1,784 Shares in UnitedHealth Group Incorporated (NYSE:UNH) Acquired by Decker Retirement Planning Inc.

Decker Retirement Planning Inc. acquired a new position in UnitedHealth Group Incorporated (NYSE:UNH) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,784 shares of the healthcare conglomerate’s stock, valued at approximately $902,000.

Several other large investors have also recently bought and sold shares of the stock. Occidental Asset Management LLC raised its holdings in UnitedHealth Group by 8.2% during the fourth quarter. Occidental Asset Management LLC now owns 7,571 shares of the healthcare conglomerate’s stock worth $3,830,000 after purchasing an additional 574 shares in the last quarter. Empirical Asset Management LLC boosted its stake in UnitedHealth Group by 16.9% during the fourth quarter. Empirical Asset Management LLC now owns 21,856 shares of the healthcare conglomerate’s stock valued at $11,056,000 after buying an additional 3,157 shares in the last quarter. Cvfg LLC bought a new stake in UnitedHealth Group in the fourth quarter worth about $233,000. Constitution Capital LLC boosted its stake in shares of UnitedHealth Group by 0.9% during the 4th quarter. Constitution Capital LLC now owns 8,737 shares of the healthcare conglomerate’s stock worth $4,420,000 after acquiring an additional 75 shares in the last quarter. Finally, Central Valley Advisors LLC boosted its position in shares of UnitedHealth Group by 6.3% in the 4th quarter. Central Valley Advisors LLC now owns 3,736 shares of the healthcare conglomerate’s stock valued at $1,889,000 after purchasing an additional 222 shares during the period. Institutional investors and hedge funds own 87.86% of the company’s stock.

Analyst Upgrades and Downgrades

UNH has been the topic of a number of recent research reports. StockNews.com downgraded UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Wednesday. Piper Sandler dropped their price target on shares of UnitedHealth Group from $605.00 to $600.00 and set an “overweight” rating on the stock in a research note on Thursday, January 2nd. Oppenheimer raised their price target on UnitedHealth Group from $610.00 to $640.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Truist Financial decreased their target price on UnitedHealth Group from $625.00 to $610.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Finally, Stephens upped their price target on UnitedHealth Group from $605.00 to $675.00 and gave the stock an “overweight” rating in a report on Thursday, December 5th. Two investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $626.79.

UnitedHealth Group Price Performance

UnitedHealth Group stock opened at $511.02 on Friday. The business has a 50 day simple moving average of $553.38 and a 200 day simple moving average of $562.98. UnitedHealth Group Incorporated has a one year low of $436.38 and a one year high of $630.73. The company has a market capitalization of $470.28 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 1.42 and a beta of 0.62. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.91 and a quick ratio of 0.91.

UnitedHealth Group (NYSE:UNH) last posted its earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.07. The business had revenue of $100.81 billion for the quarter, compared to analyst estimates of $101.60 billion. UnitedHealth Group had a net margin of 3.63% and a return on equity of 26.37%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.83 EPS. On average, sell-side analysts forecast that UnitedHealth Group Incorporated will post 27.6 EPS for the current fiscal year.

UnitedHealth Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Monday, December 9th were given a $2.10 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $8.40 annualized dividend and a yield of 1.64%. UnitedHealth Group’s payout ratio is 54.72%.

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.