UnitedHealth Group Incorporated $UNH Holdings Increased by Kempner Capital Management Inc.

Key Points

• Kempner Capital Management Inc. increased its stake in UnitedHealth Group by 240% in the second quarter, making it the firm's 20th largest holding valued at approximately $4.66 million.
• UnitedHealth Group reported quarterly earnings of $4.08 per share, missing analyst estimates of $4.45, while revenue reached $111.62 billion, slightly below the $111.75 billion expected.
• UnitedHealth Group recently declared a quarterly dividend of $2.21 per share, translating to an annualized dividend yield of 2.5%.

Kempner Capital Management Inc. lifted its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 240.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,925 shares of the healthcare conglomerate's stock after acquiring an additional 10,535 shares during the quarter. UnitedHealth Group comprises about 2.5% of Kempner Capital Management Inc.'s investment portfolio, making the stock its 20th biggest holding. Kempner Capital Management Inc.'s holdings in UnitedHealth Group were worth $4,656,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of UNH. Vanguard Group Inc. boosted its stake in UnitedHealth Group by 6.6% during the first quarter. Vanguard Group Inc. now owns 90,729,585 shares of the healthcare conglomerate's stock valued at $47,519,620,000 after buying an additional 5,583,343 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of UnitedHealth Group by 10.6% in the 1st quarter. Wellington Management Group LLP now owns 25,847,940 shares of the healthcare conglomerate's stock worth $13,537,859,000 after purchasing an additional 2,486,839 shares during the last quarter. GAMMA Investing LLC boosted its holdings in UnitedHealth Group by 56,142.1% during the first quarter. GAMMA Investing LLC now owns 8,295,153 shares of the healthcare conglomerate's stock worth $4,344,586,000 after buying an additional 8,280,404 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of UnitedHealth Group by 2.5% in the first quarter. Bank of New York Mellon Corp now owns 8,128,174 shares of the healthcare conglomerate's stock valued at $4,257,131,000 after buying an additional 196,696 shares in the last quarter. Finally, Nuveen LLC bought a new stake in shares of UnitedHealth Group during the 1st quarter worth $3,846,764,000. 87.86% of the stock is currently owned by institutional investors and hedge funds.

UnitedHealth Group Stock Up 1.9%

Shares of UNH stock opened at $347.89 on Wednesday. The firm has a market cap of $315.07 billion, a PE ratio of 15.07, a price-to-earnings-growth ratio of 2.23 and a beta of 0.44. UnitedHealth Group Incorporated has a 12 month low of $234.60 and a 12 month high of $630.73. The stock has a 50 day moving average of $297.61 and a 200-day moving average of $362.39. 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 (NYSE:UNH - Get Free Report) last posted its quarterly earnings results 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). The business had revenue of $111.62 billion for the quarter, compared to analyst estimates of $111.75 billion. UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.The firm's quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $6.80 EPS. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, equities analysts predict that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 15th were paid a $2.21 dividend. This represents a $8.84 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, September 15th. UnitedHealth Group's dividend payout ratio is currently 38.30%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Baird R W lowered UnitedHealth Group from a "hold" rating to a "strong sell" rating in a research report on Thursday, July 31st. UBS Group reissued a "buy" rating on shares of UnitedHealth Group in a research report on Thursday, July 17th. Wells Fargo & Company decreased 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. KeyCorp decreased their target price on UnitedHealth Group from $400.00 to $350.00 and set an "overweight" rating for the company in a research report on Wednesday, July 30th. Finally, Piper Sandler cut their price objective on UnitedHealth Group from $353.00 to $317.00 and set an "overweight" rating for the company in a report on Wednesday, July 30th. Sixteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, UnitedHealth Group presently has a consensus rating of "Moderate Buy" and an average target price of $358.95.

About UnitedHealth Group

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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