Allworth Financial LP Sells 25,105 Shares of UnitedHealth Group Incorporated $UNH

Allworth Financial LP lowered its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 22.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 88,309 shares of the healthcare conglomerate’s stock after selling 25,105 shares during the period. Allworth Financial LP’s holdings in UnitedHealth Group were worth $36,704,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. California State Teachers Retirement System increased its stake in shares of UnitedHealth Group by 41,749.2% in the second quarter. California State Teachers Retirement System now owns 567,446,754 shares of the healthcare conglomerate’s stock valued at $235,847,894,000 after buying an additional 566,090,823 shares during the period. Norges Bank bought a new stake in UnitedHealth Group in the fourth quarter valued at approximately $4,376,167,000. Corient Private Wealth LP acquired a new stake in UnitedHealth Group during the 2nd quarter valued at approximately $245,516,000. Legal & General Group Plc bought a new stake in shares of UnitedHealth Group in the 2nd quarter valued at $2,444,928,000. Finally, Jupiter Topco LLC bought a new position in UnitedHealth Group during the second quarter worth $2,019,844,000. 87.86% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on UNH. KeyCorp increased their price target on UnitedHealth Group from $400.00 to $475.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Wells Fargo & Company raised their target price on UnitedHealth Group from $397.00 to $485.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Leerink Partners boosted their price target on UnitedHealth Group from $400.00 to $462.00 and gave the company an “outperform” rating in a research note on Wednesday, June 17th. Erste Group Bank downgraded shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Thursday, August 27th. Finally, HC Wainwright set a $492.00 target price on shares of UnitedHealth Group in a research note on Wednesday, May 27th. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $456.56.

Insiders Place Their Bets

In other UnitedHealth Group news, CEO Patrick Conway sold 1,169 shares of UnitedHealth Group stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $390.00, for a total transaction of $455,910.00. Following the completion of the transaction, the chief executive officer owned 15,328 shares in the company, valued at approximately $5,977,920. The trade was a 7.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.19% of the company’s stock.

UnitedHealth Group Stock Up 1.0%

UnitedHealth Group stock traded up $4.12 during mid-day trading on Tuesday, reaching $401.25. The stock had a trading volume of 7,048,300 shares, compared to its average volume of 7,640,271. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.78 and a current ratio of 0.78. UnitedHealth Group Incorporated has a fifty-two week low of $255.96 and a fifty-two week high of $461.62. The stock’s 50-day simple moving average is $411.20 and its 200-day simple moving average is $365.42. The firm has a market capitalization of $360.16 billion, a PE ratio of 25.82, a price-to-earnings-growth ratio of 1.49 and a beta of 0.61.

UnitedHealth Group (NYSE:UNH) last issued its 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 company had revenue of $112.03 billion for the quarter, compared to analysts’ expectations of $110.81 billion. UnitedHealth Group had a return on equity of 16.53% and a net margin of 3.14%.UnitedHealth Group’s quarterly revenue was up .4% compared to the same quarter last year. During the same period last year, the business earned $4.08 EPS. UnitedHealth Group has set its FY 2026 guidance at 19.500-20.000 EPS. On average, sell-side analysts forecast that UnitedHealth Group Incorporated will post 19.82 EPS for the current fiscal year.

UnitedHealth Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Monday, September 14th will be given a dividend of $2.32 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a $9.28 annualized dividend and a dividend yield of 2.3%. UnitedHealth Group’s payout ratio is presently 59.72%.

UnitedHealth Group Profile

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.