UnitedHealth Group Incorporated $UNH Shares Acquired by Sage Private Wealth Group LLC

Key Points

• Sage Private Wealth Group LLC significantly increased its stake in UnitedHealth Group, acquiring an additional 857 shares to reach a total of 1,651 shares, valued at $515,000.
• UnitedHealth Group reported a miss in earnings for the last quarter, with earnings per share of $4.08 compared to the expected $4.45, alongside a revenue of $111.62 billion.
• The company announced a quarterly dividend of $2.21, translating to an annual dividend of $8.84, which reflects a yield of 2.5% and a payout ratio of 38.30%.

Sage Private Wealth Group LLC increased its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 107.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,651 shares of the healthcare conglomerate's stock after purchasing an additional 857 shares during the quarter. Sage Private Wealth Group LLC's holdings in UnitedHealth Group were worth $515,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UNH. Brighton Jones LLC lifted its position in UnitedHealth Group by 176.2% in the fourth quarter. Brighton Jones LLC now owns 44,249 shares of the healthcare conglomerate's stock valued at $22,384,000 after acquiring an additional 28,231 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of UnitedHealth Group by 137.1% in the 4th 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 during the period. GAMMA Investing LLC increased its position in UnitedHealth Group by 7.4% during the first quarter. GAMMA Investing LLC now owns 15,838 shares of the healthcare conglomerate's stock worth $8,295,000 after buying an additional 1,089 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of UnitedHealth Group by 49.0% in the first quarter. Exchange Traded Concepts LLC now owns 2,827 shares of the healthcare conglomerate's stock valued at $1,481,000 after acquiring an additional 930 shares during the period. Finally, Cornerstone Wealth Management LLC increased its holdings in shares of UnitedHealth Group by 3.0% in the 1st quarter. Cornerstone Wealth Management LLC now owns 1,889 shares of the healthcare conglomerate's stock valued at $989,000 after acquiring an additional 55 shares during the period. Institutional investors and hedge funds own 87.86% of the company's stock.

UnitedHealth Group Stock Performance

Shares of UNH opened at $355.73 on Friday. The company has a market capitalization of $322.17 billion, a PE ratio of 15.41, a P/E/G ratio of 2.33 and a beta of 0.47. UnitedHealth Group Incorporated has a 52-week low of $234.60 and a 52-week high of $630.73. The company has a 50-day simple moving average of $327.27 and a 200-day simple moving average of $346.01. 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 issued 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 company had revenue of $111.62 billion during the quarter, compared to analysts' expectations of $111.75 billion. UnitedHealth Group had a net margin of 5.04% and a return on equity of 23.32%. The company's quarterly revenue was up 12.9% on a year-over-year basis. During the same period last year, the business posted $6.80 earnings per share. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. Equities research analysts predict that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal 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 $2.21 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $8.84 annualized dividend and a yield of 2.5%. UnitedHealth Group's dividend payout ratio is 38.30%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on UNH shares. Robert W. Baird reissued an "underperform" rating and set a $198.00 price objective (down from $312.00) on shares of UnitedHealth Group in a research report on Thursday, July 31st. Royal Bank Of Canada dropped their price target on UnitedHealth Group from $355.00 to $286.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 30th. Zacks Research upgraded UnitedHealth Group from a "strong sell" rating to a "hold" rating in a research note on Monday, October 6th. Cantor Fitzgerald restated an "overweight" rating and set a $440.00 price target on shares of UnitedHealth Group in a research note on Tuesday, August 26th. Finally, Bank of America boosted their price objective on shares of UnitedHealth Group from $350.00 to $390.00 and gave the company a "neutral" rating in a research note on Wednesday, October 8th. Seventeen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $384.09.

UnitedHealth Group Company 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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