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Rafferty Asset Management cut its UnitedHealth Group holdings amid the company missing earnings estimates.
Rafferty Asset Management sold shares of UnitedHealth Group, reducing its holdings to 85,210 shares worth $44.63 million.
UnitedHealth Group, a major health care company with a market cap of $276.46 billion, reported $4.08 EPS for the quarter, missing estimates by $0.37.
The company operates through four segments and has received an "overweight" rating from Cantor Fitzgerald with a target price suggesting a 43.71% potential upside.
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Rafferty Asset Management redujo sus participaciones en UnitedHealth Group en medio de las estimaciones de ganancias de la compañía que faltan.