Moloney Securities Asset Management LLC Buys 2,350 Shares of UnitedHealth Group Incorporated $UNH

Key Points

• Moloney Securities Asset Management LLC increased its holdings in UnitedHealth Group by 37.5%, acquiring an additional 2,350 shares during the second quarter, bringing its total to 8,622 shares valued at approximately $2.69 million.
• UnitedHealth Group's stock has experienced a wide price range, with a 52-week low of $234.60 and a high of $630.73, while currently trading at $360.48.
• The company recently announced a quarterly dividend of $2.21, representing an annualized total of $8.84 and a dividend yield of 2.5%.

Moloney Securities Asset Management LLC boosted its holdings in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 37.5% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,622 shares of the healthcare conglomerate's stock after acquiring an additional 2,350 shares during the quarter. Moloney Securities Asset Management LLC's holdings in UnitedHealth Group were worth $2,690,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Nabity Jensen Investment Management Inc increased its stake in UnitedHealth Group by 0.9% in the 1st quarter. Nabity Jensen Investment Management Inc now owns 2,760 shares of the healthcare conglomerate's stock worth $1,446,000 after acquiring an additional 24 shares during the last quarter. Atlantic Edge Private Wealth Management LLC increased its position in shares of UnitedHealth Group by 8.9% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 305 shares of the healthcare conglomerate's stock valued at $160,000 after purchasing an additional 25 shares during the last quarter. HHM Wealth Advisors LLC increased its position in shares of UnitedHealth Group by 0.9% during the 1st quarter. HHM Wealth Advisors LLC now owns 2,947 shares of the healthcare conglomerate's stock valued at $1,544,000 after purchasing an additional 26 shares during the last quarter. Brogan Financial Inc. increased its position in shares of UnitedHealth Group by 3.4% during the 1st quarter. Brogan Financial Inc. now owns 819 shares of the healthcare conglomerate's stock valued at $429,000 after purchasing an additional 27 shares during the last quarter. Finally, West Wealth Group LLC increased its position in shares of UnitedHealth Group by 3.2% during the 1st quarter. West Wealth Group LLC now owns 882 shares of the healthcare conglomerate's stock valued at $462,000 after purchasing an additional 27 shares during the last quarter. 87.86% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UNH has been the subject of several analyst reports. Truist Financial increased their target price on UnitedHealth Group from $310.00 to $365.00 and gave the company a "buy" rating in a report on Tuesday, September 9th. Robert W. Baird restated an "underperform" rating and set a $198.00 target price (down from $312.00) on shares of UnitedHealth Group in a report on Thursday, July 31st. Jefferies Financial Group increased their target price on UnitedHealth Group from $317.00 to $409.00 and gave the company a "buy" rating in a report on Friday, October 17th. Mizuho increased their target price on UnitedHealth Group from $300.00 to $430.00 and gave the company an "outperform" rating in a report on Thursday, October 9th. Finally, Oppenheimer dropped their price objective on UnitedHealth Group from $400.00 to $325.00 and set an "outperform" rating for the company in a report on Wednesday, July 30th. Eighteen equities research 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's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $385.13.

UnitedHealth Group Trading Down 0.3%

NYSE UNH opened at $360.48 on Friday. The stock has a market cap of $326.48 billion, a P/E ratio of 15.62, a price-to-earnings-growth ratio of 2.34 and a beta of 0.47. 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 has a 50 day simple moving average of $337.26 and a two-hundred day simple moving average of $340.29. UnitedHealth Group Incorporated has a fifty-two week low of $234.60 and a fifty-two week high of $630.73.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its earnings results on Tuesday, July 29th. The healthcare conglomerate reported $4.08 EPS for the quarter, missing analysts' consensus estimates of $4.45 by ($0.37). The firm had revenue of $111.62 billion during the quarter, compared to analysts' expectations of $111.75 billion. UnitedHealth Group had a net margin of 5.04% and a return on equity of 23.32%. The company's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.80 EPS. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, analysts forecast that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current 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. This represents a $8.84 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, September 15th. UnitedHealth Group's dividend payout ratio (DPR) 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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