DDD Partners LLC Invests $7.11 Million in UnitedHealth Group Incorporated $UNH

Key Points

• DDD Partners LLC invested approximately $7.11 million in UnitedHealth Group, acquiring 22,785 shares during the second quarter.
• UnitedHealth Group's recent quarterly earnings report revealed an EPS of $4.08, missing forecasts by $0.37, with revenues reaching $111.62 billion.
• The company declared a quarterly dividend of $2.21 per share, reflecting an annualized dividend yield of 2.4%.

DDD Partners LLC acquired a new position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 22,785 shares of the healthcare conglomerate's stock, valued at approximately $7,108,000.

Several other large investors have also added to or reduced their stakes in the business. Moment Partners LLC lifted its position in UnitedHealth Group by 16.6% in the 2nd quarter. Moment Partners LLC now owns 946 shares of the healthcare conglomerate's stock valued at $295,000 after acquiring an additional 135 shares in the last quarter. Lee Danner & Bass Inc. lifted its position in UnitedHealth Group by 65.9% in the 2nd quarter. Lee Danner & Bass Inc. now owns 19,158 shares of the healthcare conglomerate's stock valued at $5,977,000 after acquiring an additional 7,607 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in UnitedHealth Group by 9.2% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,855,717 shares of the healthcare conglomerate's stock valued at $890,898,000 after acquiring an additional 240,664 shares in the last quarter. MN Wealth Advisors LLC bought a new position in shares of UnitedHealth Group during the 2nd quarter worth approximately $290,000. Finally, Moloney Securities Asset Management LLC lifted its position in shares of UnitedHealth Group by 37.5% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 8,622 shares of the healthcare conglomerate's stock worth $2,690,000 after buying an additional 2,350 shares in the last quarter. Institutional investors own 87.86% of the company's stock.

UnitedHealth Group Price Performance

Shares of UNH traded up $3.42 during mid-day trading on Friday, reaching $363.87. 673,419 shares of the stock traded hands, compared to its average volume of 12,395,115. The firm has a fifty day moving average price of $337.26 and a 200 day moving average price of $340.29. The company has a market cap of $329.54 billion, a price-to-earnings ratio of 15.76, a price-to-earnings-growth ratio of 2.34 and a beta of 0.47. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73. 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 posted its quarterly earnings data 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 return on equity of 23.32% and a net margin of 5.04%.The company had revenue of $111.62 billion for the quarter, compared to the consensus estimate of $111.75 billion. During the same period in the prior year, the firm posted $6.80 earnings per share. The business's revenue was up 12.9% on a year-over-year basis. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. As a group, equities research analysts predict that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 15th were issued a dividend of $2.21 per share. This represents a $8.84 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Monday, September 15th. UnitedHealth Group's payout ratio is currently 38.30%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Sanford C. Bernstein lifted their target price on shares of UnitedHealth Group from $379.00 to $433.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 8th. Piper Sandler dropped their target price on shares of UnitedHealth Group from $353.00 to $317.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 30th. Oppenheimer dropped their target price on shares of UnitedHealth Group from $400.00 to $325.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 30th. Royal Bank Of Canada decreased their price target 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. Finally, Jefferies Financial Group raised their price target on shares of UnitedHealth Group from $317.00 to $409.00 and gave the stock a "buy" rating in a research note on Friday, October 17th. Eighteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $385.13.

About UnitedHealth Group

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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