UnitedHealth Group Incorporated (NYSE:UNH) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 3.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,383 shares of the healthcare conglomerate's stock after selling 4,589 shares during the period. UnitedHealth Group comprises 0.7% of Mutual of America Capital Management LLC's investment portfolio, making the stock its 16th biggest position. Mutual of America Capital Management LLC's holdings in UnitedHealth Group were worth $58,861,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of UNH. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in UnitedHealth Group in the 4th quarter valued at about $26,000. Hurley Capital LLC acquired a new position in shares of UnitedHealth Group during the 4th quarter worth about $28,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of UnitedHealth Group during the 4th quarter worth about $30,000. Kapitalo Investimentos Ltda acquired a new position in shares of UnitedHealth Group in the 4th quarter valued at $41,000. Finally, Copia Wealth Management purchased a new stake in UnitedHealth Group in the fourth quarter valued at $42,000. 87.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on UNH. Barclays decreased their price target on shares of UnitedHealth Group from $350.00 to $337.00 and set an "overweight" rating for the company in a research note on Wednesday, July 9th. JPMorgan Chase & Co. upped their target price on shares of UnitedHealth Group from $405.00 to $418.00 and gave the stock an "overweight" rating in a research report on Friday, June 20th. Erste Group Bank cut UnitedHealth Group from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 30th. Baird R W cut shares of UnitedHealth Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, June 11th. Finally, UBS Group lowered their price target on shares of UnitedHealth Group from $400.00 to $385.00 and set a "buy" rating on the stock in a research report on Wednesday, June 25th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $415.00.

UnitedHealth Group Stock Down 1.5%

UNH stock traded down $4.51 during trading on Monday, hitting $299.59. 3,294,450 shares of the stock traded hands, compared to its average volume of 7,688,474. The firm's 50 day moving average is $314.52 and its two-hundred day moving average is $439.94. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.85 and a quick ratio of 0.85. UnitedHealth Group Incorporated has a 1 year low of $248.88 and a 1 year high of $630.73. The stock has a market cap of $271.77 billion, a price-to-earnings ratio of 12.55, a price-to-earnings-growth ratio of 1.46 and a beta of 0.45.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its earnings results on Thursday, April 17th. The healthcare conglomerate reported $7.20 earnings per share for the quarter, missing analysts' consensus estimates of $7.29 by ($0.09). The firm had revenue of $109.58 billion for the quarter, compared to analysts' expectations of $111.56 billion. UnitedHealth Group had a net margin of 5.39% and a return on equity of 26.29%. During the same quarter last year, the firm posted $6.91 EPS. On average, sell-side analysts anticipate that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Monday, June 16th were given a $2.21 dividend. This is a positive change from UnitedHealth Group's previous quarterly dividend of $2.10. This represents a $8.84 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend was Monday, June 16th. UnitedHealth Group's dividend payout ratio is 37.02%.

Insider Buying and Selling

In related news, CEO Stephen J. Hemsley bought 86,700 shares of the business's stock in a transaction on Friday, May 16th. The shares were bought at an average price of $288.57 per share, for a total transaction of $25,019,019.00. Following the completion of the purchase, the chief executive officer directly owned 679,493 shares of the company's stock, valued at approximately $196,081,295.01. This trade represents a 14.63% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kristen Gil purchased 3,700 shares of the stock in a transaction on Thursday, May 15th. The shares were purchased at an average cost of $271.17 per share, with a total value of $1,003,329.00. Following the transaction, the director owned 3,818 shares in the company, valued at $1,035,327.06. This trade represents a 3,135.59% increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 109,408 shares of company stock worth $31,607,768 over the last ninety days. 0.28% of the stock is owned by insiders.

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.