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

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

In today’s session Humana Inc (HUM) registered an unusually high (564) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious HUM increase. With 564 contracts traded and 8104 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: HUM161118C00220000 closed last at: $1.35 or 6.9% down. About 1.50M shares traded hands or 20.97% up from the average. Humana Inc (NYSE:HUM) has risen 8.75% since April 8, 2016 and is uptrending. It has outperformed by 3.10% the S&P500.

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. $224 is the highest target while $150 is the lowest. The $187.57 average target is -1.27% below today’s ($189.98) stock price. Humana has been the topic of 15 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of Humana Inc (NYSE:HUM) earned “Mkt Perform” rating by FBR Capital on Friday, July 22. The rating was maintained by Barclays Capital on Thursday, July 30 with “Equal Weight”. As per Friday, July 22, the company rating was maintained by RBC Capital Markets. The firm earned “Sector Perform” rating on Thursday, October 13 by RBC Capital Markets. The company was initiated on Friday, September 23 by Evercore. RBC Capital Markets maintained Humana Inc (NYSE:HUM) rating on Tuesday, September 8. RBC Capital Markets has “Sector Perform” rating and $223.0 price target. Jefferies upgraded Humana Inc (NYSE:HUM) rating on Monday, July 18. Jefferies has “Buy” rating and $210 price target. The stock of Humana Inc (NYSE:HUM) earned “Neutral” rating by Credit Suisse on Tuesday, August 16. The firm has “Neutral” rating given on Wednesday, December 16 by Credit Suisse. The firm earned “Sector Perform” rating on Monday, November 9 by RBC Capital Markets.

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.
Kcg owns 32,126 shares or 0.12% of their US portfolio. Oregon Public Employees Retirement Fund accumulated 33,842 shares or 0.14% of the stock. Glg Prtn L P has 0.54% invested in the company for 100,250 shares. Nj State Employees Deferred Compensation Plan accumulated 0.19% or 5,000 shares. The Michigan-based Plante Moran Fincl Advsr Limited Liability Company has invested 0.06% in Humana Inc (NYSE:HUM). Hsbc Public Limited Company accumulated 114,011 shares or 0.06% of the stock. Conning Incorporated reported 3,873 shares or 0.03% of all its holdings. Moreover, Howard Hughes Med Institute has 0.26% invested in Humana Inc (NYSE:HUM) for 4,291 shares. Amp Investors last reported 0.06% of its portfolio in the stock. Washington National Bank & Trust last reported 300 shares in the company. Allianz Asset Ag last reported 0.01% of its portfolio in the stock. Retail Bank Of America Corp De holds 0.02% or 437,257 shares in its portfolio. Atwood And Palmer has 50 shares for 0% of their US portfolio. Wexford Capital Ltd Partnership last reported 5,238 shares in the company. Granite Investment holds 0.08% or 2,250 shares in its portfolio.

Humana Inc. is a health and well-being company. The company has a market cap of $29.43 billion. The Company’s divisions include Retail, Group, Healthcare Services and Other Businesses. It has a 25.68 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 news for Humana Inc (NYSE:HUM) were recently published by: Schaeffersresearch.com, which released: “Analyst Upgrades: TASER International, Inc., Shake Shack Inc, and Humana Inc” on November 10, 2016. Prnewswire.com‘s article titled: “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation …” and published on October 14, 2016 is yet another important article.

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