Goelzer Investment Management Inc. Has $7.52 Million Stock Holdings in UnitedHealth Group Incorporated $UNH

Key Points

• Goelzer Investment Management Inc. increased its stake in UnitedHealth Group by 50.6%, holding 24,109 shares valued at approximately $7.52 million as of its latest SEC filing.
• UnitedHealth Group reported earnings per share of $4.08 for the last quarter, missing analysts' expectations, with revenue of $111.62 billion, reflecting a 12.9% increase year-over-year.
• The company announced a quarterly dividend of $2.21 per share, with an annualized yield of 2.6%, and a payout ratio of 38.30%.

Goelzer Investment Management Inc. grew its stake in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 50.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,109 shares of the healthcare conglomerate's stock after buying an additional 8,096 shares during the period. Goelzer Investment Management Inc.'s holdings in UnitedHealth Group were worth $7,521,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in UNH. Bayforest Capital Ltd grew its stake in UnitedHealth Group by 685.7% during the first quarter. Bayforest Capital Ltd now owns 55 shares of the healthcare conglomerate's stock worth $29,000 after purchasing an additional 48 shares during the period. Clal Insurance Enterprises Holdings Ltd grew its stake in UnitedHealth Group by 416.7% during the first 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 during the period. Copia Wealth Management acquired a new stake in UnitedHealth Group during the fourth quarter worth approximately $42,000. IAG Wealth Partners LLC acquired a new stake in UnitedHealth Group during the first quarter worth approximately $42,000. Finally, Investment Management Corp VA ADV bought a new position in UnitedHealth Group in the fourth quarter worth approximately $44,000. Institutional investors and hedge funds own 87.86% of the company's stock.

UnitedHealth Group Price Performance

UnitedHealth Group stock opened at $339.57 on Wednesday. UnitedHealth Group Incorporated has a 52 week low of $234.60 and a 52 week high of $630.73. The business has a 50-day simple moving average of $293.51 and a 200 day simple moving average of $367.23. 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 stock has a market cap of $307.54 billion, a price-to-earnings ratio of 14.71, a PEG ratio of 2.27 and a beta of 0.45.

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 firm had revenue of $111.62 billion during the quarter, compared to analysts' expectations of $111.75 billion. During the same quarter in the previous year, the company posted $6.80 earnings per share. UnitedHealth Group'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. On average, research analysts forecast that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Monday, September 15th will be issued a dividend of $2.21 per share. The ex-dividend date is Monday, September 15th. This represents a $8.84 dividend on an annualized basis and a dividend yield of 2.6%. UnitedHealth Group's dividend payout ratio is 38.30%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. UBS Group reiterated a "buy" rating on shares of UnitedHealth Group in a report on Thursday, July 17th. Bank of America increased their price target on UnitedHealth Group from $290.00 to $325.00 and gave the stock a "neutral" rating in a report on Monday, August 18th. Royal Bank Of Canada dropped their target price on UnitedHealth Group from $355.00 to $286.00 and set an "outperform" rating on the stock in a report on Wednesday, July 30th. Hsbc Global Res lowered UnitedHealth Group from a "hold" rating to a "moderate sell" rating in a report on Wednesday, May 21st. Finally, Wall Street Zen lowered UnitedHealth Group from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Sixteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, UnitedHealth Group currently has a consensus rating of "Moderate Buy" and a consensus price target 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.

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