Retirement Stock Portfolio: 5 Healthcare Stocks To Consider

1. UnitedHealth Group Incorporated (NYSE:UNH)

Number of Hedge Fund Holders: 105

UnitedHealth Group Incorporated (NYSE:UNH) tops our list of the best healthcare stocks to buy. The company announced its Q3 results on October 14 and posted an EPS of $4.52, beating the estimates by $0.10. UnitedHealth Group Incorporated (NYSE:UNH) reported revenue of $72.33 billion, up11.1% from the prior-year quarter.

UnitedHealth Group Incorporated (NYSE:UNH) is a healthcare and insurance company, based in Minnesota, U.S. The company has a track record of 12 years of consistent dividend growth and currently pays a dividend of $5.80 per share, yielding 1.36%. UnitedHealth Group Incorporated (NYSE:UNH) has increased its dividend by 68% in the past three years. Recently, Evercore ISI lifted its price target on UnitedHealth Group Incorporated (NYSE:UNH) to $480, with an Outperform rating on the shares.

At the end of Q2, GQG Partners was the largest shareholder of UnitedHealth Group Incorporated (NYSE:UNH), with shares worth $1.48 billion. Overall, 105 hedge funds tracked by Insider Monkey reported owning stakes in the company in Q2, up from 89 in the previous quarter. These stakes are valued at over $13 billion.

Wedgewood Partners mentioned UnitedHealth Group Incorporated (NYSE:UNH) in its recently mentioned Q3 2021 investor letter. Here is what the firm has to say:

“UnitedHealth Group detracted from performance due to investor concerns about Medicare premiums as well as post-COVID medical cost trends. Medicare enrollment should continue to grow at double-digits at UnitedHealthcare. Meanwhile the Company’s Optum segment should be able to help bend the cost curve if indeed post-COVID volumes pick up to above pre-COVID levels. In any case, we do not think the long-term normalized trend of medical care in the U.S. has changed substantially and would look to add to our new position on any continuing short-term concerns.”

You can also take a look at 10 Best Healthcare Dividend Stocks and 10 Cheap Healthcare Stocks To Buy Now.

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