Culbertson A N & Co. Inc. Has $1.36 Million Stock Holdings in UnitedHealth Group Inc (NYSE:UNH)

Culbertson A N & Co. Inc. lifted its holdings in UnitedHealth Group Inc (NYSE:UNH) by 10.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,589 shares of the healthcare conglomerate’s stock after buying an additional 520 shares during the period. Culbertson A N & Co. Inc.’s holdings in UnitedHealth Group were worth $1,364,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of UNH. Integrated Investment Consultants LLC lifted its position in shares of UnitedHealth Group by 3.9% in the second quarter. Integrated Investment Consultants LLC now owns 1,131 shares of the healthcare conglomerate’s stock worth $276,000 after buying an additional 42 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in shares of UnitedHealth Group by 3.9% in the first quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,132 shares of the healthcare conglomerate’s stock worth $280,000 after buying an additional 43 shares during the last quarter. Meridian Financial Partners LLC lifted its position in shares of UnitedHealth Group by 2.7% in the second quarter. Meridian Financial Partners LLC now owns 1,633 shares of the healthcare conglomerate’s stock worth $403,000 after buying an additional 43 shares during the last quarter. CRA Financial Services LLC lifted its position in shares of UnitedHealth Group by 2.7% in the first quarter. CRA Financial Services LLC now owns 1,792 shares of the healthcare conglomerate’s stock worth $444,000 after buying an additional 47 shares during the last quarter. Finally, Pratt Collard Advisory Partners LLC lifted its position in shares of UnitedHealth Group by 5.7% in the first quarter. Pratt Collard Advisory Partners LLC now owns 877 shares of the healthcare conglomerate’s stock worth $217,000 after buying an additional 47 shares during the last quarter. 85.87% of the stock is owned by institutional investors and hedge funds.

UNH traded up $0.80 on Friday, hitting $250.05. 2,677,617 shares of the stock traded hands, compared to its average volume of 3,780,643. UnitedHealth Group Inc has a 52 week low of $208.07 and a 52 week high of $287.94. The company has a quick ratio of 0.73, a current ratio of 0.67 and a debt-to-equity ratio of 0.62. The company has a market cap of $236.87 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.33 and a beta of 0.61. The business has a fifty day moving average of $251.52.

UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings results on Thursday, July 18th. The healthcare conglomerate reported $3.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.46 by $0.14. UnitedHealth Group had a return on equity of 25.20% and a net margin of 5.51%. The firm had revenue of $60.60 billion for the quarter, compared to analyst estimates of $60.59 billion. During the same period in the previous year, the company posted $3.14 earnings per share. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. On average, research analysts forecast that UnitedHealth Group Inc will post 14.82 earnings per share for the current fiscal year.

A number of analysts have weighed in on UNH shares. SunTrust Banks reduced their price target on UnitedHealth Group to $300.00 and set a “buy” rating for the company in a research report on Wednesday, April 17th. They noted that the move was a valuation call. Cantor Fitzgerald set a $310.00 price target on UnitedHealth Group and gave the stock a “buy” rating in a research report on Friday, July 19th. Royal Bank of Canada set a $311.00 price target on UnitedHealth Group and gave the stock a “buy” rating in a research report on Friday, July 19th. Morgan Stanley lifted their price objective on UnitedHealth Group from $285.00 to $298.00 and gave the stock an “overweight” rating in a research note on Friday, July 12th. Finally, Raymond James lifted their price objective on UnitedHealth Group from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eighteen have given a buy rating to the company’s stock. UnitedHealth Group has a consensus rating of “Buy” and a consensus price target of $295.06.

In related news, Director William C. Ballard, Jr. sold 5,000 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $239.02, for a total transaction of $1,195,100.00. Following the transaction, the director now directly owns 77,993 shares in the company, valued at $18,641,886.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard T. Burke sold 10,000 shares of the business’s stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $241.99, for a total value of $2,419,900.00. Following the transaction, the director now owns 187,663 shares in the company, valued at $45,412,569.37. The disclosure for this sale can be found here. Insiders have sold 37,000 shares of company stock worth $9,158,720 over the last 90 days. Corporate insiders own 0.87% of the company’s stock.

About UnitedHealth Group

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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