Humana Inc. Reaches New 12-Month High at $97.22 (HUM)
Humana (NYSE:HUM)’s share price reached a new 52-week high on Tuesday, Analyst Ratings Network.com reports. The company traded as high as $97.22 and last traded at $97.16, with a volume of 699,403 shares traded. The stock had previously closed at $95.44.
A number of research firms have recently commented on HUM. Analysts at JPMorgan Chase & Co. raised their price target on shares of Humana (NYSE:HUM) from $100.00 to $110.00 in a research note to investors on Thursday, September 5th. They now have an “overweight” rating on the stock. Separately, analysts at Zacks downgraded shares of Humana (NYSE:HUM) from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, September 4th. They now have a $99.00 price target on the stock. Finally, analysts at Cantor Fitzgerald raised their price target on shares of Humana (NYSE:HUM) from $90.00 to $105.00 in a research note to investors on Wednesday, August 14th. They now have a “buy” rating on the stock.
One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have given a buy rating to the company. Humana has an average rating of “Buy” and an average price target of $96.95.
In other Humana news, Insider Elizabeth D. Bierbower unloaded 17,673 shares of Humana stock on the open market in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $96.01, for a total value of $1,696,784.73. The sale was disclosed in a filing with the SEC, which is available at this link.
Humana has a 1-year low of $63.93 and a 1-year high of $96.75. The stock has a 50-day moving average of $92.36 and a 200-day moving average of $81.03. The company has a market cap of $15.191 billion and a P/E ratio of 10.16.
Humana (NYSE:HUM) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $2.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.46 by $0.17. The company had revenue of $10.32 billion for the quarter, compared to the consensus estimate of $10.36 billion. During the same quarter in the previous year, the company posted $2.16 earnings per share. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. Analysts expect that Humana will post $8.76 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, October 25th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Thursday, September 26th.
Humana Inc (NYSE:HUM) is a health care company.
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