Fiera Capital Corp significantly reduced its stake in UnitedHealth Group (NYSE:UNH) by selling 50,983 shares, decreasing its holdings by 5.8% to 823,084 shares valued at $284.2 million. Despite this sale and some analyst price target trims, UNH maintains a consensus “Moderate Buy” rating with an average target of $372.13. The healthcare conglomerate also reported quarterly earnings that beat estimates, with revenues slightly below expectations but showing a 12.3% year-over-year increase.
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Fiera Capital Corp Sells 50,983 Shares of UnitedHealth Group Incorporated $UNH
Fiera Capital Corp significantly reduced its stake in UnitedHealth Group (NYSE:UNH) by selling 50,983 shares, decreasing its holdings by 5.8% to 823,084 shares valued at $284.2 million. Despite this sale and some analyst price target trims, UNH maintains a consensus “Moderate Buy” rating with an average target of $372.13. The healthcare conglomerate also reported quarterly earnings that beat estimates, with revenues slightly below expectations but showing a 12.3% year-over-year increase.