Humana Inc (HUM) Shares Bought by Teacher Retirement System of Texas
Teacher Retirement System of Texas raised its stake in shares of Humana Inc (NYSE:HUM) by 4.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,731 shares of the insurance provider’s stock after buying an additional 5,156 shares during the period. Teacher Retirement System of Texas’ holdings in Humana were worth $26,644,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in the stock. Guardian Life Insurance Co. of America raised its position in shares of Humana by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 575 shares of the insurance provider’s stock valued at $119,000 after buying an additional 4 shares during the last quarter. Independent Portfolio Consultants Inc. raised its position in shares of Humana by 22.1% in the second quarter. Independent Portfolio Consultants Inc. now owns 519 shares of the insurance provider’s stock valued at $125,000 after buying an additional 94 shares during the last quarter. Point72 Asia Hong Kong Ltd purchased a new position in shares of Humana during the first quarter valued at about $128,000. Westbourne Investment Advisors Inc. purchased a new position in shares of Humana during the second quarter valued at about $205,000. Finally, Hengehold Capital Management LLC purchased a new position in shares of Humana during the second quarter valued at about $209,000. Institutional investors own 99.66% of the company’s stock.
Shares of Humana Inc (HUM) opened at 249.99 on Friday. The stock has a market capitalization of $36.13 billion, a P/E ratio of 20.57 and a beta of 0.91. The company’s 50 day moving average price is $239.62 and its 200-day moving average price is $222.88. Humana Inc has a 12 month low of $163.50 and a 12 month high of $255.27.
Humana (NYSE:HUM) last released its quarterly earnings data on Wednesday, August 2nd. The insurance provider reported $3.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.41. The business had revenue of $13.53 billion for the quarter, compared to analysts’ expectations of $13.61 billion. Humana had a return on equity of 24.61% and a net margin of 4.80%. During the same period in the prior year, the firm posted $2.30 EPS. Equities analysts predict that Humana Inc will post $11.55 earnings per share for the current year.
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Several brokerages have issued reports on HUM. UBS AG reiterated a “neutral” rating and issued a $250.00 price target (up previously from $237.00) on shares of Humana in a report on Wednesday. BidaskClub upgraded Humana from a “sell” rating to a “hold” rating in a report on Thursday. Cantor Fitzgerald reiterated a “neutral” rating and issued a $223.00 price target (up previously from $200.00) on shares of Humana in a report on Thursday, August 3rd. Jefferies Group LLC reiterated a “hold” rating and issued a $257.00 price target on shares of Humana in a report on Friday, August 4th. Finally, Deutsche Bank AG increased their price target on Humana from $234.00 to $243.00 and gave the stock a “hold” rating in a report on Monday, August 7th. One analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the company. Humana presently has a consensus rating of “Buy” and a consensus target price of $243.65.
In related news, SVP Brian P. Leclaire sold 4,971 shares of the company’s stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $240.00, for a total value of $1,193,040.00. Following the transaction, the senior vice president now directly owns 14,258 shares of the company’s stock, valued at approximately $3,421,920. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Heidi S. Margulis sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, May 26th. The shares were sold at an average price of $231.96, for a total value of $347,940.00. Following the completion of the transaction, the vice president now directly owns 8,150 shares in the company, valued at $1,890,474. The disclosure for this sale can be found here. Corporate insiders own 0.80% of the company’s stock.
Humana Company Profile
Humana Inc is a health and well-being company. The Company’s segments include Retail, Group and Specialty, Healthcare Services and Individual Commercial. The Retail segment consists of Medicare benefits, as well as individual commercial fully insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and financial protection products.
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