CHICAGO TRUST Co NA increased its position in shares of UnitedHealth Group Inc (NYSE:UNH) by 3.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,320 shares of the healthcare conglomerate’s stock after purchasing an additional 477 shares during the period. UnitedHealth Group makes up about 1.2% of CHICAGO TRUST Co NA’s portfolio, making the stock its 26th biggest holding. CHICAGO TRUST Co NA’s holdings in UnitedHealth Group were worth $2,895,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Eastern Bank raised its holdings in UnitedHealth Group by 2.0% in the 2nd quarter. Eastern Bank now owns 69,088 shares of the healthcare conglomerate’s stock valued at $16,858,000 after acquiring an additional 1,375 shares in the last quarter. Private Advisors LLC raised its holdings in UnitedHealth Group by 57.9% in the 1st quarter. Private Advisors LLC now owns 6,501 shares of the healthcare conglomerate’s stock valued at $1,607,000 after acquiring an additional 2,385 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in UnitedHealth Group by 26.2% in the 2nd quarter. Capital Investment Advisors LLC now owns 6,379 shares of the healthcare conglomerate’s stock valued at $1,556,000 after acquiring an additional 1,323 shares in the last quarter. Berkeley Capital Partners LLC raised its holdings in UnitedHealth Group by 7.4% in the 2nd quarter. Berkeley Capital Partners LLC now owns 2,220 shares of the healthcare conglomerate’s stock valued at $542,000 after acquiring an additional 153 shares in the last quarter. Finally, Calton & Associates Inc. raised its holdings in UnitedHealth Group by 22.7% in the 2nd quarter. Calton & Associates Inc. now owns 2,074 shares of the healthcare conglomerate’s stock valued at $506,000 after acquiring an additional 384 shares in the last quarter. 85.66% of the stock is owned by institutional investors and hedge funds.

Several brokerages have weighed in on UNH. Cantor Fitzgerald set a $310.00 price objective on UnitedHealth Group and gave the company a “buy” rating in a report on Friday, July 19th. Oppenheimer set a $312.00 price objective on UnitedHealth Group and gave the company a “buy” rating in a report on Friday, July 19th. BMO Capital Markets cut UnitedHealth Group from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $292.00 to $249.00 in a report on Monday, September 30th. Zacks Investment Research raised UnitedHealth Group from a “sell” rating to a “buy” rating and set a $269.00 price objective for the company in a report on Monday, July 22nd. Finally, Royal Bank of Canada set a $311.00 price objective on UnitedHealth Group and gave the company a “buy” rating in a report on Friday, July 19th. Four research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $286.65.

In related news, Director Richard T. Burke sold 5,000 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $246.40, for a total transaction of $1,232,000.00. Following the sale, the director now owns 187,979 shares in the company, valued at approximately $46,318,025.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard T. Burke sold 2,000 shares of the business’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $231.50, for a total value of $463,000.00. Following the sale, the director now owns 187,979 shares in the company, valued at approximately $43,517,138.50. The disclosure for this sale can be found here. Insiders have sold a total of 24,000 shares of company stock worth $5,924,120 in the last 90 days. 0.82% of the stock is currently owned by corporate insiders.

UNH stock traded up $1.97 during midday trading on Wednesday, reaching $222.08. 4,143,866 shares of the stock were exchanged, compared to its average volume of 4,550,181. The stock has a market capitalization of $208.30 billion, a PE ratio of 17.24, a P/E/G ratio of 1.17 and a beta of 0.60. UnitedHealth Group Inc has a 52 week low of $208.07 and a 52 week high of $287.94. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.67 and a quick ratio of 0.67. The company has a fifty day moving average price of $227.85 and a 200 day moving average price of $240.32.

UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings data on Thursday, July 18th. The healthcare conglomerate reported $3.60 earnings per share for the quarter, topping analysts’ consensus estimates of $3.46 by $0.14. The business had revenue of $60.60 billion for the quarter, compared to analyst estimates of $60.59 billion. UnitedHealth Group had a return on equity of 25.20% and a net margin of 5.51%. UnitedHealth Group’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.14 EPS. As a group, analysts anticipate that UnitedHealth Group Inc will post 14.83 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Monday, September 16th were given a dividend of $1.08 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $4.32 dividend on an annualized basis and a yield of 1.95%. UnitedHealth Group’s dividend payout ratio is currently 33.54%.

About UnitedHealth Group

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 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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