2 weeks Ago By Defense World Staff
B. Riley Wealth Advisors Inc. decreased its holdings in shares of UnitedHealth Group Incorporated ( NYSE:UNH – Free Report ) by 24.
0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,340 shares of the healthcare conglomerate’s stock after selling 13,355 shares during the quarter. UnitedHealth Group comprises about 0.
5% of B. Riley Wealth Advisors Inc.’s investment portfolio, making the stock its 26th biggest position.
B. Riley Wealth Advisors Inc.’s holdings in UnitedHealth Group were worth $21,562,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in UNH. Vanguard Group Inc. boosted its holdings in UnitedHealth Group by 0.
6% in the first quarter. Vanguard Group Inc. now owns 84,405,255 shares of the healthcare conglomerate’s stock valued at $41,755,280,000 after acquiring an additional 544,740 shares during the last quarter.
Price T Rowe Associates Inc. MD boosted its holdings in UnitedHealth Group by 0.4% in the first quarter.
Price T Rowe Associates Inc. MD now owns 26,062,928 shares of the healthcare conglomerate’s stock valued at $12,893,331,000 after acquiring an additional 94,641 shares during the last quarter. Capital Research Global Investors boosted its holdings in UnitedHealth Group by 2.
2% in the fourth quarter. Capital Research Global Investors now owns 15,122,203 shares of the healthcare conglomerate’s stock valued at $7,961,369,000 after acquiring an additional 324,733 shares during the last quarter. Capital International Investors boosted its holdings in UnitedHealth Group by 4.
8% in the fourth quarter. Capital International Investors now owns 11,860,985 shares of the healthcare conglomerate’s stock valued at $6,244,158,000 after acquiring an additional 542,424 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in UnitedHealth Group by 0.
4% in the second quarter. Bank of New York Mellon Corp now owns 8,039,601 shares of the healthcare conglomerate’s stock valued at $4,094,247,000 after purchasing an additional 35,533 shares during the period. Institutional investors and hedge funds own 87.
86% of the company’s stock. Insider Transactions at UnitedHealth Group In other news, CAO Thomas E. Roos sold 2,851 shares of the business’s stock in a transaction that occurred on Wednesday, July 17th.
The stock was sold at an average price of $569.88, for a total transaction of $1,624,727.88.
Following the completion of the transaction, the chief accounting officer now directly owns 29,501 shares in the company, valued at $16,812,029.88. The sale was disclosed in a legal filing with the SEC, which is accessible through this link .
In related news, EVP Erin Mcsweeney sold 1,500 shares of the stock in a transaction that occurred 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 completion of the sale, the executive vice president now directly owns 7,785 shares of the company’s stock, valued at $4,507,748.55.
The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Also, CAO Thomas E. Roos sold 2,851 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $16,812,029.88. The disclosure for this sale can be found here .
Insiders own 0.33% of the company’s stock. Analysts Set New Price Targets Check Out Our Latest Research Report on UnitedHealth Group UnitedHealth Group Stock Performance Shares of UNH stock opened at $581.
85 on Monday. The company has a quick ratio of 0.88, a current ratio of 0.
88 and a debt-to-equity ratio of 0.67. The business has a 50 day moving average of $579.
40 and a two-hundred day moving average of $524.39. UnitedHealth Group Incorporated has a 52 week low of $436.
38 and a 52 week high of $607.94. The company has a market cap of $537.
29 billion, a P/E ratio of 35.57, a PEG ratio of 1.60 and a beta of 0.
58. UnitedHealth Group ( NYSE:UNH – Get Free Report ) last issued its earnings results on Tuesday, July 16th. The healthcare conglomerate reported $6.
80 EPS for the quarter, beating analysts’ consensus estimates of $6.66 by $0.14.
The company 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%.
UnitedHealth Group’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.
14 earnings per share. As a group, analysts anticipate that UnitedHealth Group Incorporated will post 27.69 EPS for the current year.
UnitedHealth Group Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Monday, September 16th were given a dividend of $2.10 per share.
The ex-dividend date was Monday, September 16th. This represents a $8.40 annualized dividend and a dividend yield of 1.
44%. UnitedHealth Group’s dividend payout ratio is presently 51.34%.
UnitedHealth Group Company Profile ( 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.
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