UnitedHealth Group Incorporated (NYSE:UNH) Shares Acquired by Orser Capital Management LLC

Orser Capital Management LLC lifted its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 128.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,028 shares of the healthcare conglomerate’s stock after purchasing an additional 578 shares during the quarter. Orser Capital Management LLC’s holdings in UnitedHealth Group were worth $509,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in UNH. Paralel Advisors LLC raised its position in UnitedHealth Group by 1.1% in the third quarter. Paralel Advisors LLC now owns 4,047 shares of the healthcare conglomerate’s stock valued at $2,040,000 after purchasing an additional 44 shares during the period. Aigen Investment Management LP purchased a new position in UnitedHealth Group in the third quarter valued at about $278,000. Dark Forest Capital Management LP purchased a new position in UnitedHealth Group in the third quarter valued at about $1,095,000. Fuller & Thaler Asset Management Inc. raised its position in UnitedHealth Group by 7.3% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 1,479 shares of the healthcare conglomerate’s stock valued at $746,000 after purchasing an additional 100 shares during the period. Finally, Syntax Advisors LLC raised its position in UnitedHealth Group by 4.0% in the third quarter. Syntax Advisors LLC now owns 546 shares of the healthcare conglomerate’s stock valued at $275,000 after purchasing an additional 21 shares during the period. Institutional investors and hedge funds own 87.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on UNH. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $591.00 target price on shares of UnitedHealth Group in a research report on Wednesday, June 12th. HSBC raised UnitedHealth Group from a “hold” rating to a “buy” rating and set a $580.00 target price on the stock in a research report on Wednesday, June 5th. Baird R W raised UnitedHealth Group to a “strong-buy” rating in a report on Thursday, May 30th. JPMorgan Chase & Co. boosted their price objective on UnitedHealth Group from $546.00 to $559.00 and gave the company an “overweight” rating in a report on Thursday, May 30th. Finally, Morgan Stanley lowered their price objective on UnitedHealth Group from $618.00 to $584.00 and set an “overweight” rating for the company in a report on Friday, April 5th. Three investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $579.74.

UnitedHealth Group Price Performance

Shares of NYSE:UNH opened at $484.57 on Monday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.69. UnitedHealth Group Incorporated has a 12-month low of $436.38 and a 12-month high of $554.70. The company’s fifty day moving average is $497.01 and its two-hundred day moving average is $503.62. The company has a market cap of $445.99 billion, a P/E ratio of 29.50, a price-to-earnings-growth ratio of 1.41 and a beta of 0.58.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings results on Tuesday, April 16th. The healthcare conglomerate reported $6.91 earnings per share (EPS) 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 analysts’ expectations of $99.23 billion. During the same period in the prior year, the company earned $6.26 earnings per share. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. Equities analysts expect that UnitedHealth Group Incorporated will post 27.57 earnings per share for the current fiscal year.

UnitedHealth Group Increases Dividend

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

UnitedHealth Group Company 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.