MML Investors Services LLC boosted its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 12.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,997 shares of the healthcare conglomerate’s stock after acquiring an additional 4,118 shares during the period. MML Investors Services LLC’s holdings in UnitedHealth Group were worth $7,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. Regal Wealth Group Inc. grew its holdings in UnitedHealth Group by 0.4% during the 2nd quarter. Regal Wealth Group Inc. now owns 746 shares of the healthcare conglomerate’s stock worth $138,000 after acquiring an additional 3 shares in the last quarter. Jackson Grant Investment Advisers Inc. grew its holdings in UnitedHealth Group by 0.4% during the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 1,101 shares of the healthcare conglomerate’s stock worth $204,000 after acquiring an additional 4 shares in the last quarter. RB Capital Management LLC boosted its holdings in shares of UnitedHealth Group by 0.4% in the 2nd quarter. RB Capital Management LLC now owns 1,732 shares of the healthcare conglomerate’s stock valued at $321,000 after buying an additional 7 shares in the last quarter. Altfest L J & Co. Inc. boosted its holdings in shares of UnitedHealth Group by 0.3% in the 2nd quarter. Altfest L J & Co. Inc. now owns 2,963 shares of the healthcare conglomerate’s stock valued at $549,000 after buying an additional 10 shares in the last quarter. Finally, Hanson McClain Inc. boosted its holdings in shares of UnitedHealth Group by 1.7% in the 1st quarter. Hanson McClain Inc. now owns 895 shares of the healthcare conglomerate’s stock valued at $147,000 after buying an additional 15 shares in the last quarter. Institutional investors own 86.20% of the company’s stock.

In other UnitedHealth Group news, Director Gail R. Wilensky sold 5,600 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $199.49, for a total transaction of $1,117,144.00. Following the completion of the transaction, the director now directly owns 60,834 shares of the company’s stock, valued at approximately $12,135,774.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Larry C. Renfro sold 50,574 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $198.11, for a total transaction of $10,019,215.14. Following the transaction, the insider now directly owns 195,625 shares of the company’s stock, valued at $38,755,268.75. The disclosure for this sale can be found here. Insiders sold a total of 57,606 shares of company stock valued at $11,433,133 over the last ninety days. 0.89% of the stock is currently owned by insiders.

Shares of UnitedHealth Group Incorporated (NYSE UNH) traded up $3.74 during trading on Wednesday, hitting $216.14. 2,905,600 shares of the company traded hands, compared to its average volume of 3,085,738. The stock has a market cap of $208,980.00, a price-to-earnings ratio of 22.14, a P/E/G ratio of 1.58 and a beta of 0.64. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.52. UnitedHealth Group Incorporated has a 52-week low of $155.18 and a 52-week high of $216.31.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings data on Tuesday, October 17th. The healthcare conglomerate reported $2.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.57 by $0.09. The firm had revenue of $50.32 billion during the quarter, compared to analyst estimates of $50.38 billion. UnitedHealth Group had a net margin of 4.50% and a return on equity of 21.52%. UnitedHealth Group’s revenue was up 8.7% on a year-over-year basis. During the same period last year, the firm posted $2.17 EPS. analysts anticipate that UnitedHealth Group Incorporated will post 9.99 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Friday, December 1st will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Thursday, November 30th. UnitedHealth Group’s payout ratio is currently 34.09%.

A number of research firms have recently weighed in on UNH. Wells Fargo & Company restated an “outperform” rating and issued a $245.00 price target (up from $230.00) on shares of UnitedHealth Group in a report on Wednesday. Oppenheimer raised their price target on shares of UnitedHealth Group from $215.00 to $225.00 and gave the company an “outperform” rating in a report on Wednesday. Credit Suisse Group restated a “positive” rating and issued a $240.00 price target (up from $233.00) on shares of UnitedHealth Group in a report on Wednesday. Royal Bank Of Canada raised their price target on shares of UnitedHealth Group to $244.00 and gave the company an “outperform” rating in a report on Wednesday. They noted that the move was a valuation call. Finally, Cowen restated an “outperform” rating and issued a $220.00 price target (up from $175.00) on shares of UnitedHealth Group in a report on Friday, August 11th. Three analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $219.78.

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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)

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