UnitedHealth Group Incorporated $UNH Shares Sold by Aries Wealth Management

Key Points

• Aries Wealth Management reduced its stake in UnitedHealth Group by 75.3% in the second quarter, owning 1,087 shares after selling 3,320 shares.
• UnitedHealth Group's recent earnings report showed an EPS of $4.08, missing the consensus estimate of $4.45, with quarterly revenue of $111.62 billion.
• The company has declared a quarterly dividend of $2.21 per share, representing an annual yield of 2.5%, with a dividend payout ratio of 38.30%.

Aries Wealth Management lessened its stake in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 75.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,087 shares of the healthcare conglomerate's stock after selling 3,320 shares during the quarter. Aries Wealth Management's holdings in UnitedHealth Group were worth $339,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bayforest Capital Ltd increased its holdings in UnitedHealth Group by 685.7% in the 1st quarter. Bayforest Capital Ltd now owns 55 shares of the healthcare conglomerate's stock worth $29,000 after acquiring an additional 48 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of UnitedHealth Group by 416.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 62 shares of the healthcare conglomerate's stock worth $32,000 after buying an additional 50 shares in the last quarter. Kentucky Trust Co grew its stake in UnitedHealth Group by 53.8% during the 2nd quarter. Kentucky Trust Co now owns 143 shares of the healthcare conglomerate's stock valued at $45,000 after acquiring an additional 50 shares in the last quarter. O Brien Wealth Partners LLC lifted its stake in UnitedHealth Group by 74.0% in the 1st quarter. O Brien Wealth Partners LLC now owns 87 shares of the healthcare conglomerate's stock worth $46,000 after purchasing an additional 37 shares in the last quarter. Finally, Cloud Capital Management LLC purchased a new stake in shares of UnitedHealth Group in the first quarter valued at approximately $53,000. Hedge funds and other institutional investors own 87.86% of the company's stock.

UnitedHealth Group Trading Up 0.3%

Shares of UNH stock opened at $359.70 on Wednesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market cap of $325.77 billion, a PE ratio of 15.58, a price-to-earnings-growth ratio of 2.32 and a beta of 0.47. The company has a 50-day moving average of $322.74 and a two-hundred day moving average of $347.08. UnitedHealth Group Incorporated has a 1-year low of $234.60 and a 1-year high of $630.73.

UnitedHealth Group (NYSE:UNH - Get Free Report) last announced its earnings results on Tuesday, July 29th. The healthcare conglomerate reported $4.08 earnings per share for the quarter, missing the consensus estimate of $4.45 by ($0.37). UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.The company had revenue of $111.62 billion for the quarter, compared to analysts' expectations of $111.75 billion. During the same period last year, the business earned $6.80 EPS. The company's quarterly revenue was up 12.9% compared to the same quarter last year. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, analysts predict that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Announces Dividend

The firm 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. 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 (DPR) is presently 38.30%.

Analyst Ratings Changes

A number of equities analysts have weighed in on UNH shares. Morgan Stanley boosted their price objective on UnitedHealth Group from $325.00 to $395.00 and gave the stock an "overweight" rating in a research note on Friday, September 12th. The Goldman Sachs Group initiated coverage on shares of UnitedHealth Group in a research report on Tuesday. They set a "buy" rating and a $406.00 price objective for the company. Royal Bank Of Canada reduced their target price on shares of UnitedHealth Group from $355.00 to $286.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 30th. JPMorgan Chase & Co. lifted their target price on shares of UnitedHealth Group from $310.00 to $425.00 and gave the stock an "overweight" rating in a research note on Thursday, October 9th. Finally, Zacks Research raised shares of UnitedHealth Group from a "strong sell" rating to a "hold" rating in a research note on Monday, October 6th. Seventeen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $384.09.

UnitedHealth Group 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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