Nomura Holdings Inc. Purchases 54,567 Shares of UnitedHealth Group Inc (NYSE:UNH)

Nomura Holdings Inc. lifted its position in UnitedHealth Group Inc (NYSE:UNH) by 126.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 97,815 shares of the healthcare conglomerate’s stock after purchasing an additional 54,567 shares during the period. Nomura Holdings Inc.’s holdings in UnitedHealth Group were worth $23,696,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Coastal Capital Group Inc. purchased a new stake in UnitedHealth Group in the second quarter worth $45,000. Creative Financial Designs Inc. ADV lifted its stake in UnitedHealth Group by 89.6% in the first quarter. Creative Financial Designs Inc. ADV now owns 201 shares of the healthcare conglomerate’s stock worth $50,000 after acquiring an additional 95 shares during the period. Capital Advisors Ltd. LLC lifted its stake in UnitedHealth Group by 235.7% in the second quarter. Capital Advisors Ltd. LLC now owns 235 shares of the healthcare conglomerate’s stock worth $57,000 after acquiring an additional 165 shares during the period. Financial Gravity Wealth Inc. purchased a new stake in UnitedHealth Group in the first quarter worth $58,000. Finally, Next Capital Management LLC purchased a new stake in UnitedHealth Group in the second quarter worth $61,000. 85.66% of the stock is owned by institutional investors.

In related news, Director Richard T. Burke sold 2,500 shares of UnitedHealth Group stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $232.76, for a total value of $581,900.00. Following the completion of the sale, the director now directly owns 187,979 shares in the company, valued at approximately $43,753,992.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Richard T. Burke sold 5,000 shares of UnitedHealth Group stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $246.40, for a total value of $1,232,000.00. Following the completion of the sale, the director now owns 187,979 shares of the company’s stock, valued at $46,318,025.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,500 shares of company stock valued at $5,340,620. 0.87% of the stock is owned by insiders.



UNH has been the subject of a number of research analyst reports. ValuEngine lowered UnitedHealth Group from a “hold” rating to a “sell” rating in a research note on Thursday, September 5th. Cantor Fitzgerald set a $310.00 price target on UnitedHealth Group and gave the stock a “buy” rating in a research note on Friday, July 19th. Credit Suisse Group set a $293.00 price target on UnitedHealth Group and gave the stock a “buy” rating in a research note on Thursday, August 29th. Oppenheimer set a $312.00 price objective on UnitedHealth Group and gave the company a “buy” rating in a research report on Friday, July 19th. Finally, Morgan Stanley raised their price objective on UnitedHealth Group from $285.00 to $298.00 and gave the company an “overweight” rating in a research report on Friday, July 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seventeen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $291.61.

UnitedHealth Group stock traded down $0.74 on Friday, hitting $232.11. 231,873 shares of the stock traded hands, compared to its average volume of 3,729,569. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.62. The firm has a market cap of $220.35 billion, a P/E ratio of 18.07, a price-to-earnings-growth ratio of 1.24 and a beta of 0.62. The business’s fifty day simple moving average is $238.28 and its 200 day simple moving average is $242.80. UnitedHealth Group Inc has a 1 year low of $208.07 and a 1 year high of $287.94.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings data on Thursday, July 18th. The healthcare conglomerate reported $3.60 EPS for the quarter, beating the consensus estimate of $3.46 by $0.14. The business had revenue of $60.60 billion during the quarter, compared to analyst estimates of $60.59 billion. UnitedHealth Group had a return on equity of 25.20% and a net margin of 5.51%. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the firm posted $3.14 earnings per share. As a group, analysts predict that UnitedHealth Group Inc will post 14.84 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Monday, September 16th will be given a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend is Friday, September 13th. UnitedHealth Group’s dividend payout ratio is presently 33.54%.

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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