With an annual dividend yield of 2.31%, UnitedHealth Group Incorporated (NYSE:UNH) is included among the 12 Best Dividend Stocks to Invest in According to Hedge Funds.
UnitedHealth Group Incorporated (NYSE:UNH) is a health care and well-being company with team members in two distinct and complementary businesses – its insurance wing, UnitedHealthcare, and its health services segment, Optum
On May 20, Mizuho boosted the firm’s price target on UnitedHealth Group Incorporated (NYSE:UNH) from $410 to $440, while maintaining an ‘Outperform’ rating on the shares. The revised target represents an upside of 15% from the current share price. According to Mizuho, the managed care group delivered strong results in the recent Q1 earnings season.
The firm bumped up its estimate on UNH due to the lower risk of negative medical loss ratio changes through the end of this year. UnitedHealth Group Incorporated (NYSE:UNH) comfortably exceeded estimates in its Q1 results reported last month. The company kept costs in check and received improved government payments for its health insurance services.