividend of $2.21, with an annual yield of 2.9%, reflecting a payout ratio of 38.30%.

53 House LLP lifted its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 26.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 86,361 shares of the healthcare conglomerate's stock after buying an additional 18,245 shares during the period. UnitedHealth Group accounts for approximately 39.9% of 53 House LLP's holdings, making the stock its biggest position. 53 House LLP's holdings in UnitedHealth Group were worth $45,232,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of UnitedHealth Group during the fourth quarter worth about $26,000. Bayforest Capital Ltd grew its position in shares of UnitedHealth Group by 685.7% during the first quarter. Bayforest Capital Ltd now owns 55 shares of the healthcare conglomerate's stock worth $29,000 after acquiring an additional 48 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its position in shares of UnitedHealth Group by 416.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 62 shares of the healthcare conglomerate's stock worth $32,000 after acquiring an additional 50 shares during the last quarter. IAG Wealth Partners LLC bought a new position in shares of UnitedHealth Group during the first quarter worth about $42,000. Finally, Kapitalo Investimentos Ltda bought a new position in shares of UnitedHealth Group during the fourth quarter worth about $41,000. Institutional investors own 87.86% of the company's stock.

Insider Transactions at UnitedHealth Group

In related news, CEO Patrick Hugh Conway sold 589 shares of the company's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $305.00, for a total transaction of $179,645.00. Following the transaction, the chief executive officer owned 10,398 shares in the company, valued at $3,171,390. This represents a 5.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.28% of the stock is owned by company insiders.

UnitedHealth Group Price Performance

NYSE UNH opened at $307.0980 on Friday. The company has a 50 day simple moving average of $288.39 and a 200-day simple moving average of $388.53. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $278.13 billion, a price-to-earnings ratio of 13.31, a price-to-earnings-growth ratio of 1.98 and a beta of 0.43. UnitedHealth Group Incorporated has a 52-week low of $234.60 and a 52-week high of $630.73.

UnitedHealth Group (NYSE:UNH - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The healthcare conglomerate reported $4.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.45 by ($0.37). The company had revenue of $111.62 billion during the quarter, compared to analysts' expectations of $111.75 billion. UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.UnitedHealth Group's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period last year, the company earned $6.80 earnings per share. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. Equities research analysts predict that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Monday, September 15th will be issued a $2.21 dividend. This represents a $8.84 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, September 15th. UnitedHealth Group's payout ratio is 38.30%.

Analyst Ratings Changes

UNH has been the subject of several recent research reports. Oppenheimer lowered their price target on shares of UnitedHealth Group from $400.00 to $325.00 and set an "outperform" rating for the company in a research report on Wednesday, July 30th. Wells Fargo & Company decreased their target price on shares of UnitedHealth Group from $306.00 to $267.00 and set an "overweight" rating for the company in a research report on Monday, August 4th. Hsbc Global Res lowered shares of UnitedHealth Group from a "hold" rating to a "moderate sell" rating in a research report on Wednesday, May 21st. Bank of America increased their target price on shares of UnitedHealth Group from $290.00 to $325.00 and gave the company a "neutral" rating in a research report on Monday, August 18th. Finally, UBS Group restated a "buy" rating on shares of UnitedHealth Group in a research report on Thursday, July 17th. Fifteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $365.38.

UnitedHealth Group Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. 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; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

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