UnitedHealth Group Incorporated $UNH Stake Lifted by CMH Wealth Management LLC

Key Points

• CMH Wealth Management LLC increased its UnitedHealth Group holdings by 86.5%, acquiring 11,987 shares in the second quarter, now making it their 23rd largest investment.
• UnitedHealth Group reported $4.08 EPS for the latest quarter, missing estimates and experiencing a 12.9% revenue increase year-over-year.
• The company declared a quarterly dividend of $2.21 per share, with a current yield of 2.6% and a payout ratio of 38.30%.

CMH Wealth Management LLC boosted its stake in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 86.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,839 shares of the healthcare conglomerate's stock after purchasing an additional 11,987 shares during the period. UnitedHealth Group comprises 1.9% of CMH Wealth Management LLC's investment portfolio, making the stock its 23rd largest position. CMH Wealth Management LLC's holdings in UnitedHealth Group were worth $8,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Pinnacle Bancorp Inc. boosted its position in shares of UnitedHealth Group by 4.6% during the second quarter. Pinnacle Bancorp Inc. now owns 2,343 shares of the healthcare conglomerate's stock valued at $731,000 after purchasing an additional 102 shares in the last quarter. Wright Investors Service Inc. grew its position in shares of UnitedHealth Group by 50.6% in the 2nd quarter. Wright Investors Service Inc. now owns 12,720 shares of the healthcare conglomerate's stock worth $3,968,000 after buying an additional 4,271 shares during the period. AA Financial Advisors LLC lifted its position in UnitedHealth Group by 20.0% during the 2nd quarter. AA Financial Advisors LLC now owns 2,205 shares of the healthcare conglomerate's stock valued at $688,000 after acquiring an additional 367 shares during the period. Viking Fund Management LLC increased its stake in shares of UnitedHealth Group by 50.0% during the second quarter. Viking Fund Management LLC now owns 6,000 shares of the healthcare conglomerate's stock valued at $1,872,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Bell Bank boosted its position in shares of UnitedHealth Group by 20.6% in the 2nd quarter. Bell Bank now owns 3,754 shares of the healthcare conglomerate's stock worth $1,171,000 after purchasing an additional 641 shares in the last quarter. Institutional investors own 87.86% of the company's stock.

UnitedHealth Group Trading Up 1.4%

Shares of UnitedHealth Group stock traded up $4.80 during mid-day trading on Monday, hitting $341.49. The stock had a trading volume of 8,872,976 shares, compared to its average volume of 13,010,143. The firm has a 50-day moving average of $295.67 and a two-hundred day moving average of $363.56. UnitedHealth Group Incorporated has a 12-month low of $234.60 and a 12-month high of $630.73. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.73. The firm has a market cap of $309.27 billion, a P/E ratio of 14.80, a price-to-earnings-growth ratio of 2.20 and a beta of 0.44.

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 (EPS) 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 analyst estimates of $111.75 billion. During the same period last year, the company earned $6.80 earnings per share. The business'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. Sell-side analysts forecast that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Monday, September 15th will be issued a $2.21 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $8.84 annualized dividend and a yield of 2.6%. UnitedHealth Group's dividend payout ratio is currently 38.30%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on UNH shares. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $440.00 target price on shares of UnitedHealth Group in a report on Tuesday, August 26th. Bank of America increased their target price on UnitedHealth Group from $290.00 to $325.00 and gave the company a "neutral" rating in a report on Monday, August 18th. Sanford C. Bernstein increased their target price on shares of UnitedHealth Group from $337.00 to $379.00 and gave the stock an "outperform" rating in a report on Friday, September 5th. 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 report on Friday, September 12th. Finally, Barclays lifted their price objective on shares of UnitedHealth Group from $337.00 to $352.00 and gave the company an "overweight" rating in a report on Thursday, September 4th. Sixteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average 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.