Humana Inc (HUM) is Downgraded by JP Morgan to Neutral, Lowers Price Target to $ 150

Humana Inc (HUM) was Downgraded by JP Morgan to ” Neutral” while Lowering the Price Target of the company shares to $ 150 from a previous price target of $196 . Earlier the firm had a rating of “Overweight ” on the company shares. JP Morgan advised their investors in a research report released on Jul 8, 2016.

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 .

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.

Humana Inc opened for trading at $173.68 and hit $177.66 on the upside on Tuesday, eventually ending the session at $177.21, with a gain of 1.84% or 3.21 points. The heightened volatility saw the trading volume jump to 13,81,403 shares. Company has a market cap of $26,411 M.

In a different news, on Feb 29, 2016, Brian P. Leclaire (SVP & Chief Information Off.) sold 183 shares at $176.11 per share price. According to the SEC, 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.

Humana Inc

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