Bowling Portfolio Management LLC trimmed its position in UnitedHealth Group Incorporated (NYSE:UNH) by 5.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,220 shares of the healthcare conglomerate’s stock after selling 2,067 shares during the quarter. UnitedHealth Group makes up 1.0% of Bowling Portfolio Management LLC’s investment portfolio, making the stock its 16th largest position. Bowling Portfolio Management LLC’s holdings in UnitedHealth Group were worth $6,530,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp raised its holdings in shares of UnitedHealth Group by 2.5% in the 1st quarter. State Street Corp now owns 45,724,509 shares of the healthcare conglomerate’s stock valued at $7,499,276,000 after purchasing an additional 1,122,534 shares in the last quarter. Legal & General Group Plc raised its stake in UnitedHealth Group by 5.4% during the 1st quarter. Legal & General Group Plc now owns 4,954,692 shares of the healthcare conglomerate’s stock worth $812,630,000 after acquiring an additional 254,545 shares in the last quarter. Harris Associates L P raised its stake in UnitedHealth Group by 0.3% during the 1st quarter. Harris Associates L P now owns 4,646,307 shares of the healthcare conglomerate’s stock worth $762,041,000 after acquiring an additional 14,489 shares in the last quarter. Longview Partners Guernsey LTD raised its stake in UnitedHealth Group by 3.5% during the 2nd quarter. Longview Partners Guernsey LTD now owns 4,510,545 shares of the healthcare conglomerate’s stock worth $836,345,000 after acquiring an additional 151,208 shares in the last quarter. Finally, UBS Asset Management Americas Inc. raised its stake in UnitedHealth Group by 6.2% during the 1st quarter. UBS Asset Management Americas Inc. now owns 4,372,898 shares of the healthcare conglomerate’s stock worth $717,199,000 after acquiring an additional 255,799 shares in the last quarter. Institutional investors and hedge funds own 86.21% of the company’s stock.

In related news, Director Gail R. Wilensky sold 5,600 shares of the stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $199.49, for a total value of $1,117,144.00. Following the sale, the director now owns 60,834 shares of the company’s stock, valued at approximately $12,135,774.66. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard T. Burke sold 15,000 shares of the stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $191.71, for a total transaction of $2,875,650.00. Following the completion of the sale, the director now directly owns 1,818,898 shares in the company, valued at approximately $348,700,935.58. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,600 shares of company stock worth $4,962,694. Corporate insiders own 0.89% of the company’s stock.

Several equities research analysts recently commented on UNH shares. UBS AG reiterated an “overweight” rating on shares of UnitedHealth Group in a research note on Thursday, August 24th. Zacks Investment Research upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $199.00 price target on the stock in a research note on Tuesday, May 30th. BidaskClub upgraded shares of UnitedHealth Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 8th. Morgan Stanley lifted their price target on shares of UnitedHealth Group from $202.00 to $210.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 28th. Finally, Vetr upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $186.50 price target on the stock in a research note on Tuesday, May 30th. One analyst has rated the stock with a hold rating and twenty-five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $203.41.

Shares of UnitedHealth Group Incorporated (NYSE:UNH) opened at 197.47 on Wednesday. UnitedHealth Group Incorporated has a one year low of $132.88 and a one year high of $200.44. The stock has a market cap of $190.93 billion, a P/E ratio of 23.72 and a beta of 0.63. The stock has a 50 day moving average of $194.40 and a 200 day moving average of $179.90.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings data on Tuesday, July 18th. The healthcare conglomerate reported $2.46 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.38 by $0.08. UnitedHealth Group had a net margin of 4.32% and a return on equity of 21.52%. The business had revenue of $50.05 billion for the quarter, compared to analysts’ expectations of $49.97 billion. During the same quarter last year, the company earned $1.96 EPS. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. Equities analysts expect that UnitedHealth Group Incorporated will post $9.87 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Friday, September 8th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.52%. UnitedHealth Group’s dividend payout ratio (DPR) is presently 35.13%.

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About UnitedHealth Group

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

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

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