5 Banking and Finance Stocks to Buy Today According To Rajiv Jain’s GQG Partners

Page 5 of 5

1. UnitedHealth Group Incorporated (NYSE:UNH)

GQG Partners’ Stake Value: $1.9 billion

Percentage of GQG Partners’ 13F Portfolio: 4.79%

Number of Hedge Fund Holders: 100

UnitedHealth Group Incorporated (NYSE:UNH) is a healthcare plan provider in the United States. Its plans cover several areas such as consumer oriented plans for different kinds of employers as well as those for individuals. Additionally, it also provides plans for preventive healthcare in older individuals and those with different diseases.

Mr. Jain’s investment firm had a whopping $1.9 billion stake in UnitedHealth Group Incorporated (NYSE:UNH) as Q4 2021 came to an end. This was through owning 3.8 million shares and it represented 4.79% of the investment firm’s portfolio. Insider Monkey’s research of 924 hedge fund portfolios for the same time period revealed that 100 had owned a stake in the firm.

For its fiscal Q4, UnitedHealth Group Incorporated (NYSE:UNH) reported $73.7 billion in revenue and $4.48 in non-GAAP EPS, beating analyst estimates for both. These results impressed Citi, which upgraded the health plan provider’s share rating to Buy from Neutral but kept its price target unchanged at $25.75 in February 2022.

UnitedHealth Group Incorporated (NYSE:UNH)’s largest investor after GQG Partners is Boykin Curry’s Eagle Capital Management which owns 3 million shares worth $1.5 billion.

Disclosure: None. You can also take a look at 15 Most Valuable UK Companies in the World and 12 Best Large-cap Biotech Stocks To Buy Now.

Page 5 of 5