Humana Inc. (HUM) - NYSE
  • Nov. 6, 2014, 5:30 PM
  • Oct. 31, 2014, 8:43 AM
    • Humana (NYSE:HUM) declares $0.28/share quarterly dividend, in line with previous.
    • Forward yield 0.82%
    • Payable Jan 30; for shareholders of record Dec. 31; ex-div Dec. 29.
    | Oct. 31, 2014, 8:43 AM
  • Oct. 14, 2014, 3:31 PM
    • Global growth, foreign-exchange, oil, and small caps are the subject of every client inquiry, says David Kostin. His team's recommendation: Buy "American exceptionalism."
    • In Kostin's view, U.S. economy and corporate fundamentals are still strong, with economic growth expected by Goldman economists to be 3.2% next year, the fastest expansion since 2005. Europe is expected to grow just 1%.
    • What his team likes are those stocks of companies which have a high proportion of domestic sales, plus sectors like Consumer Staples (XLP -0.1%) and Discretionary (XLY +0.7%) which stand to benefit from lower oil prices (plunging again today).
    • As for small caps (IWM +0.9%), Kostin is wary, noting downward earnings revisions have boosted small cap P/E ratios even as prices have declined.
    • The list of S&P 500 names capturing two or more of Kostin's themes: GT, GM, PCLN, AMZN, CMCSA, LOW, DG, TSN, ADM, CVS, AVP, WAG, PXD, HAL, JPM, BAC, SCHW, PNC, MS, C, GNW, LNC, MET, THC, AET, UNH, ESRX, HUM, WLP, BIIB, GILD, DAL, CMI, FLR, CRM, JBL, MA, FB, MU, FSLR, VMC, MON, T.
    | Oct. 14, 2014, 3:31 PM | 26 Comments
  • Sep. 29, 2014, 1:11 PM
    • The first major insurer commits to Apple's HealthKit smartphone app. Humana (HUM) has integrated it into its wellness program called HumanaVitality enabling members to more easily manage their fitness data and other personal health goals.
    • HealthKit enables users to gather personal health data like blood pressure and weight from various applications and view it in one place.
    | Sep. 29, 2014, 1:11 PM
  • Sep. 17, 2014, 8:01 AM
    • Humana (NYSE:HUM) prices a $1.75B debt offering. Its $400M aggregate principal amount 2.625% senior notes due October 1, 2019 are priced at 99.995%; $600M aggregate principal amount 3.850% senior notes due October 1, 2024 at 99.867% and $750M aggregate principal amount 4.950% senior notes due October 1, 2044 at 99.518%. Closing date is September 19, 2014.
    • Net proceeds of ~$1.73B will be used to redeem its 6.45% senior notes maturing June 2016 and to repurchase shares. It intends to buy back $1B in common stock no later than June 2015.
    | Sep. 17, 2014, 8:01 AM
  • Sep. 16, 2014, 8:30 AM
    • Humana's (NYSE:HUM) BOD approves a $2B share buyback program that expires on December 31, 2016. It replaces the previous $1B plan that had $782M outstanding.
    | Sep. 16, 2014, 8:30 AM
  • Sep. 10, 2014, 10:38 AM
    • Humana (HUM -1.3%) renews all material contracts with The Centers for Medicare and Medicaid Services related to its Medicare business for 2015.
    • Beginning January 1, 2015 Humana will offer a variety of Medicare service plans across as many as 1,574 counties across 42 states and Puerto Rico. Its Medicare Prescription Drug Plans will be offered in all 50 states, D.C. and PR.
    | Sep. 10, 2014, 10:38 AM
  • Aug. 27, 2014, 4:37 PM
    • Humana (NYSE:HUM) declares $0.28/share quarterly dividend, in line with previous.
    • Forward yield 0.88%
    • Payable Oct. 31; for shareholders of record Sept. 30; ex-div Sept. 26.
    | Aug. 27, 2014, 4:37 PM
  • Jul. 30, 2014, 7:24 AM
    • Humana (NYSE:HUM) Q2 Results: Total Revenues: $12,222M (+18.4%); Operating Expenses: $11,541M (+19.8%); Operating Income: $681M (-1.2%); Net Income: $344M (-18.1%); EPS: $2.19 (-16.7%); CF Ops: ($200M) (-215.6%).
    • 2014 Guidance: EPS: $7.25 - 7.75 (unch); consolidated revenues: $47B - 49B, retail segment revenues: $33.5B - 34.5B, employer group revenues: $12B - 13B, health services revenues: $19.5B - 20B; Medicare Advantage membership growth: 375K - 390K from 395K - 435K; Medicare stand-alone PDPs growth: 575K - 625K from 550K - 600K; state-based Medicaid growth: 225K - 275K; individual commercial growth: 425K - 500K from 350K - 500K; Income: $330M - 340M; CF Ops: $1.1B - 1.4B.
    | Jul. 30, 2014, 7:24 AM
  • Jul. 30, 2014, 6:04 AM
    • Humana (NYSE:HUM): Q2 EPS of $2.19 in-line.
    | Jul. 30, 2014, 6:04 AM
  • Jul. 25, 2014, 11:05 AM
    • Led by the plummet in WellCare Health Plans (WCG -18.8%) the managed care industry can't seem to find a friend in the market today.
    • Related tickers: (UNH -1.3%) (WLP -1.9%) (AET -1.6%) (CI -1%) (HUM -2.8%) (CNC -6.6%) (HNT -2.3%) (MOH -5.4%) (MGLN -8.1%)
    | Jul. 25, 2014, 11:05 AM | 2 Comments
  • Jul. 14, 2014, 8:40 PM
    • Tenet Healthcare (THC -0.3%) and Humana (HUM +0.9%) sign a new multi-year contract extension that provides Humana members with traditional commercial plans continued network access to Tenet's 79 hospitals, 193 outpatient centers and more than 1,800 doctors. Humana's Healthcare Exchange members in Atlanta, Birmingham, Houston, Memphis and San Antonio will have access to Tenet's services for the first time while Exchange members in Chicago, Detroit and Phoenix continue to have their access.
    • The agreement also includes an accountable care organization (ACO) arrangement for Humana's Medicare Advantage members in Atlanta. The ACO is a collaboration between the two organizations that focuses on enhancing care coordination and includes incentive payments for achieving key evidence-based quality metrics.
    • Financial terms of the contract are not disclosed.
    | Jul. 14, 2014, 8:40 PM
  • Jul. 3, 2014, 11:07 AM
    • Saying that most custom-mixed medicines are either ineffective or overpriced, pharmacy benefit manager Express Scripts (ESRX +0.6%) plans to drop coverage for 1,000 drug ingredients found in compounded meds. The company states that the move will reduce employers' spending on compounded prescriptions by 95%. Express Scripts SVP Glen Stettin says, "What we are eliminating is, pure and simple, wasteful spending. These drugs are being used when there are other things available that are already approved by the FDA and are less expensive." The cuts will take effect on September 15, 2014 unless customers specifically ask to continue paying for them. Firms who want to opt out of the cuts must notify ESRX by Thursday (not sure if this means today).
    • Predictably, compounding pharmacists lack enthusiasm for the move saying that it will deprive patients of much-needed medications.
    • Related tickers: (UNH +0.7%) (CTRX +0.4%) (BIOS -0.2%) (WLP -0.7%) (AET +0.3%) (CI +0.6%) (HUM +0.2%) (CNC) (WCG +0.3%) (MOH +1.4%) (MGLN +0.5%)
    | Jul. 3, 2014, 11:07 AM | 2 Comments
  • Jun. 6, 2014, 11:37 AM
    • Analysts say Humana (HUM +1.7%) is exploring strategic alternatives for its pharmacy benefit management business including an outright sale which could fetch as much as $7B. The unit is projected to generate ~$15.5B in revenues this year. Options other than a sale include renegotiating the pricing of generic drugs and outsourcing certain operations. Potential buyers may include CVS Caremark (CVS +0.6%), Express Scripts (ESRX +0.4%) and Catamaran (CTRX +1.1%).
    | Jun. 6, 2014, 11:37 AM | 3 Comments
  • May 18, 2014, 3:03 AM
    • Some health insurers intend to join more state Obamacare exchanges next year, a development that could lead to more moderate price increases, or even prices falls, as competition increases.
    • In Washington state, for example, four insurers plan to sell coverage for the first time in 2015, while in Indiana, the number of providers could double to eight.
    • Of the insurers, UnitedHealth Group (UNH) is set to offer new plans in the states mentioned, adding to five exchanges that it already operates on.
    • The providers could be hoping to benefit from "second-mover" advantage whereby they will look to sign up the increased number of younger and healthier people who are forecast to purchase coverage next year as the penalty for not doing so increases. Those who are in worse health and bought coverage last year are expected to remain with their existing plans.
    • Meanwhile, the Center for American Progress (CAP) think tank, which is close to the White House, has called for President Obama to appoint a CEO with private-sector experience to oversee Obamacare's federal and state online health insurance exchanges. The idea is that the exchanges would run as e-commerce sites. The CEO would also oversee insurers and market regulations, although not Medicare or Medicaid. (CAP report)
    • More on Obamacare
    • Health insurers: AET, HNT, HUM, UNH, WLP, MO
    • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS
    | May 18, 2014, 3:03 AM | 8 Comments
  • May 7, 2014, 7:15 AM
    • Hunana (HUM) revenues: $11.71B (+11.7%); benefit ratio: 82.3% (-0.8%); operating cost ratio: 15.4% (+10.8%); quick assets (ex-A/R): $11.71B (+7.0%); CF Ops: $671M (+62.9%), EPS: $2.35.
    • 2014 guidance: EPS: $7.25 - 7.75; Medicare Advantage membership growth estimate: 395K - 435K; Medicare stand-alone PDP membership growth estimate: 550K - 600K; Individual commercial membership growth estimate: 350K - 500K.
    | May 7, 2014, 7:15 AM
Company Description
Humana, Inc. is a health care company that offers a wide range of insurance products and health and wellness services that incorporate an integrated approach to lifelong well-being. The company operates its business through the following segments: Retail, Employer Group, and Health and... More
Sector: Healthcare
Industry: Health Care Plans
Country: United States