AMG National Trust Bank Buys 8,744 Shares of Humana Inc. $HUM

AMG National Trust Bank increased its stake in shares of Humana Inc. (NYSE:HUM) by 106.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 16,953 shares of the insurance provider’s stock after acquiring an additional 8,744 shares during the period. AMG National Trust Bank’s holdings in Humana were worth $4,411,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HUM. Bridgewater Advisors Inc. raised its holdings in Humana by 9.1% in the 3rd quarter. Bridgewater Advisors Inc. now owns 1,131 shares of the insurance provider’s stock worth $284,000 after acquiring an additional 94 shares during the period. China Universal Asset Management Co. Ltd. acquired a new stake in shares of Humana in the third quarter valued at about $261,000. Northern Financial Advisors Inc bought a new position in shares of Humana in the third quarter worth about $279,000. Pekin Hardy Strauss Inc. lifted its position in shares of Humana by 0.9% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 34,888 shares of the insurance provider’s stock worth $9,077,000 after purchasing an additional 301 shares during the last quarter. Finally, Synovus Financial Corp lifted its position in shares of Humana by 2.0% during the 3rd quarter. Synovus Financial Corp now owns 2,278 shares of the insurance provider’s stock worth $593,000 after purchasing an additional 45 shares during the last quarter. 92.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Raymond James Financial lowered their target price on Humana from $340.00 to $230.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Cantor Fitzgerald lowered their price objective on shares of Humana from $290.00 to $201.00 and set a “neutral” rating on the stock in a research note on Thursday, February 12th. TD Cowen dropped their target price on shares of Humana from $260.00 to $173.00 and set a “hold” rating on the stock in a research report on Friday, February 13th. Wolfe Research increased their price target on shares of Humana from $300.00 to $325.00 and gave the company an “outperform” rating in a report on Thursday, January 8th. Finally, Morgan Stanley set a $146.00 price objective on shares of Humana in a report on Thursday, February 12th. Seven research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $228.48.

Humana Stock Down 0.3%

Shares of NYSE HUM opened at $189.95 on Friday. The company has a quick ratio of 2.02, a current ratio of 2.00 and a debt-to-equity ratio of 0.70. The company has a market cap of $22.85 billion, a price-to-earnings ratio of 19.34, a price-to-earnings-growth ratio of 2.04 and a beta of 0.44. Humana Inc. has a 12-month low of $169.61 and a 12-month high of $315.35. The firm’s 50-day simple moving average is $237.44 and its 200 day simple moving average is $258.73.

Humana (NYSE:HUM) last posted its quarterly earnings data on Wednesday, February 11th. The insurance provider reported ($3.96) earnings per share (EPS) for the quarter, topping the consensus estimate of ($4.01) by $0.05. The firm had revenue of $32.64 billion for the quarter, compared to the consensus estimate of $32.08 billion. Humana had a return on equity of 11.43% and a net margin of 0.92%.The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($2.16) EPS. Humana has set its FY 2026 guidance at 9.000-9.000 EPS. On average, research analysts expect that Humana Inc. will post 16.47 earnings per share for the current fiscal year.

Humana Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Friday, March 27th will be issued a $0.885 dividend. This represents a $3.54 annualized dividend and a yield of 1.9%. The ex-dividend date is Friday, March 27th. Humana’s dividend payout ratio is currently 36.05%.

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.