Integrated Advisors Network LLC Has $213,000 Stake in Humana Inc. (NYSE:HUM)

Integrated Advisors Network LLC decreased its position in Humana Inc. (NYSE:HUM) by 81.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 466 shares of the insurance provider’s stock after selling 1,999 shares during the quarter. Integrated Advisors Network LLC’s holdings in Humana were worth $213,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Neo Ivy Capital Management bought a new position in Humana during the fourth quarter worth about $952,000. V Square Quantitative Management LLC grew its holdings in Humana by 36.6% during the fourth quarter. V Square Quantitative Management LLC now owns 2,022 shares of the insurance provider’s stock worth $926,000 after purchasing an additional 542 shares during the period. Quarry LP grew its holdings in Humana by 195.2% during the fourth quarter. Quarry LP now owns 124 shares of the insurance provider’s stock worth $57,000 after purchasing an additional 82 shares during the period. Aurora Investment Counsel grew its holdings in Humana by 1.3% during the fourth quarter. Aurora Investment Counsel now owns 2,273 shares of the insurance provider’s stock worth $1,155,000 after purchasing an additional 29 shares during the period. Finally, PARUS FINANCE UK Ltd boosted its holdings in shares of Humana by 2.3% during the fourth quarter. PARUS FINANCE UK Ltd now owns 10,923 shares of the insurance provider’s stock worth $5,001,000 after acquiring an additional 250 shares during the period. Institutional investors and hedge funds own 92.38% of the company’s stock.

Wall Street Analysts Forecast Growth

HUM has been the subject of a number of research analyst reports. Baird R W upgraded Humana to a “hold” rating in a report on Thursday, May 30th. Jefferies Financial Group reduced their price objective on Humana from $411.00 to $381.00 and set a “buy” rating for the company in a report on Monday, April 22nd. Argus cut Humana from a “buy” rating to a “hold” rating in a report on Wednesday, March 13th. Raymond James initiated coverage on Humana in a report on Friday, March 22nd. They set a “market perform” rating for the company. Finally, The Goldman Sachs Group reduced their price objective on Humana from $450.00 to $385.00 and set a “buy” rating for the company in a report on Wednesday, April 3rd. Thirteen analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $423.63.

Humana Stock Down 1.6 %

Shares of HUM opened at $349.55 on Thursday. Humana Inc. has a one year low of $298.61 and a one year high of $530.54. The company has a market cap of $42.12 billion, a P/E ratio of 21.77, a P/E/G ratio of 2.08 and a beta of 0.53. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.67 and a quick ratio of 1.67. The firm has a 50 day simple moving average of $338.49 and a two-hundred day simple moving average of $356.83.

Humana (NYSE:HUM) last announced its quarterly earnings results on Wednesday, April 24th. The insurance provider reported $7.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.12 by $1.11. The company had revenue of $29.61 billion during the quarter, compared to the consensus estimate of $28.52 billion. Humana had a net margin of 1.82% and a return on equity of 17.76%. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period in the prior year, the business earned $9.38 earnings per share. Research analysts forecast that Humana Inc. will post 16.07 EPS for the current fiscal year.

Humana Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 26th. Stockholders of record on Friday, June 28th will be issued a dividend of $0.885 per share. The ex-dividend date is Friday, June 28th. This represents a $3.54 annualized dividend and a dividend yield of 1.01%. Humana’s dividend payout ratio (DPR) is presently 22.04%.

Humana Company Profile

Humana Inc, together with its subsidiaries, provides medical and specialty insurance products in the United States. It operates through two segments, Insurance and CenterWell. The company offers medical and supplemental benefit plans to individuals. It has a contract with Centers for Medicare and Medicaid Services to administer the Limited Income Newly Eligible Transition prescription drug plan program; and contracts with various states to provide Medicaid, dual eligible, and long-term support services benefits.