UnitedHealth Group Incorporated (NYSE:UNH) Shares Acquired by Prosperity Consulting Group LLC

Prosperity Consulting Group LLC raised its position in UnitedHealth Group Incorporated (NYSE:UNH) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,535 shares of the healthcare conglomerate’s stock after acquiring an additional 46 shares during the quarter. Prosperity Consulting Group LLC’s holdings in UnitedHealth Group were worth $6,341,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

UNH has been the topic of a number of recent research reports. Mizuho raised their target price on shares of UnitedHealth Group from $600.00 to $650.00 and gave the stock an “outperform” rating in a report on Wednesday, April 9th. Cantor Fitzgerald restated an “overweight” rating and set a $700.00 price objective on shares of UnitedHealth Group in a research note on Friday, January 17th. 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 research report on Tuesday. Hsbc Global Res lowered shares of UnitedHealth Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Raymond James restated a “strong-buy” rating and issued a $540.00 target price (down from $635.00) on shares of UnitedHealth Group in a research report on Monday, April 21st. Three investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, UnitedHealth Group presently has an average rating of “Buy” and an average price target of $603.05.

UnitedHealth Group Stock Performance

Shares of UNH opened at $418.20 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. The firm has a market cap of $382.53 billion, a price-to-earnings ratio of 26.98, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61. UnitedHealth Group Incorporated has a 12 month low of $412.02 and a 12 month high of $630.73. The company’s fifty day moving average is $503.28 and its 200-day moving average is $535.01.

UnitedHealth Group (NYSE:UNH) last released its earnings results on Thursday, April 17th. The healthcare conglomerate reported $7.20 earnings per share for the quarter, missing analysts’ consensus estimates of $7.29 by ($0.09). The firm had revenue of $109.58 billion for the quarter, compared to analyst estimates of $111.56 billion. UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. During the same period in the prior year, the firm earned $6.91 EPS. Equities analysts expect that UnitedHealth Group Incorporated will post 29.54 EPS for the current fiscal year.

UnitedHealth Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were given a $2.10 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $8.40 dividend on an annualized basis and a yield of 2.01%. UnitedHealth Group’s payout ratio is 35.18%.

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.