UnitedHealth Group Incorporated (UNH) Receives Average Recommendation of “Buy” from Analysts

Shares of UnitedHealth Group Incorporated (NYSE:UNH) have been assigned an average rating of “Buy” from the twenty-seven ratings firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and twenty-four have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $215.83.

A number of analysts have recently weighed in on the company. Sanford C. Bernstein reiterated an “outperform” rating and set a $210.00 target price (up from $190.00) on shares of UnitedHealth Group in a research report on Saturday, July 22nd. Jefferies Group LLC reiterated a “buy” rating and set a $215.00 target price on shares of UnitedHealth Group in a research report on Friday, August 18th. Cowen and Company reiterated an “outperform” rating and set a $220.00 target price (up from $175.00) on shares of UnitedHealth Group in a research report on Friday, August 11th. Zacks Investment Research upgraded UnitedHealth Group from a “hold” rating to a “buy” rating and set a $215.00 target price for the company in a research report on Tuesday, August 1st. Finally, BMO Capital Markets assumed coverage on UnitedHealth Group in a research report on Monday, October 16th. They set an “outperform” rating and a $250.00 target price for the company.

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In other news, Director Kenneth Irwin Shine sold 457 shares of the stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $211.03, for a total value of $96,440.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gail R. Wilensky sold 5,600 shares of the stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $199.49, for a total value of $1,117,144.00. Following the completion of the sale, the director now directly owns 60,834 shares of the company’s stock, valued at approximately $12,135,774.66. The disclosure for this sale can be found here. In the last three months, insiders sold 72,606 shares of company stock valued at $14,308,783. Insiders own 0.89% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. Regal Wealth Group Inc. increased its stake in shares of UnitedHealth Group by 0.4% in the second quarter. Regal Wealth Group Inc. now owns 746 shares of the healthcare conglomerate’s stock valued at $138,000 after buying an additional 3 shares during the period. Jackson Grant Investment Advisers Inc. increased its stake in shares of UnitedHealth Group by 0.4% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 1,101 shares of the healthcare conglomerate’s stock valued at $204,000 after buying an additional 4 shares during the period. RB Capital Management LLC increased its stake in shares of UnitedHealth Group by 0.4% in the second quarter. RB Capital Management LLC now owns 1,732 shares of the healthcare conglomerate’s stock valued at $321,000 after buying an additional 7 shares during the period. Altfest L J & Co. Inc. increased its stake in shares of UnitedHealth Group by 0.3% in the second quarter. Altfest L J & Co. Inc. now owns 2,963 shares of the healthcare conglomerate’s stock valued at $549,000 after buying an additional 10 shares during the period. Finally, Parkside Financial Bank & Trust increased its stake in shares of UnitedHealth Group by 1.4% in the first quarter. Parkside Financial Bank & Trust now owns 854 shares of the healthcare conglomerate’s stock valued at $140,000 after buying an additional 12 shares during the period. 86.00% of the stock is owned by institutional investors.

UnitedHealth Group (NYSE UNH) traded down $1.23 on Friday, reaching $209.90. The company had a trading volume of 1,881,773 shares, compared to its average volume of 2,683,520. The company has a market cap of $203,407.36, a P/E ratio of 21.86, a PEG ratio of 1.56 and a beta of 0.64. UnitedHealth Group has a twelve month low of $148.56 and a twelve month high of $213.93. 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, beating analysts’ consensus estimates of $2.57 by $0.09. The firm had revenue of $50.32 billion during the quarter, compared to the consensus estimate of $50.38 billion. UnitedHealth Group had a return on equity of 21.52% and a net margin of 4.50%. The company’s revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.17 EPS. sell-side analysts predict that UnitedHealth Group will post 9.99 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Friday, December 1st will be paid a $0.75 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $3.00 annualized dividend and a dividend yield of 1.43%. UnitedHealth Group’s payout ratio is 33.26%.

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.

Analyst Recommendations for UnitedHealth Group (NYSE:UNH)

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