5 Best Healthcare Dividend Stocks To Buy Now

1. UnitedHealth Group Incorporated (NYSE:UNH)

Number of Hedge Fund Holders: 91

Dividend Yield as of October 28: 1.20%

UnitedHealth Group Incorporated (NYSE:UNH) is a Minnesota-based diversified health care company that offers consumer-oriented health benefit plans, Medicaid plans, children’s health insurance, care delivery, consumer engagement, and financial services. UnitedHealth Group Incorporated (NYSE:UNH) is one of the best dividend stocks to consider. On October 27, the company said it will offer individual and family health plans in 22 state health insurance marketplaces in 2023, up from 18 states in 2022. The open enrollment period commences from November 1, 2022 to January 15, 2023.

Deutsche Bank analyst George Hill on October 18 raised the price target on UnitedHealth Group Incorporated (NYSE:UNH) to $615 from $569 and maintained a Buy rating on the shares. The company posted strong Q3 results as membership growth remains resilient and value-based arrangements continue to grow, the analyst told investors in a research note.

According to Insider Monkey’s Q2 data, 91 hedge funds held stakes in UnitedHealth Group Incorporated (NYSE:UNH), compared to 103 funds in the last quarter. Boykin Curry’s Eagle Capital Management is the leading stakeholder of the company, with 2.87 million shares worth $1.5 billion.

In its Q2 2022 investor letter, Carillon Tower Advisers, an asset management firm, highlighted a few stocks and United Group Incorporated (NYSE:UNH) was one of them. Here is what the fund said:

“UnitedHealth Group Incorporated (NYSE:UNH) reported solid quarterly results and raised 2022 guidance modestly. Additionally, managed care is another industry that is viewed as defensive in the current environment, which helped support UnitedHealth and its peer group.”

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