Twin Capital Management Inc. Has $30.17 Million Stake in UnitedHealth Group Inc (UNH)

Twin Capital Management Inc. grew its position in UnitedHealth Group Inc (NYSE:UNH) by 4.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 113,411 shares of the healthcare conglomerate’s stock after purchasing an additional 5,341 shares during the period. UnitedHealth Group makes up approximately 1.4% of Twin Capital Management Inc.’s investment portfolio, making the stock its 8th largest holding. Twin Capital Management Inc.’s holdings in UnitedHealth Group were worth $30,172,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of UNH. WoodTrust Financial Corp increased its position in shares of UnitedHealth Group by 2.5% in the third quarter. WoodTrust Financial Corp now owns 7,823 shares of the healthcare conglomerate’s stock valued at $2,081,000 after acquiring an additional 189 shares during the last quarter. Advisors Capital Management LLC increased its position in UnitedHealth Group by 15.2% during the third quarter. Advisors Capital Management LLC now owns 1,437 shares of the healthcare conglomerate’s stock worth $382,000 after buying an additional 190 shares during the last quarter. Chicago Partners Investment Group LLC increased its position in UnitedHealth Group by 26.5% during the second quarter. Chicago Partners Investment Group LLC now owns 920 shares of the healthcare conglomerate’s stock worth $226,000 after buying an additional 193 shares during the last quarter. Highland Capital Management LLC increased its position in UnitedHealth Group by 0.5% during the third quarter. Highland Capital Management LLC now owns 36,128 shares of the healthcare conglomerate’s stock worth $9,612,000 after buying an additional 194 shares during the last quarter. Finally, OLD Mutual Customised Solutions Proprietary Ltd. increased its position in UnitedHealth Group by 1.2% during the second quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 17,096 shares of the healthcare conglomerate’s stock worth $4,194,000 after buying an additional 200 shares during the last quarter. Institutional investors own 85.45% of the company’s stock.

In other news, Director Kenneth Irwin Shine sold 163 shares of the company’s stock in a transaction that occurred on Friday, November 9th. The stock was sold at an average price of $274.83, for a total value of $44,797.29. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Steven H. Nelson sold 26,033 shares of the company’s stock in a transaction that occurred on Friday, September 7th. The shares were sold at an average price of $270.65, for a total value of $7,045,831.45. The disclosure for this sale can be found here. Insiders sold 54,338 shares of company stock worth $14,516,459 in the last ninety days. 0.87% of the stock is owned by company insiders.

UnitedHealth Group stock opened at $261.62 on Friday. UnitedHealth Group Inc has a 12 month low of $208.48 and a 12 month high of $278.00. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.69 and a current ratio of 0.69. The company has a market capitalization of $251.69 billion, a PE ratio of 21.48, a PEG ratio of 1.51 and a beta of 0.78.

UnitedHealth Group (NYSE:UNH) last posted its earnings results on Tuesday, October 16th. The healthcare conglomerate reported $3.41 EPS for the quarter, beating the consensus estimate of $3.30 by $0.11. UnitedHealth Group had a return on equity of 23.62% and a net margin of 5.71%. The company had revenue of $56.56 billion for the quarter, compared to the consensus estimate of $56.34 billion. During the same quarter in the prior year, the business earned $2.66 earnings per share. The firm’s revenue for the quarter was up 12.4% on a year-over-year basis. On average, analysts anticipate that UnitedHealth Group Inc will post 12.81 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 13th. Stockholders of record on Monday, December 3rd will be given a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Friday, November 30th. UnitedHealth Group’s payout ratio is 35.75%.

A number of brokerages have weighed in on UNH. Cantor Fitzgerald reissued a “buy” rating and set a $310.00 price target on shares of UnitedHealth Group in a research report on Wednesday. Zacks Investment Research downgraded UnitedHealth Group from a “buy” rating to a “hold” rating in a research report on Wednesday. BMO Capital Markets boosted their price target on UnitedHealth Group to $310.00 and gave the stock an “outperform” rating in a research report on Thursday, October 18th. Argus boosted their price target on UnitedHealth Group to $285.00 and gave the stock a “buy” rating in a research report on Thursday, October 18th. Finally, Oppenheimer boosted their price target on UnitedHealth Group from $276.00 to $295.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 17th. Two analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the company. UnitedHealth Group presently has a consensus rating of “Buy” and a consensus price target of $289.86.

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UnitedHealth Group Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. 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 for preventive and acute health care services, as well as services dealing with chronic disease and other specialized issues for older individuals; and Medicaid plans, Children's Health Insurance Program, and health care programs; and health and dental benefits.

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Institutional Ownership by Quarter for UnitedHealth Group (NYSE:UNH)

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