Camelot Portfolios LLC Increases Holdings in UnitedHealth Group Incorporated $UNH

Key Points

• Camelot Portfolios LLC increased its holdings in UnitedHealth Group by 180.5% in the second quarter, now owning 2,412 shares worth approximately $753,000.
• UnitedHealth Group reported $4.08 EPS for the last quarter, missing estimates while achieving a revenue of $111.62 billion, marking a 12.9% year-over-year increase.
• The company recently declared a quarterly dividend of $2.21, yielding 2.6%, with a payout ratio of 38.30%.

Camelot Portfolios LLC grew its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 180.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,412 shares of the healthcare conglomerate's stock after buying an additional 1,552 shares during the period. Camelot Portfolios LLC's holdings in UnitedHealth Group were worth $753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the stock. Johnson & White Wealth Management LLC increased its position in UnitedHealth Group by 17.8% in the 2nd quarter. Johnson & White Wealth Management LLC now owns 2,118 shares of the healthcare conglomerate's stock valued at $661,000 after acquiring an additional 320 shares during the period. Grandview Asset Management LLC purchased a new stake in shares of UnitedHealth Group during the 2nd quarter worth approximately $324,000. Patton Albertson Miller Group LLC boosted its stake in shares of UnitedHealth Group by 1.6% during the 2nd quarter. Patton Albertson Miller Group LLC now owns 2,890 shares of the healthcare conglomerate's stock worth $902,000 after acquiring an additional 45 shares in the last quarter. Sonora Investment Management Group LLC boosted its stake in shares of UnitedHealth Group by 3.4% during the 2nd quarter. Sonora Investment Management Group LLC now owns 24,898 shares of the healthcare conglomerate's stock worth $7,767,000 after acquiring an additional 821 shares in the last quarter. Finally, Financial Partners Group LLC grew its holdings in UnitedHealth Group by 297.8% during the 2nd quarter. Financial Partners Group LLC now owns 31,037 shares of the healthcare conglomerate's stock valued at $9,683,000 after buying an additional 23,235 shares during the last quarter. Institutional investors and hedge funds own 87.86% of the company's stock.

UnitedHealth Group Stock Performance

Shares of NYSE UNH opened at $344.15 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73. The stock has a 50 day simple moving average of $301.20 and a 200-day simple moving average of $359.58. The company has a market cap of $311.69 billion, a PE ratio of 14.91, a P/E/G ratio of 2.24 and a beta of 0.45. UnitedHealth Group Incorporated has a 12-month low of $234.60 and a 12-month high of $630.73.

UnitedHealth Group (NYSE:UNH - Get Free Report) last announced its earnings results on Tuesday, July 29th. The healthcare conglomerate reported $4.08 EPS 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 the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the firm earned $6.80 EPS. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, equities research analysts forecast that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 15th were paid 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 dividend yield of 2.6%. UnitedHealth Group's dividend payout ratio is 38.30%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on UNH. Robert W. Baird reiterated an "underperform" rating and set a $198.00 target price (down previously from $312.00) on shares of UnitedHealth Group in a report on Thursday, July 31st. UBS Group restated a "buy" rating on shares of UnitedHealth Group in a report on Thursday, July 17th. Baird R W cut UnitedHealth Group from a "hold" rating to a "strong sell" rating in a report on Thursday, July 31st. Bank of America raised their price objective on UnitedHealth Group from $290.00 to $325.00 and gave the stock a "neutral" rating in a report on Monday, August 18th. Finally, Truist Financial increased their target price on UnitedHealth Group from $310.00 to $365.00 and gave the stock a "buy" rating in a research report on Tuesday, September 9th. Sixteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $358.95.

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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