UnitedHealth Group Incorporated $UNH Shares Bought by Annex Advisory Services LLC

Key Points

• Annex Advisory Services increased its UnitedHealth Group position by 159.6% in the second quarter, acquiring 42,157 additional shares and bringing its holdings to 68,577 shares valued at approximately $28.5 million.
• UnitedHealth reported quarterly earnings of $6.38 per share, exceeding estimates of $4.94, while revenue reached $112.03 billion. The company raised its quarterly dividend to $2.32 per share, producing a 2.3% annualized yield.
• UNH shares opened at $401.56, down 1.8%, while analysts maintained a generally positive outlook with a “Moderate Buy” consensus rating and an average price target of $455.92.

Annex Advisory Services LLC increased its position in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 159.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,577 shares of the healthcare conglomerate's stock after acquiring an additional 42,157 shares during the period. Annex Advisory Services LLC's holdings in UnitedHealth Group were worth $28,503,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of UNH. Brighton Jones LLC increased its holdings in UnitedHealth Group by 176.2% during the 4th 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 in the last quarter. Revolve Wealth Partners LLC grew its position in shares of UnitedHealth Group by 137.1% in 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 during the last quarter. CMT Capital Markets Trading GmbH acquired a new position in shares of UnitedHealth Group during the 2nd quarter worth approximately $340,000. Flow Traders U.S. LLC purchased a new stake in UnitedHealth Group in the 2nd quarter valued at approximately $356,000. Finally, Jump Financial LLC purchased a new position in UnitedHealth Group during the second quarter worth $377,000. 87.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at UnitedHealth Group

In other UnitedHealth Group news, CEO Patrick Hugh Conway sold 500 shares of the company's stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $410.00, for a total transaction of $205,000.00. Following the completion of the sale, the chief executive officer directly owned 16,497 shares in the company, valued at $6,763,770. This represents a 2.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.19% of the company's stock.

UnitedHealth Group Stock Down 1.8%

UNH opened at $401.56 on Wednesday. The stock has a market capitalization of $364.67 billion, a price-to-earnings ratio of 25.84, a price-to-earnings-growth ratio of 1.42 and a beta of 0.62. UnitedHealth Group Incorporated has a 12 month low of $253.67 and a 12 month high of $461.62. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.78 and a quick ratio of 0.80. The business has a 50-day moving average of $415.13 and a two-hundred day moving average of $351.84.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its earnings results on Thursday, July 16th. The healthcare conglomerate reported $6.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.94 by $1.44. UnitedHealth Group had a net margin of 3.14% and a return on equity of 16.53%. The business had revenue of $112.03 billion for the quarter, compared to analysts' expectations of $110.81 billion. During the same period last year, the company earned $4.08 earnings per share. The company's quarterly revenue was up .4% on a year-over-year basis. UnitedHealth Group has set its FY 2026 guidance at 19.500-20.000 EPS. On average, research analysts expect that UnitedHealth Group Incorporated will post 19.69 earnings per share for the current year.

UnitedHealth Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Monday, June 15th were given a $2.32 dividend. This is an increase from UnitedHealth Group's previous quarterly dividend of $2.21. The ex-dividend date of this dividend was Monday, June 15th. This represents a $9.28 annualized dividend and a dividend yield of 2.3%. UnitedHealth Group's dividend payout ratio is 59.72%.

Analysts Set New Price Targets

A number of analysts recently commented on UNH shares. Erste Group Bank raised UnitedHealth Group from a "hold" rating to a "buy" rating in a research note on Monday, April 27th. BMO Capital Markets set a $512.00 target price on shares of UnitedHealth Group in a report on Tuesday, July 21st. Weiss Ratings downgraded shares of UnitedHealth Group from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, July 28th. Wells Fargo & Company upped their price objective on shares of UnitedHealth Group from $397.00 to $485.00 and gave the company an "overweight" rating in a research note on Monday, July 13th. Finally, Bank of America reaffirmed a "buy" rating on shares of UnitedHealth Group in a research note on Monday, July 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, UnitedHealth Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $455.92.

About UnitedHealth Group

UnitedHealth Group Inc is a diversified health care company headquartered in Minnetonka, Minnesota, that operates two primary business platforms: UnitedHealthcare and Optum. Founded in 1977, the company provides a broad range of health benefits and health care services to individuals, employers, governmental entities and other organizations. Its operations span commercial employer-sponsored plans, individual and Medicare and Medicaid programs, and services for customers and health systems in the United States and selected international markets.

UnitedHealthcare is the company's benefits business, administering health plans and networks, managing provider relationships, and offering coverage products for employers, individuals, and government-sponsored programs.

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