ICW Investment Advisors LLC Acquires 455 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

ICW Investment Advisors LLC boosted its holdings in UnitedHealth Group Incorporated (NYSE:UNH) by 18.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,868 shares of the healthcare conglomerate’s stock after acquiring an additional 455 shares during the quarter. ICW Investment Advisors LLC’s holdings in UnitedHealth Group were worth $1,451,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in UNH. Jackson Thornton Wealth Management LLC increased its stake in UnitedHealth Group by 28.0% in the 4th quarter. Jackson Thornton Wealth Management LLC now owns 507 shares of the healthcare conglomerate’s stock valued at $256,000 after buying an additional 111 shares during the last quarter. United Services Automobile Association increased its stake in UnitedHealth Group by 5.1% in the 4th quarter. United Services Automobile Association now owns 71,940 shares of the healthcare conglomerate’s stock valued at $36,392,000 after buying an additional 3,513 shares during the last quarter. Twin City Private Wealth LLC increased its stake in UnitedHealth Group by 2.0% in the 4th quarter. Twin City Private Wealth LLC now owns 1,293 shares of the healthcare conglomerate’s stock valued at $654,000 after buying an additional 25 shares during the last quarter. Napatree Capital LLC increased its stake in UnitedHealth Group by 16.5% in the 4th quarter. Napatree Capital LLC now owns 629 shares of the healthcare conglomerate’s stock valued at $318,000 after buying an additional 89 shares during the last quarter. Finally, Meridian Wealth Advisors LLC increased its stake in shares of UnitedHealth Group by 0.9% during the 4th quarter. Meridian Wealth Advisors LLC now owns 13,193 shares of the healthcare conglomerate’s stock worth $6,674,000 after purchasing an additional 115 shares during the last quarter. Institutional investors own 87.86% of the company’s stock.

Insider Activity at UnitedHealth Group

In other news, Director Timothy Patrick Flynn purchased 1,000 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was bought at an average cost of $511.57 per share, for a total transaction of $511,570.00. Following the acquisition, the director now directly owns 4,500 shares of the company’s stock, valued at $2,302,065. This represents a 28.57 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.33% of the stock is currently owned by company insiders.

UnitedHealth Group Stock Performance

NYSE UNH opened at $517.72 on Monday. UnitedHealth Group Incorporated has a 52-week low of $436.38 and a 52-week high of $630.73. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.83. The company has a market capitalization of $473.57 billion, a P/E ratio of 33.40, a P/E/G ratio of 1.37 and a beta of 0.62. The company has a fifty day moving average of $510.19 and a 200-day moving average of $546.71.

UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.74 by $0.07. UnitedHealth Group had a net margin of 3.60% and a return on equity of 26.69%. The business had revenue of $100.81 billion during the quarter, compared to analyst estimates of $101.60 billion. During the same period in the prior year, the business posted $5.83 earnings per share. The company’s revenue was up 6.8% on a year-over-year basis. As a group, equities research analysts predict that UnitedHealth Group Incorporated will post 29.54 EPS for the current fiscal year.

UnitedHealth Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were issued a dividend of $2.10 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $8.40 dividend on an annualized basis and a yield of 1.62%. UnitedHealth Group’s dividend payout ratio is currently 54.19%.

Analyst Ratings Changes

UNH has been the subject of several research analyst reports. Stephens raised their price target on shares of UnitedHealth Group from $605.00 to $675.00 and gave the stock an “overweight” rating in a research note on Thursday, December 5th. Barclays decreased their price target on shares of UnitedHealth Group from $655.00 to $642.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Piper Sandler decreased their price target on shares of UnitedHealth Group from $605.00 to $600.00 and set an “overweight” rating for the company in a research note on Thursday, January 2nd. Hsbc Global Res raised shares of UnitedHealth Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 10th. Finally, StockNews.com raised shares of UnitedHealth Group from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Twenty equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, UnitedHealth Group currently has a consensus rating of “Buy” and a consensus target price of $629.32.

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.