Unitedhealth Group Inc (NYSE: UNH) is 1.54% higher on its value in year-to-date trading and has touched a low of $436.38 and a high of $630.73 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UNH stock was last observed hovering at around $513.00 in the last trading session, with the day’s gains setting it 0.67%.
Currently trading at $513.67, the stock is -0.23% and -8.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.44 million and changing 0.13% at the moment leaves the stock -4.81% off its SMA200. UNH registered -5.82% loss for a year compared to 6-month gain of 4.97%. The firm has a 50-day simple moving average (SMA 50) of $561.1922 and a 200-day simple moving average (SMA200) of $539.50214.
The stock witnessed a -15.90% loss in the last 1 month and extending the period to 3 months gives it a -13.11%, and is 0.72% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.86% over the week and 3.10% over the month.
Unitedhealth Group Inc (UNH) has around 440000 employees, a market worth around $480.68B and $392.72B in sales. Current P/E ratio is 33.37 and Fwd P/E is 17.21. Profit margin for the company is 3.65%. Distance from 52-week low is 17.71% and -18.56% from its 52-week high. The company has generated returns on investments over the last 12 months (8.49%).
with sales reaching $101.78B over the same period.The EPS is expected to grow by 9.92% this year, but quarterly earnings will post 7.97% year-over-year. Quarterly sales are estimated to grow 7.78% in year-over-year returns.
Unitedhealth Group Inc (UNH) Top Institutional Holders
4440.0 institutions hold shares in Unitedhealth Group Inc (UNH), with institutional investors hold 90.34% of the company’s shares. The shares outstanding are 923.00M, and float is at 918.18M with Short Float at 0.70%. Institutions hold 90.14% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 83.95 million shares valued at $42.75 billion. The investor’s holdings represent 9.1158% of the UNH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 73.43 million shares valued at $$37.39 billion to account for 7.9735 of the shares outstanding. The other top investors are STATE STREET CORP which holds 44.98 million shares representing 4.8839% and valued at over $22.9 billion, while FMR LLC holds 3.5506 of the shares totaling 32.7 million with a market value of $16.65 billion.
Unitedhealth Group Inc (UNH) Insider Activity
The most recent transaction is an insider sale by McSweeney Erin,the company’sEVP & Chief People Officer. SEC filings show that McSweeney Erin sold 701 shares of the company’s common stock on Nov 11 ’24 at a price of $626.23 per share for a total of $0.44 million. Following the sale, the insider now owns 7105.0 shares.
Still, SEC filings show that on Jul 17 ’24, ROOS THOMAS E (Chief Accounting Officer) disposed off 2,851 shares at an average price of $569.88 for $1.62 million. The insider now directly holds 29,501 shares of Unitedhealth Group Inc (UNH).
