LMR Partners LLP lessened its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 80.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 18,416 shares of the healthcare conglomerate’s stock after selling 78,188 shares during the period. LMR Partners LLP’s holdings in UnitedHealth Group were worth $3,415,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in UNH. Waldron LP lifted its position in shares of UnitedHealth Group by 153.1% during the 1st quarter. Waldron LP now owns 5,765 shares of the healthcare conglomerate’s stock valued at $944,000 after acquiring an additional 3,487 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in shares of UnitedHealth Group by 85.2% during the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 298,338 shares of the healthcare conglomerate’s stock valued at $48,930,000 after acquiring an additional 137,265 shares during the last quarter. Kornitzer Capital Management Inc. KS lifted its position in shares of UnitedHealth Group by 30.6% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 4,700 shares of the healthcare conglomerate’s stock valued at $771,000 after acquiring an additional 1,100 shares during the last quarter. Sterling Investment Management Inc. lifted its position in shares of UnitedHealth Group by 2.8% during the 1st quarter. Sterling Investment Management Inc. now owns 10,596 shares of the healthcare conglomerate’s stock valued at $1,738,000 after acquiring an additional 284 shares during the last quarter. Finally, Great West Life Assurance Co. Can lifted its position in shares of UnitedHealth Group by 5.3% during the 1st quarter. Great West Life Assurance Co. Can now owns 1,179,978 shares of the healthcare conglomerate’s stock valued at $193,364,000 after acquiring an additional 59,564 shares during the last quarter. Institutional investors own 86.19% of the company’s stock.

UnitedHealth Group Incorporated (UNH) opened at 192.52 on Monday. UnitedHealth Group Incorporated has a 52-week low of $133.03 and a 52-week high of $200.76. The firm’s 50-day moving average is $196.56 and its 200 day moving average is $184.87. The firm has a market capitalization of $186.14 billion, a P/E ratio of 23.13 and a beta of 0.63.

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

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 19th. Investors of record on Friday, September 8th were given a $0.75 dividend. The ex-dividend date was Thursday, September 7th. This represents a $3.00 annualized dividend and a yield of 1.56%. UnitedHealth Group’s dividend payout ratio is currently 35.13%.

In other UnitedHealth Group news, insider Larry C. Renfro sold 50,574 shares of the business’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $198.11, for a total transaction of $10,019,215.14. Following the sale, the insider now directly owns 195,625 shares of the company’s stock, valued at approximately $38,755,268.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Richard T. Burke sold 15,000 shares of the business’s 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 sale, the director now directly owns 1,818,898 shares in the company, valued at $348,700,935.58. The disclosure for this sale can be found here. Insiders sold a total of 76,174 shares of company stock worth $14,981,909 over the last ninety days. 0.89% of the stock is currently owned by insiders.

UNH has been the subject of a number of recent research reports. Cantor Fitzgerald reiterated an “overweight” rating and set a $208.00 price objective on shares of UnitedHealth Group in a research report on Friday, July 21st. ValuEngine upgraded UnitedHealth Group from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research lowered UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $205.00 target price (up previously from $203.00) on shares of UnitedHealth Group in a report on Friday, July 21st. Finally, BidaskClub lowered UnitedHealth Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 19th. Three investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $204.02.

TRADEMARK VIOLATION WARNING: “LMR Partners LLP Sells 78,188 Shares of UnitedHealth Group Incorporated (UNH)” was reported by Daily Political and is the property of of Daily Political. If you are reading this report on another publication, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be viewed at https://www.dailypolitical.com/2017/10/16/lmr-partners-llp-sells-78188-shares-of-unitedhealth-group-incorporated-unh.html.

UnitedHealth Group Profile

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)

Receive News & Ratings for UnitedHealth Group Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UnitedHealth Group Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.