How Credit Suisse Currently Rates Humana (NYSE:HUM)
Credit Suisse have commenced coverage its coverage on Humana (NYSE:HUM), today 16 December. The financial firm finds the stock of Humana (NYSE:HUM) attractive and has given it Neutral rating.
From a total of 15 analysts covering Humana (NYSE:HUM) stock, 6 rate it a ”Buy”, 0 a “Sell”, and 11 a ”Hold”. This means that 35% of the ratings are positive. The highest target price is $230 while the lowest target price is $147. The mean of all analyst targets is $203.73 with a 15.25% above today’s ($177) stock price. Humana was the topic of 4 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on November 9 with “Sector Perform” rating. Barclays Capital maintained HUM stock in a recent report from July 30 with “Equal Weight” rating.
Approximately 141,491 shares of stock traded hands. Humana Inc (NYSE:HUM) has risen 1.24% since May 13, 2015 and is uptrending. It has outperformed by 3.87% the S&P500.
The overall sentiment of institutions has decreased to 0.75 in Q2 2015. Its down 0.16, from 0.91 in 2015Q2. The ratio turned negative, as 114 institutions have sold all the shares of Humana Inc that they owned while 197 funds have taken shares off the table. 54 funds have purchased shares for the first time while 180 added to their positions. These institutions now hold 146.05 million shares or 5.68% more than the 138.20 million shares they owned in 2015Q2.
The Fund Halcyon Management Partners Lp currently is holding shares equating to 18.82% of its total portfolio in Humana Inc representing a total of 410,228 shares. Another fund,Jet Capital Investors L P, is holding a total of 916,383 shares equating to 10.46% of their holdings. Additionally, Andromeda Capital Llc has a 12,000 share stake in Humana Inc which represents 6.76% of their total portfolio. The Fund, Glenview Capital Management Llc, based out of New York, has also built up a stake in the stock, which represents a total of 5.89% of their total portfolio. Finally Alpine Associates Management Inc., a fund which is based in the state of New Jersey reported a total holdings of 766,700 shares.
Humana Inc. is a health and well-being company. The company has a market cap of $26.04 billion. The Firm operates in three divisions: Retail, Employer Group and Healthcare Services. It has 20.33 P/E ratio. The Company’s medical and specialty insurance products allow members to access health care services through its network of health care providers.
According to Zacks Investment Research, “Humana, Inc. is a health services company that facilitates the delivery of health care services through networks of providers to its medical members. The company’s products are marketed primarily through health maintenance organizations and preferred provider organizations that encourage or require the use of contracted providers. The company also offers various specialty products to employers, including dental, group life and workers’ compensation, and administrative services to those who self-insure their employee health plans.”