Humana Inc. (NYSE:HUM) Shares Bought by Treasurer of the State of North Carolina

Treasurer of the State of North Carolina lifted its holdings in shares of Humana Inc. (NYSE:HUM) by 3.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 79,444 shares of the insurance provider’s stock after purchasing an additional 2,340 shares during the quarter. Treasurer of the State of North Carolina owned about 0.07% of Humana worth $20,156,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in HUM. Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of Humana by 3.6% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,070 shares of the insurance provider’s stock worth $272,000 after buying an additional 37 shares during the last quarter. Atlas Brown Inc. raised its holdings in shares of Humana by 0.6% in the 4th quarter. Atlas Brown Inc. now owns 6,352 shares of the insurance provider’s stock worth $1,611,000 after purchasing an additional 38 shares during the period. Mather Group LLC. lifted its stake in shares of Humana by 21.0% in the 4th quarter. Mather Group LLC. now owns 236 shares of the insurance provider’s stock valued at $60,000 after purchasing an additional 41 shares in the last quarter. Capital Advisors Ltd. LLC grew its holdings in shares of Humana by 26.1% during the 4th quarter. Capital Advisors Ltd. LLC now owns 208 shares of the insurance provider’s stock worth $53,000 after purchasing an additional 43 shares during the period. Finally, Retirement Planning Co of New England Inc. increased its position in Humana by 4.7% during the 4th quarter. Retirement Planning Co of New England Inc. now owns 966 shares of the insurance provider’s stock worth $245,000 after purchasing an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 92.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HUM. Mizuho lifted their target price on shares of Humana from $305.00 to $316.00 and gave the company an “outperform” rating in a report on Wednesday. StockNews.com raised Humana from a “hold” rating to a “buy” rating in a research report on Monday, April 7th. Royal Bank of Canada reiterated an “outperform” rating and set a $283.00 target price on shares of Humana in a report on Wednesday, February 12th. Truist Financial upped their price target on Humana from $290.00 to $325.00 and gave the stock a “hold” rating in a report on Friday. Finally, Barclays increased their price objective on shares of Humana from $270.00 to $322.00 and gave the company an “equal weight” rating in a research report on Friday. Seventeen investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Humana currently has a consensus rating of “Hold” and a consensus price target of $288.60.

Humana Stock Up 1.6 %

HUM stock opened at $294.97 on Friday. The firm has a fifty day moving average price of $265.55 and a two-hundred day moving average price of $270.65. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.76 and a quick ratio of 1.76. Humana Inc. has a 1-year low of $213.31 and a 1-year high of $406.46. The firm has a market cap of $35.60 billion, a price-to-earnings ratio of 29.65, a PEG ratio of 2.05 and a beta of 0.62.

Humana (NYSE:HUM) last released its quarterly earnings data on Tuesday, February 11th. The insurance provider reported ($2.16) earnings per share for the quarter, topping the consensus estimate of ($2.26) by $0.10. Humana had a net margin of 1.02% and a return on equity of 11.70%. Research analysts predict that Humana Inc. will post 16.47 EPS for the current year.

Humana Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, March 28th will be given a dividend of $0.885 per share. The ex-dividend date is Friday, March 28th. This represents a $3.54 dividend on an annualized basis and a yield of 1.20%. Humana’s dividend payout ratio is currently 35.58%.

Humana 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.