UnitedHealth Group Incorporated $UNH Shares Purchased by Avaii Wealth Management LLC

Key Points

• Avaii Wealth Management LLC significantly increased its stake in UnitedHealth Group by 438.2% during the second quarter, owning 3,466 shares valued at approximately $1,081,000.
• Analysts have set varying price targets for UnitedHealth Group, with a consensus target of $358.95, indicating a general positive outlook despite some recent downgrades.
• UnitedHealth Group recently declared a dividend of $2.21 per share, reflecting a 2.5% yield based on an annualized dividend of $8.84.

Avaii Wealth Management LLC grew its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 438.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,466 shares of the healthcare conglomerate's stock after purchasing an additional 2,822 shares during the period. UnitedHealth Group makes up about 0.5% of Avaii Wealth Management LLC's holdings, making the stock its 27th biggest position. Avaii Wealth Management LLC's holdings in UnitedHealth Group were worth $1,081,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in UnitedHealth Group by 176.2% during the fourth quarter. Brighton Jones LLC now owns 44,249 shares of the healthcare conglomerate's stock worth $22,384,000 after buying an additional 28,231 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings 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 worth $2,033,000 after acquiring an additional 2,324 shares during the period. Probity Advisors Inc. boosted its position in UnitedHealth Group by 45.2% during the fourth quarter. Probity Advisors Inc. now owns 848 shares of the healthcare conglomerate's stock worth $429,000 after purchasing an additional 264 shares in the last quarter. Wood Tarver Financial Group LLC acquired a new stake in UnitedHealth Group in the fourth quarter valued at $73,000. Finally, Copia Wealth Management acquired a new position in shares of UnitedHealth Group during the 4th quarter worth $42,000. Institutional investors and hedge funds own 87.86% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on UNH. Truist Financial raised their target price on shares of UnitedHealth Group from $310.00 to $365.00 and gave the company a "buy" rating in a report on Tuesday, September 9th. Sanford C. Bernstein lifted their price objective on UnitedHealth Group from $337.00 to $379.00 and gave the stock an "outperform" rating in a research report on Friday, September 5th. Robert W. Baird reissued an "underperform" rating and set a $198.00 price target (down previously from $312.00) on shares of UnitedHealth Group in a research report on Thursday, July 31st. Baird R W cut UnitedHealth Group from a "hold" rating to a "strong sell" rating in a research report on Thursday, July 31st. Finally, Wells Fargo & Company decreased their price target on shares of UnitedHealth Group from $306.00 to $267.00 and set an "overweight" rating on the stock in a research note on Monday, August 4th. Sixteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $358.95.

UnitedHealth Group Stock Up 1.2%

UNH opened at $351.87 on Thursday. The business has a 50-day moving average of $298.81 and a two-hundred day moving average of $362.32. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85. UnitedHealth Group Incorporated has a 12 month low of $234.60 and a 12 month high of $630.73. The stock has a market capitalization of $318.68 billion, a price-to-earnings ratio of 15.25, a price-to-earnings-growth ratio of 2.27 and a beta of 0.45.

UnitedHealth Group (NYSE:UNH - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The healthcare conglomerate reported $4.08 EPS for the quarter, missing the consensus estimate 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 return on equity of 23.32% and a net margin of 5.04%.The business's revenue for the quarter was up 12.9% on a year-over-year basis. During the same period last year, the company posted $6.80 EPS. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, research analysts expect that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Announces Dividend

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

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