BKM Wealth Management LLC Boosts Position in UnitedHealth Group Incorporated $UNH

Key Points

• BKM Wealth Management LLC increased its holdings in UnitedHealth Group by 29.3% in the second quarter, bringing its total to 5,726 shares, valued at approximately $1.79 million.
• UnitedHealth Group reported a missed earnings estimate for the quarter with $4.08 EPS, falling short of the consensus of $4.45 EPS, and had a revenue of $111.62 billion.
• The company has recently announced a quarterly dividend of $2.21, with an annualized yield of 2.5% and a dividend payout ratio of 38.30%.

BKM Wealth Management LLC raised its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 29.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 5,726 shares of the healthcare conglomerate's stock after purchasing an additional 1,296 shares during the period. BKM Wealth Management LLC's holdings in UnitedHealth Group were worth $1,786,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bayforest Capital Ltd increased its position in UnitedHealth Group by 685.7% during the 1st quarter. Bayforest Capital Ltd now owns 55 shares of the healthcare conglomerate's stock valued at $29,000 after purchasing an additional 48 shares during the period. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of UnitedHealth Group by 416.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 62 shares of the healthcare conglomerate's stock valued at $32,000 after buying an additional 50 shares in the last quarter. Kentucky Trust Co boosted its holdings in shares of UnitedHealth Group by 53.8% in the 2nd quarter. Kentucky Trust Co now owns 143 shares of the healthcare conglomerate's stock valued at $45,000 after buying an additional 50 shares in the last quarter. O Brien Wealth Partners LLC boosted its holdings in shares of UnitedHealth Group by 74.0% in the 1st quarter. O Brien Wealth Partners LLC now owns 87 shares of the healthcare conglomerate's stock valued at $46,000 after buying an additional 37 shares in the last quarter. Finally, Cloud Capital Management LLC bought a new stake in shares of UnitedHealth Group in the 1st quarter valued at about $53,000. Hedge funds and other institutional investors own 87.86% of the company's stock.

UnitedHealth Group Price Performance

Shares of NYSE UNH opened at $356.53 on Friday. UnitedHealth Group Incorporated has a one year low of $234.60 and a one year high of $630.73. The firm has a market cap of $322.90 billion, a PE ratio of 15.45, a PEG ratio of 2.31 and a beta of 0.47. The firm has a fifty day moving average of $329.38 and a 200 day moving average of $343.62. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.85 and a current ratio of 0.85.

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

UnitedHealth Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Monday, September 15th were given a $2.21 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $8.84 dividend on an annualized basis and a yield of 2.5%. UnitedHealth Group's dividend payout ratio is presently 38.30%.

Analyst Upgrades and Downgrades

UNH has been the topic of a number of recent analyst reports. Truist Financial raised their price target on shares of UnitedHealth Group from $310.00 to $365.00 and gave the company a "buy" rating in a report on Tuesday, September 9th. Baird R W downgraded shares of UnitedHealth Group from a "hold" rating to a "strong sell" rating in a research report on Thursday, July 31st. Morgan Stanley boosted their target price on shares of UnitedHealth Group from $325.00 to $395.00 and gave the stock an "overweight" rating in a research report on Friday, September 12th. Barclays boosted their target price on shares of UnitedHealth Group from $352.00 to $386.00 and gave the stock an "overweight" rating in a research report on Thursday, October 9th. Finally, Jefferies Financial Group lifted their price objective on shares of UnitedHealth Group from $317.00 to $409.00 and gave the company a "buy" rating in a research note on Friday. Eighteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $385.13.

UnitedHealth Group Company 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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