Aster Capital Management DIFC Ltd purchased a new position in shares of Humana Inc. (NYSE:HUM – Free Report) in the 4th quarter, Holdings Channel reports. The fund purchased 1,807 shares of the insurance provider’s stock, valued at approximately $463,000.
Several other institutional investors have also modified their holdings of HUM. Capital International Investors grew its position in shares of Humana by 113.9% during the fourth quarter. Capital International Investors now owns 5,818,008 shares of the insurance provider’s stock worth $1,490,239,000 after acquiring an additional 3,097,571 shares during the last quarter. Norges Bank bought a new position in Humana in the 4th quarter valued at about $456,632,000. Franklin Resources Inc. grew its position in Humana by 914.5% in the 4th quarter. Franklin Resources Inc. now owns 1,255,665 shares of the insurance provider’s stock valued at $321,613,000 after buying an additional 1,131,893 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in Humana by 28.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,496,775 shares of the insurance provider’s stock valued at $1,151,759,000 after buying an additional 1,008,514 shares in the last quarter. Finally, Neuberger Berman Group LLC grew its position in Humana by 2,855.5% in the 3rd quarter. Neuberger Berman Group LLC now owns 530,775 shares of the insurance provider’s stock valued at $138,092,000 after buying an additional 512,816 shares in the last quarter. Institutional investors own 92.38% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the stock. Cantor Fitzgerald reissued a “neutral” rating on shares of Humana in a report on Thursday, June 11th. Wells Fargo & Company downgraded shares of Humana from a “cautious” rating to a “reduce” rating in a report on Wednesday, May 20th. Raymond James Financial reissued an “outperform” rating and issued a $260.00 price target on shares of Humana in a report on Friday, May 1st. Jefferies Financial Group raised shares of Humana from a “buy” rating to a “buy” rating in a report on Wednesday, May 20th. Finally, Needham & Company LLC assumed coverage on shares of Humana in a report on Wednesday, May 20th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, sixteen have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Humana has a consensus rating of “Hold” and an average price target of $291.35.
Humana Trading Down 2.8%
Shares of Humana stock opened at $369.78 on Wednesday. The company’s fifty day simple moving average is $275.78 and its 200-day simple moving average is $239.13. The company has a market cap of $44.40 billion, a price-to-earnings ratio of 39.55, a PEG ratio of 2.17 and a beta of 0.76. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.66. Humana Inc. has a 1 year low of $163.11 and a 1 year high of $380.86.
Humana (NYSE:HUM – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The insurance provider reported $10.31 earnings per share for the quarter, topping analysts’ consensus estimates of $9.97 by $0.34. Humana had a net margin of 0.82% and a return on equity of 10.45%. The firm had revenue of $39.65 billion for the quarter, compared to the consensus estimate of $39.37 billion. During the same quarter in the previous year, the company earned $11.58 earnings per share. The business’s revenue was up 23.5% compared to the same quarter last year. Humana has set its FY 2026 guidance at 9.000- EPS. As a group, sell-side analysts expect that Humana Inc. will post 9.04 EPS for the current year.
Humana Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, June 26th will be paid a $0.885 dividend. The ex-dividend date of this dividend is Friday, June 26th. This represents a $3.54 dividend on an annualized basis and a dividend yield of 1.0%. Humana’s dividend payout ratio is 37.86%.
Humana Profile
Humana Inc (NYSE: HUM) is a health insurance company headquartered in Louisville, Kentucky, that primarily serves individuals and groups across the United States. The company is best known for its Medicare business, offering Medicare Advantage plans and prescription drug (Part D) coverage, alongside a range of commercial and employer-sponsored group health plans. Humana’s products are designed to cover medical, behavioral health and pharmacy needs for members, with particular emphasis on seniors and Medicare-eligible populations.
In addition to traditional insurance products, Humana provides care-management and wellness services intended to support chronic-condition management, preventive care and care coordination.
Featured Stories
- Five stocks we like better than Humana
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Want to see what other hedge funds are holding HUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Humana Inc. (NYSE:HUM – Free Report).
Receive News & Ratings for Humana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Humana and related companies with MarketBeat.com's FREE daily email newsletter.
