Dividend Coverage: Forecasted dividends of $0.63 are lurking just around the corner for UnitedHealth Group Incorporated (NYSE:UNH) shareholder?

Dividend Coverage: Forecasted dividends of $0.63 are lurking just around the corner for UnitedHealth Group Incorporated (NYSE:UNH) shareholder?

UnitedHealth Group Incorporated (NYSE:UNH) is expected to pay $0.63 on Dec 13, 2016. The indicated annual dividend is $2.50. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on UnitedHealth Group Incorporated’s current price of $152.11, the dividend is 0.41%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 9, 2016. The stock decreased 0.46% or $0.7 during the last trading session, hitting $152.11. UnitedHealth Group Inc (NYSE:UNH) has risen 13.31% since April 26, 2016 and is uptrending. It has outperformed by 8.05% the S&P500.

UnitedHealth Group Incorporated is a diversified healthcare company. The company has a market cap of $144.09 billion. The Firm operates through four divisions: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It has a 22.47 P/E ratio. The Firm conducts its activities through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum.

Insitutional Activity: The institutional sentiment increased to 1.02 in 2016 Q2. Its up 0.10, from 0.92 in 2016Q1. The ratio increased, as 55 funds sold all UnitedHealth Group Inc shares owned while 466 reduced positions. 94 funds bought stakes while 386 increased positions. They now own 805.88 million shares or 5.42% less from 852.02 million shares in 2016Q1.
Uss Mgmt Limited has 971,093 shares for 2.39% of their US portfolio. Cedar Hill Llc accumulated 2.84% or 117,058 shares. Boys Arnold has 0.23% invested in the company for 9,291 shares. Saturna Cap holds 0.02% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 4,580 shares. Teachers Retirement Sys Of The State Of Kentucky last reported 0.99% of its portfolio in the stock. Blackrock Invest Mngmt Limited Liability holds 0.95% or 5.30 million shares in its portfolio. South State holds 1,833 shares or 0.04% of its portfolio. Polar Cap Limited Liability Partnership, a United Kingdom-based fund reported 318,000 shares. California State Teachers Retirement System has 1.99 million shares for 0.6% of their US portfolio. Fdx Advsrs holds 0.16% of its portfolio in UnitedHealth Group Inc (NYSE:UNH) for 25,833 shares. Bainco accumulated 79,822 shares or 2.43% of the stock. Global X Mgmt Co owns 1,702 shares or 0.01% of their US portfolio. Retirement Of Alabama has 0.48% invested in the company for 578,830 shares. Harris Assocs Lp has invested 1.44% of its portfolio in UnitedHealth Group Inc (NYSE:UNH). Jacobs Levy Equity Management, a New Jersey-based fund reported 114,684 shares.

Insider Transactions: Since June 10, 2016, the stock had 0 insider buys, and 6 insider sales for $9.57 million net activity. WILENSKY GAIL R sold $822,000 worth of stock. $453,615 worth of UnitedHealth Group Inc (NYSE:UNH) was sold by BALLARD WILLIAM C JR. Shares for $5.41M were sold by BURKE RICHARD T on Wednesday, September 7. 325 shares with value of $47,121 were sold by Shine Kenneth Irwin on Friday, October 21. WILSON D ELLEN sold $2.07M worth of UnitedHealth Group Inc (NYSE:UNH) on Friday, October 21.

UnitedHealth Group Inc (NYSE:UNH) Ratings Coverage

Out of 15 analysts covering UnitedHealth Group (NYSE:UNH), 14 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 93% are positive. UnitedHealth Group has been the topic of 20 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Mizuho on Friday, November 20. The stock of UnitedHealth Group Inc (NYSE:UNH) earned “Outperform” rating by FBR Capital on Thursday, November 19. The firm has “Overweight” rating given on Wednesday, September 16 by JP Morgan. Vetr upgraded UnitedHealth Group Inc (NYSE:UNH) rating on Wednesday, September 2. Vetr has “Strong-Buy” rating and $128.77 price target. The rating was downgraded by Mizuho to “Neutral” on Wednesday, November 9. The rating was reinitiated by Morgan Stanley on Wednesday, September 9 with “Overweight”. The firm has “Buy” rating by Citigroup given on Friday, October 2. The firm has “Outperform” rating given on Wednesday, December 16 by Credit Suisse. The stock of UnitedHealth Group Inc (NYSE:UNH) has “Buy” rating given on Friday, April 8 by Cleveland. The firm has “Buy” rating by Argus Research given on Friday, July 22.

More important recent UnitedHealth Group Inc (NYSE:UNH) news were published by: Forbes.com which released: “Ex-Dividend Reminder: UnitedHealth Group, M & T Bank and Commerce Bancshares” on November 28, 2016, also Nasdaq.com published article titled: “One Put, One Call Option To Know About for UnitedHealth Group”, Businesswire.com published: “UnitedHealth Group to Host Investor Conference” on November 21, 2016. More interesting news about UnitedHealth Group Inc (NYSE:UNH) was released by: Reuters.com and their article: “BRIEF-UnitedHealth Group to discuss 2017 financial outlook at investor con…” with publication date: November 28, 2016.

UNH Company Profile

UnitedHealth Group Incorporated, incorporated on January 25, 1977, is a health and well-being company. The Company’s business platforms include UnitedHealthcare and Optum. UnitedHealthcare provides health care benefits to various clients and markets. Optum is a health services business serving the health care marketplace, including payers, care providers, employers, Governments, life sciences companies and consumers. The Company’s business platforms have four divisions: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx.

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