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Coppell Advisory Solutions LLC Purchases 3,081 Shares of UnitedHealth Group Incorporated $UNH

UnitedHealth Group logo with Medical background

Key Points

  • Coppell Advisory Solutions LLC increased its holdings in UnitedHealth Group by 166.4%, purchasing an additional 3,081 shares, bringing their total ownership to 4,933 shares worth approximately $2.58 million.
  • The company's CEO, Patrick Hugh Conway, sold 589 shares at an average price of $305 each, reducing his position by 5.36%.
  • UnitedHealth Group announced a quarterly dividend of $2.21 per share, representing a 2.8% yield for shareholders of record on September 15th.
  • MarketBeat previews the top five stocks to own by October 1st.

Coppell Advisory Solutions LLC grew its position in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 166.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,933 shares of the healthcare conglomerate's stock after buying an additional 3,081 shares during the period. Coppell Advisory Solutions LLC's holdings in UnitedHealth Group were worth $2,584,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of UNH. Bayforest Capital Ltd boosted its stake in UnitedHealth Group by 685.7% in the 1st quarter. Bayforest Capital Ltd now owns 55 shares of the healthcare conglomerate's stock worth $29,000 after purchasing an additional 48 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in UnitedHealth Group by 416.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 62 shares of the healthcare conglomerate's stock worth $32,000 after purchasing an additional 50 shares in the last quarter. Copia Wealth Management acquired a new stake in UnitedHealth Group in the 4th quarter worth approximately $42,000. IAG Wealth Partners LLC acquired a new stake in UnitedHealth Group in the 1st quarter worth approximately $42,000. Finally, Investment Management Corp VA ADV acquired a new stake in UnitedHealth Group in the 4th quarter worth approximately $44,000. 87.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at UnitedHealth Group

In other UnitedHealth Group news, CEO Patrick Hugh Conway sold 589 shares of UnitedHealth Group stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $305.00, for a total transaction of $179,645.00. Following the sale, the chief executive officer owned 10,398 shares of the company's stock, valued at $3,171,390. The trade was a 5.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.28% of the stock is currently owned by company insiders.

UnitedHealth Group Price Performance

NYSE:UNH opened at $315.10 on Monday. The firm has a market cap of $285.38 billion, a price-to-earnings ratio of 13.65, a price-to-earnings-growth ratio of 2.04 and a beta of 0.44. The company has a 50 day moving average price of $288.78 and a 200-day moving average price of $372.56. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85. UnitedHealth Group Incorporated has a 1-year low of $234.60 and a 1-year high of $630.73.

UnitedHealth Group (NYSE:UNH - Get Free Report) last issued its quarterly 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 company had revenue of $111.62 billion during the quarter, compared to analysts' expectations 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 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. Equities research analysts forecast that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Monday, September 15th will be paid a dividend of $2.21 per share. This represents a $8.84 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, September 15th. UnitedHealth Group's payout ratio is 38.30%.

Analyst Ratings Changes

Several brokerages have commented on UNH. Morgan Stanley decreased their price objective on shares of UnitedHealth Group from $342.00 to $325.00 and set an "overweight" rating for the company in a research note on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of UnitedHealth Group from $521.00 to $362.00 and set a "buy" rating for the company in a research note on Wednesday, May 14th. Royal Bank Of Canada decreased their price objective on shares of UnitedHealth Group from $355.00 to $286.00 and set an "outperform" rating for the company in a research note on Wednesday, July 30th. TD Securities reaffirmed a "hold" rating and set a $308.00 target price (down from $520.00) on shares of UnitedHealth Group in a report on Monday, May 19th. Finally, Baird R W lowered shares of UnitedHealth Group from a "hold" rating to a "strong sell" rating in a report on Thursday, July 31st. Sixteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, UnitedHealth Group has a consensus rating of "Moderate Buy" and an average price target of $354.86.

Check Out Our Latest Stock Report on UNH

UnitedHealth Group Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for UnitedHealth Group (NYSE:UNH)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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