UnitedHealth Group (NYSE:UNH) last released its quarterly earnings results on Tuesday, October 18th. The company has a market cap of $144.76 billion.
The dividend yield for the company is hovering around 1.64% while the pay out ratio is now at 32.70%.
The stock's price switched up 4.18% 20-Days Simple Moving Average, added 7.08% from 50-Days Simple Moving Average and rose 12.76% from 200 Days Simple Moving Average. The healthcare conglomerate reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.09. The company had revenue of $46.30 billion for the quarter, compared to the consensus estimate of $46.09 billion. Analysts forecast that UnitedHealth Group will post $8.01 EPS for the current year. The short ratio in the company's stock is documented at 2.15 and the short float is around of 0.85%. Engineers Gate Manager Limited Partnership holds 0.22% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 21,300 shares. The growth for the next year comes down to 14.10%, and its growth for the last five years shows at 8.00%.
UnitedHealth Group Incorporated (NYSE:UNH) is trading up 43.37% versus 12-month low of 106.09 and stands -1.55% lower from its 1-year peak of $154.50. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.30 on scale of 1-5. On Thursday, November 19 the stock rating was maintained by FBR Capital with "Outperform". Balentine LLC boosted its stake in shares of UnitedHealth Group by 48.5% in the third quarter. A month ago, they told us to expect earnings of US$2.08 per share while three months ago their EPS consensus estimate was US$2.06. (NYSE:UNH) to from its previous rating of. UnitedHealth Group's payout ratio is now 36.93%. WILENSKY GAIL R sold $822,000 worth of stock. Van Hulzen Asset Management LLC bought a new position in shares of UnitedHealth Group during the second quarter valued at approximately $104,000. If you are reading this news story on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark law. In a research note issued on Nov 09, 2016, analysts at downgraded the stock to Neutral from Buy.
TRADEMARK VIOLATION WARNING: "UnitedHealth Group Inc". Company has 69.33% insider ownership. Hedge funds and other institutional investors own 84.92% of the company's stock. Finally, Aviva PLC increased its stake in UnitedHealth Group by 1.5% in the first quarter.
Insider Transactions: Since June 10, 2016, the stock had 0 insider purchases, and 6 insider sales for $9.57 million net activity. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
UnitedHealth, which is in the process of exiting the government's subsidized market for health insurance, known as Obamacare, said on Monday it expected to earn between $9.30 and $9.60 per share in 2017, excluding items. The Company's business platforms have four segments: UnitedHealthcare OptumHealth OptumInsight and OptumRx. Finemark Financial Bank Tru has 0.42% invested in the company for 26,910 shares. The Firm conducts its activities through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.