UniSuper Management Pty Ltd Purchases 2,398 Shares of Humana Inc. $HUM

UniSuper Management Pty Ltd grew its holdings in Humana Inc. (NYSE:HUM) by 19.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 14,575 shares of the insurance provider’s stock after acquiring an additional 2,398 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Humana were worth $3,792,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Elevation Point Wealth Partners LLC acquired a new stake in Humana in the 2nd quarter valued at approximately $32,000. Mather Group LLC. acquired a new stake in shares of Humana in the third quarter worth $34,000. Private Wealth Management Group LLC increased its position in Humana by 47.5% during the third quarter. Private Wealth Management Group LLC now owns 149 shares of the insurance provider’s stock worth $39,000 after acquiring an additional 48 shares during the period. AlphaCore Capital LLC acquired a new position in Humana during the 2nd quarter valued at $39,000. Finally, SJS Investment Consulting Inc. raised its stake in Humana by 19,300.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 194 shares of the insurance provider’s stock valued at $50,000 after purchasing an additional 193 shares during the last quarter. Institutional investors and hedge funds own 92.38% of the company’s stock.

Analyst Ratings Changes

HUM has been the topic of several research analyst reports. The Goldman Sachs Group decreased their price target on shares of Humana from $235.00 to $215.00 and set a “sell” rating on the stock in a research report on Monday, November 24th. Bank of America boosted their price target on Humana from $280.00 to $300.00 and gave the company a “neutral” rating in a research note on Friday, October 10th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $344.00 price target on shares of Humana in a report on Tuesday, January 6th. Truist Financial decreased their price objective on Humana from $300.00 to $285.00 and set a “hold” rating on the stock in a report on Monday, November 10th. Finally, Jefferies Financial Group upgraded Humana from a “hold” rating to a “buy” rating and boosted their price objective for the company from $253.00 to $313.00 in a research report on Friday, December 5th. Eight equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $293.37.

Humana Trading Down 1.2%

Shares of HUM opened at $263.23 on Tuesday. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.68. The stock has a market cap of $31.66 billion, a PE ratio of 24.67, a PEG ratio of 2.19 and a beta of 0.45. Humana Inc. has a 1 year low of $206.87 and a 1 year high of $315.35. The stock has a 50 day simple moving average of $258.84 and a 200-day simple moving average of $265.08.

Humana (NYSE:HUM) last announced its quarterly earnings results on Wednesday, November 5th. The insurance provider reported $3.24 EPS for the quarter, beating the consensus estimate of $2.95 by $0.29. Humana had a return on equity of 12.86% and a net margin of 1.02%.The business had revenue of $32.65 billion for the quarter, compared to analyst estimates of $31.99 billion. During the same quarter in the previous year, the firm earned $4.16 EPS. Humana’s quarterly revenue was up 11.1% on a year-over-year basis. On average, sell-side analysts predict that Humana Inc. will post 16.47 EPS for the current fiscal year.

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.