UnitedHealth Group Incorporated $UNH Position Raised by Red Cedar Investment Management LLC

Red Cedar Investment Management LLC lifted its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 149.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,713 shares of the healthcare conglomerate’s stock after purchasing an additional 5,219 shares during the quarter. Red Cedar Investment Management LLC’s holdings in UnitedHealth Group were worth $3,198,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Montis Financial LLC lifted its stake in UnitedHealth Group by 22.0% in the third quarter. Montis Financial LLC now owns 615 shares of the healthcare conglomerate’s stock worth $226,000 after acquiring an additional 111 shares during the last quarter. Gryphon Financial Partners LLC lifted its holdings in UnitedHealth Group by 0.7% during the 3rd quarter. Gryphon Financial Partners LLC now owns 30,935 shares of the healthcare conglomerate’s stock worth $11,356,000 after buying an additional 211 shares during the last quarter. Leuthold Group LLC acquired a new position in shares of UnitedHealth Group during the 3rd quarter worth about $925,000. Retirement Systems of Alabama raised its position in shares of UnitedHealth Group by 140.0% during the 3rd quarter. Retirement Systems of Alabama now owns 457,848 shares of the healthcare conglomerate’s stock worth $168,067,000 after acquiring an additional 267,068 shares in the last quarter. Finally, Clear Wave Wealth Management LLC boosted its holdings in UnitedHealth Group by 4.1% in the third quarter. Clear Wave Wealth Management LLC now owns 1,592 shares of the healthcare conglomerate’s stock valued at $584,000 after purchasing an additional 62 shares in the last quarter. Institutional investors and hedge funds own 87.86% of the company’s stock.

Insider Activity

In other news, CEO Patrick Conway sold 1,169 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $390.00, for a total transaction of $455,910.00. Following the sale, the chief executive officer owned 15,328 shares in the company, valued at $5,977,920. This trade represents a 7.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.19% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. The Goldman Sachs Group raised their price objective on shares of UnitedHealth Group from $435.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Wells Fargo & Company dropped their price objective on shares of UnitedHealth Group from $526.00 to $487.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 27th. Leerink Partners lifted their price objective on shares of UnitedHealth Group from $462.00 to $472.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. raised their price objective on shares of UnitedHealth Group from $516.00 to $524.00 and gave the company an “overweight” rating in a research report on Friday, October 16th. Twenty equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $463.93.

UnitedHealth Group Stock Performance

Shares of UNH opened at $396.97 on Tuesday. UnitedHealth Group Incorporated has a 12-month low of $255.96 and a 12-month high of $461.62. The stock has a market cap of $355.70 billion, a P/E ratio of 22.67, a PEG ratio of 1.48 and a beta of 0.51. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 0.66. The company has a 50-day moving average of $390.68 and a two-hundred day moving average of $364.28.

UnitedHealth Group (NYSE:UNH) last announced its earnings results on Tuesday, October 13th. The healthcare conglomerate reported $4.69 EPS for the quarter, beating analysts’ consensus estimates of $4.14 by $0.55. UnitedHealth Group had a return on equity of 17.95% and a net margin of 3.53%. The firm had revenue of $112.72 billion for the quarter, compared to analysts’ expectations of $111.31 billion. During the same quarter in the prior year, the firm earned $2.59 EPS. UnitedHealth Group’s quarterly revenue was down .4% on a year-over-year basis. UnitedHealth Group has set its FY 2026 guidance at 20.500- EPS. As a group, research analysts predict that UnitedHealth Group Incorporated will post 20.61 EPS for the current fiscal year.

UnitedHealth Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, December 7th will be paid a dividend of $2.32 per share. This represents a $9.28 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, December 7th. UnitedHealth Group’s dividend payout ratio is currently 53.00%.

About UnitedHealth Group

UnitedHealth Group is a diversified health care company that provides health benefits and health services through two main businesses: UnitedHealthcare and Optum. UnitedHealthcare offers health insurance and related benefit plans to individuals, employers and government programs, including Medicare and Medicaid.

Optum provides services across the health care system, including care delivery, pharmacy services, pharmacy benefit management, health technology and data analytics. Its businesses serve consumers, health care providers, employers, health plans and government organizations.

Founded in 1977 as United HealthCare Corporation, the company is headquartered in Minnetonka, Minnesota.