Mon Sep 09 15:06:54 UTC 2024: ## Humana Stock Sees Mixed Investor Activity: Prestige Wealth Management Reduces Holdings, While Others Increase

**New York, NY** – Humana Inc. (NYSE:HUM) experienced a mixed bag of investor activity in the recent quarter, according to SEC filings. Prestige Wealth Management Group LLC notably decreased its stake in the insurance provider by 77.7%, selling 255 shares and holding only 73 at the end of Q2. This move stands in contrast to several other institutional investors who increased their holdings in Humana.

Pzena Investment Management LLC significantly boosted its stake in the company by 538.7%, now owning 2,318,347 shares worth $866,250,000. Norges Bank also entered the picture, acquiring a new position worth approximately $676,800,000. Sanders Capital LLC and Ontario Teachers Pension Plan Board followed suit, purchasing new positions and significantly increasing their existing holdings, respectively.

Humana’s stock opened at $357.86 on Monday, with a market capitalization of $43.09 billion. The company’s financial metrics show a current ratio and quick ratio of 1.66, indicating strong liquidity. Humana’s dividend payout ratio stands at 22.04%, currently yielding 0.99% with a quarterly dividend of $0.885 per share payable on October 25th.

Analyst opinions on Humana are generally positive, with thirteen analysts rating the stock a “hold” and nine recommending a “buy.” MarketBeat.com reports a consensus “Hold” rating and a target price of $398.70.

Despite the mixed investor sentiment, Humana continues to operate in two segments – Insurance and CenterWell – offering medical and supplemental benefit plans to individuals. The company also has contracts with state and federal agencies for Medicaid and Medicare programs.

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