Opus Capital Group LLC Takes $282,000 Position in UnitedHealth Group Incorporated $UNH

Key Points

• Opus Capital Group LLC has initiated a new position in UnitedHealth Group, acquiring 904 shares valued at approximately $282,000 during the second quarter.
• Several large investors, including Bayforest Capital and Clal Insurance, significantly increased their holdings in UnitedHealth Group, indicating strong institutional interest with 87.86% of the stock owned by institutional investors.
• Analyst ratings for UnitedHealth Group show a mix of bullish and cautious sentiments, with a consensus target price of $385.13 and varying ratings from "buy" to "sell" among the analysts.

Opus Capital Group LLC bought a new position in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 904 shares of the healthcare conglomerate's stock, valued at approximately $282,000.

Other large investors have also recently made changes to their positions in the company. Bayforest Capital Ltd increased its holdings in shares of UnitedHealth Group by 685.7% in the first quarter. Bayforest Capital Ltd now owns 55 shares of the healthcare conglomerate's stock worth $29,000 after purchasing an additional 48 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its position in UnitedHealth Group by 416.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 62 shares of the healthcare conglomerate's stock worth $32,000 after acquiring an additional 50 shares in the last quarter. O Brien Wealth Partners LLC grew its position in UnitedHealth Group by 74.0% in the first quarter. O Brien Wealth Partners LLC now owns 87 shares of the healthcare conglomerate's stock worth $46,000 after acquiring an additional 37 shares in the last quarter. Nova Wealth Management Inc. grew its position in UnitedHealth Group by 339.1% in the first quarter. Nova Wealth Management Inc. now owns 101 shares of the healthcare conglomerate's stock worth $53,000 after acquiring an additional 78 shares in the last quarter. Finally, Cloud Capital Management LLC purchased a new position in UnitedHealth Group in the first quarter worth about $53,000. 87.86% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the company. Bank of America lifted their price target on UnitedHealth Group from $350.00 to $390.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 8th. Zacks Research upgraded UnitedHealth Group from a "strong sell" rating to a "hold" rating in a research report on Monday, October 6th. Mizuho boosted their target price on UnitedHealth Group from $300.00 to $430.00 and gave the company an "outperform" rating in a research report on Thursday, October 9th. Weiss Ratings restated a "sell (d+)" rating on shares of UnitedHealth Group in a research report on Wednesday, October 8th. Finally, Truist Financial boosted their target price on UnitedHealth Group from $310.00 to $365.00 and gave the company a "buy" rating in a research report on Tuesday, September 9th. Eighteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, UnitedHealth Group has a consensus rating of "Hold" and a consensus target price of $385.13.

UnitedHealth Group Stock Performance

Shares of NYSE:UNH opened at $360.48 on Friday. The firm has a 50 day moving average of $337.26 and a 200 day moving average of $340.29. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $326.48 billion, a price-to-earnings ratio of 15.62, a price-to-earnings-growth ratio of 2.34 and a beta of 0.47. UnitedHealth Group Incorporated has a 52 week low of $234.60 and a 52 week high of $630.73.

UnitedHealth Group (NYSE:UNH - Get Free Report) last posted its earnings results on Tuesday, July 29th. The healthcare conglomerate reported $4.08 earnings per share 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 analysts' expectations of $111.75 billion. UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.The firm's quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.80 EPS. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, sell-side analysts predict that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 15th were given a dividend of $2.21 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $8.84 dividend on an annualized basis and a dividend yield of 2.5%. UnitedHealth Group's dividend payout ratio is presently 38.30%.

UnitedHealth Group Company 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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