Focus Partners Advisor Solutions LLC Purchases 3,938 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Focus Partners Advisor Solutions LLC grew its position in UnitedHealth Group Incorporated (NYSE:UNH) by 57.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,832 shares of the healthcare conglomerate’s stock after buying an additional 3,938 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in UnitedHealth Group were worth $5,480,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. First Heartland Consultants Inc. grew its stake in shares of UnitedHealth Group by 6.3% during the 4th quarter. First Heartland Consultants Inc. now owns 1,240 shares of the healthcare conglomerate’s stock worth $627,000 after acquiring an additional 74 shares in the last quarter. Kolinsky Wealth Management LLC increased its stake in UnitedHealth Group by 1.0% in the 4th quarter. Kolinsky Wealth Management LLC now owns 2,135 shares of the healthcare conglomerate’s stock valued at $1,080,000 after buying an additional 21 shares during the last quarter. Ames National Corp acquired a new position in shares of UnitedHealth Group during the 4th quarter worth about $1,100,000. White Knight Strategic Wealth Advisors LLC raised its holdings in UnitedHealth Group by 118.5% during the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 2,856 shares of the healthcare conglomerate’s stock worth $1,445,000 after acquiring an additional 1,549 shares in the last quarter. Finally, Delta Investment Management LLC raised its stake in shares of UnitedHealth Group by 167.3% during the 4th quarter. Delta Investment Management LLC now owns 6,696 shares of the healthcare conglomerate’s stock worth $3,387,000 after purchasing an additional 4,191 shares in the last quarter. Institutional investors and hedge funds own 87.86% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on UNH shares. KeyCorp lowered their price objective on shares of UnitedHealth Group from $575.00 to $450.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 14th. StockNews.com raised UnitedHealth Group from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Wolfe Research dropped their price objective on shares of UnitedHealth Group from $501.00 to $390.00 and set an “outperform” rating on the stock in a research report on Tuesday. Oppenheimer reduced their target price on shares of UnitedHealth Group from $600.00 to $400.00 and set an “outperform” rating for the company in a report on Wednesday, May 14th. Finally, HSBC restated a “hold” rating and set a $490.00 price objective on shares of UnitedHealth Group in a research report on Tuesday, April 22nd. Eight analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $451.43.

UnitedHealth Group Stock Up 1.9%

NYSE:UNH opened at $321.76 on Wednesday. The firm’s 50 day simple moving average is $464.33 and its 200 day simple moving average is $510.17. The company has a market cap of $291.88 billion, a PE ratio of 20.76, a P/E/G ratio of 1.37 and a beta of 0.56. UnitedHealth Group Incorporated has a one year low of $248.88 and a one year high of $630.73. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings results on Thursday, April 17th. The healthcare conglomerate reported $7.20 EPS for the quarter, missing analysts’ consensus estimates of $7.29 by ($0.09). The company had revenue of $109.58 billion during the quarter, compared to the consensus estimate of $111.56 billion. UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. During the same quarter last year, the firm posted $6.91 EPS. On average, research analysts anticipate that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current year.

UnitedHealth Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Monday, March 10th were given a dividend of $2.10 per share. The ex-dividend date was Monday, March 10th. This represents a $8.40 dividend on an annualized basis and a yield of 2.61%. UnitedHealth Group’s dividend payout ratio (DPR) is currently 35.18%.

Insider Activity at UnitedHealth Group

In related news, Director Kristen Gil acquired 3,700 shares of the stock in a transaction dated Thursday, May 15th. The stock was purchased at an average cost of $271.17 per share, with a total value of $1,003,329.00. Following the completion of the purchase, the director now directly owns 3,818 shares in the company, valued at $1,035,327.06. This trade represents a 3,135.59% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Timothy Patrick Flynn purchased 1,533 shares of the firm’s stock in a transaction that occurred on Wednesday, May 14th. The shares were bought at an average price of $320.80 per share, with a total value of $491,786.40. Following the acquisition, the director now directly owns 6,033 shares of the company’s stock, valued at $1,935,386.40. This represents a 34.07% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 109,408 shares of company stock worth $31,607,768 in the last 90 days. Corporate insiders own 0.33% of the company’s stock.

About UnitedHealth Group

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.