Investors purchased shares of UnitedHealth Group Inc. (NYSE:UNH) on weakness during trading hours on Thursday. $128.78 million flowed into the stock on the tick-up and $68.77 million flowed out of the stock on the tick-down, for a money net flow of $60.01 million into the stock. Of all stocks tracked, UnitedHealth Group had the 4th highest net in-flow for the day. UnitedHealth Group traded down ($0.64) for the day and closed at $140.84

UNH has been the topic of several research reports. Zacks Investment Research upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $146.00 price target on the stock in a report on Wednesday, April 20th. Leerink Swann reiterated an “outperform” rating and issued a $150.00 price target on shares of UnitedHealth Group in a report on Tuesday, April 19th. Cowen and Company reiterated an “outperform” rating on shares of UnitedHealth Group in a report on Tuesday, April 5th. Credit Suisse Group AG reiterated a “buy” rating on shares of UnitedHealth Group in a report on Wednesday, May 18th. Finally, Morgan Stanley reiterated a “buy” rating on shares of UnitedHealth Group in a report on Wednesday, May 18th. Two investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company’s stock. UnitedHealth Group has a consensus rating of “Buy” and an average target price of $146.02.

The firm has a market capitalization of $133.91 billion and a PE ratio of 22.64. The stock has a 50 day moving average price of $138.56 and a 200 day moving average price of $126.76.

UnitedHealth Group (NYSE:UNH) last posted its earnings results on Tuesday, April 19th. The healthcare conglomerate reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.09. The company earned $44.50 billion during the quarter, compared to analyst estimates of $43.96 billion. UnitedHealth Group’s quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.46 EPS. On average, analysts predict that UnitedHealth Group Inc. will post $7.89 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 28th. Stockholders of record on Friday, June 17th were paid a $0.625 dividend. This is a boost from UnitedHealth Group’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Wednesday, June 15th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.78%.

In related news, Director William C. Ballard, Jr. sold 5,000 shares of the stock in a transaction dated Thursday, June 16th. The stock was sold at an average price of $138.58, for a total value of $692,900.00. Following the completion of the transaction, the director now owns 72,229 shares of the company’s stock, valued at $10,009,494.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gail R. Wilensky sold 5,500 shares of the stock in a transaction dated Friday, June 10th. The shares were sold at an average price of $139.80, for a total value of $768,900.00. Following the completion of the transaction, the director now directly owns 59,019 shares of the company’s stock, valued at approximately $8,250,856.20. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have modified their holdings of the stock. Mizuho Trust & Banking Co. Ltd. increased its position in shares of UnitedHealth Group by 1.5% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 1,444,382 shares of the healthcare conglomerate’s stock worth $171,766,000 after buying an additional 20,971 shares in the last quarter. Sawgrass Asset Management LLC increased its position in shares of UnitedHealth Group by 124.4% in the fourth quarter. Sawgrass Asset Management LLC now owns 330,357 shares of the healthcare conglomerate’s stock worth $38,863,000 after buying an additional 183,157 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of UnitedHealth Group by 1.6% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 62,272 shares of the healthcare conglomerate’s stock worth $7,326,000 after buying an additional 1,005 shares in the last quarter. Penobscot Investment Management Company Inc. increased its position in shares of UnitedHealth Group by 52.5% in the fourth quarter. Penobscot Investment Management Company Inc. now owns 8,603 shares of the healthcare conglomerate’s stock worth $1,012,000 after buying an additional 2,960 shares in the last quarter. Finally, Community Bank N.A. increased its position in shares of UnitedHealth Group by 1.6% in the fourth quarter. Community Bank N.A. now owns 10,280 shares of the healthcare conglomerate’s stock worth $1,209,000 after buying an additional 165 shares in the last quarter.

UnitedHealth Group Incorporated is a diversified healthcare company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. The Company conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.