Seaview Investment Managers LLC Purchases 331 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Seaview Investment Managers LLC increased its position in UnitedHealth Group Incorporated (NYSE:UNH) by 1.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 17,727 shares of the healthcare conglomerate’s stock after buying an additional 331 shares during the period. UnitedHealth Group comprises approximately 2.5% of Seaview Investment Managers LLC’s holdings, making the stock its 26th largest position. Seaview Investment Managers LLC’s holdings in UnitedHealth Group were worth $8,967,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. NewSquare Capital LLC purchased a new position in UnitedHealth Group in the 4th quarter worth approximately $25,000. Hurley Capital LLC purchased a new position in shares of UnitedHealth Group in the fourth quarter worth $28,000. Aster Capital Management DIFC Ltd purchased a new position in UnitedHealth Group during the fourth quarter valued at $30,000. AlphaMark Advisors LLC purchased a new stake in UnitedHealth Group in the 4th quarter worth $30,000. Finally, Promus Capital LLC purchased a new position in shares of UnitedHealth Group during the fourth quarter valued at about $32,000. 87.86% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Erste Group Bank upgraded UnitedHealth Group to a “strong-buy” rating in a research report on Wednesday. KeyCorp restated an “overweight” rating and issued a $650.00 target price on shares of UnitedHealth Group in a report on Friday, January 17th. HSBC upgraded UnitedHealth Group from a “hold” rating to a “buy” rating and set a $595.00 price target for the company in a research report on Friday, January 10th. Truist Financial raised their price objective on UnitedHealth Group from $610.00 to $660.00 and gave the company a “buy” rating in a research note on Friday, April 11th. Finally, Mizuho increased their price target on UnitedHealth Group from $600.00 to $650.00 and gave the company an “outperform” rating in a report on Wednesday, April 9th. Twenty-one equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, UnitedHealth Group has an average rating of “Buy” and an average price target of $632.85.

UnitedHealth Group Trading Down 22.0 %

Shares of UnitedHealth Group stock opened at $456.10 on Friday. UnitedHealth Group Incorporated has a 1 year low of $438.50 and a 1 year high of $630.73. The company has a market capitalization of $417.20 billion, a P/E ratio of 29.43, a PEG ratio of 1.37 and a beta of 0.61. The company’s fifty day moving average is $512.95 and its two-hundred day moving average is $540.29. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.83.

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

UnitedHealth Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were paid 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 dividend yield of 1.84%. UnitedHealth Group’s dividend payout ratio (DPR) is 54.19%.

UnitedHealth Group Company 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.