West Branch Capital LLC Grows Stock Holdings in UnitedHealth Group Incorporated $UNH

Key Points

• West Branch Capital LLC increased its holdings in UnitedHealth Group by 12.4%, owning 13,134 shares worth approximately $4,097,000, making it the company's 22nd biggest holding.
• UnitedHealth Group's stock has received mixed ratings from analysts, with targets ranging from $286.00 to $440.00, showing a consensus rating of "Moderate Buy" based on recent evaluations.
• The company declared a quarterly dividend of $2.21 per share, representing an annual yield of 2.6% and a dividend payout ratio of 38.30%.

West Branch Capital LLC boosted its holdings in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 12.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,134 shares of the healthcare conglomerate's stock after buying an additional 1,445 shares during the period. UnitedHealth Group makes up 1.2% of West Branch Capital LLC's investment portfolio, making the stock its 22nd biggest holding. West Branch Capital LLC's holdings in UnitedHealth Group were worth $4,097,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Bayforest Capital Ltd increased its position in shares of UnitedHealth Group by 685.7% in the first quarter. Bayforest Capital Ltd now owns 55 shares of the healthcare conglomerate's stock valued at $29,000 after acquiring an additional 48 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its position in shares of UnitedHealth Group by 416.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 62 shares of the healthcare conglomerate's stock valued at $32,000 after buying an additional 50 shares during the period. IAG Wealth Partners LLC purchased a new position in shares of UnitedHealth Group during the first quarter valued at about $42,000. Kentucky Trust Co boosted its stake in UnitedHealth Group by 53.8% during the second quarter. Kentucky Trust Co now owns 143 shares of the healthcare conglomerate's stock worth $45,000 after acquiring an additional 50 shares in the last quarter. Finally, O Brien Wealth Partners LLC boosted its stake in UnitedHealth Group by 74.0% during the first quarter. O Brien Wealth Partners LLC now owns 87 shares of the healthcare conglomerate's stock worth $46,000 after acquiring an additional 37 shares in the last quarter. 87.86% of the stock is owned by institutional investors.

Analysts Set New Price Targets

UNH has been the topic of several research reports. Cantor Fitzgerald reissued an "overweight" rating and set a $440.00 price objective on shares of UnitedHealth Group in a research note on Tuesday, August 26th. Royal Bank Of Canada lowered their price objective 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. Baird R W cut shares of UnitedHealth Group from a "hold" rating to a "strong sell" rating in a report on Thursday, July 31st. Sanford C. Bernstein increased their price objective on shares of UnitedHealth Group from $337.00 to $379.00 and gave the stock an "outperform" rating in a research note on Friday, September 5th. Finally, Bank of America raised their target price on shares of UnitedHealth Group from $290.00 to $325.00 and gave the company a "neutral" rating in a research note on Monday, August 18th. Sixteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, UnitedHealth Group currently has a consensus rating of "Moderate Buy" and an average target price of $358.95.

UnitedHealth Group Price Performance

UnitedHealth Group stock opened at $344.15 on Friday. The firm has a 50-day moving average price of $301.20 and a 200-day moving average price of $360.42. The firm has a market capitalization of $311.69 billion, a PE ratio of 14.91, a price-to-earnings-growth ratio of 2.25 and a beta of 0.45. 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 12-month low of $234.60 and a 12-month high of $630.73.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its earnings results 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 firm had revenue of $111.62 billion during the quarter, compared to the consensus estimate 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 was up 12.9% compared to the same quarter last year. During the same quarter last year, the business posted $6.80 EPS. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. As a group, equities research analysts forecast that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Monday, September 15th were issued a dividend of $2.21 per share. The ex-dividend date was Monday, September 15th. This represents a $8.84 dividend on an annualized basis and a yield of 2.6%. UnitedHealth Group's dividend payout ratio (DPR) 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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