Groupe la Francaise Sells 1,285 Shares of UnitedHealth Group Incorporated $UNH

Key Points

• Groupe la Francaise reduced its holdings in UnitedHealth Group by 4.4%, now owning 28,198 shares worth approximately $14.5 million.
• UnitedHealth Group announced a quarterly dividend of $2.21 per share, payable on September 23rd, translating to an annualized dividend yield of 2.9%.
• Despite a miss in quarterly earnings expectations, UnitedHealth reported revenue growth of 12.9% year-over-year, with reported earnings per share of $4.08.

Groupe la Francaise lowered its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 4.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,198 shares of the healthcare conglomerate's stock after selling 1,285 shares during the period. Groupe la Francaise's holdings in UnitedHealth Group were worth $14,528,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Phoenix Wealth Advisors raised its stake in shares of UnitedHealth Group by 3.0% in the 1st quarter. Phoenix Wealth Advisors now owns 1,701 shares of the healthcare conglomerate's stock worth $891,000 after buying an additional 49 shares in the last quarter. Ariston Services Group raised its stake in shares of UnitedHealth Group by 19.0% in the 1st quarter. Ariston Services Group now owns 839 shares of the healthcare conglomerate's stock worth $439,000 after buying an additional 134 shares in the last quarter. AlphaQuest LLC raised its stake in shares of UnitedHealth Group by 237.9% in the 1st quarter. AlphaQuest LLC now owns 2,284 shares of the healthcare conglomerate's stock worth $1,196,000 after buying an additional 1,608 shares in the last quarter. Fiduciary Management Inc. WI raised its stake in shares of UnitedHealth Group by 13.2% in the 1st quarter. Fiduciary Management Inc. WI now owns 472,710 shares of the healthcare conglomerate's stock worth $247,582,000 after buying an additional 55,086 shares in the last quarter. Finally, Leslie Global Wealth LLC bought a new stake in shares of UnitedHealth Group in the 1st quarter worth $206,000. Institutional investors own 87.86% of the company's stock.

UnitedHealth Group Stock Up 1.2%

NYSE:UNH traded up $3.7480 during trading hours on Friday, hitting $307.0980. 14,867,565 shares of the company's stock traded hands, compared to its average volume of 23,438,662. The firm has a market cap of $278.13 billion, a P/E ratio of 13.31, a P/E/G ratio of 1.98 and a beta of 0.43. UnitedHealth Group Incorporated has a twelve month low of $234.60 and a twelve month high of $630.73. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.85 and a current ratio of 0.85. The stock's fifty day moving average price is $288.39 and its two-hundred day moving average price is $387.54.

UnitedHealth Group (NYSE:UNH - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The healthcare conglomerate reported $4.08 earnings per share for the quarter, missing the consensus estimate of $4.45 by ($0.37). The business had revenue of $111.62 billion for the quarter, compared to analyst estimates of $111.75 billion. UnitedHealth Group had a net margin of 5.04% and a return on equity of 23.32%. The firm's quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm posted $6.80 earnings per share. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, research analysts expect 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 paid a $2.21 dividend. The ex-dividend date is Monday, September 15th. This represents a $8.84 dividend on an annualized basis and a yield of 2.9%. UnitedHealth Group's payout ratio is 38.30%.

Insider Buying and Selling

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

Analyst Ratings Changes

A number of analysts have recently commented on UNH shares. Morgan Stanley dropped their price objective on UnitedHealth Group from $342.00 to $325.00 and set an "overweight" rating on the stock in a research note on Wednesday. Royal Bank Of Canada cut their target price on UnitedHealth Group from $355.00 to $286.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 30th. JPMorgan Chase & Co. cut their target price on UnitedHealth Group from $418.00 to $310.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 6th. Piper Sandler cut their target price on UnitedHealth Group from $353.00 to $317.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 30th. Finally, UBS Group reaffirmed a "buy" rating on shares of UnitedHealth Group in a research report on Thursday, July 17th. Fifteen 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. According to MarketBeat, UnitedHealth Group presently has an average rating of "Moderate Buy" and a consensus price target of $365.38.

UnitedHealth Group 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.