The Latest Breaking News from Humana Inc

Amid the ongoing economic turbulence, sectors like healthcare, which enjoy inelastic demand and can pass on an increase in cost to end consumers, make a good investment option. Moreover, rising chronic diseases, an aging population, and increased healthcare spending should drive the sector’s growth. So, it could be the right…

Investors seem to show renewed interest in the healthcare sector as COVID-19 cases rise worldwide and portfolio resiliency amid the uncertain macro environment. So, fundamentally strong healthcare stocks Cigna Corp (CI), Centene Corp (CNC), and Humana (HUM) might be solid buys now. Read on.

Humana Inc (NYSE:HUM) has posted Q1 adjusted sales of $24.08 billion, beating the consensus of $23.51 billion. The benefits expense ratio increased from 86.4% to 85.9%, and the operating cost ratio increased from 12% to 9.7%.  Humana posted an adjusted EPS of $8.04, beating the consensus of $6.78 and $6.38 posted a…

Humana Inc (NYSE:HUM) has agreed to divest a majority interest in the Hospice and Personal Care divisions of Humana's Kindred at Home (KAH Hospice) subsidiary to Clayton, Dubilier & Rice (CD&R). The divisions include patient-centered services for Hospice, Palliative, Community, and Personal Care.  Humana had previously indicated its intent to divest a majority…

Humana Inc's (NYSE:HUM) short percent of float has fallen 16.42% since its last report. The company recently reported that it has 1.44 million shares sold short, which is 1.12% of all regular shares that are available for trading.

Humana Inc's (NYSE:HUM) short percent of float has fallen 15.72% since its last report. The company recently reported that it has 1.69 million shares sold short, which is 1.34% of all regular shares that are available for trading.

Inflation has surged to multi-year highs, so the Fed is contemplating raising interest rates aggressively this year. And an increasing interest rate environment typically translates to revenue growth for financial companies, including insurers. Thus, we think it could be wise to bet on quality insurance stocks Cigna (CI), Humana (HUM),…

Humana Inc (NYSE: HUM) posts