Oberndorf William E Purchases Shares of 35,553 UnitedHealth Group Incorporated $UNH

Key Points

• Oberndorf William E acquired a new position of 35,553 shares of UnitedHealth in Q3, valued at about $12.28 million, making UNH 16.5% of its holdings and the firm's third-largest position.
• UnitedHealth announced a quarterly dividend of $2.21 per share (annualized $8.84) with an ex-dividend/record date of March 9 and payable March 17, implying a ~3.1% yield.
• Analysts have trimmed price targets recently but the consensus remains a “Moderate Buy” with an average price target of $372.13; current analyst mix includes 1 Strong Buy, 17 Buys, 8 Holds and 2 Sells.

Oberndorf William E acquired a new position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 35,553 shares of the healthcare conglomerate's stock, valued at approximately $12,276,000. UnitedHealth Group comprises 16.5% of Oberndorf William E's holdings, making the stock its 3rd largest position.

A number of other hedge funds have also recently bought and sold shares of UNH. Brighton Jones LLC grew its stake in shares of UnitedHealth Group by 176.2% in the fourth quarter. Brighton Jones LLC now owns 44,249 shares of the healthcare conglomerate's stock valued at $22,384,000 after buying an additional 28,231 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in UnitedHealth Group by 137.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,019 shares of the healthcare conglomerate's stock valued at $2,033,000 after acquiring an additional 2,324 shares during the last quarter. CMT Capital Markets Trading GmbH acquired a new position in shares of UnitedHealth Group during the 2nd quarter worth about $340,000. Penserra Capital Management LLC lifted its stake in UnitedHealth Group by 24.8% in the 2nd quarter. Penserra Capital Management LLC now owns 9,586 shares of the healthcare conglomerate's stock valued at $2,990,000 after purchasing an additional 1,902 shares during the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in shares of UnitedHealth Group in the second quarter valued at approximately $418,000. 87.86% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on UNH shares. Leerink Partners reduced their price objective on shares of UnitedHealth Group from $410.00 to $345.00 and set an "outperform" rating for the company in a research report on Wednesday, January 28th. UBS Group lowered their price target on shares of UnitedHealth Group from $430.00 to $410.00 and set a "buy" rating on the stock in a report on Wednesday, January 28th. Wells Fargo & Company reduced their price objective on UnitedHealth Group from $400.00 to $370.00 and set an "overweight" rating for the company in a report on Friday, January 30th. Truist Financial decreased their price objective on UnitedHealth Group from $410.00 to $370.00 and set a "buy" rating on the stock in a report on Monday, February 2nd. Finally, Evercore upgraded shares of UnitedHealth Group to a "strong-buy" rating in a research note on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $372.13.

UnitedHealth Group Trading Down 0.5%

UNH opened at $284.97 on Tuesday. The company has a 50-day simple moving average of $307.41 and a 200 day simple moving average of $325.89. The stock has a market capitalization of $258.67 billion, a price-to-earnings ratio of 21.61, a P/E/G ratio of 1.32 and a beta of 0.41. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.72. UnitedHealth Group Incorporated has a twelve month low of $234.60 and a twelve month high of $606.36.

UnitedHealth Group (NYSE:UNH - Get Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The healthcare conglomerate reported $2.11 EPS for the quarter, beating the consensus estimate of $2.09 by $0.02. The business had revenue of $113.73 billion during the quarter, compared to the consensus estimate of $113.38 billion. UnitedHealth Group had a net margin of 2.69% and a return on equity of 14.79%. The company's revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the business earned $6.81 earnings per share. UnitedHealth Group has set its FY 2026 guidance at 17.750- EPS. Analysts predict that UnitedHealth Group Incorporated will post 29.54 EPS for the current fiscal year.

UnitedHealth Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Monday, March 9th will be paid a dividend of $2.21 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $8.84 annualized dividend and a yield of 3.1%. UnitedHealth Group's payout ratio is presently 67.02%.

UnitedHealth Group Profile

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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