Whitebox Advisors Lowers stake in Humana Inc (HUM)

Humana Inc (HUM) : Whitebox Advisors reduced its stake in Humana Inc by 29.94% during the most recent quarter end. The investment management company now holds a total of 175,507 shares of Humana Inc which is valued at $29,955,535 after selling 75,000 shares in Humana Inc , the firm said in a disclosure report filed with the SEC on May 3, 2016.Humana Inc makes up approximately 4.54% of Whitebox Advisors’s portfolio.

Other Hedge Funds, Including , Harfst Associates sold out all of its stake in HUM during the most recent quarter. The investment firm sold 556 shares of HUM which is valued $94,898.Barrett Asset Management reduced its stake in HUM by selling 325 shares or 4.82% in the most recent quarter. The Hedge Fund company now holds 6,420 shares of HUM which is valued at $1,136,789. Humana Inc makes up approx 0.10% of Barrett Asset Management’s portfolio.Commerce Bank boosted its stake in HUM in the latest quarter, The investment management firm added 53 additional shares and now holds a total of 3,228 shares of Humana Inc which is valued at $571,582. Humana Inc makes up approx 0.01% of Commerce Bank’s portfolio.Huntington National Bank reduced its stake in HUM by selling 1,744 shares or 10.03% in the most recent quarter. The Hedge Fund company now holds 15,643 shares of HUM which is valued at $2,769,906. Humana Inc makes up approx 0.07% of Huntington National Bank’s portfolio.

Humana Inc opened for trading at $171.59 and hit $174.22 on the upside on Tuesday, eventually ending the session at $173.54, with a gain of 1.32% or 2.26 points. The heightened volatility saw the trading volume jump to 5,83,969 shares. Company has a market cap of $25,864 M.

On the company’s financial health, Humana Inc reported $1.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on May 4, 2016. Analyst had a consensus of $1.81. The company had revenue of $13800.00 million for the quarter, compared to analysts expectations of $13802.44 million. The company’s revenue was down -.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.47 EPS.

Many Wall Street Analysts have commented on Humana Inc. Company shares were Reiterated by Stifel on May 5, 2016 to “Buy”, Firm has raised the Price Target to $ 220 from a previous price target of $209 .Company shares were Reiterated by RBC Capital Mkts on May 5, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 220 from a previous price target of $209 .

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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