UnitedHealth Group Incorporated (UNH) Shares Bought by Cornerstone Capital Management Holdings LLC.

Cornerstone Capital Management Holdings LLC. raised its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 17.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 503,932 shares of the healthcare conglomerate’s stock after purchasing an additional 74,211 shares during the quarter. UnitedHealth Group comprises approximately 0.7% of Cornerstone Capital Management Holdings LLC.’s holdings, making the stock its 15th biggest holding. Cornerstone Capital Management Holdings LLC. owned approximately 0.05% of UnitedHealth Group worth $93,438,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in UNH. Regal Wealth Group Inc. lifted its holdings in shares of UnitedHealth Group by 0.4% during the 2nd quarter. Regal Wealth Group Inc. now owns 746 shares of the healthcare conglomerate’s stock valued at $138,000 after acquiring an additional 3 shares in the last quarter. Jackson Grant Investment Advisers Inc. lifted its holdings in shares of UnitedHealth Group by 0.4% during the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 1,101 shares of the healthcare conglomerate’s stock valued at $204,000 after acquiring an additional 4 shares in the last quarter. RB Capital Management LLC lifted its holdings in shares of UnitedHealth Group by 0.4% during the 2nd quarter. RB Capital Management LLC now owns 1,732 shares of the healthcare conglomerate’s stock valued at $321,000 after acquiring an additional 7 shares in the last quarter. Altfest L J & Co. Inc. lifted its holdings in shares of UnitedHealth Group by 0.3% during the 2nd quarter. Altfest L J & Co. Inc. now owns 2,963 shares of the healthcare conglomerate’s stock valued at $549,000 after acquiring an additional 10 shares in the last quarter. Finally, Hanson McClain Inc. lifted its holdings in shares of UnitedHealth Group by 1.7% during the 1st quarter. Hanson McClain Inc. now owns 895 shares of the healthcare conglomerate’s stock valued at $147,000 after acquiring an additional 15 shares in the last quarter. Institutional investors own 86.20% of the company’s stock.

Several equities analysts recently weighed in on the stock. ValuEngine lowered shares of UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Thursday. Raymond James Financial restated a “buy” rating on shares of UnitedHealth Group in a report on Wednesday, December 6th. Sanford C. Bernstein lifted their target price on shares of UnitedHealth Group from $219.00 to $246.00 and gave the company an “outperform” rating in a report on Friday, December 1st. Leerink Swann reaffirmed an “outperform” rating on shares of UnitedHealth Group in a research note on Friday, December 1st. Finally, Jefferies Group reaffirmed a “buy” rating and set a $248.00 price target on shares of UnitedHealth Group in a research note on Friday, December 1st. Three analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company. UnitedHealth Group presently has an average rating of “Buy” and a consensus target price of $224.56.

In other news, Director Kenneth Irwin Shine sold 457 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $211.03, for a total value of $96,440.71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michele J. Hooper sold 5,000 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $222.20, for a total transaction of $1,111,000.00. Following the completion of the sale, the director now directly owns 36,989 shares of the company’s stock, valued at approximately $8,218,955.80. The disclosure for this sale can be found here. Insiders sold a total of 62,606 shares of company stock valued at $12,677,525 in the last three months. Insiders own 0.89% of the company’s stock.

UnitedHealth Group Incorporated (NYSE UNH) traded up $3.76 on Monday, hitting $223.91. 2,233,200 shares of the stock traded hands, compared to its average volume of 3,110,479. The company has a market cap of $215,500.00, a P/E ratio of 23.32, a P/E/G ratio of 1.66 and a beta of 0.66. UnitedHealth Group Incorporated has a one year low of $156.09 and a one year high of $231.77. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.70 and a quick ratio of 0.70.

UnitedHealth Group (NYSE:UNH) last released its earnings results on Tuesday, October 17th. The healthcare conglomerate reported $2.66 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.57 by $0.09. The company had revenue of $50.32 billion during the quarter, compared to the consensus estimate of $50.38 billion. UnitedHealth Group had a net margin of 4.50% and a return on equity of 21.52%. The company’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.17 EPS. sell-side analysts expect that UnitedHealth Group Incorporated will post 9.99 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Friday, December 1st will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend is Thursday, November 30th. UnitedHealth Group’s payout ratio is currently 34.09%.

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UnitedHealth Group Company Profile

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

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Institutional Ownership by Quarter for UnitedHealth Group (NYSE:UNH)

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