Requisite Capital Management LLC Acquires Shares of 2,148 UnitedHealth Group Incorporated $UNH

Key Points

• Requisite Capital Management LLC has acquired 2,148 shares of UnitedHealth Group, valued at approximately $670,000, during the second quarter.
• Institutional investors and hedge funds currently hold 87.86% of UnitedHealth Group's stock, indicating significant institutional interest.
• UnitedHealth announced a quarterly dividend of $2.21 per share, reflecting an annualized yield of 2.6% and a payout ratio of 38.30%.

Requisite Capital Management LLC acquired a new stake in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,148 shares of the healthcare conglomerate's stock, valued at approximately $670,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Liberty Capital Management Inc. boosted its holdings in UnitedHealth Group by 5.2% during the second quarter. Liberty Capital Management Inc. now owns 14,780 shares of the healthcare conglomerate's stock valued at $4,611,000 after purchasing an additional 726 shares in the last quarter. Wetzel Investment Advisors Inc. boosted its holdings in shares of UnitedHealth Group by 14.6% in the 2nd quarter. Wetzel Investment Advisors Inc. now owns 799 shares of the healthcare conglomerate's stock worth $249,000 after acquiring an additional 102 shares in the last quarter. Emerald Advisors LLC boosted its holdings in shares of UnitedHealth Group by 19.4% in the 2nd quarter. Emerald Advisors LLC now owns 1,089 shares of the healthcare conglomerate's stock worth $340,000 after acquiring an additional 177 shares in the last quarter. Bluesphere Advisors LLC acquired a new position in shares of UnitedHealth Group in the 2nd quarter worth approximately $485,000. Finally, Sterling Investment Advisors Ltd. boosted its holdings in shares of UnitedHealth Group by 18.1% in the 2nd quarter. Sterling Investment Advisors Ltd. now owns 680 shares of the healthcare conglomerate's stock worth $212,000 after acquiring an additional 104 shares in the last quarter. 87.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. KeyCorp reduced their target price on UnitedHealth Group from $400.00 to $350.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. JPMorgan Chase & Co. reduced their price objective on UnitedHealth Group from $418.00 to $310.00 and set an "overweight" rating on the stock in a report on Wednesday, August 6th. Barclays upped their price objective on UnitedHealth Group from $337.00 to $352.00 and gave the stock an "overweight" rating in a report on Thursday, September 4th. Robert W. Baird reaffirmed an "underperform" rating and set a $198.00 price objective (down previously from $312.00) on shares of UnitedHealth Group in a report on Thursday, July 31st. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $440.00 price objective on shares of UnitedHealth Group in a report on Tuesday, August 26th. Sixteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $358.95.

UnitedHealth Group Price Performance

UNH opened at $345.11 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.73. UnitedHealth Group Incorporated has a 12 month low of $234.60 and a 12 month high of $630.73. The company has a fifty day simple moving average of $303.65 and a 200 day simple moving average of $357.64. The stock has a market cap of $312.56 billion, a P/E ratio of 14.95, a P/E/G ratio of 2.25 and a beta of 0.45.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its earnings results 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). The firm had revenue of $111.62 billion for the quarter, compared to the consensus estimate of $111.75 billion. UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.UnitedHealth Group's revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter last year, the company posted $6.80 EPS. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, research analysts expect that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Monday, September 15th were issued a dividend of $2.21 per share. This represents a $8.84 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Monday, September 15th. UnitedHealth Group's dividend payout ratio 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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