Gabelli Securities Inc increased its stake in Humana Inc Com (HUM) by 18.02% based on its latest 2016Q3 regulatory filing with the SEC. Gabelli Securities Inc bought 19,925 shares as the company’s stock rose 1.66% with the market. The hedge fund held 130,475 shares of the medical specialities company at the end of 2016Q3, valued at $23.08M, up from 110,550 at the end of the previous reported quarter. Gabelli Securities Inc who had been investing in Humana Inc Com for a number of months, seems to be bullish on the $29.98B market cap company. The stock is up 1.08% or $2.18 after the positive news, hitting $203.13 per share. About 1.11 million shares traded hands. Humana Inc (NYSE:HUM) has risen 6.66% since June 7, 2016 and is uptrending. It has underperformed by 0.76% the S&P500.
Gabelli Securities Inc is a New York-based hedge fund with more than $1.30 billion AUM in March, 2014. Taken from Gabelli Securities latest Adv, the fund reported to have 19 full and part-time employees. Among which 4 performing investment advisory and research functions. The hedge fund had between 11-25 clients.
Insitutional Activity: The institutional sentiment decreased to 0.91 in Q3 2016. Its down 0.19, from 1.1 in 2016Q2. The ratio fall, as 67 funds sold all HUM shares owned while 187 reduced positions. 74 funds bought stakes while 157 increased positions. They now own 132.64 million shares or 2.22% less from 135.64 million shares in 2016Q2. First Quadrant Ltd Partnership Ca holds 26,567 shares or 0.1% of its portfolio. Lpl Fincl Ltd Liability Corporation accumulated 0.02% or 12,590 shares. Northern Corp accumulated 0.09% or 1.61 million shares. Atlas Browninc, a Kentucky-based fund reported 4,381 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt accumulated 0.06% or 34,700 shares. Regions Fincl Corporation has 0% invested in the company for 2,134 shares. Bbr Prtn Ltd Liability Corp owns 133,838 shares or 3.94% of their US portfolio. Argi Svcs holds 0.09% or 5,602 shares in its portfolio. Transamerica Advsrs Inc holds 0% or 5 shares in its portfolio. Reynders Mcveigh Ltd Llc accumulated 3,325 shares or 0.09% of the stock. Cap Int Invsts holds 0.14% of its portfolio in Humana Inc (NYSE:HUM) for 538,000 shares. Henderson Grp Plc holds 0.02% of its portfolio in Humana Inc (NYSE:HUM) for 18,556 shares. Rothschild Asset Mgmt holds 3,998 shares or 0.01% of its portfolio. Panagora Asset Mgmt accumulated 0.01% or 10,517 shares. Columbus Hill Cap Mngmt Ltd Partnership holds 118,504 shares or 2.23% of its portfolio.
More important recent Humana Inc (NYSE:HUM) news were published by: Nasdaq.com which released: “Humana Inc. (HUM) Ex-Dividend Date Scheduled for January 10, 2017” on January 09, 2017, also Investorplace.com published article titled: “Why Twilio Inc (TWLO), Humana Inc (HUM) and Nvidia Corporation (NVDA) Are 3 of …”, Streetinsider.com published: “Form 4 HUMANA INC For: Jan 06 Filed by: HUNTER CHRISTOPHER H.” on January 10, 2017. More interesting news about Humana Inc (NYSE:HUM) was released by: Bloomberg.com and their article: “Aetna Fight for Humana Awaits Judge’s Ruling in U.S. Case” with publication date: December 30, 2016.
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.”
Humana Inc (NYSE:HUM) Ratings Coverage
Out of 10 analysts covering Humana (NYSE:HUM), 6 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 60% are positive. Humana has been the topic of 20 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of Humana Inc (NYSE:HUM) earned “Buy” rating by Evercore on Friday, September 23. As per Tuesday, September 8, the company rating was maintained by RBC Capital Markets. The firm earned “Mkt Perform” rating on Friday, July 22 by FBR Capital. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, November 9. The stock of Humana Inc (NYSE:HUM) earned “Buy” rating by Jefferies on Monday, July 18. As per Friday, July 8, the company rating was downgraded by JP Morgan. The company was maintained on Tuesday, August 16 by Credit Suisse. The stock has “Overweight” rating given by JP Morgan on Thursday, November 10. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, August 4 report. The firm has “Overweight” rating by JP Morgan given on Wednesday, September 16.
HUM Company Profile
Humana Inc. (Humana), incorporated on July 27, 1964, is a health and well-being company. The Company’s medical and specialty insurance products allow members to access healthcare services primarily through its networks of healthcare providers. The Company’s divisions include Retail, Group, Healthcare Services and Other Businesses. The Retail segment consists of Medicare benefits, marketed to individuals or directly via group accounts, as well as individual commercial fully-insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and financial protection products. The Group segment consists of employer group commercial fully-insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and voluntary insurance benefits, as well as administrative services only (ASO) products. The Healthcare Services segment includes services offered to its health plan members, as well as to third parties, including pharmacy solutions, well-known provider services, home services and clinical programs, as well as services and capabilities to advance population health. The Other Businesses segment includes its closed-block long-term care insurance policies.
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