Humana Inc (HUM), a health insurer, was reported to have variable stock movements and responses from investors, as well as changes in finance management. Reports showed
stock plunges due to the lowering of its Medicare Plans ratings, Medicare Advantage losses in Puerto Rico, and falling membership. However, investment firms such as Avanza Fonder AB, Park Avenue Securities LLC and FNY Investment Advisers LLC have sizeable holdings in the stock while others see the stock as
oversold, creating a
bullish investment perspective. Changes in the management were seen with the hiring of Japan Mehta and Michelle O'Hara as Chief Information Officer and Chief Human Resources Officer, respectively leading digital transformation and human resources. Merger speculations with
Cigna were discussed but later dismissed. However, Humana raised its 2024
earnings guidance due to steady Medicare Advantage member retention. Fourth quarter 2024 results and 2025 financial guidance are expected to be released on February 11, 2025. In addition, Humana's decision to pay a dividend of $0.885 and its successful Q3 earnings beat due to growing premiums and cost management added to the events.
Humana HUM News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Sat, 18 Jan 2025 11:01:41 GMT -
Rating -2
- Innovation -4
- Information 6
- Rumor -2
