CSM Advisors LLC Acquires 179 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

CSM Advisors LLC grew its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 31.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 751 shares of the healthcare conglomerate’s stock after buying an additional 179 shares during the period. CSM Advisors LLC’s holdings in UnitedHealth Group were worth $379,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of UNH. NewSquare Capital LLC acquired a new position in shares of UnitedHealth Group during the fourth quarter valued at about $25,000. Hurley Capital LLC bought a new position in UnitedHealth Group in the fourth quarter worth approximately $28,000. Aster Capital Management DIFC Ltd bought a new stake in shares of UnitedHealth Group during the fourth quarter valued at approximately $30,000. AlphaMark Advisors LLC bought a new position in shares of UnitedHealth Group in the 4th quarter worth $30,000. Finally, Promus Capital LLC bought a new stake in UnitedHealth Group during the 4th quarter valued at $32,000. Institutional investors own 87.86% of the company’s stock.

UnitedHealth Group Price Performance

UNH stock opened at $427.10 on Wednesday. The firm has a 50 day moving average of $508.83 and a 200-day moving average of $537.99. The company has a current ratio of 0.83, a quick ratio of 0.91 and a debt-to-equity ratio of 0.74. UnitedHealth Group Incorporated has a 12 month low of $417.12 and a 12 month high of $630.73. The firm has a market capitalization of $390.67 billion, a P/E ratio of 27.55, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61.

UnitedHealth Group (NYSE:UNH) last announced its earnings results on Thursday, April 17th. The healthcare conglomerate reported $7.20 earnings per share for the quarter, missing analysts’ consensus estimates of $7.29 by ($0.09). UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The business had revenue of $109.58 billion during the quarter, compared to the consensus estimate of $111.56 billion. During the same quarter in the prior year, the company earned $6.91 earnings per share. As a group, sell-side analysts predict that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were given a $2.10 dividend. The ex-dividend date was Monday, March 10th. This represents a $8.40 annualized dividend and a yield of 1.97%. UnitedHealth Group’s dividend payout ratio (DPR) is presently 35.18%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on UNH. Piper Sandler reduced their price objective on shares of UnitedHealth Group from $605.00 to $600.00 and set an “overweight” rating for the company in a report on Thursday, January 2nd. Wells Fargo & Company cut their target price on UnitedHealth Group from $694.00 to $660.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Argus cut UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Monday. HSBC reissued a “hold” rating and set a $490.00 price target on shares of UnitedHealth Group in a research report on Tuesday. Finally, Barclays decreased their price objective on shares of UnitedHealth Group from $642.00 to $560.00 and set an “overweight” rating for the company in a research note on Monday. Three research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $608.00.

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.