UnitedHealth (UNH)

• Market cap: $444B
• 1 day: -1.03%
• 5 days: 1.06%
• 1 month: -8.79%
• 3 months: -6.73%
• 6 months: -18.25%
• Year to date: -4.65%
• 1 year: -1.70%
• 5 years: 92.10%
• 10 years: 318.73%
• Sector: Financials
• Industry: Hospital & Medical Service Plans

About: UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 50 million members globally, including 1 million outside the us as June 2024. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.

Employees: 440,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

116% more first-time investments, than exits

New positions opened: 413 | Existing positions closed: 191

4% more funds holding

Funds holding: 3,414 [Q3] → 3,551 (+137) [Q4]

5% more call options, than puts

Call options by funds: $5.58B | Put options by funds: $5.31B

7% less repeat investments, than reductions

Existing positions increased: 1,352 | Existing positions reduced: 1,458

2.11% less ownership

Funds ownership: 89.69% [Q3] → 87.58% (-2.11%) [Q4]

14% less capital invested

Capital invested by funds: $482B [Q3] → $413B (-$68.9B) [Q4]

38% less funds holding in top 10

Funds holding in top 10: 312 [Q3] → 195 (-117) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $600 25% upside
• Avg. target: $644 34% upside
• High target: $700 46% upside

6 analyst ratings

• positive: 6 100%
• neutral: 0 0%
• negative: 0 0%

Wells Fargo Stephen Baxter 28% 1-year accuracy 11 / 40 met price target	37% upside $660	Overweight Maintained	28 Jan 2025
Barclays Andrew Mok 34% 1-year accuracy 20 / 58 met price target	33% upside $642	Overweight Maintained	17 Jan 2025
Keybanc Steve Barger 14% 1-year accuracy 4 / 29 met price target	35% upside $650	Overweight Reiterated	17 Jan 2025
Cantor Fitzgerald Sarah James 27% 1-year accuracy 30 / 113 met price target	46% upside $700	Overweight Reiterated	17 Jan 2025
Truist Securities David Macdonald 57% 1-year accuracy 54 / 94 met price target	27% upside $610	Buy Maintained	6 Jan 2025