Aprio Wealth Management LLC Has $473,000 Stock Position in UnitedHealth Group Incorporated (NYSE:UNH)

Aprio Wealth Management LLC raised its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 38.2% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 955 shares of the healthcare conglomerate’s stock after purchasing an additional 264 shares during the period. Aprio Wealth Management LLC’s holdings in UnitedHealth Group were worth $473,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Richelieu Gestion SA purchased a new stake in UnitedHealth Group during the fourth quarter valued at about $26,000. CGC Financial Services LLC grew its position in shares of UnitedHealth Group by 1,000.0% in the 4th quarter. CGC Financial Services LLC now owns 55 shares of the healthcare conglomerate’s stock worth $29,000 after buying an additional 50 shares during the period. True Wealth Design LLC purchased a new stake in UnitedHealth Group in the fourth quarter worth about $31,000. LFA Lugano Financial Advisors SA increased its position in UnitedHealth Group by 148.1% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 67 shares of the healthcare conglomerate’s stock valued at $35,000 after buying an additional 40 shares in the last quarter. Finally, Transcendent Capital Group LLC bought a new position in shares of UnitedHealth Group during the fourth quarter valued at $40,000. Institutional investors own 87.86% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on UNH. HSBC upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $580.00 price objective for the company in a research note on Wednesday, June 5th. JPMorgan Chase & Co. lifted their price target on shares of UnitedHealth Group from $546.00 to $559.00 and gave the stock an “overweight” rating in a research note on Thursday, May 30th. Wells Fargo & Company decreased their target price on shares of UnitedHealth Group from $600.00 to $525.00 and set an “overweight” rating for the company in a research note on Monday, April 8th. Baird R W raised UnitedHealth Group to a “strong-buy” rating in a report on Thursday, May 30th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $591.00 target price on shares of UnitedHealth Group in a research report on Wednesday, June 12th. Three analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $579.74.

UnitedHealth Group Stock Performance

Shares of NYSE UNH opened at $483.16 on Friday. The company has a market cap of $444.70 billion, a P/E ratio of 29.53, a P/E/G ratio of 1.41 and a beta of 0.58. The firm’s fifty day moving average is $497.01 and its two-hundred day moving average is $504.26. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.85 and a current ratio of 0.85. UnitedHealth Group Incorporated has a 52-week low of $436.38 and a 52-week high of $554.70.

UnitedHealth Group (NYSE:UNH) last released its quarterly earnings data on Tuesday, April 16th. The healthcare conglomerate reported $6.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.63 by $0.28. UnitedHealth Group had a return on equity of 26.50% and a net margin of 4.05%. The business had revenue of $99.80 billion for the quarter, compared to the consensus estimate of $99.23 billion. During the same quarter in the previous year, the company posted $6.26 EPS. The company’s revenue was up 8.6% compared to the same quarter last year. As a group, analysts anticipate that UnitedHealth Group Incorporated will post 27.57 EPS 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. Shareholders of record on Monday, June 17th will be paid a dividend of $2.10 per share. This is a boost from UnitedHealth Group’s previous quarterly dividend of $1.88. This represents a $8.40 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Monday, June 17th. UnitedHealth Group’s payout ratio is presently 51.34%.

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.