Sagespring Wealth Partners LLC Trims Stock Position in UnitedHealth Group Incorporated $UNH

Key Points

• Sagespring Wealth Partners LLC reduced its stake in UnitedHealth Group by 38.4% in Q2, holding 9,945 shares worth approximately $3.1 million after selling 6,188 shares during the quarter.
• Other institutional investors, such as Brighton Jones LLC and Revolve Wealth Partners LLC, have significantly increased their positions in UnitedHealth Group, showcasing strong interest from the investment community.
• UnitedHealth Group's recent quarterly earnings report revealed $4.08 EPS, missing the consensus estimate, while the company anticipates a yearly EPS of 29.54 for 2025.

Sagespring Wealth Partners LLC cut its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 38.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,945 shares of the healthcare conglomerate's stock after selling 6,188 shares during the quarter. Sagespring Wealth Partners LLC's holdings in UnitedHealth Group were worth $3,103,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of UNH. Brighton Jones LLC increased its position in shares of UnitedHealth Group by 176.2% during the fourth quarter. Brighton Jones LLC now owns 44,249 shares of the healthcare conglomerate's stock worth $22,384,000 after acquiring an additional 28,231 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of UnitedHealth Group by 137.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,019 shares of the healthcare conglomerate's stock valued at $2,033,000 after purchasing an additional 2,324 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of UnitedHealth Group by 7.4% during the first quarter. GAMMA Investing LLC now owns 15,838 shares of the healthcare conglomerate's stock valued at $8,295,000 after purchasing an additional 1,089 shares in the last quarter. Sound Income Strategies LLC boosted its stake in shares of UnitedHealth Group by 15.9% during the first quarter. Sound Income Strategies LLC now owns 2,399 shares of the healthcare conglomerate's stock valued at $1,257,000 after purchasing an additional 330 shares in the last quarter. Finally, Exchange Traded Concepts LLC boosted its stake in shares of UnitedHealth Group by 49.0% during the first quarter. Exchange Traded Concepts LLC now owns 2,827 shares of the healthcare conglomerate's stock valued at $1,481,000 after purchasing an additional 930 shares in the last quarter. 87.86% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UNH has been the subject of several recent analyst reports. UBS Group restated a "buy" rating on shares of UnitedHealth Group in a research note on Thursday, July 17th. Weiss Ratings restated a "sell (d+)" rating on shares of UnitedHealth Group in a research note on Wednesday, October 8th. Piper Sandler lowered their price objective on shares of UnitedHealth Group from $353.00 to $317.00 and set an "overweight" rating for the company in a research note on Wednesday, July 30th. Cantor Fitzgerald reiterated an "overweight" rating and set a $440.00 price objective on shares of UnitedHealth Group in a research note on Tuesday, August 26th. Finally, Barclays lifted their price objective on shares of UnitedHealth Group from $352.00 to $386.00 and gave the stock an "overweight" rating in a research note on Thursday, October 9th. Sixteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $383.09.

UnitedHealth Group Stock Up 1.2%

UNH opened at $358.80 on Tuesday. UnitedHealth Group Incorporated has a fifty-two week low of $234.60 and a fifty-two week high of $630.73. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.85 and a current ratio of 0.85. The company has a fifty day moving average of $320.57 and a two-hundred day moving average of $346.99. The stock has a market capitalization of $324.96 billion, a price-to-earnings ratio of 15.55, a PEG ratio of 2.29 and a beta of 0.47.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its quarterly earnings data 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). UnitedHealth Group had a net margin of 5.04% and a return on equity of 23.32%. The firm had revenue of $111.62 billion during the quarter, compared to analysts' expectations of $111.75 billion. During the same period in the previous year, the firm posted $6.80 EPS. The firm'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. On average, research analysts expect that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Announces Dividend

The business also recently announced 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. 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 payout ratio is currently 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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