Dubuque Bank & Trust Co. Buys 52 Shares of UnitedHealth Group Inc (UNH)

Dubuque Bank & Trust Co. grew its stake in UnitedHealth Group Inc (NYSE:UNH) by 2.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,323 shares of the healthcare conglomerate’s stock after acquiring an additional 52 shares during the quarter. Dubuque Bank & Trust Co.’s holdings in UnitedHealth Group were worth $574,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of UNH. Oregon Public Employees Retirement Fund raised its holdings in shares of UnitedHealth Group by 50,446.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 53,349,795 shares of the healthcare conglomerate’s stock worth $214,000 after purchasing an additional 53,244,249 shares during the period. Norges Bank acquired a new stake in shares of UnitedHealth Group in the fourth quarter valued at about $2,343,175,000. BlackRock Inc. grew its stake in shares of UnitedHealth Group by 3.1% in the fourth quarter. BlackRock Inc. now owns 69,831,381 shares of the healthcare conglomerate’s stock valued at $17,396,391,000 after buying an additional 2,123,417 shares in the last quarter. FMR LLC grew its stake in shares of UnitedHealth Group by 1.9% in the fourth quarter. FMR LLC now owns 64,480,003 shares of the healthcare conglomerate’s stock valued at $16,063,258,000 after buying an additional 1,232,189 shares in the last quarter. Finally, Vanguard Group Inc grew its stake in shares of UnitedHealth Group by 1.6% in the third quarter. Vanguard Group Inc now owns 69,342,549 shares of the healthcare conglomerate’s stock valued at $18,447,892,000 after buying an additional 1,073,505 shares in the last quarter. Institutional investors and hedge funds own 85.76% of the company’s stock.

UNH has been the subject of a number of recent research reports. Credit Suisse Group reiterated a “buy” rating and issued a $310.00 target price on shares of UnitedHealth Group in a research note on Friday, February 8th. ValuEngine lowered UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 27th. Zacks Investment Research lowered UnitedHealth Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 19th. SunTrust Banks lowered their price objective on UnitedHealth Group to $300.00 and set a “buy” rating for the company in a research note on Wednesday, April 17th. They noted that the move was a valuation call. Finally, Raymond James lowered their price objective on UnitedHealth Group from $310.00 to $265.00 and set a “strong-buy” rating for the company in a research note on Wednesday, April 17th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $290.84.

In related news, Director Richard T. Burke sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $245.01, for a total value of $1,225,050.00. Following the sale, the director now owns 182,372 shares of the company’s stock, valued at approximately $44,682,963.72. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Richard T. Burke sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $229.75, for a total value of $2,297,500.00. Following the completion of the sale, the director now directly owns 187,663 shares in the company, valued at approximately $43,115,574.25. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,930 shares of company stock valued at $6,746,683. Insiders own 0.87% of the company’s stock.

Shares of UNH traded up $0.34 during mid-day trading on Wednesday, hitting $242.40. The stock had a trading volume of 3,842,273 shares, compared to its average volume of 4,637,209. The firm has a market cap of $235.33 billion, a price-to-earnings ratio of 18.82, a PEG ratio of 1.33 and a beta of 0.74. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.63. UnitedHealth Group Inc has a fifty-two week low of $208.07 and a fifty-two week high of $287.94.

UnitedHealth Group (NYSE:UNH) last issued its earnings results on Tuesday, April 16th. The healthcare conglomerate reported $3.73 EPS for the quarter, topping the consensus estimate of $3.60 by $0.13. The company had revenue of $60.30 billion during the quarter, compared to analyst estimates of $59.72 billion. UnitedHealth Group had a return on equity of 25.07% and a net margin of 5.45%. The business’s revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the firm earned $3.04 EPS. On average, sell-side analysts predict that UnitedHealth Group Inc will post 14.71 earnings per share for the current fiscal year.

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UnitedHealth Group 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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