Value development
UNH closed the second quarter of 2023 with favorable business results. It thus continued a long-term trend of positive sentiment, which resulted in a price increase. Over the past 5 years, the price per UNH share has increased by 87.42%, and by 334,831% since the stock went public in 1984.*
United Health Group's share price movement over the past 5 years*
Interestingly, UNH ranks first in BlackRock Investment Group's "iShares" ETFs with a 22.2 percent weighting. These ETF funds specialize specifically in U.S. health care, health insurance, diagnostics and specialty treatment providers.
Profitability drags
Once again contributing to UNH's solid results were double-digit gains from Optum's divisions, which are used to coordinate patient care, improve the affordability of medical care, analyze cost trends and provide continuity in healthcare delivery.
UnitedHealth Group by the Numbers
UNH is the largest U.S. health insurer, both in terms of market capitalization, revenues or profits, as well as in the number of insureds, which number approximately 70 million. It also works with 1.3 million physicians and around 6,500 hospitals. In addition to the United States, it also operates in Latin America. Founded in 1977, its portfolio includes a number of smaller insurance companies and employs more than 125 thousand people.
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Peter Svoreň, CEO of APME FX
Sources:
https://www.unitedhealthgroup.com/
https://www.nasdaq.com/market-activity/stocks/unh/real-time
* Past performance is no guarantee of future results
