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Venture Visionary Partners LLC Increases Stake in UnitedHealth Group Incorporated $UNH

UnitedHealth Group logo with Medical background

Key Points

  • Venture Visionary Partners LLC increased its stake in UnitedHealth Group by 19.4% in the 2nd quarter, owning a total of 18,296 shares valued at approximately $5.7 million.
  • Multiple hedge funds have also boosted their stakes significantly, with notable increases like Brighton Jones LLC's 176.2% rise in the 4th quarter.
  • Analysts are divided on the stock, with target prices ranging from $286 to $440, and an overall rating of "Moderate Buy" based on 16 Buy ratings against 3 Sell ratings.
  • Five stocks to consider instead of UnitedHealth Group.

Venture Visionary Partners LLC raised its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 19.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,296 shares of the healthcare conglomerate's stock after acquiring an additional 2,967 shares during the quarter. Venture Visionary Partners LLC's holdings in UnitedHealth Group were worth $5,708,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its stake in shares of UnitedHealth Group by 176.2% during the 4th quarter. Brighton Jones LLC now owns 44,249 shares of the healthcare conglomerate's stock worth $22,384,000 after purchasing an additional 28,231 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of UnitedHealth Group by 137.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,019 shares of the healthcare conglomerate's stock worth $2,033,000 after purchasing an additional 2,324 shares during the last quarter. Baker Tilly Wealth Management LLC boosted its stake in shares of UnitedHealth Group by 5.4% during the 1st quarter. Baker Tilly Wealth Management LLC now owns 1,276 shares of the healthcare conglomerate's stock worth $668,000 after purchasing an additional 65 shares during the last quarter. Fiduciary Alliance LLC boosted its position in shares of UnitedHealth Group by 2.8% in the first quarter. Fiduciary Alliance LLC now owns 10,172 shares of the healthcare conglomerate's stock worth $5,328,000 after acquiring an additional 279 shares during the last quarter. Finally, NBC Securities Inc. boosted its position in shares of UnitedHealth Group by 71,127.3% in the first quarter. NBC Securities Inc. now owns 7,835 shares of the healthcare conglomerate's stock worth $4,103,000 after acquiring an additional 7,824 shares during the last quarter. 87.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on UNH. Royal Bank Of Canada decreased 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 report on Wednesday, July 30th. Cantor Fitzgerald reissued an "overweight" rating and issued a $440.00 target price on shares of UnitedHealth Group in a research report on Tuesday, August 26th. JPMorgan Chase & Co. cut their price target on shares of UnitedHealth Group from $418.00 to $310.00 and set an "overweight" rating on the stock in a report on Wednesday, August 6th. Sanford C. Bernstein raised their price target on shares of UnitedHealth Group from $337.00 to $379.00 and gave the company an "outperform" rating in a report on Friday, September 5th. Finally, Morgan Stanley raised their price target on shares of UnitedHealth Group from $325.00 to $395.00 and gave the company an "overweight" rating in a report on Friday, September 12th. Sixteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $358.95.

Check Out Our Latest Stock Analysis on UnitedHealth Group

UnitedHealth Group Stock Performance

UnitedHealth Group stock opened at $344.61 on Tuesday. The company has a market cap of $312.10 billion, a PE ratio of 14.93, a P/E/G ratio of 2.24 and a beta of 0.45. The company has a fifty day moving average price of $302.45 and a two-hundred day moving average price of $357.73. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85. UnitedHealth Group Incorporated has a 12 month low of $234.60 and a 12 month 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 EPS for the quarter, missing analysts' consensus estimates of $4.45 by ($0.37). The business had revenue of $111.62 billion during the quarter, compared to analyst estimates of $111.75 billion. UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.The business's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.80 EPS. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. Research analysts expect that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 15th were issued a dividend of $2.21 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $8.84 annualized dividend and a dividend yield of 2.6%. UnitedHealth Group's payout ratio is 38.30%.

UnitedHealth Group Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for UnitedHealth Group (NYSE:UNH)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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