PKO Investment Management Joint Stock Co Buys 12,991 Shares of UnitedHealth Group Incorporated $UNH

Key Points

• PKO Investment Management Joint Stock Co increased its stake in UnitedHealth Group by 93.5% in the 2nd quarter, acquiring an additional 12,991 shares and bringing total holdings to 26,880 shares valued at $8,386,000.
• Institutional investors own 87.86% of UnitedHealth Group's stock, with significant increases in stakes from firms such as Bayforest Capital and O'Brien Wealth Partners in the first quarter.
• Analyst ratings for UnitedHealth Group show a consensus of "Moderate Buy" with a target price of $385.13, despite mixed evaluations from various firms on the stock's performance.

PKO Investment Management Joint Stock Co increased its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 93.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,880 shares of the healthcare conglomerate's stock after buying an additional 12,991 shares during the quarter. UnitedHealth Group accounts for about 0.9% of PKO Investment Management Joint Stock Co's holdings, making the stock its 29th biggest holding. PKO Investment Management Joint Stock Co's holdings in UnitedHealth Group were worth $8,386,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of UNH. Bayforest Capital Ltd increased its stake 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 valued at $29,000 after buying an additional 48 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of UnitedHealth Group by 416.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 62 shares of the healthcare conglomerate's stock valued at $32,000 after buying an additional 50 shares during the period. O Brien Wealth Partners LLC grew its stake in UnitedHealth Group by 74.0% during the first quarter. O Brien Wealth Partners LLC now owns 87 shares of the healthcare conglomerate's stock worth $46,000 after purchasing an additional 37 shares during the period. Nova Wealth Management Inc. grew its stake in UnitedHealth Group by 339.1% during the first quarter. Nova Wealth Management Inc. now owns 101 shares of the healthcare conglomerate's stock worth $53,000 after purchasing an additional 78 shares during the period. Finally, Cloud Capital Management LLC acquired a new stake in UnitedHealth Group during the first quarter worth approximately $53,000. 87.86% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on UNH. The Goldman Sachs Group began coverage on UnitedHealth Group in a research note on Tuesday, October 14th. They set a "buy" rating and a $406.00 target price for the company. Jefferies Financial Group raised their price objective on UnitedHealth Group from $317.00 to $409.00 and gave the company a "buy" rating in a research note on Friday, October 17th. Morgan Stanley raised their price objective on UnitedHealth Group from $325.00 to $395.00 and gave the company an "overweight" rating in a research note on Friday, September 12th. Robert W. Baird reaffirmed an "underperform" rating and set a $198.00 target price (down previously from $312.00) on shares of UnitedHealth Group in a research report on Thursday, July 31st. Finally, Piper Sandler cut their target price on UnitedHealth Group from $353.00 to $317.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 30th. Eighteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, UnitedHealth Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $385.13.

UnitedHealth Group Price Performance

UnitedHealth Group stock opened at $362.78 on Friday. UnitedHealth Group Incorporated has a 52 week low of $234.60 and a 52 week high of $630.73. The business has a 50-day simple moving average of $338.43 and a 200 day simple moving average of $338.97. 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 stock has a market cap of $328.56 billion, a price-to-earnings ratio of 15.72, a PEG ratio of 2.33 and a beta of 0.47.

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). UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.The firm had revenue of $111.62 billion during the quarter, compared to analysts' expectations of $111.75 billion. During the same quarter in the previous year, the company posted $6.80 earnings per share. UnitedHealth Group's revenue for the quarter was up 12.9% compared to the same quarter last year. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, research analysts forecast that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Monday, September 15th were issued a $2.21 dividend. The ex-dividend date was Monday, September 15th. This represents a $8.84 annualized dividend and a yield of 2.4%. UnitedHealth Group's dividend payout ratio (DPR) is 38.30%.

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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