Cape ANN Savings Bank Decreases Holdings in UnitedHealth Group Incorporated $UNH

Cape ANN Savings Bank lowered its position in UnitedHealth Group Incorporated (NYSE:UNH) by 2.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,922 shares of the healthcare conglomerate’s stock after selling 110 shares during the quarter. UnitedHealth Group makes up approximately 1.3% of Cape ANN Savings Bank’s portfolio, making the stock its 20th biggest position. Cape ANN Savings Bank’s holdings in UnitedHealth Group were worth $2,054,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Truvestments Capital LLC boosted its position in UnitedHealth Group by 6.9% during the first quarter. Truvestments Capital LLC now owns 636 shares of the healthcare conglomerate’s stock valued at $333,000 after buying an additional 41 shares during the period. Wealth Preservation Advisors LLC bought a new stake in UnitedHealth Group in the first quarter valued at $218,000. B. Metzler seel. Sohn & Co. AG increased its position in shares of UnitedHealth Group by 10.1% during the first quarter. B. Metzler seel. Sohn & Co. AG now owns 443,840 shares of the healthcare conglomerate’s stock valued at $232,461,000 after buying an additional 40,759 shares during the period. Delta Investment Management LLC raised its position in shares of UnitedHealth Group by 1.3% in the 1st quarter. Delta Investment Management LLC now owns 6,782 shares of the healthcare conglomerate’s stock worth $3,552,000 after acquiring an additional 86 shares in the last quarter. Finally, Silvant Capital Management LLC raised its holdings in UnitedHealth Group by 0.3% in the first quarter. Silvant Capital Management LLC now owns 61,442 shares of the healthcare conglomerate’s stock worth $32,180,000 after purchasing an additional 179 shares in the last quarter. Institutional investors own 87.86% of the company’s stock.

UnitedHealth Group Price Performance

Shares of NYSE:UNH opened at $303.94 on Thursday. The business has a 50-day simple moving average of $288.09 and a two-hundred day simple moving average of $384.83. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $275.27 billion, a price-to-earnings ratio of 13.17, a price-to-earnings-growth ratio of 1.94 and a beta of 0.43. UnitedHealth Group Incorporated has a fifty-two week low of $234.60 and a fifty-two week high of $630.73.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings results on Tuesday, July 29th. The healthcare conglomerate reported $4.08 EPS for the quarter, missing analysts’ consensus estimates of $4.45 by ($0.37). UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.The company had revenue of $111.62 billion during the quarter, compared to the consensus estimate of $111.75 billion. During the same quarter in the prior year, the firm earned $6.80 earnings per share. The business’s revenue was up 12.9% compared to the same quarter last year. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, analysts expect that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Monday, September 15th will be given a dividend of $2.21 per share. This represents a $8.84 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Monday, September 15th. UnitedHealth Group’s dividend payout ratio is 38.30%.

Analyst Ratings Changes

UNH has been the topic of several research reports. Wells Fargo & Company dropped their price objective on shares of UnitedHealth Group from $306.00 to $267.00 and set an “overweight” rating on the stock in a research note on Monday, August 4th. UBS Group restated a “buy” rating on shares of UnitedHealth Group in a research note on Thursday, July 17th. Erste Group Bank cut UnitedHealth Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 30th. Morgan Stanley reduced their price target on UnitedHealth Group from $342.00 to $325.00 and set an “overweight” rating for the company in a report on Wednesday, August 20th. Finally, TD Securities reissued a “hold” rating and set a $308.00 price objective (down from $520.00) on shares of UnitedHealth Group in a research report on Monday, May 19th. Fifteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $353.00.

Insiders Place Their Bets

In other UnitedHealth Group news, CEO Patrick Hugh Conway sold 589 shares of the firm’s stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $305.00, for a total value of $179,645.00. Following the transaction, the chief executive officer directly owned 10,398 shares of the company’s stock, valued at approximately $3,171,390. This trade represents a 5.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

UnitedHealth Group Company 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.