Oregon Public Employees Retirement Fund Has $3.58 Million Holdings in Humana Inc. $HUM

Oregon Public Employees Retirement Fund increased its stake in shares of Humana Inc. (NYSE:HUM) by 32.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,750 shares of the insurance provider’s stock after buying an additional 3,379 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Humana were worth $3,577,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Elevation Point Wealth Partners LLC acquired a new position in Humana during the second quarter worth $32,000. Mather Group LLC. acquired a new stake in shares of Humana in the 3rd quarter valued at $34,000. Private Wealth Management Group LLC grew its holdings in shares of Humana by 47.5% in the 3rd quarter. Private Wealth Management Group LLC now owns 149 shares of the insurance provider’s stock worth $39,000 after purchasing an additional 48 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in shares of Humana during the 2nd quarter worth about $39,000. Finally, SJS Investment Consulting Inc. lifted its holdings 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.

Wall Street Analyst Weigh In

Several brokerages have weighed in on HUM. Wells Fargo & Company cut shares of Humana from an “overweight” rating to a “cautious” rating in a research note on Wednesday. Morgan Stanley restated an “underperform” rating on shares of Humana in a research report on Thursday, December 18th. Mizuho lifted their price objective on Humana from $300.00 to $345.00 and gave the company an “outperform” rating in a research report on Thursday, October 9th. Sanford C. Bernstein restated an “outperform” rating and set a $344.00 target price on shares of Humana in a report on Tuesday, January 6th. Finally, KeyCorp restated a “sector weight” rating on shares of Humana in a research note on Friday, December 12th. Eight 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. According to data from MarketBeat.com, Humana has a consensus rating of “Hold” and an average price target of $292.05.

Humana Stock Down 0.3%

Shares of HUM opened at $276.79 on Monday. The business’s fifty day moving average price is $254.30 and its two-hundred day moving average price is $262.64. The firm has a market capitalization of $33.29 billion, a price-to-earnings ratio of 25.94, a PEG ratio of 2.28 and a beta of 0.45. Humana Inc. has a 52 week low of $206.87 and a 52 week high of $315.35. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.02 and a current ratio of 2.02.

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

Humana Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, December 26th will be paid a $0.885 dividend. This represents a $3.54 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, December 26th. Humana’s dividend payout ratio (DPR) is 33.18%.

About Humana

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.