Valeo Financial Advisors LLC Purchases 239,486 Shares of UnitedHealth Group Incorporated $UNH

Key Points

• Valeo Financial Advisors LLC significantly increased its stake in UnitedHealth Group by 1,726.1%, acquiring an additional 239,486 shares, bringing their total holdings to 253,360 shares worth approximately $79 million.
• UnitedHealth Group reported a Q2 earnings per share of $4.08, missing analysts' estimates of $4.45, while revenue reached $111.62 billion, slightly below the forecast.
• The company recently announced a quarterly dividend of $2.21 per share, reflecting an annualized payout of $8.84 and a dividend yield of 2.5%.

Valeo Financial Advisors LLC boosted its holdings in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 1,726.1% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 253,360 shares of the healthcare conglomerate's stock after acquiring an additional 239,486 shares during the quarter. Valeo Financial Advisors LLC's holdings in UnitedHealth Group were worth $79,041,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Net Worth Advisory Group increased its stake in UnitedHealth Group by 0.6% in the first quarter. Net Worth Advisory Group now owns 3,642 shares of the healthcare conglomerate's stock valued at $1,907,000 after acquiring an additional 21 shares during the last quarter. Bensler LLC raised its holdings in shares of UnitedHealth Group by 0.3% during the 1st quarter. Bensler LLC now owns 6,945 shares of the healthcare conglomerate's stock valued at $3,637,000 after buying an additional 22 shares in the last quarter. Lakeridge Wealth Management LLC boosted its stake in UnitedHealth Group by 5.8% in the first quarter. Lakeridge Wealth Management LLC now owns 420 shares of the healthcare conglomerate's stock worth $220,000 after buying an additional 23 shares in the last quarter. Broadway Wealth Solutions Inc. lifted its holdings in shares of UnitedHealth Group by 2.1% in the 1st quarter. Broadway Wealth Solutions Inc. now owns 1,151 shares of the healthcare conglomerate's stock worth $603,000 after acquiring an additional 24 shares during the last quarter. Finally, Nabity Jensen Investment Management Inc grew its holdings in shares of UnitedHealth Group by 0.9% during the 1st quarter. Nabity Jensen Investment Management Inc now owns 2,760 shares of the healthcare conglomerate's stock valued at $1,446,000 after purchasing an additional 24 shares during the last quarter. 87.86% of the stock is currently owned by institutional investors.

UnitedHealth Group Stock Performance

Shares of UNH opened at $360.17 on Monday. The business's 50 day moving average price is $307.84 and its 200-day moving average price is $353.45. The stock has a market cap of $326.20 billion, a P/E ratio of 15.61, a P/E/G ratio of 2.34 and a beta of 0.47. UnitedHealth Group Incorporated has a 52 week low of $234.60 and a 52 week high of $630.73. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.73.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its earnings results on Tuesday, July 29th. The healthcare conglomerate reported $4.08 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%.During the same period in the prior year, the company posted $6.80 earnings per share. The company's revenue was up 12.9% on a year-over-year basis. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. Equities research analysts anticipate that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Monday, September 15th were issued a $2.21 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $8.84 dividend on an annualized basis and a dividend yield of 2.5%. UnitedHealth Group's dividend payout ratio (DPR) is presently 38.30%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on UNH shares. Royal Bank Of Canada lowered their target price on UnitedHealth Group from $355.00 to $286.00 and set an "outperform" rating for the company in a research note on Wednesday, July 30th. Baird R W cut shares of UnitedHealth Group from a "hold" rating to a "strong sell" rating in a research report on Thursday, July 31st. KeyCorp cut their target price on UnitedHealth Group from $400.00 to $350.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 30th. Oppenheimer cut their price objective on UnitedHealth Group from $400.00 to $325.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 30th. Finally, Bank of America raised their price target on UnitedHealth Group from $290.00 to $325.00 and gave the stock a "neutral" rating in a research note on Monday, August 18th. Sixteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $358.95.

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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