Buffett’s Berkshire Hathaway Buys More DaVita Stock After Dip

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Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) bought over half a million more shares of DaVita HealthCare Partners Inc (NYSE:DVA), after the dialysis provider’s price fell due to fears surrounding reduced Medicare payments.

Buffett's Berkshire Hathaway Buys More DaVita Stock After Dip

With the latest purchase, Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B)’s stake in DaVita has been enhanced to 15.6 million shares.

The Warren Buffett firm now owns close to 15 percent of DaVita HealthCare Partners Inc (NYSE:DVA).

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports