Mitsubishi UFJ Asset Management UK Ltd. Has $1.19 Million Stock Position in UnitedHealth Group Incorporated $UNH

Key Points

• Mitsubishi UFJ Asset Management UK Ltd. significantly increased its stake in UnitedHealth Group by 1,800.0%, raising its holdings to a value of approximately $1.19 million.
• Analysts have varying price targets for UnitedHealth Group, with a consensus target of $358.95 and recent adjustments including a reduction from $355 to $286 by the Royal Bank of Canada.
• UnitedHealth Group announced a quarterly dividend of $2.21 per share, yielding 2.6%, with a payout ratio of 38.30%.

Mitsubishi UFJ Asset Management UK Ltd. raised its stake in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 1,800.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,800 shares of the healthcare conglomerate's stock after purchasing an additional 3,600 shares during the period. Mitsubishi UFJ Asset Management UK Ltd.'s holdings in UnitedHealth Group were worth $1,185,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in UNH. Financial Management Professionals Inc. boosted its stake in shares of UnitedHealth Group by 0.8% in the 1st quarter. Financial Management Professionals Inc. now owns 2,224 shares of the healthcare conglomerate's stock valued at $1,165,000 after purchasing an additional 17 shares in the last quarter. Retirement Planning Group LLC grew its stake in shares of UnitedHealth Group by 5.1% during the first quarter. Retirement Planning Group LLC now owns 430 shares of the healthcare conglomerate's stock worth $225,000 after buying an additional 21 shares during the last quarter. Net Worth Advisory Group lifted its stake in shares of UnitedHealth Group by 0.6% in the 1st quarter. Net Worth Advisory Group now owns 3,642 shares of the healthcare conglomerate's stock valued at $1,907,000 after acquiring an additional 21 shares during the last quarter. Bensler LLC increased its holdings in UnitedHealth Group by 0.3% in the 1st quarter. Bensler LLC now owns 6,945 shares of the healthcare conglomerate's stock worth $3,637,000 after purchasing an additional 22 shares in the last quarter. Finally, Buska Wealth Management LLC boosted its stake in shares of UnitedHealth Group by 1.6% during the first quarter. Buska Wealth Management LLC now owns 1,494 shares of the healthcare conglomerate's stock valued at $782,000 after purchasing an additional 23 shares in the last quarter. Institutional investors own 87.86% of the company's stock.

Analysts Set New Price Targets

UNH has been the subject of a number of analyst reports. Royal Bank Of Canada lowered their price objective on UnitedHealth Group from $355.00 to $286.00 and set an "outperform" rating for the company in a research report on Wednesday, July 30th. 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. KeyCorp cut their target price on UnitedHealth Group from $400.00 to $350.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. JPMorgan Chase & Co. reduced their price objective on shares of UnitedHealth Group from $418.00 to $310.00 and set an "overweight" rating for the company in a report on Wednesday, August 6th. Finally, Robert W. Baird reiterated an "underperform" rating and set a $198.00 price target (down previously from $312.00) on shares of UnitedHealth Group in a report on Thursday, July 31st. Sixteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $358.95.

UnitedHealth Group Trading Down 0.0%

Shares of UnitedHealth Group stock opened at $345.11 on Wednesday. The company has a 50 day simple moving average of $303.65 and a two-hundred day simple moving average of $357.64. The firm has a market cap of $312.56 billion, a PE ratio of 14.95, a PEG ratio of 2.25 and a beta of 0.45. UnitedHealth Group Incorporated has a 1 year low of $234.60 and a 1 year high of $630.73. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85.

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). The company had revenue of $111.62 billion for the quarter, compared to the consensus estimate of $111.75 billion. UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.The business's revenue was up 12.9% on a year-over-year basis. During the same period in the prior year, the firm posted $6.80 earnings per share. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. Analysts expect 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. Investors of record on Monday, September 15th were given a $2.21 dividend. The ex-dividend date was Monday, September 15th. This represents a $8.84 dividend on an annualized basis and a yield of 2.6%. UnitedHealth Group's payout ratio is presently 38.30%.

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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