UnitedHealth Group Incorporated $UNH Stake Raised by Nicola Wealth Management LTD.

Key Points

• Nicola Wealth Management LTD. has increased its stake in UnitedHealth Group by 2.2%, owning 46,400 shares worth approximately $24.3 million, making it the firm's 6th largest position.
• Several other institutional investors have also significantly increased their stakes in UnitedHealth Group, with Brighton Jones LLC raising its holdings by 176.2% in the 4th quarter.
• UnitedHealth Group recently announced a quarterly dividend of $2.21 per share, representing an annualized dividend yield of 2.5% and a payout ratio of 38.3%.

Nicola Wealth Management LTD. increased its stake in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 2.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,400 shares of the healthcare conglomerate's stock after acquiring an additional 1,000 shares during the period. UnitedHealth Group makes up approximately 2.4% of Nicola Wealth Management LTD.'s investment portfolio, making the stock its 6th biggest position. Nicola Wealth Management LTD.'s holdings in UnitedHealth Group were worth $24,302,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of UnitedHealth Group by 176.2% in the 4th quarter. Brighton Jones LLC now owns 44,249 shares of the healthcare conglomerate's stock worth $22,384,000 after acquiring an additional 28,231 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of UnitedHealth Group by 137.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,019 shares of the healthcare conglomerate's stock valued at $2,033,000 after buying an additional 2,324 shares during the period. Port Capital LLC boosted its position in shares of UnitedHealth Group by 1.6% during the fourth quarter. Port Capital LLC now owns 72,792 shares of the healthcare conglomerate's stock valued at $36,823,000 after buying an additional 1,174 shares during the period. Polar Asset Management Partners Inc. purchased a new position in shares of UnitedHealth Group during the fourth quarter valued at approximately $1,973,000. Finally, Point72 Hong Kong Ltd purchased a new position in shares of UnitedHealth Group during the fourth quarter valued at approximately $4,721,000. Hedge funds and other institutional investors own 87.86% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on UNH. Piper Sandler lowered their price objective on shares of UnitedHealth Group from $353.00 to $317.00 and set an "overweight" rating for the company in a research report on Wednesday, July 30th. Royal Bank Of Canada lowered their price objective on shares of UnitedHealth Group from $355.00 to $286.00 and set an "outperform" rating for the company in a research report on Wednesday, July 30th. Sanford C. Bernstein boosted their price objective on shares of UnitedHealth Group from $337.00 to $379.00 and gave the company an "outperform" rating in a research report on Friday, September 5th. TD Securities reissued a "hold" rating and issued a $308.00 price objective (down from $520.00) on shares of UnitedHealth Group in a research report on Monday, May 19th. Finally, Mizuho cut their target price on shares of UnitedHealth Group from $515.00 to $350.00 and set an "outperform" rating on the stock in a research report on Friday, May 16th. Sixteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $355.77.

UnitedHealth Group Stock Performance

UNH stock opened at $353.89 on Friday. The firm has a market cap of $320.51 billion, a price-to-earnings ratio of 15.33, a PEG ratio of 2.27 and a beta of 0.45. The firm has a 50-day simple moving average of $291.11 and a two-hundred day simple moving average of $370.48. UnitedHealth Group Incorporated has a one year low of $234.60 and a one year high of $630.73. 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 (NYSE:UNH - Get Free Report) last released 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 firm had revenue of $111.62 billion for the quarter, compared to analysts' expectations of $111.75 billion. UnitedHealth Group had a net margin of 5.04% and a return on equity of 23.32%. The business's quarterly revenue was up 12.9% compared to the same quarter last year. During the same period in the previous year, the company posted $6.80 earnings per share. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, equities analysts forecast that UnitedHealth Group Incorporated will post 29.54 EPS for the current fiscal year.

UnitedHealth Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Monday, September 15th will be paid a dividend of $2.21 per share. The ex-dividend date is Monday, September 15th. This represents a $8.84 dividend on an annualized basis and a dividend yield of 2.5%. UnitedHealth Group's payout ratio is presently 38.30%.

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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