Generate Investment Management Ltd Has $10.18 Million Stake in UnitedHealth Group Incorporated $UNH

Key Points

• Generate Investment Management Ltd cut its UnitedHealth Group stake by 44.8% in the first quarter, selling 30,481 shares and leaving it with 37,627 shares worth about $10.18 million.
• UnitedHealth Group posted strong quarterly results, with EPS of $7.23 versus estimates of $6.76 and revenue of $111.65 billion, topping analyst expectations. The company also raised its full-year guidance and maintained a solid profitability profile.
• The company increased its quarterly dividend to $2.32 per share, up from $2.21, and Wall Street sentiment remains constructive with an average Moderate Buy rating and a price target of $409.75.

Generate Investment Management Ltd reduced its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 44.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,627 shares of the healthcare conglomerate's stock after selling 30,481 shares during the period. Generate Investment Management Ltd's holdings in UnitedHealth Group were worth $10,181,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in UNH. Sarver Vrooman Wealth Advisors acquired a new position in UnitedHealth Group in the fourth quarter valued at approximately $25,000. Beacon Financial Strategies CORP bought a new stake in shares of UnitedHealth Group in the 4th quarter valued at $26,000. Anfield Capital Management LLC grew its holdings in UnitedHealth Group by 220.0% in the fourth quarter. Anfield Capital Management LLC now owns 80 shares of the healthcare conglomerate's stock worth $26,000 after purchasing an additional 55 shares during the period. Joseph Group Capital Management acquired a new position in shares of UnitedHealth Group during the fourth quarter valued at about $27,000. Finally, Nalls Sherbakoff Group LLC acquired a new stake in shares of UnitedHealth Group in the 4th quarter valued at about $27,000. Institutional investors and hedge funds own 87.86% of the company's stock.

UnitedHealth Group Stock Up 1.4%

Shares of NYSE:UNH opened at $406.60 on Tuesday. The stock has a market cap of $369.25 billion, a price-to-earnings ratio of 30.71, a PEG ratio of 1.61 and a beta of 0.64. The business's 50 day moving average is $375.68 and its 200 day moving average is $330.17. UnitedHealth Group Incorporated has a 12-month low of $234.60 and a 12-month high of $415.98. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.69.

UnitedHealth Group (NYSE:UNH - Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The healthcare conglomerate reported $7.23 earnings per share for the quarter, beating the consensus estimate of $6.76 by $0.47. UnitedHealth Group had a return on equity of 14.65% and a net margin of 2.68%.The business had revenue of $111.65 billion for the quarter, compared to analysts' expectations of $109.84 billion. During the same period last year, the business earned $7.20 EPS. The business's revenue was up 2.0% on a year-over-year basis. UnitedHealth Group has set its FY 2026 guidance at 18.250- EPS. On average, sell-side analysts forecast that UnitedHealth Group Incorporated will post 18.32 earnings per share for the current fiscal year.

UnitedHealth Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 15th will be given a $2.32 dividend. This represents a $9.28 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Monday, June 15th. This is a positive change from UnitedHealth Group's previous quarterly dividend of $2.21. UnitedHealth Group's payout ratio is currently 70.09%.

Insider Buying and Selling

In other UnitedHealth Group news, CEO Patrick Hugh Conway sold 800 shares of UnitedHealth Group stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $355.00, for a total transaction of $284,000.00. Following the transaction, the chief executive officer owned 17,805 shares of the company's stock, valued at $6,320,775. This trade represents a 4.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.28% of the company's stock.

Wall Street Analyst Weigh In

UNH has been the topic of a number of research reports. Leerink Partners upped their price target on UnitedHealth Group from $400.00 to $462.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 17th. Morgan Stanley upped their target price on UnitedHealth Group from $395.00 to $453.00 and gave the stock an "overweight" rating in a research report on Thursday, June 4th. HSBC raised shares of UnitedHealth Group from a "reduce" rating to a "hold" rating and set a $300.00 price target for the company in a research report on Tuesday, April 7th. Raymond James Financial upgraded shares of UnitedHealth Group from a "market perform" rating to an "outperform" rating and set a $330.00 price objective on the stock in a report on Wednesday, April 1st. Finally, Truist Financial lifted their price objective on shares of UnitedHealth Group from $395.00 to $440.00 and gave the company a "buy" rating in a report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, UnitedHealth Group has an average rating of "Moderate Buy" and an average target price of $409.75.

About UnitedHealth Group

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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