Granite Investment Partners LLC grew its holdings in UnitedHealth Group Inc (NYSE:UNH) by 4.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 94,415 shares of the healthcare conglomerate’s stock after acquiring an additional 3,749 shares during the quarter. UnitedHealth Group comprises 1.1% of Granite Investment Partners LLC’s investment portfolio, making the stock its 15th biggest holding. Granite Investment Partners LLC’s holdings in UnitedHealth Group were worth $18,491,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Marshall Wace LLP increased its holdings in shares of UnitedHealth Group by 441.4% in the 2nd quarter. Marshall Wace LLP now owns 13,935 shares of the healthcare conglomerate’s stock valued at $2,578,000 after acquiring an additional 11,361 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of UnitedHealth Group by 16.9% in the 2nd quarter. American Century Companies Inc. now owns 4,703,113 shares of the healthcare conglomerate’s stock valued at $872,051,000 after acquiring an additional 681,111 shares during the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of UnitedHealth Group by 5.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 3,656,975 shares of the healthcare conglomerate’s stock valued at $678,077,000 after acquiring an additional 183,401 shares during the last quarter. Essex Financial Services Inc. increased its holdings in shares of UnitedHealth Group by 12.3% in the 2nd quarter. Essex Financial Services Inc. now owns 8,846 shares of the healthcare conglomerate’s stock valued at $1,640,000 after acquiring an additional 967 shares during the last quarter. Finally, Bainco International Investors grew its stake in UnitedHealth Group by 5.4% during the 3rd quarter. Bainco International Investors now owns 82,676 shares of the healthcare conglomerate’s stock worth $16,192,000 after buying an additional 4,202 shares during the last quarter. Institutional investors and hedge funds own 86.09% of the company’s stock.

Shares of UnitedHealth Group Inc (NYSE UNH) opened at $243.35 on Friday. UnitedHealth Group Inc has a 1 year low of $156.49 and a 1 year high of $244.35. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.70 and a current ratio of 0.73. The firm has a market capitalization of $235,290.00, a P/E ratio of 22.72, a price-to-earnings-growth ratio of 1.45 and a beta of 0.66.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings data on Tuesday, January 16th. The healthcare conglomerate reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.09. UnitedHealth Group had a return on equity of 21.29% and a net margin of 5.25%. The company had revenue of $52.06 billion during the quarter, compared to analysts’ expectations of $51.57 billion. During the same period last year, the firm earned $2.11 EPS. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. equities analysts predict that UnitedHealth Group Inc will post 12.2 earnings per share for the current fiscal year.

UNH has been the topic of a number of research reports. Bank of America raised their price target on UnitedHealth Group from $230.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Citigroup raised their price target on UnitedHealth Group from $213.00 to $235.00 and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Leerink Swann restated a “buy” rating and set a $240.00 price target (up previously from $225.00) on shares of UnitedHealth Group in a research note on Wednesday, October 18th. Cantor Fitzgerald restated a “buy” rating and set a $208.00 price target on shares of UnitedHealth Group in a research note on Tuesday, October 17th. Finally, Jefferies Group raised their price target on UnitedHealth Group from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, October 13th. Three equities research analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $241.30.

In other UnitedHealth Group news, Director Gail R. Wilensky sold 5,600 shares of the stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $223.31, for a total transaction of $1,250,536.00. Following the completion of the sale, the director now directly owns 61,137 shares of the company’s stock, valued at approximately $13,652,503.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Larry C. Renfro sold 22,598 shares of the stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $221.75, for a total value of $5,011,106.50. Following the sale, the chief executive officer now directly owns 195,314 shares of the company’s stock, valued at $43,310,879.50. The disclosure for this sale can be found here. Insiders have sold a total of 33,655 shares of company stock valued at $7,469,083 over the last ninety days. 0.89% of the stock is owned by insiders.

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About UnitedHealth Group

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

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

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