KMG Fiduciary Partners Cuts Stake in UnitedHealth Group by Nearly Half
KMG Fiduciary Partners LLC has decreased its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 55.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The fund owned 8,955 shares of the healthcare conglomerate's stock after selling 11,132 shares during the period. Its holdings in UnitedHealth Group were worth $3,722,000 as of its most recent filing.
Other institutional investors have also recently bought and sold shares of UNH. Vanguard Group Inc. boosted its position by 1.1% in the fourth quarter, now owning 91,600,260 shares valued at $30,238,162,000.
The company has a market cap of $371.16 billion and a P/E ratio of 26.30. UnitedHealth Group last released its earnings results on Thursday, July 16th, reporting $6.38 EPS for the quarter, topping the consensus estimate by $1.44.