Humana Inc. (HUM) Shares Sold by Teacher Retirement System of Texas
Teacher Retirement System of Texas cut its stake in Humana Inc. (NYSE:HUM) by 6.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,570 shares of the insurance provider’s stock after selling 7,161 shares during the quarter. Teacher Retirement System of Texas owned 0.07% of Humana worth $25,233,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Humana by 1.6% in the second quarter. Vanguard Group Inc. now owns 9,892,635 shares of the insurance provider’s stock worth $2,380,366,000 after acquiring an additional 157,868 shares during the period. FMR LLC grew its position in Humana by 29.3% during the second quarter. FMR LLC now owns 6,530,063 shares of the insurance provider’s stock valued at $1,571,264,000 after buying an additional 1,479,210 shares during the period. Capital Research Global Investors grew its position in Humana by 9.7% during the second quarter. Capital Research Global Investors now owns 3,907,333 shares of the insurance provider’s stock valued at $940,182,000 after buying an additional 346,069 shares during the period. Renaissance Technologies LLC grew its position in Humana by 1.5% during the second quarter. Renaissance Technologies LLC now owns 2,731,100 shares of the insurance provider’s stock valued at $657,157,000 after buying an additional 39,400 shares during the period. Finally, Bank of New York Mellon Corp grew its position in Humana by 2.7% during the second quarter. Bank of New York Mellon Corp now owns 2,016,141 shares of the insurance provider’s stock valued at $485,124,000 after buying an additional 53,664 shares during the period. Hedge funds and other institutional investors own 96.15% of the company’s stock.
In other news, VP Timothy S. Huval sold 7,803 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $258.14, for a total value of $2,014,266.42. Following the transaction, the vice president now directly owns 8,831 shares in the company, valued at $2,279,634.34. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Elizabeth D. Bierbower sold 9,786 shares of the company’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $259.00, for a total transaction of $2,534,574.00. Following the completion of the transaction, the insider now owns 18,042 shares in the company, valued at $4,672,878. The disclosure for this sale can be found here. Insiders have sold 20,660 shares of company stock worth $5,319,600 in the last quarter. Company insiders own 0.80% of the company’s stock.
Several analysts recently issued reports on HUM shares. UBS AG restated a “neutral” rating and set a $250.00 target price (up from $237.00) on shares of Humana in a research report on Wednesday, August 9th. Zacks Investment Research lowered shares of Humana from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. BidaskClub upgraded shares of Humana from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. Cantor Fitzgerald restated a “neutral” rating and set a $223.00 target price (up from $200.00) on shares of Humana in a research report on Thursday, August 3rd. Finally, Jefferies Group LLC restated a “hold” rating and set a $257.00 target price on shares of Humana in a research report on Friday, August 4th. Thirteen equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $252.81.
Humana Inc. (NYSE HUM) traded down $1.38 during mid-day trading on Wednesday, reaching $239.56. 1,925,400 shares of the company’s stock were exchanged, compared to its average volume of 1,379,490. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.61 and a quick ratio of 1.61. Humana Inc. has a fifty-two week low of $186.25 and a fifty-two week high of $264.56. The company has a market capitalization of $34,420.71, a PE ratio of 20.56, a price-to-earnings-growth ratio of 1.66 and a beta of 0.91.
Humana (NYSE:HUM) last posted its quarterly earnings data on Wednesday, November 8th. The insurance provider reported $3.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of $3.27 by $0.12. Humana had a net margin of 3.49% and a return on equity of 15.99%. The business had revenue of $13.28 billion for the quarter, compared to analysts’ expectations of $13.41 billion. During the same quarter in the previous year, the business posted $3.18 earnings per share. The business’s revenue was down 3.0% compared to the same quarter last year. equities research analysts forecast that Humana Inc. will post 11.63 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Shareholders of record on Friday, December 29th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Thursday, December 28th. Humana’s dividend payout ratio (DPR) is 12.59%.
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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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