UnitedHealth Group has sold an ownership interest in some of its Florida WellMed clinics to private equity firm TPG while retaining an interest in the operations, part of a broader portfolio consolidation aimed at restoring profitability margins. The move is meant to support a turnaround at Optum Health, where management is targeting margins of around 2%, 4% and 6% for 2026 through 2028. The health insurer's shares traded at $378.58 at the October 5 close, giving it a market capitalization of $334.76 billion, and its 4.10% gain over the last 52 weeks lags the S&P 500's 15.78%. Trailing twelve-month revenue reached $450.53 billion, but topline growth was just 0.40% in the second quarter of fiscal 2026, with a 5.35% operating margin and a 3.14% net margin. Operating cash flow came to $27 billion and levered free cash flow to $24.3 billion over the trailing twelve months, while 143 hedge funds held positions at the end of Q2 2026, up from 130 in Q1 2026, with BlackRock the largest institutional stakeholder at 76.86 million shares, or 8.56% of outstanding shares.
UnitedHealth Group IncorporatedUnitedHealth sells WellMed clinic stake to TPG as part of portfolio consolidation to restore margins
TPG IncTPG acquires ownership interest in UnitedHealth's Florida WellMed clinics
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