Capital Group Private Client Services Inc. Sells 180,887 Shares of UnitedHealth Group Incorporated $UNH

Key Points

• Capital Group Private Client Services Inc. trimmed its holdings by 79.5%, selling 180,887 UnitedHealth shares in Q3 and retaining 46,689 shares worth about $16.12 million.
• Several analysts have cut price targets (e.g., Jefferies to $340, RBC to $361), but the stock maintains a consensus "Moderate Buy" rating with a consensus price target of $372.13.
• UnitedHealth announced a quarterly dividend of $2.21 per share (annualized $8.84), with an ex-dividend date of March 9 and a yield of about 3.1%.

Capital Group Private Client Services Inc. trimmed its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 79.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 46,689 shares of the healthcare conglomerate's stock after selling 180,887 shares during the period. Capital Group Private Client Services Inc.'s holdings in UnitedHealth Group were worth $16,122,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Foster Dykema Cabot & Partners LLC boosted its holdings in UnitedHealth Group by 69.4% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 83 shares of the healthcare conglomerate's stock worth $29,000 after purchasing an additional 34 shares during the last quarter. Hurley Capital LLC increased its position in UnitedHealth Group by 81.6% during the third quarter. Hurley Capital LLC now owns 89 shares of the healthcare conglomerate's stock valued at $31,000 after acquiring an additional 40 shares during the last quarter. Sagard Holdings Management Inc. purchased a new stake in shares of UnitedHealth Group during the 2nd quarter valued at about $29,000. Cloud Capital Management LLC bought a new stake in UnitedHealth Group during the third quarter valued at approximately $32,000. Finally, Grey Fox Wealth Advisors LLC bought a new stake in shares of UnitedHealth Group during the 3rd quarter valued at $33,000. 87.86% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on UNH shares. Jefferies Financial Group decreased their price objective on UnitedHealth Group from $418.00 to $340.00 and set a "buy" rating on the stock in a research note on Wednesday, January 28th. Royal Bank Of Canada decreased their price objective on shares of UnitedHealth Group from $408.00 to $361.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 28th. Oppenheimer lowered their price objective on UnitedHealth Group from $415.00 to $385.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 28th. Sanford C. Bernstein restated an "outperform" rating on shares of UnitedHealth Group in a research note on Wednesday, January 28th. Finally, Weiss Ratings downgraded shares of UnitedHealth Group from a "hold (c-)" rating to a "sell (d+)" rating in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $372.13.

UnitedHealth Group Trading Down 0.5%

Shares of NYSE UNH opened at $284.97 on Tuesday. The stock has a market capitalization of $258.67 billion, a P/E ratio of 21.61, a PEG ratio of 1.32 and a beta of 0.41. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.79 and a quick ratio of 0.79. The business's 50 day moving average is $307.41 and its two-hundred day moving average is $325.89. UnitedHealth Group Incorporated has a 1-year low of $234.60 and a 1-year high of $606.36.

UnitedHealth Group (NYSE:UNH - Get Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The healthcare conglomerate reported $2.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.09 by $0.02. UnitedHealth Group had a return on equity of 14.79% and a net margin of 2.69%.The company had revenue of $113.73 billion during the quarter, compared to the consensus estimate of $113.38 billion. During the same period last year, the company earned $6.81 earnings per share. UnitedHealth Group's revenue was up 12.3% on a year-over-year basis. UnitedHealth Group has set its FY 2026 guidance at 17.750- EPS. As a group, research analysts expect that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Monday, March 9th will be issued a dividend of $2.21 per share. The ex-dividend date is Monday, March 9th. This represents a $8.84 dividend on an annualized basis and a yield of 3.1%. UnitedHealth Group's payout ratio is presently 67.02%.

UnitedHealth Group Profile

UnitedHealth Group Inc is a diversified health care company headquartered in Minnetonka, Minnesota, that operates two primary business platforms: UnitedHealthcare and Optum. Founded in 1977, the company provides a broad range of health benefits and health care services to individuals, employers, governmental entities and other organizations. Its operations span commercial employer-sponsored plans, individual and Medicare and Medicaid programs, and services for customers and health systems in the United States and selected international markets.

UnitedHealthcare is the company's benefits business, administering health plans and networks, managing provider relationships, and offering coverage products for employers, individuals, and government-sponsored programs.

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