Kentucky Retirement Systems Has $3.22 Million Holdings in Humana Inc. (NYSE:HUM)

Kentucky Retirement Systems cut its holdings in Humana Inc. (NYSE:HUM) by 5.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,282 shares of the insurance provider’s stock after selling 568 shares during the period. Kentucky Retirement Systems’ holdings in Humana were worth $3,218,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Aurora Investment Counsel grew its stake in shares of Humana by 1.3% in the fourth quarter. Aurora Investment Counsel now owns 2,273 shares of the insurance provider’s stock valued at $1,155,000 after acquiring an additional 29 shares in the last quarter. Signaturefd LLC grew its stake in shares of Humana by 1.2% in the fourth quarter. Signaturefd LLC now owns 2,634 shares of the insurance provider’s stock valued at $1,206,000 after acquiring an additional 30 shares in the last quarter. Brighton Jones LLC grew its stake in shares of Humana by 6.8% in the fourth quarter. Brighton Jones LLC now owns 470 shares of the insurance provider’s stock valued at $215,000 after acquiring an additional 30 shares in the last quarter. Merit Financial Group LLC grew its stake in shares of Humana by 2.1% in the fourth quarter. Merit Financial Group LLC now owns 1,770 shares of the insurance provider’s stock valued at $810,000 after acquiring an additional 37 shares in the last quarter. Finally, EP Wealth Advisors LLC grew its stake in Humana by 1.6% during the fourth quarter. EP Wealth Advisors LLC now owns 2,294 shares of the insurance provider’s stock worth $1,050,000 after buying an additional 37 shares in the last quarter. 92.38% of the stock is currently owned by institutional investors and hedge funds.

Humana Trading Down 0.2 %

Humana stock traded down $0.94 during mid-day trading on Monday, hitting $391.69. 540,825 shares of the stock were exchanged, compared to its average volume of 1,728,683. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.77. Humana Inc. has a 12 month low of $298.61 and a 12 month high of $530.54. The firm’s fifty day simple moving average is $365.66 and its two-hundred day simple moving average is $347.02. The stock has a market capitalization of $47.20 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 2.27 and a beta of 0.51.

Wall Street Analyst Weigh In

HUM has been the topic of a number of analyst reports. Oppenheimer reduced their price objective on shares of Humana from $415.00 to $370.00 and set an “outperform” rating on the stock in a research note on Thursday, April 25th. Baird R W upgraded shares of Humana to a “hold” rating in a research note on Thursday, May 30th. UBS Group reduced their price objective on shares of Humana from $334.00 to $326.00 and set a “neutral” rating on the stock in a research note on Thursday, April 25th. Truist Financial increased their price objective on shares of Humana from $355.00 to $400.00 and gave the stock a “hold” rating in a research note on Monday, July 15th. Finally, Wells Fargo & Company reduced their price objective on shares of Humana from $413.00 to $350.00 and set an “overweight” rating on the stock in a research note on Monday, April 8th. Fourteen research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $402.60.

About Humana

Humana Inc, together with its subsidiaries, provides medical and specialty insurance products in the United States. It operates through two segments, Insurance and CenterWell. The company offers medical and supplemental benefit plans to individuals. It has a contract with Centers for Medicare and Medicaid Services to administer the Limited Income Newly Eligible Transition prescription drug plan program; and contracts with various states to provide Medicaid, dual eligible, and long-term support services benefits.