IFM Investors Pty Ltd Has $111.05 Million Holdings in UnitedHealth Group Incorporated (NYSE:UNH)

IFM Investors Pty Ltd decreased its position in UnitedHealth Group Incorporated (NYSE:UNH) by 0.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 189,925 shares of the healthcare conglomerate’s stock after selling 436 shares during the quarter. UnitedHealth Group makes up approximately 1.1% of IFM Investors Pty Ltd’s portfolio, making the stock its 13th largest holding. IFM Investors Pty Ltd’s holdings in UnitedHealth Group were worth $111,045,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Wealthcare Advisory Partners LLC increased its position in shares of UnitedHealth Group by 6.3% during the first quarter. Wealthcare Advisory Partners LLC now owns 5,512 shares of the healthcare conglomerate’s stock valued at $2,727,000 after purchasing an additional 326 shares during the period. Signet Financial Management LLC grew its stake in shares of UnitedHealth Group by 8.0% during the first quarter. Signet Financial Management LLC now owns 725 shares of the healthcare conglomerate’s stock valued at $358,000 after purchasing an additional 54 shares during the last quarter. 180 Wealth Advisors LLC grew its holdings in UnitedHealth Group by 40.9% during the first quarter. 180 Wealth Advisors LLC now owns 1,939 shares of the healthcare conglomerate’s stock valued at $959,000 after purchasing an additional 563 shares during the period. Capital Asset Advisory Services LLC boosted its position in UnitedHealth Group by 9.8% during the 1st quarter. Capital Asset Advisory Services LLC now owns 7,125 shares of the healthcare conglomerate’s stock worth $3,247,000 after acquiring an additional 638 shares during the last quarter. Finally, AMF Tjanstepension AB lifted its position in shares of UnitedHealth Group by 113.3% in the first quarter. AMF Tjanstepension AB now owns 197,274 shares of the healthcare conglomerate’s stock valued at $97,618,000 after buying an additional 104,798 shares during the last quarter. Institutional investors and hedge funds own 87.86% of the company’s stock.

Wall Street Analysts Forecast Growth

UNH has been the subject of a number of research analyst reports. KeyCorp started coverage on shares of UnitedHealth Group in a research report on Friday, October 11th. They set an “overweight” rating and a $675.00 price objective for the company. Hsbc Global Res cut shares of UnitedHealth Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 17th. TD Cowen increased their price target on UnitedHealth Group from $601.00 to $609.00 and gave the stock a “buy” rating in a report on Friday, October 18th. Stephens decreased their price target on shares of UnitedHealth Group from $632.00 to $605.00 and set an “overweight” rating for the company in a research note on Wednesday, October 16th. Finally, Wells Fargo & Company lifted their target price on UnitedHealth Group from $525.00 to $630.00 and gave the company an “overweight” rating in a research report on Wednesday, July 17th. Four research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $615.53.

UnitedHealth Group Stock Performance

UnitedHealth Group stock opened at $560.82 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.88 and a debt-to-equity ratio of 0.74. UnitedHealth Group Incorporated has a 1-year low of $436.38 and a 1-year high of $608.63. The firm has a market capitalization of $517.87 billion, a PE ratio of 36.54, a price-to-earnings-growth ratio of 1.67 and a beta of 0.58. The firm’s 50 day simple moving average is $584.16 and its 200 day simple moving average is $536.49.

UnitedHealth Group (NYSE:UNH) last announced its earnings results on Tuesday, October 15th. The healthcare conglomerate reported $7.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.00 by $0.15. UnitedHealth Group had a net margin of 3.63% and a return on equity of 26.37%. The business had revenue of $100.82 billion during the quarter, compared to analyst estimates of $99.14 billion. During the same period in the previous year, the business posted $6.56 earnings per share. UnitedHealth Group’s revenue for the quarter was up 9.2% on a year-over-year basis. As a group, analysts expect that UnitedHealth Group Incorporated will post 27.61 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Monday, September 16th were issued a $2.10 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $8.40 dividend on an annualized basis and a dividend yield of 1.50%. UnitedHealth Group’s payout ratio is 54.72%.

UnitedHealth Group Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. 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 care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.