12 hours Ago By Defense World Staff
Seven Eight Capital LP cut its position in UnitedHealth Group Incorporated ( NYSE:UNH – Free Report ) by 29.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,487 shares of the healthcare conglomerate’s stock after selling 1,483 shares during the quarter.
Seven Eight Capital LP’s holdings in UnitedHealth Group were worth $1,776,000 as of its most recent SEC filing. Several other large investors have also made changes to their positions in the company. Macroview Investment Management LLC grew its stake in shares of UnitedHealth Group by 671.
4% during the second quarter. Macroview Investment Management LLC now owns 54 shares of the healthcare conglomerate’s stock worth $28,000 after buying an additional 47 shares during the last quarter. Delos Wealth Advisors LLC increased its holdings in UnitedHealth Group by 757.
1% in the 1st quarter. Delos Wealth Advisors LLC now owns 60 shares of the healthcare conglomerate’s stock worth $30,000 after purchasing an additional 53 shares in the last quarter. True Wealth Design LLC acquired a new stake in shares of UnitedHealth Group during the fourth quarter valued at about $31,000.
Bbjs Financial Advisors LLC acquired a new position in shares of UnitedHealth Group in the second quarter valued at approximately $31,000. Finally, Signature Resources Capital Management LLC boosted its position in UnitedHealth Group by 40.0% during the 2nd quarter.
Signature Resources Capital Management LLC now owns 63 shares of the healthcare conglomerate’s stock worth $32,000 after buying an additional 18 shares during the period. Institutional investors and hedge funds own 87.86% of the company’s stock.
Insider Activity at UnitedHealth Group In related news, CAO Thomas E. Roos sold 2,851 shares of the stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $569.
88, for a total value of $1,624,727.88. Following the completion of the transaction, the chief accounting officer now directly owns 29,501 shares of the company’s stock, valued at $16,812,029.
88. The transaction was disclosed in a legal filing with the SEC, which is available through this link . In other news, EVP Erin Mcsweeney sold 1,500 shares of the business’s stock in a transaction on Thursday, July 18th.
The shares were sold at an average price of $579.03, for a total transaction of $868,545.00.
Following the sale, the executive vice president now owns 7,785 shares in the company, valued at approximately $4,507,748.55. The sale was disclosed in a document filed with the SEC, which is accessible through this link .
Also, CAO Thomas E. Roos sold 2,851 shares of UnitedHealth Group stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $569.
88, for a total transaction of $1,624,727.88. Following the transaction, the chief accounting officer now directly owns 29,501 shares of the company’s stock, valued at $16,812,029.
88. The disclosure for this sale can be found here . 0.
33% of the stock is currently owned by company insiders. Wall Street Analyst Weigh In Read Our Latest Stock Analysis on UNH UnitedHealth Group Stock Performance NYSE UNH opened at $580.32 on Thursday.
The company has a fifty day moving average of $574.38 and a 200-day moving average of $519.42.
UnitedHealth Group Incorporated has a 52-week low of $436.38 and a 52-week high of $607.94.
The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.88 and a current ratio of 0.
88. The company has a market capitalization of $535.88 billion, a P/E ratio of 35.
47, a P/E/G ratio of 1.64 and a beta of 0.58.
UnitedHealth Group ( NYSE:UNH – Get Free Report ) last announced its quarterly earnings data on Tuesday, July 16th. The healthcare conglomerate reported $6.80 earnings per share for the quarter, beating the consensus estimate of $6.
66 by $0.14. The firm had revenue of $98.
86 billion during the quarter, compared to the consensus estimate of $98.73 billion. UnitedHealth Group had a return on equity of 26.
55% and a net margin of 3.66%. The business’s revenue was up 6.
4% on a year-over-year basis. During the same quarter in the previous year, the company posted $6.14 earnings per share.
As a group, equities research analysts predict that UnitedHealth Group Incorporated will post 27.69 EPS for the current fiscal year. UnitedHealth Group Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 24th.
Stockholders of record on Monday, September 16th will be given a $2.10 dividend. The ex-dividend date of this dividend is Monday, September 16th.
This represents a $8.40 dividend on an annualized basis and a dividend yield of 1.45%.
UnitedHealth Group’s dividend payout ratio is currently 51.34%. About UnitedHealth Group ( Free Report ) 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. Featured Articles Five stocks we like better than UnitedHealth Group What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story How Much Can You Make in Stocks in One Month? How to Invest in the Best Canadian Stocks This Is the Top Large-Cap Stock Insiders Are Buying How to Know if a Stock Pays Dividends and When They Are Paid Out Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside Receive News & Ratings for UnitedHealth Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UnitedHealth Group and related companies with MarketBeat.
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