UnitedHealth Group Inc. UNH shares climbed Friday after high-profile investors Michael Burry and Warren Buffett took positions in the insurance giant, offering some relief to a stock that has tumbled about 41% year-to-date.<\/p>\n
Warren Buffett\u2019s fund bought little more than 5 million shares, and Burry disclosed in\u00a013F filings<\/a> that he purchased call contracts against 350,000 shares of UnitedHealth.<\/p>\n The holdings suggest Burry is betting on a sector turnaround, particularly as Medicare Advantage rates have exceeded expectations for 2026, and UnitedHealth\u2019s competitive positioning remains strong despite recent setbacks.<\/p>\n Also Read: Michael Burry Joins Warren Buffett Going Long On UnitedHealth Stock<\/a><\/p>\n In a U.S. Securities and Exchange Commission (SEC)\u00a0filing<\/a> on Thursday, Amedisys AMED announced that UnitedHealth closed its home health and hospice provider acquisition.<\/p>\n UnitedHealth agreed to divest more than 160 healthcare facilities as part of a proposed settlement with the U.S. Department of Justice (DOJ) to resolve antitrust concerns surrounding its $3.3 billion acquisition<\/a> of\u00a0Amedisys.<\/p>\n The insurance giant reported second-quarter adjusted earnings of $4.08, down from $6.80 a year ago, missing the consensus of $4.95. Revenues increased 13% year over year to $111.62 billion, missing the\u00a0consensus of $111.69 billion<\/a>.<\/p>\n UnitedHealth reestablished its fiscal year 2025 guidance, with adjusted earnings of at least\u00a0$16 per share versus a consensus of\u00a0$22.33 and sales\u00a0guidance\u00a0of\u00a0$445.5 billion-$448 billion compared to the analyst estimate of $449.5 billion. In May, UnitedHealth suspended its 2025 performance outlook.<\/p>\n