GLOBALT Investments LLC GA Increases Stake in UnitedHealth Group Incorporated

In the fourth quarter, according to its latest filing with the Securities and Exchange Commission (SEC), GLOBALT Investments LLC GA increased its holding in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 45.6%. In the end, the firm bought 5,890 shares, which it held for a total of 18,793 shares of the healthcare conglomerate, which was valued at $9,507,000.

Other institutional investors have also made changes to their positions in the company’s stock. State Street Corp held a position in the stock, and in the third quarter, it grew by 1.3% when it held 45,540,102 shares with a market value of $26.63 billion, after buying 563,554 additional shares. Geode Capital Management LLC also has its investment in the company grow by 1.6% in the same period, acquiring 19,636,704 shares valued at $11.44 billion with a purchase of an additional 318,039 shares. In the same time frame, Franklin Resources Inc. made a 2.5% increase to its position, owning 8,061,916 shares valued at $4.88 billion after adding 193,800 shares. In the fourth quarter, Bank of New York Mellon Corp. also raised its stake by 0.5% in the company, and now owns 7,931,478 shares valued at $4.01 billion. Charles Schwab Investment Management Inc. owned 6,223,331 shares of the stock, which it had acquired in a 3.0% increase from a purchase of 182,361 shares. The insider ownership is 87.86% for UnitedHealth Group's stock. According to the latest insider trading data available, none of the insiders has made any transaction regarding UnitedHealth Group's stock in the last 75 days. In other words, no insider has bought or sold any UnitedHealth Group stock within this period. As of December 31, 2022, there were 0 directors at UnitedHealth Group. Of the 0 directors, 1 held options, and 0 exercised their options that year. Additionally, 0 sold their shares, resulting in a change of - in ownership by directors during the year. UnitedHealth Group's stock opened at $488.52 on Monday and has a market capitalization of $446.85 billion. Its P/E ratio is 31.52, its PEG ratio is 1.37, and its beta is 0.62. The company's low and high 52-week prices are $436.38 and $630.73, respectively. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83, and a quick ratio of 0.91. UnitedHealth Group has a 50-day moving average of $511.36 and a 200-day moving average of $549.80.