Revenue Update on Humana Inc(NYSE:HUM)

Humana Inc(NYSE:HUM) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $14.01B. Analysts estimated a revenue of $13.61B. Earnings per share were $2.30. Analysts had estimated an EPS of $2.19.

In a different note, On Jul 21, 2016, Credit Suisse said it Maintains its rating on Humana Inc. In the research note, the firm Raises the price-target to $160.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jul 18, 2016, Jefferies said it Upgrades its rating on Humana Inc. In the research note, the firm Raises the price-target to $199.00 per share. The shares have been rated ‘Buy’ by the firm.

Humana Inc (HUM) made into the market gainers list on Fridays trading session with the shares advancing 0.43% or 0.77 points. Due to strong positive momentum, the stock ended at $180.86, which is also near the day’s high of $183.49. The stock began the session at $178.93 and the volume stood at 12,47,090 shares. The 52-week high of the shares is $192.49 and the 52 week low is $150. The company has a current market capitalization of $26,960 M and it has 14,90,67,340 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Feb 29, 2016, Brian P. Leclaire (SVP & Chief Information Off.) sold 183 shares at $176.11 per share price.Also, On Mar 12, 2015, James E Murray (EVP & COO) sold 35,220 shares at $160.93 per share price.On Feb 27, 2015, David A Jr/ky Jones (director) sold 6,100 shares at $165.39 per share price, according to the Form-4 filing with the securities and exchange commission.

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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