Buffett Buys 1 Million Shares of UnitedHealth

From Reuters:

Warren Buffett’s Berkshire Hathaway Inc bought 1 million shares of insurer UnitedHealth Group in the fourth quarter of 2006, according to a regulatory filing.
Berkshire detailed its holdings for the quarter ended Dec. 31, 2006 in a filing with the U.S. Securities and Exchange Commission late on Wednesday.
In the third quarter, Berkshire did not own any shares of UnitedHealth, the largest U.S. health insurer by market value. The company has overhauled corporate governance procedures and changed its management structure, but still faces a federal investigation into its dating of stock options.

Shares of UNH are up over 4% today.

Posted by on February 15th, 2007 at 3:03 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.