Calton & Associates Inc. Takes Position in UnitedHealth Group Incorporated $UNH

Key Points

• Calton & Associates Inc. has acquired a new stake in UnitedHealth Group by purchasing 2,874 shares valued at approximately $1,505,000.
• The company recently announced a quarterly dividend of $2.21, which represents an annualized amount of $8.84 and a dividend yield of 2.9%.
• Despite reporting a revenue increase of 12.9%, UnitedHealth Group's earnings of $4.08 per share missed analysts' expectations by $0.37 for the last quarter.

Calton & Associates Inc. bought a new stake in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,874 shares of the healthcare conglomerate's stock, valued at approximately $1,505,000.

A number of other hedge funds also recently bought and sold shares of the company. Saudi Central Bank purchased a new stake in UnitedHealth Group during the first quarter valued at $190,000. Brasada Capital Management LP increased its holdings in UnitedHealth Group by 2.3% during the first quarter. Brasada Capital Management LP now owns 6,335 shares of the healthcare conglomerate's stock valued at $3,504,000 after buying an additional 140 shares during the last quarter. Twin Tree Management LP increased its holdings in UnitedHealth Group by 106.3% during the first quarter. Twin Tree Management LP now owns 4,445 shares of the healthcare conglomerate's stock valued at $2,328,000 after buying an additional 74,845 shares during the last quarter. Second Line Capital LLC increased its stake in shares of UnitedHealth Group by 9.5% in the 1st quarter. Second Line Capital LLC now owns 6,402 shares of the healthcare conglomerate's stock worth $3,353,000 after purchasing an additional 553 shares in the last quarter. Finally, Baird Financial Group Inc. increased its stake in shares of UnitedHealth Group by 5.2% in the 1st quarter. Baird Financial Group Inc. now owns 437,977 shares of the healthcare conglomerate's stock worth $229,391,000 after purchasing an additional 21,826 shares in the last quarter. Hedge funds and other institutional investors own 87.86% of the company's stock.

Insider Activity at UnitedHealth Group

In other news, CEO Patrick Hugh Conway sold 589 shares of UnitedHealth Group stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $305.00, for a total value of $179,645.00. Following the completion of the transaction, the chief executive officer owned 10,398 shares in the company, valued at approximately $3,171,390. The trade was a 5.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.28% of the company's stock.

UnitedHealth Group Stock Performance

NYSE UNH opened at $309.77 on Friday. The business has a 50 day simple moving average of $288.16 and a two-hundred day simple moving average of $380.68. UnitedHealth Group Incorporated has a 1-year low of $234.60 and a 1-year high of $630.73. 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 stock has a market capitalization of $280.55 billion, a PE ratio of 13.42, a P/E/G ratio of 2.00 and a beta of 0.43.

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

UnitedHealth Group Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have commented on UNH. Oppenheimer reduced their price target on UnitedHealth Group from $400.00 to $325.00 and set an "outperform" rating for the company in a research report on Wednesday, July 30th. Raymond James Financial lowered shares of UnitedHealth Group from a "strong-buy" rating to a "market perform" rating in a report on Wednesday, May 14th. Wall Street Zen cut shares of UnitedHealth Group from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. UBS Group reiterated a "buy" rating on shares of UnitedHealth Group in a research note on Thursday, July 17th. Finally, Piper Sandler cut their price target on UnitedHealth Group from $353.00 to $317.00 and set an "overweight" rating for the company in a research note on Wednesday, July 30th. Fifteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, UnitedHealth Group presently has an average rating of "Moderate Buy" and an average price target of $353.00.

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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