UnitedHealth Group (UNH) Shares Bought by Rockefeller Financial Services Inc.

Rockefeller Financial Services Inc. increased its stake in shares of UnitedHealth Group (NYSE:UNH) by 74.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,108 shares of the healthcare conglomerate’s stock after buying an additional 15,002 shares during the quarter. Rockefeller Financial Services Inc.’s holdings in UnitedHealth Group were worth $7,740,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. SeaCrest Wealth Management LLC bought a new position in shares of UnitedHealth Group in the 4th quarter worth about $894,000. Global Trust Asset Management LLC acquired a new stake in shares of UnitedHealth Group in the 4th quarter valued at about $620,000. Inverness Counsel LLC NY grew its stake in shares of UnitedHealth Group by 8.5% in the 4th quarter. Inverness Counsel LLC NY now owns 214,437 shares of the healthcare conglomerate’s stock valued at $47,275,000 after buying an additional 16,715 shares during the period. Aperio Group LLC grew its stake in shares of UnitedHealth Group by 3.4% in the 4th quarter. Aperio Group LLC now owns 816,650 shares of the healthcare conglomerate’s stock valued at $180,039,000 after buying an additional 27,207 shares during the period. Finally, Telemus Capital LLC grew its stake in shares of UnitedHealth Group by 1.0% in the 4th quarter. Telemus Capital LLC now owns 33,555 shares of the healthcare conglomerate’s stock valued at $7,398,000 after buying an additional 334 shares during the period. 86.79% of the stock is currently owned by institutional investors and hedge funds.

In other UnitedHealth Group news, Director Kenneth Irwin Shine sold 198 shares of UnitedHealth Group stock in a transaction on Friday, January 19th. The shares were sold at an average price of $242.55, for a total value of $48,024.90. Following the sale, the director now directly owns 1,790,567 shares in the company, valued at approximately $434,302,025.85. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director William C. Ballard, Jr. sold 10,000 shares of UnitedHealth Group stock in a transaction on Tuesday, January 23rd. The shares were sold at an average price of $246.38, for a total transaction of $2,463,800.00. Following the completion of the sale, the director now owns 76,637 shares in the company, valued at $18,881,824.06. The disclosure for this sale can be found here. Insiders have sold a total of 77,015 shares of company stock worth $17,879,199 over the last 90 days. Insiders own 0.89% of the company’s stock.

A number of research firms have issued reports on UNH. Zacks Investment Research upgraded UnitedHealth Group from a “hold” rating to a “buy” rating and set a $240.00 price target for the company in a research note on Tuesday. Cantor Fitzgerald reissued a “buy” rating and set a $280.00 target price on shares of UnitedHealth Group in a research report on Thursday, March 8th. Citigroup lifted their price target on shares of UnitedHealth Group from $235.00 to $268.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Oppenheimer lifted their price target on shares of UnitedHealth Group from $260.00 to $240.00 and gave the stock an “outperform” rating in a report on Wednesday, January 17th. Finally, Deutsche Bank boosted their target price on shares of UnitedHealth Group to $260.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. Two investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $244.06.

UNH stock traded down $5.11 on Friday, hitting $223.96. The company had a trading volume of 3,231,014 shares, compared to its average volume of 4,000,258. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.58. UnitedHealth Group has a 12-month low of $164.60 and a 12-month high of $250.79. The stock has a market capitalization of $221,391.59, a P/E ratio of 22.24, a P/E/G ratio of 1.33 and a beta of 0.77.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings results on Tuesday, January 16th. The healthcare conglomerate reported $2.59 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.50 by $0.09. The business had revenue of $52.06 billion for the quarter, compared to the consensus estimate of $51.57 billion. UnitedHealth Group had a net margin of 5.25% and a return on equity of 21.29%. The company’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period last year, the firm earned $2.11 earnings per share. equities analysts predict that UnitedHealth Group will post 12.51 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 20th. Stockholders of record on Friday, March 9th were given a dividend of $0.75 per share. The ex-dividend date of this dividend was Thursday, March 8th. This represents a $3.00 annualized dividend and a dividend yield of 1.34%. UnitedHealth Group’s payout ratio is 29.79%.

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UnitedHealth Group Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. 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 for preventive and acute health care services, as well as services dealing with chronic disease and other specialized issues for older individuals; and Medicaid plans, Children's Health Insurance Program, and health care programs; and health and dental benefits.

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

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