UnitedHealth Group Inc (UNH) is Westfield Capital Management Co. LP’s 4th Largest Position

Westfield Capital Management Co. LP increased its stake in UnitedHealth Group Inc (NYSE:UNH) by 23.1% in the 4th quarter, Holdings Channel reports. The firm owned 856,089 shares of the healthcare conglomerate’s stock after purchasing an additional 160,404 shares during the period. UnitedHealth Group accounts for approximately 1.8% of Westfield Capital Management Co. LP’s holdings, making the stock its 4th biggest position. Westfield Capital Management Co. LP’s holdings in UnitedHealth Group were worth $213,269,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Crewe Advisors LLC bought a new stake in UnitedHealth Group in the fourth quarter valued at $25,000. Pearl River Capital LLC bought a new stake in UnitedHealth Group in the fourth quarter valued at $35,000. Ipswich Investment Management Co. Inc. bought a new stake in UnitedHealth Group in the fourth quarter valued at $40,000. OLD Second National Bank of Aurora grew its position in UnitedHealth Group by 70.0% in the fourth quarter. OLD Second National Bank of Aurora now owns 170 shares of the healthcare conglomerate’s stock valued at $42,000 after acquiring an additional 70 shares during the period. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of UnitedHealth Group during the fourth quarter worth $42,000. Hedge funds and other institutional investors own 86.59% of the company’s stock.

NYSE UNH opened at $247.09 on Monday. The stock has a market cap of $237.09 billion, a PE ratio of 19.18, a price-to-earnings-growth ratio of 1.26 and a beta of 0.79. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. UnitedHealth Group Inc has a one year low of $212.49 and a one year high of $287.94.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings results on Tuesday, January 15th. The healthcare conglomerate reported $3.28 EPS for the quarter, topping the Zacks’ consensus estimate of $3.20 by $0.08. The company had revenue of $58.42 billion for the quarter, compared to analyst estimates of $58.01 billion. UnitedHealth Group had a return on equity of 24.38% and a net margin of 5.30%. UnitedHealth Group’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.59 earnings per share. Research analysts anticipate that UnitedHealth Group Inc will post 14.62 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Stockholders of record on Monday, March 11th were given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date was Friday, March 8th. UnitedHealth Group’s dividend payout ratio is currently 27.95%.

UNH has been the topic of several research analyst reports. Zacks Investment Research cut UnitedHealth Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 19th. Oppenheimer upped their price target on UnitedHealth Group from $300.00 to $305.00 and gave the company an “outperform” rating in a research note on Wednesday, January 16th. Argus upped their price target on UnitedHealth Group from $285.00 to $295.00 and gave the company a “buy” rating in a research note on Monday, December 17th. ValuEngine lowered UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 27th. Finally, BMO Capital Markets set a $310.00 price target on UnitedHealth Group and gave the company a “buy” rating in a research note on Tuesday, November 27th. Three equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $297.80.

In related news, Director Gail R. Wilensky sold 2,930 shares of the stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $253.39, for a total transaction of $742,432.70. Following the completion of the transaction, the director now directly owns 64,726 shares in the company, valued at $16,400,921.14. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director William C. Ballard, Jr. sold 5,000 shares of the stock in a transaction dated Tuesday, January 22nd. The stock was sold at an average price of $266.61, for a total value of $1,333,050.00. Following the transaction, the director now owns 77,702 shares of the company’s stock, valued at $20,716,130.22. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 32,930 shares of company stock worth $8,495,383. 0.87% of the stock is currently owned by insiders.

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UnitedHealth Group Company 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 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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