Exencial Wealth Advisors LLC Has $14.05 Million Stock Position in UnitedHealth Group Incorporated $UNH

Key Points

• Exencial Wealth Advisors LLC reduced its stake in UnitedHealth Group by 27.4%, owning 45,040 shares valued at approximately $14.05 million as of its latest SEC filing.
• Several institutional investors significantly increased their holdings in UnitedHealth Group during the first quarter, with notable increases of 685.7% and 416.7% by Bayforest Capital Ltd and Clal Insurance Enterprises Holdings Ltd, respectively.
• UnitedHealth Group recently reported earnings of $4.08 per share, missing estimates, while also announcing a quarterly dividend of $2.21 per share, reflecting a 2.4% dividend yield.

Exencial Wealth Advisors LLC lowered its position in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 27.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,040 shares of the healthcare conglomerate's stock after selling 16,962 shares during the quarter. Exencial Wealth Advisors LLC's holdings in UnitedHealth Group were worth $14,051,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bayforest Capital Ltd increased its holdings in UnitedHealth Group by 685.7% during the 1st quarter. Bayforest Capital Ltd now owns 55 shares of the healthcare conglomerate's stock valued at $29,000 after purchasing an additional 48 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of UnitedHealth Group by 416.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 62 shares of the healthcare conglomerate's stock valued at $32,000 after buying an additional 50 shares during the period. O Brien Wealth Partners LLC lifted its holdings in UnitedHealth Group by 74.0% during the first quarter. O Brien Wealth Partners LLC now owns 87 shares of the healthcare conglomerate's stock worth $46,000 after acquiring an additional 37 shares in the last quarter. Nova Wealth Management Inc. lifted its holdings in UnitedHealth Group by 339.1% during the first quarter. Nova Wealth Management Inc. now owns 101 shares of the healthcare conglomerate's stock worth $53,000 after acquiring an additional 78 shares in the last quarter. Finally, Cloud Capital Management LLC bought a new position in UnitedHealth Group during the first quarter worth about $53,000. Institutional investors own 87.86% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on UNH. Bank of America boosted their price target on UnitedHealth Group from $350.00 to $390.00 and gave the company a "neutral" rating in a report on Wednesday, October 8th. Mizuho upped their target price on UnitedHealth Group from $300.00 to $430.00 and gave the stock an "outperform" rating in a report on Thursday, October 9th. Sanford C. Bernstein boosted their price target on UnitedHealth Group from $379.00 to $433.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 8th. Truist Financial boosted their price target on UnitedHealth Group from $310.00 to $365.00 and gave the stock a "buy" rating in a research report on Tuesday, September 9th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $440.00 price target on shares of UnitedHealth Group in a research report on Tuesday, August 26th. Eighteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $385.13.

UnitedHealth Group Trading Up 0.3%

Shares of UNH stock opened at $365.47 on Wednesday. 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 market cap of $331.00 billion, a P/E ratio of 15.83, a price-to-earnings-growth ratio of 2.36 and a beta of 0.47. The stock has a 50 day simple moving average of $333.70 and a 200 day simple moving average of $341.28. 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.45 by ($0.37). UnitedHealth Group had a net margin of 5.04% and a return on equity of 23.32%. The company had revenue of $111.62 billion during the quarter, compared to the consensus estimate of $111.75 billion. During the same quarter last year, the firm posted $6.80 earnings per share. The company's quarterly revenue was up 12.9% on a year-over-year basis. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, research analysts predict that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The company also recently announced 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 was Monday, September 15th. This represents a $8.84 annualized dividend and a dividend yield of 2.4%. UnitedHealth Group's dividend payout ratio (DPR) is currently 38.30%.

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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