PensionDanmark Pensionsforsikringsaktieselskab Purchases 21,949 Shares of UnitedHealth Group Incorporated $UNH

PensionDanmark Pensionsforsikringsaktieselskab boosted its position in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 13.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 187,803 shares of the healthcare conglomerate’s stock after purchasing an additional 21,949 shares during the period. UnitedHealth Group comprises 0.6% of PensionDanmark Pensionsforsikringsaktieselskab’s holdings, making the stock its 26th biggest holding. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in UnitedHealth Group were worth $78,057,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Assenagon Asset Management S.A. raised its holdings in shares of UnitedHealth Group by 121.7% in the second quarter. Assenagon Asset Management S.A. now owns 1,306,053 shares of the healthcare conglomerate’s stock worth $542,835,000 after buying an additional 716,812 shares during the period. Apella Capital LLC grew its position in UnitedHealth Group by 7.1% in the 2nd quarter. Apella Capital LLC now owns 4,617 shares of the healthcare conglomerate’s stock valued at $1,977,000 after acquiring an additional 305 shares during the last quarter. Westmount Partners LLC purchased a new stake in UnitedHealth Group in the second quarter worth $299,000. 55 North Private Wealth LLC boosted its stake in shares of UnitedHealth Group by 6.6% during the second quarter. 55 North Private Wealth LLC now owns 2,055 shares of the healthcare conglomerate’s stock valued at $854,000 after purchasing an additional 128 shares during the period. Finally, Evanson Financial LLC purchased a new position in UnitedHealth Group in the 2nd quarter worth about $371,000. Institutional investors own 87.86% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on UNH. Truist Financial upped their target price on shares of UnitedHealth Group from $440.00 to $480.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Bank of America reiterated a “buy” rating on shares of UnitedHealth Group in a report on Monday, July 20th. Jefferies Financial Group lifted their target price on UnitedHealth Group from $340.00 to $373.00 and gave the company a “buy” rating in a research report on Monday, April 20th. UBS Group increased their price target on UnitedHealth Group from $460.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Finally, Oppenheimer lifted their price objective on UnitedHealth Group from $420.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, UnitedHealth Group has an average rating of “Moderate Buy” and a consensus price target of $455.92.

UnitedHealth Group Trading Down 2.1%

NYSE UNH opened at $403.94 on Friday. The firm has a market cap of $366.84 billion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 1.43 and a beta of 0.62. UnitedHealth Group Incorporated has a 52 week low of $239.50 and a 52 week high of $461.62. The company has a quick ratio of 0.80, a current ratio of 0.78 and a debt-to-equity ratio of 0.66. The company has a 50 day moving average price of $413.55 and a 200 day moving average price of $350.44.

UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings results on Thursday, July 16th. The healthcare conglomerate reported $6.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.94 by $1.44. The business had revenue of $112.03 billion for the quarter, compared to the consensus estimate of $110.81 billion. UnitedHealth Group had a return on equity of 16.53% and a net margin of 3.14%.The business’s quarterly revenue was up .4% on a year-over-year basis. During the same period in the prior year, the firm posted $4.08 earnings per share. UnitedHealth Group has set its FY 2026 guidance at 19.500-20.000 EPS. As a group, sell-side analysts forecast that UnitedHealth Group Incorporated will post 19.69 EPS for the current fiscal year.

UnitedHealth Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 15th were paid a dividend of $2.32 per share. The ex-dividend date was Monday, June 15th. This is a positive change from UnitedHealth Group’s previous quarterly dividend of $2.21. This represents a $9.28 dividend on an annualized basis and a dividend yield of 2.3%. UnitedHealth Group’s payout ratio is presently 59.72%.

About UnitedHealth Group

UnitedHealth Group Inc is a diversified health care company headquartered in Minnetonka, Minnesota, that operates two primary business platforms: UnitedHealthcare and Optum. Founded in 1977, the company provides a broad range of health benefits and health care services to individuals, employers, governmental entities and other organizations. Its operations span commercial employer-sponsored plans, individual and Medicare and Medicaid programs, and services for customers and health systems in the United States and selected international markets.

UnitedHealthcare is the company’s benefits business, administering health plans and networks, managing provider relationships, and offering coverage products for employers, individuals, and government-sponsored programs.