HUM Humana Dashboard

Humana Inc. is committed to helping its millions of medical and specialty members achieve their best health. Its successful history in care delivery and health plan administration is helping it create a new kind of integrated care with the power to improve health and well-being and lower costs. Its efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large.

Company profile

Ticker

HUM

Exchange

NYSE

Website

www.humana.com

CEO

Bruce Broussard

Incorporated

Delaware

Location

Kentucky

Fiscal year end

Dec 31

Sector

Health Care and Social Assistance > Home Health Care Services

Industry (SIC)

Hospital & Medical Service Plans

Unitedhealth • Cigna • Cigna Holding • Anthem • WellCare Health Plans • Oscar Health • Centene • Molina Healthcare • Alignment Healthcare • DCP Holding ...

SEC CIK

0000049071

Corporate docs

Articles of Incorporation & Bylaws

IRS number

610647538

HUM stock data

S&P 500

1M 1Y 2Y 5Y

News

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Seaport Global Initiates Coverage On Humana with Neutral Rating

9 Jul 21

Seaport Global analyst Joseph France initiates coverage on Humana (NYSE:HUM) with a Neutral rating.

Biogen's Costly Alzheimer's Treatment May Face Restricted Medicare Access: WSJ

28 Jun 21

Humana Wins 4-Year Contact With West Virginia Public Employee's Insurance Agency, No Terms Disclosed

15 Jun 21

Humana Inc. (NYSE:HUM) has been awarded a new, four-year contract with the West Virginia Public Employee’s Insurance Agency (PEIA). As part of the contract, effective Jan. 1, 2022, Humana will continue to provide

Humana Reports Partnership With League To Digitally Transform Healthcare Experience, No Terms Disclosed

10 Jun 21

Shares Of Pharmacy/Healthcare Stocks Quiet As Traders Circulate Statement From FTC Commissioner Dated Friday That Criticizes Pharmacy Benefits Manager Industry, Is Calling For FTC, Congress To Take Steps To Address Issues In Industry

28 May 21

Press releases

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XSOLIS Collaborates with Humana on New Approach to Utilization Management

19 Jul 21

NASHVILLE, Tenn., July 19, 2021 /PRNewswire/ -- XSOLIS, the company solving operational challenges in healthcare, is partnering with Humana Inc., a leading health and well-being company, to offer its real-time,

Louisville Nonprofits Receive $1.7 Million through The Humana Foundation's Community Partners Program

12 Jul 21

Corporate hometown program awards funds to local organizations addressing social determinants of health and advancing health equity The Humana Foundation, philanthropic arm of Humana Inc. (NYSE:HUM) for the past 40

Humana Hiring up to 200 Virtual, Seasonal Positions in San Antonio

8 Jul 21

The company is working with community organizations to recruit candidates for these positions, all of which are offered as work from home Leading health and well-being company Humana Inc. (NYSE:HUM) today announced it

Montefiore Health System and Humana Sign Multi-Year Agreement Offering In-Network Coverage for Medicare Advantage Members

8 Jul 21

Humana Hiring up to 200 Seasonal Positions in Louisville

7 Jul 21

Calendar

28 Apr 21

28 Jul 21

31 Dec 21

Financial summary

Financial statements Chart HUM financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Humana earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	3.88B	3.88B	3.88B	3.88B	3.88B	3.88B
Cash burn (monthly)	265.33M	181.42M	(positive/no burn)	(positive/no burn)	279M	(positive/no burn)
Cash used (since last report)	1.04B	709.46M	n/a	n/a	1.09B	n/a
Cash remaining	2.84B	3.17B	n/a	n/a	2.79B	n/a
Runway (months of cash)	10.7	17.5	n/a	n/a	10.0	n/a

Beta Read what these cash burn values mean

Recent insider trades

HUM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jul 21	Susan M Diamond	Humana Common	Payment of exercise	Dispose F	No	No	445	92	40.94K	2,385
1 Jul 21	Susan M Diamond	Humana Common	Option exercise	Aquire M	No	No	0	291	0	2,477
1 Jul 21	Susan M Diamond	RSU Humana Common	Option exercise	Dispose M	No	No	0	291	0	291
30 Jun 21	Hilzinger Kurt J	RSU Humana Common	Grant	Aquire A	No	No	442.715	194	85.89K	10,862
30 Jun 21	McDonald William J.	RSU Humana Common	Grant	Aquire A	No	No	442.715	66	29.22K	10,605
30 Jun 21	Karen Katz	RSU Humana Common	Grant	Aquire A	No	No	442.715	66	29.22K	441

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

HUM institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

92.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	851	850	+0.1%
Opened positions	97	108	-10.2%
Closed positions	96	89	+7.9%
Increased positions	304	302	+0.7%
Reduced positions	318	304	+4.6%

13F shares	Current	Prev Q	Change
Total value	49.79B	50.45B	-1.3%
Total shares	118.76M	122.93M	-3.4%
Total puts	1.23M	2.53M	-51.5%
Total calls	797.12K	1.44M	-44.6%
Total put/call ratio	1.5	1.8	-12.5%

Largest owners	Shares	Value	Change
BLK Blackrock	12.35M	$5.18B	+3.2%
TROW T. Rowe Price	10.09M	$4.23B	+1.0%
Vanguard	10.01M	$4.2B	-1.6%
FMR	8.63M	$3.62B	-6.9%
STT State Street	5.47M	$2.3B	-5.0%
Wellington Management	5.44M	$2.28B	-5.0%
Capital World Investors	4.38M	$1.84B	-8.2%
Capital International Investors	3.87M	$1.62B	-2.4%
Harris Associates L P	3.06M	$1.28B	+226.3%
Capital Research Global Investors	2.71M	$1.13B	-0.9%

Largest transactions	Shares	Bought/sold	Change
Harris Associates L P	3.06M	+2.12M	+226.3%
Lone Pine Capital	0	-1.51M	EXIT
Norges Bank	0	-1.47M	EXIT
Renaissance Technologies	27.29K	-931.59K	-97.2%
FMR	8.63M	-638.43K	-6.9%
Voya Investment Management	68.82K	-518.05K	-88.3%
Jennison Associates	848.32K	-478.11K	-36.0%
Capital World Investors	4.38M	-388.93K	-8.2%
BLK Blackrock	12.35M	+385.14K	+3.2%
Diamond Hill Capital Management	1.12M	+346.11K	+44.4%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Cigna Holding • Unitedhealth • Abiomed • DCP Holding • Express Scripts Holding • Cigna • Signify Health

Risks

Risks Relating to Our Business
If we fail to effectively implement our operational and strategic initiatives, including our Medicare initiatives and our state-based contracts strategy, our business may be materially adversely affected, which is of particular importance given the concentration of our revenues in these products. In addition, there can be no assurances that we will be successful in maintaining or improving our Star ratings in future years.
If we fail to properly maintain the integrity of our data, to strategically maintain existing or implement new information systems, or to protect our proprietary rights to our systems, our business may be materially adversely affected.
If we are unable to defend our information technology security systems against cybersecurity attacks or prevent other privacy or data security incidents that result in security breaches that disrupt our operations or in the unintended dissemination of sensitive personal information or proprietary or confidential information, we
could be exposed to significant regulatory fines or penalties, liability or reputational damage, or experience a material adverse effect on our results of operations, financial position, and cash flows.
We are involved in various legal actions and governmental and internal investigations, any of which, if resolved unfavorably to us, could result in substantial monetary damages or changes in our business practices. Increased litigation and negative publicity could increase our cost of doing business.
As a government contractor, we are exposed to risks that may materially adversely affect our business or our willingness or ability to participate in government health care programs.
Our business activities are subject to substantial government regulation. New laws or regulations, or legislative, judicial, or regulatory changes in existing laws or regulations or their manner of application could increase our cost of doing business and may have a material adverse effect on our results of operations (including restricting revenue, enrollment and premium growth in certain products and market segments, restricting our ability to expand into new markets, increasing our medical and operating costs by, among other things, requiring a minimum benefit ratio on insured products, lowering our Medicare payment rates and increasing our expenses associated with assessments); our financial position (including our ability to maintain the value of our goodwill); and our cash flows.
Any failure by us to manage acquisitions, divestitures and other significant transactions successfully may have a material adverse effect on our results of operations, financial position, and cash flows.
If we fail to develop and maintain satisfactory relationships with the providers of care to our members, our business may be adversely affected.
Our pharmacy business is highly competitive and subject us to regulations and supply chain risks in addition to those we face with our core health benefits businesses.
Our ability to obtain funds from certain of our licensed subsidiaries is restricted by state insurance regulations.
Downgrades in our debt ratings, should they occur, may adversely affect our business, results of operations, and financial condition.
The securities and credit markets may experience volatility and disruption, which may adversely affect our business.

Management Discussion

•Our strategy offers our members affordable health care combined with a positive consumer experience in growing markets. At the core of this strategy is our integrated care delivery model, which unites quality care, high member engagement, and sophisticated data analytics. Our approach to primary, physician-directed care for our members aims to provide quality care that is consistent, integrated, cost-effective, and member-focused, provided by both employed physicians and physicians with network contract arrangements. The model is designed to improve health outcomes and affordability for individuals and for the health system as a whole, while offering our members a simple, seamless healthcare experience. We believe this strategy is positioning us for long-term growth in both membership and earnings. We offer providers a continuum of opportunities to increase the integration of care and offer assistance to providers in transitioning from a fee-for-service to a value-based arrangement. These include performance bonuses, shared savings and shared risk relationships. At March 31, 2021, approximately 2,810,700 members, or 65%, of our individual Medicare Advantage members were in value-based relationships under our integrated care delivery model, as compared to 2,514,000 members, or 66%, at March 31, 2020. Medicare Advantage and dual demonstration program membership enrolled in a Humana chronic care management program was 925,100 at March 31, 2021, an increase of 2.8% from 899,700 at March 31, 2020. These members may not be unique to each program since members have the ability to enroll in multiple programs. The increase is primarily driven by growth in Special Needs Plans, or SNP, membership, partially offset by improved predictive modeling leading to a reduction in members being managed by legacy care management programs.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

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From filing 10-Q 2021 Q1