MU Investments Co. Ltd. boosted its holdings in shares of UnitedHealth Group Inc (NYSE:UNH) by 1.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,370 shares of the healthcare conglomerate’s stock after acquiring an additional 200 shares during the period. UnitedHealth Group comprises about 4.5% of MU Investments Co. Ltd.’s portfolio, making the stock its 11th largest position. MU Investments Co. Ltd.’s holdings in UnitedHealth Group were worth $4,066,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JJJ Advisors Inc. boosted its position in UnitedHealth Group by 1,820.0% during the 3rd quarter. JJJ Advisors Inc. now owns 96 shares of the healthcare conglomerate’s stock valued at $30,000 after acquiring an additional 91 shares in the last quarter. Old North State Trust LLC purchased a new stake in shares of UnitedHealth Group during the 3rd quarter worth $39,000. Exchange Traded Concepts LLC boosted its position in UnitedHealth Group by 140.0% during the second quarter. Exchange Traded Concepts LLC now owns 132 shares of the healthcare conglomerate’s stock valued at $39,000 after purchasing an additional 77 shares in the last quarter. Clean Yield Group boosted its holdings in shares of UnitedHealth Group by 38.5% in the 3rd quarter. Clean Yield Group now owns 144 shares of the healthcare conglomerate’s stock valued at $45,000 after buying an additional 40 shares in the last quarter. Finally, Modus Advisors LLC purchased a new position in shares of UnitedHealth Group in the 2nd quarter worth approximately $62,000. 86.39% of the stock is currently owned by institutional investors and hedge funds.

In other UnitedHealth Group news, Director Richard T. Burke sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $320.59, for a total value of $4,808,850.00. Following the transaction, the director now directly owns 159,215 shares of the company’s stock, valued at approximately $51,042,736.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Marianne D. Short sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $321.34, for a total value of $3,856,080.00. Following the completion of the sale, the executive vice president now owns 140,885 shares of the company’s stock, valued at $45,271,985.90. The disclosure for this sale can be found here. Insiders sold 37,336 shares of company stock worth $11,893,276 over the last ninety days. Corporate insiders own 0.80% of the company’s stock.

A number of brokerages have recently issued reports on UNH. UBS Group upped their price target on UnitedHealth Group from $319.00 to $330.00 and gave the stock a “neutral” rating in a research report on Friday, October 16th. Oppenheimer upped their target price on UnitedHealth Group from $353.00 to $375.00 and gave the company an “outperform” rating in a research report on Thursday, October 15th. Piper Sandler raised their price target on shares of UnitedHealth Group from $350.00 to $385.00 and gave the stock an “overweight” rating in a research report on Thursday, October 15th. Jefferies Financial Group upped their price objective on shares of UnitedHealth Group from $310.00 to $335.00 and gave the company a “hold” rating in a report on Thursday, October 15th. Finally, Argus cut shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Monday, October 19th. Five research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $346.68.

UNH traded up $4.87 during midday trading on Friday, hitting $330.60. 2,349,525 shares of the company traded hands, compared to its average volume of 2,721,790. The business has a 50 day simple moving average of $313.06 and a two-hundred day simple moving average of $300.72. UnitedHealth Group Inc has a 52-week low of $187.72 and a 52-week high of $335.65. The company has a market capitalization of $314.18 billion, a price-to-earnings ratio of 18.99, a PEG ratio of 1.53 and a beta of 0.68. The company has a current ratio of 0.82, a quick ratio of 0.84 and a debt-to-equity ratio of 0.59.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings results on Monday, October 19th. The healthcare conglomerate reported $3.51 earnings per share for the quarter, topping the consensus estimate of $2.98 by $0.53. UnitedHealth Group had a net margin of 6.62% and a return on equity of 27.53%. The firm had revenue of $65.12 billion during the quarter, compared to the consensus estimate of $63.97 billion. During the same quarter in the prior year, the firm earned $3.88 EPS. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. Equities research analysts anticipate that UnitedHealth Group Inc will post 16.78 earnings per share for the current year.

UnitedHealth Group Profile

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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