Segment Wealth Management LLC increased its stake in UnitedHealth Group Inc (NYSE:UNH) by 1.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,711 shares of the healthcare conglomerate’s stock after purchasing an additional 249 shares during the quarter. UnitedHealth Group comprises about 1.4% of Segment Wealth Management LLC’s holdings, making the stock its 15th largest position. Segment Wealth Management LLC’s holdings in UnitedHealth Group were worth $5,409,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advisors Capital Management LLC lifted its stake in UnitedHealth Group by 3.0% during the fourth quarter. Advisors Capital Management LLC now owns 1,480 shares of the healthcare conglomerate’s stock worth $369,000 after purchasing an additional 43 shares during the last quarter. NewSquare Capital LLC lifted its stake in UnitedHealth Group by 15.6% during the fourth quarter. NewSquare Capital LLC now owns 333 shares of the healthcare conglomerate’s stock worth $83,000 after purchasing an additional 45 shares during the last quarter. Capital Investment Advisors LLC lifted its stake in UnitedHealth Group by 0.9% during the fourth quarter. Capital Investment Advisors LLC now owns 5,389 shares of the healthcare conglomerate’s stock worth $1,343,000 after purchasing an additional 48 shares during the last quarter. Northside Capital Management LLC lifted its stake in UnitedHealth Group by 1.0% during the fourth quarter. Northside Capital Management LLC now owns 5,352 shares of the healthcare conglomerate’s stock worth $1,333,000 after purchasing an additional 54 shares during the last quarter. Finally, Adviser Investments LLC lifted its stake in UnitedHealth Group by 4.6% during the fourth quarter. Adviser Investments LLC now owns 1,219 shares of the healthcare conglomerate’s stock worth $304,000 after purchasing an additional 54 shares during the last quarter. Institutional investors own 90.80% of the company’s stock.

In related news, Director William C. Ballard, Jr. sold 5,000 shares of the business’s stock in a transaction dated Tuesday, January 22nd. The stock was sold at an average price of $266.61, for a total transaction of $1,333,050.00. Following the transaction, the director now owns 77,702 shares in the company, valued at approximately $20,716,130.22. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Richard T. Burke sold 6,090 shares of the business’s stock in a transaction dated Wednesday, November 28th. The shares were sold at an average price of $281.72, for a total value of $1,715,674.80. Following the transaction, the director now owns 1,711,584 shares in the company, valued at approximately $482,187,444.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 26,090 shares of company stock worth $6,956,975. 0.87% of the stock is owned by company insiders.

Several equities research analysts have issued reports on the company. Zacks Investment Research raised UnitedHealth Group from a “hold” rating to a “buy” rating and set a $305.00 price target for the company in a research note on Friday, December 14th. Credit Suisse Group reissued a “buy” rating and issued a $310.00 target price on shares of UnitedHealth Group in a research note on Friday, February 8th. BMO Capital Markets set a $310.00 target price on UnitedHealth Group and gave the company a “buy” rating in a research note on Tuesday, November 27th. Raymond James set a $310.00 target price on UnitedHealth Group and gave the company a “buy” rating in a research note on Wednesday, November 28th. Finally, Piper Jaffray Companies boosted their target price on UnitedHealth Group to $312.00 and gave the company an “overweight” rating in a research note on Wednesday, November 28th. One equities research analyst has rated the stock with a hold rating and twenty-two have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $297.80.

NYSE UNH opened at $271.13 on Tuesday. UnitedHealth Group Inc has a 1-year low of $212.49 and a 1-year high of $287.94. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.73 and a quick ratio of 0.69. The stock has a market capitalization of $260.16 billion, a PE ratio of 21.05, a P/E/G ratio of 1.35 and a beta of 0.86.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings results on Tuesday, January 15th. The healthcare conglomerate reported $3.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.20 by $0.08. UnitedHealth Group had a return on equity of 24.38% and a net margin of 5.30%. The company had revenue of $58.42 billion for the quarter, compared to the consensus estimate of $58.01 billion. During the same quarter in the previous year, the business earned $2.59 EPS. UnitedHealth Group’s revenue was up 12.2% compared to the same quarter last year. Equities research analysts forecast that UnitedHealth Group Inc will post 14.62 earnings per share for the current year.

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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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