UnitedHealth Group Incorporated $UNH Shares Purchased by Appleton Partners Inc. MA

Key Points

• Appleton Partners Inc. MA increased its holdings in UnitedHealth Group by 36.5%, now owning 50,378 shares valued at approximately $15.72 million.
• Several other institutional investors have also adjusted their positions in UnitedHealth, contributing to the company having 87.86% of its stock owned by institutional shareholders.
• Analysts have mixed views on the stock, with a consensus price target of $358.95 and ratings ranging from Buy to Sell, reflecting uncertainty in its performance.

Appleton Partners Inc. MA grew its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 36.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,378 shares of the healthcare conglomerate's stock after purchasing an additional 13,458 shares during the period. UnitedHealth Group makes up approximately 1.1% of Appleton Partners Inc. MA's investment portfolio, making the stock its 24th largest holding. Appleton Partners Inc. MA's holdings in UnitedHealth Group were worth $15,717,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Net Worth Advisory Group boosted its position in UnitedHealth Group by 0.6% during the 1st quarter. Net Worth Advisory Group now owns 3,642 shares of the healthcare conglomerate's stock worth $1,907,000 after acquiring an additional 21 shares during the period. Bensler LLC raised 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 worth $3,637,000 after purchasing an additional 22 shares in the last quarter. Lakeridge Wealth Management LLC raised its stake in shares of UnitedHealth Group by 5.8% in the 1st quarter. Lakeridge Wealth Management LLC now owns 420 shares of the healthcare conglomerate's stock valued at $220,000 after acquiring an additional 23 shares in the last quarter. Broadway Wealth Solutions Inc. raised its stake in shares of UnitedHealth Group by 2.1% in the 1st quarter. Broadway Wealth Solutions Inc. now owns 1,151 shares of the healthcare conglomerate's stock valued at $603,000 after acquiring an additional 24 shares in the last quarter. Finally, Nabity Jensen Investment Management Inc raised its stake in shares of UnitedHealth Group by 0.9% in the 1st quarter. Nabity Jensen Investment Management Inc now owns 2,760 shares of the healthcare conglomerate's stock valued at $1,446,000 after acquiring an additional 24 shares in the last quarter. Institutional investors own 87.86% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UNH. Wells Fargo & Company cut their price objective on UnitedHealth Group from $306.00 to $267.00 and set an "overweight" rating on the stock in a research note on Monday, August 4th. Barclays boosted their target price on UnitedHealth Group from $337.00 to $352.00 and gave the stock an "overweight" rating in a research report on Thursday, September 4th. Sanford C. Bernstein boosted their target price on UnitedHealth Group from $337.00 to $379.00 and gave the company an "outperform" rating in a research note on Friday, September 5th. UBS Group restated a "buy" rating on shares of UnitedHealth Group in a research note on Thursday, July 17th. Finally, Oppenheimer reduced their price target on UnitedHealth Group from $400.00 to $325.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 30th. Sixteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $358.95.

UnitedHealth Group Stock Up 1.8%

Shares of NYSE:UNH opened at $360.17 on Monday. The firm has a market cap of $326.20 billion, a P/E ratio of 15.61, a P/E/G ratio of 2.34 and a beta of 0.47. 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 Incorporated has a 12-month low of $234.60 and a 12-month high of $630.73. The business has a fifty day simple moving average of $307.84 and a 200 day simple moving average of $353.45.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its quarterly 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 for the quarter, compared to analyst estimates of $111.75 billion. UnitedHealth Group had a net margin of 5.04% and a return on equity of 23.32%. UnitedHealth Group's revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter last year, the firm posted $6.80 EPS. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. Analysts predict that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders 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 dividend yield of 2.5%. UnitedHealth Group's dividend payout ratio is presently 38.30%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.