Nomura Asset Management Co. Ltd. raised its stake in Humana Inc (NYSE:HUM) by 72.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,267 shares of the insurance provider’s stock after buying an additional 22,305 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Humana were worth $12,978,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of HUM. Koch Industries Inc. acquired a new stake in shares of Humana in the second quarter valued at approximately $404,000. Adviser Investments LLC acquired a new stake in Humana during the third quarter worth approximately $635,000. Teachers Advisors LLC boosted its position in Humana by 31.6% during the second quarter. Teachers Advisors LLC now owns 630,835 shares of the insurance provider’s stock worth $151,792,000 after acquiring an additional 151,603 shares during the last quarter. Prisma Capital Partners LP acquired a new stake in Humana during the second quarter worth approximately $7,122,000. Finally, Federated Investors Inc. PA boosted its position in Humana by 608.1% during the second quarter. Federated Investors Inc. PA now owns 34,626 shares of the insurance provider’s stock worth $8,331,000 after acquiring an additional 29,736 shares during the last quarter. 94.19% of the stock is owned by institutional investors.

Shares of Humana Inc (HUM) traded up $1.06 on Wednesday, hitting $253.34. 927,700 shares of the company’s stock were exchanged, compared to its average volume of 1,384,502. The firm has a market cap of $36,040.74, a price-to-earnings ratio of 21.53, a PEG ratio of 1.73 and a beta of 0.88. Humana Inc has a 52 week low of $186.25 and a 52 week high of $264.56. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.61 and a current ratio of 1.61.

Humana (NYSE:HUM) last issued its earnings results on Wednesday, November 8th. The insurance provider reported $3.39 EPS 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 the consensus estimate of $13.41 billion. During the same quarter last year, the firm posted $3.18 EPS. The business’s revenue for the quarter was down 3.0% compared to the same quarter last year. equities research analysts anticipate that Humana Inc will post 11.63 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Friday, December 29th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date is Thursday, December 28th. Humana’s dividend payout ratio is presently 12.59%.

A number of analysts recently issued reports on HUM shares. Credit Suisse Group decreased their target price on shares of Humana from $256.00 to $246.00 and set a “neutral” rating on the stock in a research report on Friday, November 10th. ValuEngine lowered shares of Humana from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. BidaskClub upgraded shares of Humana from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Jefferies Group restated a “hold” rating and set a $257.00 target price on shares of Humana in a research report on Friday, October 13th. Finally, BMO Capital Markets raised their target price on shares of Humana from $290.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. Twelve investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $255.45.

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About Humana

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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Institutional Ownership by Quarter for Humana (NYSE:HUM)

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