UnitedHealth Group Incorporated $UNH Stock Holdings Boosted by Ameriflex Group Inc.

Key Points

• Ameriflex Group Inc. increased its holdings in UnitedHealth Group by 143.9% during the first quarter, acquiring an additional 1,089 shares, making its total ownership valued at approximately $967,000.
• Analysts have mixed opinions on UnitedHealth Group's stock, with price targets varying significantly: Oppenheimer set a target of $325.00, while Royal Bank of Canada lowered theirs to $286.00, resulting in a consensus rating of "Moderate Buy."
• The company recently declared a quarterly dividend of $2.21, which will be paid to shareholders on September 23rd, representing an annualized yield of 2.9%.

Ameriflex Group Inc. lifted its position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 143.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,846 shares of the healthcare conglomerate's stock after acquiring an additional 1,089 shares during the period. Ameriflex Group Inc.'s holdings in UnitedHealth Group were worth $967,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. TPG GP A LLC grew its position in UnitedHealth Group by 2.2% in the 1st quarter. TPG GP A LLC now owns 144,948 shares of the healthcare conglomerate's stock valued at $75,917,000 after buying an additional 3,186 shares in the last quarter. ICW Investment Advisors LLC grew its position in UnitedHealth Group by 6.4% in the 1st quarter. ICW Investment Advisors LLC now owns 3,051 shares of the healthcare conglomerate's stock valued at $1,598,000 after buying an additional 183 shares in the last quarter. Retirement Planning Co of New England Inc. grew its position in UnitedHealth Group by 9.2% in the 1st quarter. Retirement Planning Co of New England Inc. now owns 591 shares of the healthcare conglomerate's stock valued at $310,000 after buying an additional 50 shares in the last quarter. Calton & Associates Inc. bought a new position in UnitedHealth Group in the 1st quarter valued at about $1,505,000. Finally, Saudi Central Bank bought a new position in UnitedHealth Group in the 1st quarter valued at about $190,000. Institutional investors own 87.86% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on UNH. Oppenheimer reduced their price objective on shares of UnitedHealth Group from $400.00 to $325.00 and set an "outperform" rating for the company in a research report on Wednesday, July 30th. Bank of America raised their price objective on shares of UnitedHealth Group from $290.00 to $325.00 and gave the company a "neutral" rating in a research report on Monday, August 18th. Hsbc Global Res lowered shares of UnitedHealth Group from a "hold" rating to a "moderate sell" rating in a research report on Wednesday, May 21st. KeyCorp reduced their price objective on shares of UnitedHealth Group from $400.00 to $350.00 and set an "overweight" rating for the company in a research report on Wednesday, July 30th. Finally, Royal Bank Of Canada reduced 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. Fifteen research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $353.00.

UnitedHealth Group Price Performance

UNH stock opened at $309.77 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73. UnitedHealth Group Incorporated has a one year low of $234.60 and a one year high of $630.73. The firm has a market capitalization of $280.55 billion, a PE ratio of 13.42, a P/E/G ratio of 2.00 and a beta of 0.44. The firm has a 50-day moving average of $288.16 and a two-hundred day moving average of $379.63.

UnitedHealth Group (NYSE:UNH - Get Free Report) last posted 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 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%.UnitedHealth Group's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period last year, the company earned $6.80 earnings per share. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, analysts forecast that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Monday, September 15th will be given a $2.21 dividend. This represents a $8.84 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, September 15th. UnitedHealth Group's dividend payout ratio is 38.30%.

Insider Activity

In other news, CEO Patrick Hugh Conway sold 589 shares of the stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $305.00, for a total value of $179,645.00. Following the completion of the sale, the chief executive officer directly owned 10,398 shares of the company's stock, valued at $3,171,390. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.28% of the stock is owned by company insiders.

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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