OLD National Bancorp IN Acquires 2,664 Shares of UnitedHealth Group Incorporated $UNH

Key Points

• OLD National Bancorp IN increased its stake in UnitedHealth Group by 5.2% during Q2, acquiring an additional 2,664 shares, bringing its total holdings to 53,643 shares valued at approximately $16.74 million.
• UnitedHealth Group reported a Q2 EPS of $4.08, falling short of analysts' expectations, while the company's revenue increased by 12.9% year-over-year, amounting to $111.62 billion.
• The company declared a quarterly dividend of $2.21 per share, reflecting a 2.5% dividend yield, with a payout ratio currently set at 38.30%.

OLD National Bancorp IN boosted its position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 5.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 53,643 shares of the healthcare conglomerate's stock after buying an additional 2,664 shares during the quarter. OLD National Bancorp IN's holdings in UnitedHealth Group were worth $16,735,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of UNH. Brighton Jones LLC lifted its holdings in UnitedHealth Group by 176.2% during the 4th quarter. Brighton Jones LLC now owns 44,249 shares of the healthcare conglomerate's stock worth $22,384,000 after buying an additional 28,231 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of UnitedHealth Group by 137.1% during the 4th 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. Vest Financial LLC raised its position in shares of UnitedHealth Group by 73.5% during the 1st quarter. Vest Financial LLC now owns 12,219 shares of the healthcare conglomerate's stock valued at $6,400,000 after acquiring an additional 5,176 shares during the last quarter. Curat Global LLC bought a new stake in shares of UnitedHealth Group during the 1st quarter valued at $168,000. Finally, Eagle Rock Investment Company LLC raised its position in shares of UnitedHealth Group by 0.9% during the 1st quarter. Eagle Rock Investment Company LLC now owns 13,565 shares of the healthcare conglomerate's stock valued at $7,105,000 after acquiring an additional 120 shares during the last quarter. Institutional investors and hedge funds own 87.86% of the company's stock.

UnitedHealth Group Price Performance

UNH stock opened at $360.17 on Friday. The stock has a 50-day moving average price of $307.84 and a two-hundred day moving average price of $354.55. The stock has a market cap of $326.20 billion, a PE ratio of 15.61, a price-to-earnings-growth ratio of 2.34 and a beta of 0.47. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73. UnitedHealth Group Incorporated has a 1 year low of $234.60 and a 1 year high of $630.73.

UnitedHealth Group (NYSE:UNH - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The healthcare conglomerate reported $4.08 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 business had revenue of $111.62 billion for the quarter, compared to analyst estimates of $111.75 billion. During the same quarter in the prior year, the company earned $6.80 earnings per share. The company's quarterly revenue was up 12.9% on a year-over-year basis. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. Equities analysts forecast that UnitedHealth Group Incorporated will post 29.54 EPS for the current fiscal year.

UnitedHealth Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 15th were paid a dividend of $2.21 per share. 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 is currently 38.30%.

Analyst Ratings Changes

Several analysts have commented on the stock. UBS Group reiterated a "buy" rating on shares of UnitedHealth Group in a research report on Thursday, July 17th. Morgan Stanley upped their price objective on shares of UnitedHealth Group from $325.00 to $395.00 and gave the company an "overweight" rating in a research report on Friday, September 12th. Cantor Fitzgerald restated an "overweight" rating and issued a $440.00 price objective on shares of UnitedHealth Group in a research report on Tuesday, August 26th. Sanford C. Bernstein upped their price objective on shares of UnitedHealth Group from $337.00 to $379.00 and gave the company an "outperform" rating in a research report on Friday, September 5th. Finally, Baird R W cut shares of UnitedHealth Group from a "hold" rating to a "strong sell" rating in a research report on Thursday, July 31st. Sixteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $358.95.

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.

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