Humana Inc. (NYSE:HUM – Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 2,570,000 shares, a decrease of 14.6% from the June 30th total of 3,010,000 shares. Approximately 2.1% of the company’s stock are short sold. Based on an average daily trading volume, of 1,460,000 shares, the short-interest ratio is presently 1.8 days.
Humana Price Performance
Shares of HUM traded down $42.91 during mid-day trading on Wednesday, reaching $361.61. 4,286,016 shares of the company’s stock were exchanged, compared to its average volume of 1,751,912. 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 has a 52-week low of $298.61 and a 52-week high of $530.54. The company has a market cap of $43.57 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 2.27 and a beta of 0.51. The company has a 50-day simple moving average of $367.48 and a two-hundred day simple moving average of $347.60.
Institutional Trading of Humana
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank purchased a new stake in shares of Humana in the fourth quarter valued at $676,800,000. Sanders Capital LLC acquired a new position in shares of Humana during the 4th quarter valued at about $489,300,000. Ontario Teachers Pension Plan Board lifted its holdings in shares of Humana by 11,647.2% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 1,059,478 shares of the insurance provider’s stock worth $367,342,000 after acquiring an additional 1,050,459 shares during the period. Dimensional Fund Advisors LP grew its holdings in Humana by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 984,618 shares of the insurance provider’s stock valued at $450,749,000 after purchasing an additional 8,164 shares during the period. Finally, Janus Henderson Group PLC increased its position in Humana by 47.4% during the first quarter. Janus Henderson Group PLC now owns 975,097 shares of the insurance provider’s stock worth $338,026,000 after purchasing an additional 313,530 shares during the last quarter. 92.38% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Get Our Latest Stock Analysis on HUM
Humana Company Profile
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.
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