Aptus Capital Advisors LLC Increases Position in UnitedHealth Group Incorporated (NYSE:UNH)

Aptus Capital Advisors LLC raised its position in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 24.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 77,467 shares of the healthcare conglomerate's stock after purchasing an additional 15,175 shares during the period. Aptus Capital Advisors LLC's holdings in UnitedHealth Group were worth $39,188,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. NewSquare Capital LLC acquired a new position in UnitedHealth Group in the fourth quarter valued at approximately $25,000. Marshall & Sterling Wealth Advisors Inc. bought a new stake in UnitedHealth Group in the fourth quarter valued at $26,000. Hurley Capital LLC bought a new position in shares of UnitedHealth Group during the 4th quarter worth about $28,000. AlphaMark Advisors LLC acquired a new position in UnitedHealth Group during the 4th quarter worth approximately $30,000. Finally, Aster Capital Management DIFC Ltd bought a new stake in shares of UnitedHealth Group during the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 87.86% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on UNH shares. HSBC reissued a "hold" rating and issued a $490.00 price target on shares of UnitedHealth Group in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. dropped their price target on shares of UnitedHealth Group from $652.00 to $525.00 and set an "overweight" rating on the stock in a research report on Thursday, April 24th. Robert W. Baird dropped their target price on UnitedHealth Group from $640.00 to $510.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Truist Financial dropped their price objective on UnitedHealth Group from $660.00 to $580.00 and set a "buy" rating on the stock in a research note on Monday, April 21st. Finally, Mizuho boosted their price target on shares of UnitedHealth Group from $600.00 to $650.00 and gave the stock an "outperform" rating in a report on Wednesday, April 9th. Four investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $596.86.

UnitedHealth Group Stock Performance

UNH traded down $1.96 on Friday, hitting $398.72. The company's stock had a trading volume of 11,384,114 shares, compared to its average volume of 4,611,075. The company's 50 day simple moving average is $495.85 and its 200-day simple moving average is $528.18. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. UnitedHealth Group Incorporated has a 12 month low of $393.11 and a 12 month high of $630.73. The firm has a market cap of $362.92 billion, a P/E ratio of 25.72, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61.

UnitedHealth Group (NYSE:UNH - Get Free Report) last issued its earnings results on Thursday, April 17th. The healthcare conglomerate reported $7.20 EPS for the quarter, missing the consensus estimate of $7.29 by ($0.09). UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The company had revenue of $109.58 billion during the quarter, compared to the consensus estimate of $111.56 billion. During the same quarter in the prior year, the business earned $6.91 EPS. Analysts forecast that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were paid a dividend of $2.10 per share. This represents a $8.40 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend was Monday, March 10th. UnitedHealth Group's dividend payout ratio is 35.18%.

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.