UnitedHealth Group Incorporated $UNH Holdings Boosted by FARMERS & MERCHANTS TRUST Co OF LONG BEACH

Key Points

• FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its stake in UnitedHealth Group by 12.0% in Q2, owning a total of 18,791 shares valued at $5.86 million.
• Analyst ratings for UnitedHealth Group are predominantly positive, with 16 analysts$358.95.
• UnitedHealth Group recently declared a quarterly dividend of $2.21 per share, resulting in an annualized dividend yield of 2.6%.

FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 12.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,791 shares of the healthcare conglomerate's stock after purchasing an additional 2,016 shares during the period. UnitedHealth Group accounts for 1.2% of FARMERS & MERCHANTS TRUST Co OF LONG BEACH's investment portfolio, making the stock its 17th biggest holding. FARMERS & MERCHANTS TRUST Co OF LONG BEACH's holdings in UnitedHealth Group were worth $5,862,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. grew its position in UnitedHealth Group by 0.8% during the 1st quarter. Financial Management Professionals Inc. now owns 2,224 shares of the healthcare conglomerate's stock worth $1,165,000 after purchasing an additional 17 shares in the last quarter. Retirement Planning Group LLC boosted its stake in shares of UnitedHealth Group by 5.1% during the 1st quarter. Retirement Planning Group LLC now owns 430 shares of the healthcare conglomerate's stock valued at $225,000 after buying an additional 21 shares during the period. Net Worth Advisory Group boosted its stake in shares of UnitedHealth Group by 0.6% during the 1st quarter. Net Worth Advisory Group now owns 3,642 shares of the healthcare conglomerate's stock valued at $1,907,000 after buying an additional 21 shares during the period. Bensler LLC boosted its stake in shares of UnitedHealth Group by 0.3% during the 1st quarter. Bensler LLC now owns 6,945 shares of the healthcare conglomerate's stock valued at $3,637,000 after buying an additional 22 shares during the period. Finally, Buska Wealth Management LLC boosted its stake in shares of UnitedHealth Group by 1.6% during the 1st quarter. Buska Wealth Management LLC now owns 1,494 shares of the healthcare conglomerate's stock valued at $782,000 after buying an additional 23 shares during the period. 87.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

UNH has been the subject of a number of research reports. Truist Financial lifted their target price on shares of UnitedHealth Group from $310.00 to $365.00 and gave the company a "buy" rating in a research note on Tuesday, September 9th. UBS Group reaffirmed a "buy" rating on shares of UnitedHealth Group in a research note on Thursday, July 17th. Wells Fargo & Company reduced their price objective on shares of UnitedHealth Group from $306.00 to $267.00 and set an "overweight" rating for the company in a research note on Monday, August 4th. JPMorgan Chase & Co. reduced their price objective on shares of UnitedHealth Group from $418.00 to $310.00 and set an "overweight" rating for the company in a research note on Wednesday, August 6th. Finally, Baird R W lowered shares of UnitedHealth Group from a "hold" rating to a "strong sell" rating in a research note on Thursday, July 31st. Sixteen analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $358.95.

UnitedHealth Group Stock Performance

Shares of UNH opened at $344.15 on Monday. The company's fifty day moving average price is $301.20 and its 200 day moving average price is $358.73. UnitedHealth Group Incorporated has a one year low of $234.60 and a one year high of $630.73. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $311.69 billion, a PE ratio of 14.91, a price-to-earnings-growth ratio of 2.24 and a beta of 0.44.

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 the consensus estimate of $4.45 by ($0.37). UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.The company had revenue of $111.62 billion for the quarter, compared to the consensus estimate of $111.75 billion. During the same quarter in the previous year, the firm posted $6.80 EPS. The business'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. As a group, analysts expect that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

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