Central Bank Trust Co Lowers stake in Humana Inc (HUM)

Humana Inc (HUM) : Central Bank Trust Co reduced its stake in Humana Inc by 3.17% during the most recent quarter end. The investment management company now holds a total of 19,485 shares of Humana Inc which is valued at $3,463,264 after selling 637 shares in Humana Inc , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Humana Inc makes up approximately 0.98% of Central Bank Trust Co’s portfolio.

Other Hedge Funds, Including , Advisory Services Network boosted its stake in HUM in the latest quarter, The investment management firm added 7 additional shares and now holds a total of 27 shares of Humana Inc which is valued at $4,799.Chevy Chase Trust Holdings reduced its stake in HUM by selling 2,923 shares or 2.27% in the most recent quarter. The Hedge Fund company now holds 125,772 shares of HUM which is valued at $22,362,262. Humana Inc makes up approx 0.12% of Chevy Chase Trust Holdings’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in HUM in the latest quarter, The investment management firm added 9,414 additional shares and now holds a total of 20,317 shares of Humana Inc which is valued at $3,612,363. Humana Inc makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.Eqis Capital Management boosted its stake in HUM in the latest quarter, The investment management firm added 872 additional shares and now holds a total of 10,423 shares of Humana Inc which is valued at $1,853,209. Humana Inc makes up approx 0.12% of Eqis Capital Management’s portfolio.Washington Trust Bank boosted its stake in HUM in the latest quarter, The investment management firm added 17 additional shares and now holds a total of 317 shares of Humana Inc which is valued at $56,363. Humana Inc makes up approx 0.01% of Washington Trust Bank’s portfolio.

Humana Inc opened for trading at $177.92 and hit $177.92 on the upside on Friday, eventually ending the session at $177.74, with a gain of 0.29% or 0.51 points. The heightened volatility saw the trading volume jump to 8,61,509 shares. Company has a market cap of $26,495 M.

On the company’s financial health, Humana Inc reported $2.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $2.28. The company had revenue of $14010.00 million for the quarter, compared to analysts expectations of $13593.82 million. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.67 EPS.

Investors should note that on Aug 25, 2016, Humana Inc announced a cash dividend of $0.2900. The company’s management has announced Oct 11, 2016 as the ex-dividend date and fixed the record date on Oct 13, 2016. The payable date has been fixed on Oct 28, 2016.

Many Wall Street Analysts have commented on Humana Inc. Shares were Reiterated by FBR Capital on Jul 22, 2016 to “Mkt Perform” and Lowered the Price Target to $ 170 from a previous price target of $220 .Company shares were Reiterated by RBC Capital Mkts on Jul 22, 2016 to “Outperform”, Firm has raised the Price Target to $ 224 from a previous price target of $220 .Jefferies Upgraded Humana Inc on Jul 18, 2016 to ” Buy”, Price Target of the shares are set at $210.

Humana Inc. (Humana) is a health and well-being company. The Company operates in three segments: Retail Employer Group and Healthcare Services. The Company’s medical and specialty insurance products allow members to access health care services through its network of health care providers. Its Retail Segment consists of products sold on a retail basis to individuals including medical and supplemental benefit plans. Its Employer Group segment consists of products sold to employer groups including medical and supplemental benefit plans as well as health and wellness products. Its Healthcare Services segment consists of businesses which offers services including pharmacy solutions provider services home-based services integrated behavioral health services and predictive modeling and informatics services to other Humana businesses as well as external health plan members external health plans and other employers or individuals.

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