UnitedHealth Group Incorporated $UNH Shares Sold by Leavell Investment Management Inc.

Key Points

• Leavell Investment Management Inc. has reduced its holdings in UnitedHealth Group by 7.1%, now owning 14,181 shares worth approximately $4.4 million as of the latest filing.
• Analysts have mixed opinions on UnitedHealth Group, with estimates for price targets ranging significantly from $198 to $430, and a consensus rating of "Moderate Buy."
• UnitedHealth Group recently reported $4.08 EPS for the quarter, missing expectations, while revenue increased by 12.9% year-over-year to approximately $111.62 billion.

Leavell Investment Management Inc. reduced its position in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 7.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,181 shares of the healthcare conglomerate's stock after selling 1,091 shares during the quarter. Leavell Investment Management Inc.'s holdings in UnitedHealth Group were worth $4,424,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC raised its stake 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 buying an additional 28,231 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in 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 in the last quarter. GAMMA Investing LLC boosted its holdings in UnitedHealth Group by 7.4% in the first quarter. GAMMA Investing LLC now owns 15,838 shares of the healthcare conglomerate's stock valued at $8,295,000 after purchasing an additional 1,089 shares in the last quarter. Balefire LLC boosted its holdings in UnitedHealth Group by 28.3% in the first quarter. Balefire LLC now owns 617 shares of the healthcare conglomerate's stock valued at $323,000 after purchasing an additional 136 shares in the last quarter. Finally, Tranquility Partners LLC boosted its holdings in UnitedHealth Group by 2.0% in the first quarter. Tranquility Partners LLC now owns 8,964 shares of the healthcare conglomerate's stock valued at $4,695,000 after purchasing an additional 177 shares in the last quarter. 87.86% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on UNH. Robert W. Baird reaffirmed an "underperform" rating and issued a $198.00 price target (down from $312.00) on shares of UnitedHealth Group in a report on Thursday, July 31st. Baird R W downgraded UnitedHealth Group from a "hold" rating to a "strong sell" rating in a report on Thursday, July 31st. Mizuho increased their price objective on UnitedHealth Group from $300.00 to $430.00 and gave the company an "outperform" rating in a report on Thursday, October 9th. Oppenheimer decreased their price objective on UnitedHealth Group from $400.00 to $325.00 and set an "outperform" rating for the company in a report on Wednesday, July 30th. Finally, Barclays increased their price objective on UnitedHealth Group from $352.00 to $386.00 and gave the company an "overweight" rating in a report on Thursday, October 9th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $385.13.

UnitedHealth Group Price Performance

NYSE:UNH traded up $2.33 during trading hours on Friday, hitting $362.78. The company's stock had a trading volume of 5,449,714 shares, compared to its average volume of 7,844,579. The business's 50-day moving average is $338.43 and its two-hundred day moving average is $338.97. The company has a market capitalization of $328.56 billion, a PE ratio of 15.72, a PEG ratio of 2.33 and a beta of 0.47. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.85 and a current ratio of 0.85. UnitedHealth Group Incorporated has a 52-week low of $234.60 and a 52-week high of $630.73.

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

UnitedHealth Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Monday, September 15th were given a $2.21 dividend. The ex-dividend date was Monday, September 15th. This represents a $8.84 annualized dividend and a yield of 2.4%. 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.

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