UnitedHealth Group Incorporated (NYSE:UNH) Stake Increased by MML Investors Services LLC

MML Investors Services LLC raised its stake in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 1.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 134,646 shares of the healthcare conglomerate's stock after purchasing an additional 1,545 shares during the period. MML Investors Services LLC's holdings in UnitedHealth Group were worth $68,112,000 as of its most recent SEC filing.

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Several other large investors have also modified their holdings of the stock. Meritage Group LP lifted its holdings in UnitedHealth Group by 902.5% during the 4th quarter. Meritage Group LP now owns 300,755 shares of the healthcare conglomerate's stock worth $152,140,000 after buying an additional 270,755 shares during the last quarter. MetLife Investment Management LLC lifted its stake in UnitedHealth Group by 1.4% during the fourth quarter. MetLife Investment Management LLC now owns 246,336 shares of the healthcare conglomerate's stock worth $124,612,000 after purchasing an additional 3,432 shares during the last quarter. Norinchukin Bank The increased its stake in UnitedHealth Group by 6.3% during the fourth quarter. Norinchukin Bank The now owns 52,375 shares of the healthcare conglomerate's stock valued at $26,494,000 after purchasing an additional 3,101 shares during the last quarter. Ossiam boosted its holdings in shares of UnitedHealth Group by 29,656.3% in the 4th quarter. Ossiam now owns 21,127 shares of the healthcare conglomerate's stock valued at $10,687,000 after buying an additional 21,056 shares during the period. Finally, Beck Mack & Oliver LLC grew its position in shares of UnitedHealth Group by 5.8% during the 4th quarter. Beck Mack & Oliver LLC now owns 2,121 shares of the healthcare conglomerate's stock valued at $1,073,000 after buying an additional 116 shares during the last quarter. Institutional investors own 87.86% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on UNH. Truist Financial upped their target price on UnitedHealth Group from $610.00 to $660.00 and gave the company a "buy" rating in a report on Friday, April 11th. StockNews.com raised UnitedHealth Group from a "hold" rating to a "buy" rating in a research report on Thursday, January 23rd. Wells Fargo & Company dropped their price objective on shares of UnitedHealth Group from $694.00 to $660.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. Mizuho upped their target price on shares of UnitedHealth Group from $600.00 to $650.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 9th. Finally, KeyCorp reiterated an "overweight" rating and set a $650.00 price objective on shares of UnitedHealth Group in a research report on Friday, January 17th. Twenty-one investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $632.85.

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Check Out Our Latest Stock Analysis on UNH

UnitedHealth Group Stock Performance

Shares of NYSE UNH opened at $456.10 on Friday. UnitedHealth Group Incorporated has a 52-week low of $438.50 and a 52-week high of $630.73. The stock has a market capitalization of $417.20 billion, a price-to-earnings ratio of 29.43, a PEG ratio of 1.37 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. The stock's fifty day simple moving average is $512.95 and its 200 day simple moving average is $540.29.

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UnitedHealth Group (NYSE:UNH - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The healthcare conglomerate reported $7.20 EPS for the quarter, missing analysts' consensus estimates of $7.29 by ($0.09). UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. The firm had revenue of $109.58 billion for the quarter, compared to analysts' expectations of $111.56 billion. During the same period in the prior year, the company posted $6.91 earnings per share. As a group, sell-side analysts forecast that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were issued a dividend of $2.10 per share. The ex-dividend date was Monday, March 10th. This represents a $8.40 dividend on an annualized basis and a dividend yield of 1.84%. UnitedHealth Group's dividend payout ratio is 54.19%.

UnitedHealth Group Profile

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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