Obermeyer Wood Investment Counsel Lllp boosted its holdings in UnitedHealth Group Inc (NYSE:UNH) by 0.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 125,540 shares of the healthcare conglomerate’s stock after purchasing an additional 853 shares during the period. UnitedHealth Group comprises 2.9% of Obermeyer Wood Investment Counsel Lllp’s holdings, making the stock its 13th largest position. Obermeyer Wood Investment Counsel Lllp’s holdings in UnitedHealth Group were worth $39,140,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Ellis Investment Partners LLC raised its stake in shares of UnitedHealth Group by 5.6% in the third quarter. Ellis Investment Partners LLC now owns 602 shares of the healthcare conglomerate’s stock valued at $187,000 after buying an additional 32 shares during the period. Successful Portfolios LLC raised its stake in shares of UnitedHealth Group by 2.2% in the second quarter. Successful Portfolios LLC now owns 1,558 shares of the healthcare conglomerate’s stock valued at $460,000 after buying an additional 34 shares during the period. SRS Capital Advisors Inc. raised its stake in shares of UnitedHealth Group by 3.6% in the second quarter. SRS Capital Advisors Inc. now owns 981 shares of the healthcare conglomerate’s stock valued at $289,000 after buying an additional 34 shares during the period. Signature Wealth Management Group raised its stake in shares of UnitedHealth Group by 1.2% in the third quarter. Signature Wealth Management Group now owns 2,756 shares of the healthcare conglomerate’s stock valued at $859,000 after buying an additional 34 shares during the period. Finally, Investment Counsel Inc. raised its stake in shares of UnitedHealth Group by 1.4% in the second quarter. Investment Counsel Inc. now owns 2,575 shares of the healthcare conglomerate’s stock valued at $759,000 after buying an additional 35 shares during the period. 86.39% of the stock is currently owned by institutional investors and hedge funds.

Several analysts have issued reports on the company. Mizuho restated a “buy” rating and issued a $315.00 target price on shares of UnitedHealth Group in a research note on Wednesday, July 15th. SVB Leerink boosted their price objective on UnitedHealth Group from $370.00 to $373.00 and gave the company an “outperform” rating in a research note on Thursday, October 15th. ValuEngine upgraded UnitedHealth Group from a “sell” rating to a “hold” rating in a research report on Thursday, October 1st. Argus cut UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Monday, October 19th. Finally, Bank of America boosted their target price on UnitedHealth Group from $351.00 to $365.00 and gave the stock a “buy” rating in a research report on Friday, August 28th. Five research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $346.68.

In related news, Director Richard T. Burke sold 15,000 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $320.59, for a total transaction of $4,808,850.00. Following the completion of the sale, the director now directly owns 159,215 shares in the company, valued at approximately $51,042,736.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Marianne D. Short sold 12,000 shares of the stock in a transaction dated 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 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 have sold a total of 37,336 shares of company stock valued at $11,893,276 over the last 90 days. 0.80% of the stock is currently owned by company insiders.

Shares of UNH traded up $4.87 during midday trading on Friday, reaching $330.60. The stock had a trading volume of 2,349,525 shares, compared to its average volume of 2,721,790. The company’s 50-day moving average is $313.06 and its 200 day moving average is $300.72. UnitedHealth Group Inc has a 12-month low of $187.72 and a 12-month high of $335.65. The company has a current ratio of 0.82, a quick ratio of 0.84 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $314.18 billion, a price-to-earnings ratio of 18.99, a price-to-earnings-growth ratio of 1.53 and a beta of 0.68.

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

UnitedHealth Group Company 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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