Compton Wealth Advisory Group LLC Increases Stake in UnitedHealth Group Incorporated (NYSE:UNH)

Compton Wealth Advisory Group LLC raised its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 8.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,078 shares of the healthcare conglomerate’s stock after buying an additional 704 shares during the period. UnitedHealth Group comprises 1.2% of Compton Wealth Advisory Group LLC’s portfolio, making the stock its 18th largest holding. Compton Wealth Advisory Group LLC’s holdings in UnitedHealth Group were worth $4,491,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. RDA Financial Network increased its holdings in UnitedHealth Group by 10.1% during the first quarter. RDA Financial Network now owns 8,503 shares of the healthcare conglomerate’s stock valued at $4,206,000 after buying an additional 778 shares during the last quarter. Orser Capital Management LLC boosted its position in shares of UnitedHealth Group by 128.4% in the first quarter. Orser Capital Management LLC now owns 1,028 shares of the healthcare conglomerate’s stock worth $509,000 after purchasing an additional 578 shares during the period. Cooper Financial Group boosted its position in shares of UnitedHealth Group by 8.0% in the first quarter. Cooper Financial Group now owns 2,239 shares of the healthcare conglomerate’s stock worth $1,108,000 after purchasing an additional 165 shares during the period. Salem Investment Counselors Inc. boosted its position in shares of UnitedHealth Group by 7.8% in the first quarter. Salem Investment Counselors Inc. now owns 38,702 shares of the healthcare conglomerate’s stock worth $19,146,000 after purchasing an additional 2,796 shares during the period. Finally, Unique Wealth LLC boosted its position in shares of UnitedHealth Group by 30.8% in the first quarter. Unique Wealth LLC now owns 2,869 shares of the healthcare conglomerate’s stock worth $1,427,000 after purchasing an additional 676 shares during the period. 87.86% of the stock is owned by hedge funds and other institutional investors.

UnitedHealth Group Trading Up 0.9 %

Shares of UNH opened at $486.80 on Monday. The company has a market cap of $448.05 billion, a P/E ratio of 29.50, a P/E/G ratio of 1.41 and a beta of 0.58. UnitedHealth Group Incorporated has a twelve month low of $436.38 and a twelve month high of $554.70. The company’s fifty day simple moving average is $497.01 and its 200-day simple moving average is $503.62. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.69.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings data on Tuesday, April 16th. The healthcare conglomerate reported $6.91 earnings per share for the quarter, beating analysts’ consensus estimates of $6.63 by $0.28. UnitedHealth Group had a net margin of 4.05% and a return on equity of 26.50%. The company had revenue of $99.80 billion during the quarter, compared to analyst estimates of $99.23 billion. During the same quarter last year, the business posted $6.26 EPS. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. As a group, analysts expect that UnitedHealth Group Incorporated will post 27.57 EPS for the current year.

UnitedHealth Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 25th. Investors of record on Monday, June 17th will be issued a dividend of $2.10 per share. This is a positive change from UnitedHealth Group’s previous quarterly dividend of $1.88. The ex-dividend date is Monday, June 17th. This represents a $8.40 dividend on an annualized basis and a yield of 1.73%. UnitedHealth Group’s dividend payout ratio (DPR) is presently 51.34%.

Analyst Ratings Changes

A number of research firms have weighed in on UNH. Deutsche Bank Aktiengesellschaft upped their price target on shares of UnitedHealth Group from $545.00 to $562.00 and gave the stock a “buy” rating in a research report on Friday, April 19th. Truist Financial restated a “buy” rating and set a $600.00 target price on shares of UnitedHealth Group in a research report on Wednesday, April 17th. Barclays upped their target price on shares of UnitedHealth Group from $534.00 to $560.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 17th. TD Cowen dropped their target price on shares of UnitedHealth Group from $607.00 to $546.00 and set a “buy” rating for the company in a research report on Wednesday, April 10th. Finally, Piper Sandler upped their target price on shares of UnitedHealth Group from $566.00 to $571.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 17th. Three research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $579.74.

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.