From MarketBeat:

Community Capital Management LLC purchased a new position in shares of Humana Inc. (NYSE:HUM) during the third quarter, buying 3,000 shares valued at approximately $1,460,000. The insurance provider’s stock accounts for approximately 2.3% of their investment portfolio, making it their 15th biggest holding.

Humana’s stock traded up to $457.81 on Monday, with a trading volume of 804,100 shares. The company’s market cap is $56.36 billion, and it has a quick ratio of 1.37 and a current ratio of 1.37.

Humana recently reported quarterly earnings of $7.78 per share, surpassing analysts’ consensus estimates of $7.15 by $0.63. The company’s revenue was $26.42 billion, a 15.9% increase from the same quarter last year.

Humana also announced a quarterly dividend, a $0.885 payout with a yield of 0.77%. The ex-dividend date is December 28th, and the payout ratio is currently 14.68%.

Several research analysts have upgraded Humana’s rating, with a consensus price target of $584.61. Three analysts have rated the stock as “hold,” eleven as “buy,” and one as “strong buy.”

Humana Inc. operates as a health and well-being company in the United States, providing medical and supplemental benefit plans to individuals. The company also has contracts with Medicare and Medicaid to administer prescription drug plans and provide benefits services.



Read more: Community Capital Management LLC Makes New $1.46 Million Investment in Humana Inc. (NYSE:HUM)