Humana (HUM) : Traders are bullish on Humana (HUM) as it has outperformed the S&P 500 by a wide margin of 12.66% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.01%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.06% in the last 1 week, and is up 13.83% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 5.66% and the 50-Day Moving Average is 2.68%. Humana (NYSE:HUM): stock turned positive on Friday. Though the stock opened at $178.93, the bulls momentum made the stock top out at $183.49 level for the day. The stock recorded a low of $178.53 and closed the trading day at $180.86, in the green by 0.43%. The total traded volume for the day was 1,247,090. The stock had closed at $180.09 in the previous days trading.
The company Insiders own 0.5% of Humana shares according to the proxy statements. Institutional Investors own 90.58% of Humana shares. Also, Barclays maintains its rating on Humana (NYSE:HUM). The global brokerage major lowers the current price target from $193 per share to $191 per share. Analysts at the Barclays have a current rating of Equal-weight on the shares. The rating by the firm was issued on August 4, 2016.
Humana Inc. (Humana) is a health and well-being company. The Company operates in three segments: Retail, Employer Group and Healthcare Services. The Companys 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.