One Wealth Capital Management LLC Invests $584,000 in UnitedHealth Group Incorporated (NYSE:UNH)

One Wealth Capital Management LLC purchased a new stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 1,155 shares of the healthcare conglomerate’s stock, valued at approximately $584,000.

Several other hedge funds have also recently modified their holdings of the business. Chris Bulman Inc bought a new stake in shares of UnitedHealth Group in the 2nd quarter valued at about $82,000. Acadian Asset Management LLC lifted its stake in shares of UnitedHealth Group by 17.5% during the second quarter. Acadian Asset Management LLC now owns 81,483 shares of the healthcare conglomerate’s stock worth $41,490,000 after buying an additional 12,145 shares during the period. Stonekeep Investments LLC purchased a new position in shares of UnitedHealth Group in the second quarter worth about $436,000. Fairbanks Capital Management Inc. increased its stake in shares of UnitedHealth Group by 2.4% in the second quarter. Fairbanks Capital Management Inc. now owns 7,061 shares of the healthcare conglomerate’s stock worth $3,596,000 after acquiring an additional 165 shares during the period. Finally, HCR Wealth Advisors boosted its holdings in UnitedHealth Group by 4.0% in the second quarter. HCR Wealth Advisors now owns 2,204 shares of the healthcare conglomerate’s stock valued at $1,122,000 after purchasing an additional 84 shares during the last quarter. Hedge funds and other institutional investors own 87.86% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on UNH. Barclays raised their target price on UnitedHealth Group from $603.00 to $655.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Hsbc Global Res lowered shares of UnitedHealth Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 17th. Oppenheimer increased their price target on UnitedHealth Group from $610.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. KeyCorp began coverage on shares of UnitedHealth Group in a research report on Friday, October 11th. They set an “overweight” rating and a $675.00 price target for the company. Finally, HSBC downgraded UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $627.58.

UnitedHealth Group Trading Up 0.0 %

NYSE UNH traded up $0.17 on Tuesday, reaching $513.84. The stock had a trading volume of 2,697,353 shares, compared to its average volume of 3,533,434. The firm has a market capitalization of $472.88 billion, a price-to-earnings ratio of 33.47, a P/E/G ratio of 1.53 and a beta of 0.62. UnitedHealth Group Incorporated has a 12-month low of $436.38 and a 12-month high of $630.73. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.74. The stock has a fifty day moving average price of $558.76 and a two-hundred day moving average price of $561.51.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings data on Tuesday, October 15th. The healthcare conglomerate reported $7.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.00 by $0.15. The business had revenue of $100.82 billion for the quarter, compared to analysts’ expectations of $99.14 billion. UnitedHealth Group had a return on equity of 26.37% and a net margin of 3.63%. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period last year, the firm earned $6.56 earnings per share. As a group, sell-side analysts forecast that UnitedHealth Group Incorporated will post 27.61 EPS for the current fiscal year.

UnitedHealth Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Monday, December 9th were paid a dividend of $2.10 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $8.40 dividend on an annualized basis and a dividend yield of 1.63%. UnitedHealth Group’s payout ratio is currently 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.