Could Humana Inc Increase After Today’s Tip From Option Traders?

 Could Humana Inc Increase After Today's Tip From Option Traders?

In today’s session Humana Inc (HUM) recorded an unusually high (302) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious HUM decrease. With 302 contracts traded and 59964 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: HUM170120P00135000 closed last at: $2 or 20% down. About 243,500 shares traded hands. Humana Inc (NYSE:HUM) has declined 7.62% since March 15, 2016 and is downtrending. It has underperformed by 13.11% the S&P500.

Analysts await Humana Inc (NYSE:HUM) to report earnings on November, 4. They expect $2.87 earnings per share, up 32.87% or $0.71 from last year’s $2.16 per share. HUM’s profit will be $425.55 million for 15.05 P/E if the $2.87 EPS becomes a reality. After $2.30 actual earnings per share reported by Humana Inc for the previous quarter, Wall Street now forecasts 24.78% EPS growth.

Humana Inc (NYSE:HUM) Ratings Coverage

Out of 7 analysts covering Humana (NYSE:HUM), 2 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 29% are positive. Humana has been the topic of 15 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm earned “Overweight” rating on Wednesday, September 16 by JP Morgan. The stock of Humana Inc (NYSE:HUM) earned “Neutral” rating by Credit Suisse on Tuesday, August 16. The firm earned “Buy” rating on Friday, September 23 by Evercore. The stock of Humana Inc (NYSE:HUM) has “Sector Perform” rating given on Monday, November 9 by RBC Capital Markets. Jefferies maintained it with “Buy” rating and $217 target price in Thursday, August 4 report. Jefferies upgraded Humana Inc (NYSE:HUM) on Monday, July 18 to “Buy” rating. FBR Capital maintained Humana Inc (NYSE:HUM) on Friday, July 22 with “Mkt Perform” rating. RBC Capital Markets maintained Humana Inc (NYSE:HUM) on Tuesday, September 8 with “Sector Perform” rating. The rating was maintained by RBC Capital Markets on Friday, July 22 with “Outperform”. On Thursday, July 30 the stock rating was maintained by Barclays Capital with “Equal Weight”.

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.”

Insitutional Activity: The institutional sentiment increased to 1.1 in 2016 Q2. Its up 0.10, from 1 in 2016Q1. The ratio is positive, as 43 funds sold all Humana Inc shares owned while 172 reduced positions. 59 funds bought stakes while 178 increased positions. They now own 135.64 million shares or 4.91% less from 142.65 million shares in 2016Q1.
Bb&T Secs Ltd Llc accumulated 0% or 1,374 shares. The New York-based Guardian Life Insur Of America has invested 0.01% in Humana Inc (NYSE:HUM). California Employees Retirement Sys has invested 0.11% of its portfolio in Humana Inc (NYSE:HUM). Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 0.06% invested in the company for 3,400 shares. Johnson Financial Gp has invested 0% of its portfolio in Humana Inc (NYSE:HUM). Gyroscope Mgmt Group Ltd Llc last reported 0.24% of its portfolio in the stock. Regions Financial has invested 0.01% of its portfolio in Humana Inc (NYSE:HUM). Cornerstone Incorporated has 70 shares for 0.01% of their US portfolio. Shinko Asset Mngmt Company accumulated 0% or 388 shares. Hudson Bay Cap Management Ltd Partnership accumulated 5,979 shares or 0.03% of the stock. New Mountain Vantage Advisers Limited Liability Corp has invested 1.19% of its portfolio in Humana Inc (NYSE:HUM). Moreover, S Muoio & Com Llc has 0.68% invested in Humana Inc (NYSE:HUM) for 8,000 shares. Viking Global Invsts Ltd Partnership has 0.62% invested in the company for 811,824 shares. Goldman Sachs Gru holds 0.07% or 1.21M shares in its portfolio. Huntington Natl Bank, a Ohio-based fund reported 15,643 shares.

Humana Inc. is a health and well-being company. The company has a market cap of $25.61 billion. The Company’s divisions include Retail, Group, Healthcare Services and Other Businesses. It has a 26.56 P/E ratio. 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.

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.

More notable recent Humana Inc (NYSE:HUM) news were published by: Prnewswire.com which released: “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation …” on October 14, 2016, also Bizjournals.com with their article: “Iora and Humana find a niche with seniors, opening more clinics where they shop” published on October 17, 2016, Forbes.com published: “Ex-Div Reminder for Humana (HUM)” on October 07, 2016. More interesting news about Humana Inc (NYSE:HUM) were released by: Reuters.com and their article: “BRIEF-Humana Inc says renewing network agreement with Delaware Valley Acco…” published on October 11, 2016 as well as Businesswire.com‘s news article titled: “Humana to Add Iora Health®’s New Primary Care Practices Designed Exclusively …” with publication date: October 13, 2016.

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