Three Seasons Wealth LLC Acquires New Shares in UnitedHealth Group Incorporated (NYSE:UNH)

Three Seasons Wealth LLC purchased a new position in UnitedHealth Group Incorporated (NYSE:UNH) during the fourth quarter, HoldingsChannel reports. The firm purchased 2,293 shares of the healthcare conglomerate’s stock, valued at approximately $1,160,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UNH. NewSquare Capital LLC bought a new position in UnitedHealth Group in the 4th quarter worth $25,000. Hurley Capital LLC purchased a new position in shares of UnitedHealth Group during the 4th quarter valued at about $28,000. Aster Capital Management DIFC Ltd purchased a new stake in UnitedHealth Group in the 4th quarter worth approximately $30,000. AlphaMark Advisors LLC purchased a new stake in shares of UnitedHealth Group in the fourth quarter worth $30,000. Finally, Promus Capital LLC purchased a new position in shares of UnitedHealth Group in the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 87.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on UNH shares. Argus downgraded shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Monday. HSBC reaffirmed a “hold” rating and issued a $490.00 target price on shares of UnitedHealth Group in a report on Tuesday. Raymond James reaffirmed a “strong-buy” rating and set a $540.00 price objective (down from $635.00) on shares of UnitedHealth Group in a report on Monday. Barclays dropped their price objective on shares of UnitedHealth Group from $642.00 to $560.00 and set an “overweight” rating for the company in a research note on Monday. Finally, Morgan Stanley lowered their price target on shares of UnitedHealth Group from $664.00 to $563.00 and set an “overweight” rating for the company in a report on Tuesday. Three analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $603.05.

UnitedHealth Group Trading Down 0.8 %

Shares of NYSE UNH opened at $424.70 on Friday. The stock has a market capitalization of $388.48 billion, a P/E ratio of 27.40, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91. The business has a fifty day moving average price of $504.95 and a 200 day moving average price of $536.14. UnitedHealth Group Incorporated has a 1-year low of $417.12 and a 1-year high of $630.73.

UnitedHealth Group (NYSE:UNH) last posted its 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). UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. The firm had revenue of $109.58 billion for the quarter, compared to analysts’ expectations of $111.56 billion. During the same period in the previous year, the company earned $6.91 EPS. Equities research analysts expect that UnitedHealth Group Incorporated will post 29.54 EPS for the current fiscal year.

UnitedHealth Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were issued a dividend of $2.10 per share. This represents a $8.40 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend was Monday, March 10th. UnitedHealth Group’s dividend payout ratio (DPR) is 35.18%.

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.