Lincoln National Corp boosted its position in UnitedHealth Group Inc (NYSE:UNH) by 16.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 3,399 shares of the healthcare conglomerate’s stock after purchasing an additional 484 shares during the period. Lincoln National Corp’s holdings in UnitedHealth Group were worth $905,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the stock. ING Groep NV lifted its stake in UnitedHealth Group by 40.2% in the 3rd quarter. ING Groep NV now owns 298,661 shares of the healthcare conglomerate’s stock valued at $79,456,000 after purchasing an additional 85,688 shares during the last quarter. Johanson Financial Advisors Inc. lifted its position in UnitedHealth Group by 6.8% during the third quarter. Johanson Financial Advisors Inc. now owns 9,432 shares of the healthcare conglomerate’s stock worth $2,506,000 after acquiring an additional 604 shares during the last quarter. Fagan Associates Inc. acquired a new stake in UnitedHealth Group during the third quarter worth approximately $371,000. McKinley Carter Wealth Services Inc. acquired a new stake in UnitedHealth Group during the third quarter worth approximately $3,524,000. Finally, Motley Fool Asset Management LLC lifted its position in UnitedHealth Group by 20.3% during the third quarter. Motley Fool Asset Management LLC now owns 12,403 shares of the healthcare conglomerate’s stock worth $3,300,000 after acquiring an additional 2,089 shares during the last quarter. Institutional investors and hedge funds own 85.45% of the company’s stock.

In other news, Director Richard T. Burke sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 12th. The shares were sold at an average price of $263.41, for a total transaction of $5,268,200.00. Following the transaction, the director now directly owns 1,720,112 shares of the company’s stock, valued at $453,094,701.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP D Ellen Wilson sold 15,393 shares of the firm’s stock in a transaction that occurred on Friday, August 24th. The stock was sold at an average price of $264.29, for a total transaction of $4,068,215.97. Following the transaction, the executive vice president now directly owns 66,402 shares in the company, valued at $17,549,384.58. The disclosure for this sale can be found here. Insiders have sold 69,731 shares of company stock worth $18,584,675 over the last ninety days. Insiders own 0.87% of the company’s stock.

Several equities research analysts have issued reports on the stock. BMO Capital Markets raised their price objective on shares of UnitedHealth Group to $310.00 and gave the stock an “outperform” rating in a research report on Thursday, October 18th. Piper Jaffray Companies raised their price objective on shares of UnitedHealth Group to $300.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 17th. Raymond James raised their price objective on shares of UnitedHealth Group from $304.00 to $310.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, October 17th. Royal Bank of Canada raised their price objective on shares of UnitedHealth Group to $308.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 17th. Finally, Citigroup downgraded shares of UnitedHealth Group from a “buy” rating to a “neutral” rating and set a $288.00 price objective for the company. in a research report on Monday, September 10th. One research analyst has rated the stock with a hold rating, twenty-two have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $289.41.

Shares of UNH opened at $266.05 on Tuesday. UnitedHealth Group Inc has a 12 month low of $208.48 and a 12 month high of $278.00. The company has a market cap of $260.82 billion, a PE ratio of 26.42, a price-to-earnings-growth ratio of 1.56 and a beta of 0.78. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.61.

UnitedHealth Group (NYSE:UNH) last announced its earnings results on Tuesday, October 16th. The healthcare conglomerate reported $3.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.30 by $0.11. UnitedHealth Group had a net margin of 5.71% and a return on equity of 23.62%. The company had revenue of $56.56 billion for the quarter, compared to analysts’ expectations of $56.34 billion. During the same period last year, the firm earned $2.66 earnings per share. The business’s revenue for the quarter was up 12.4% on a year-over-year basis. As a group, equities analysts predict that UnitedHealth Group Inc will post 12.81 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 13th. Stockholders of record on Monday, December 3rd will be issued a dividend of $0.90 per share. The ex-dividend date is Friday, November 30th. This represents a $3.60 annualized dividend and a dividend yield of 1.35%. UnitedHealth Group’s dividend payout ratio is presently 35.75%.

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UnitedHealth Group Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. 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 for preventive and acute health care services, as well as services dealing with chronic disease and other specialized issues for older individuals; and Medicaid plans, Children's Health Insurance Program, and health care programs; and health and dental benefits.

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

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