Vanguard Trims Humana Stake to 9.09% as of Dec 29, 2023

TL;DR

**Vanguard slightly cut its Humana stake to 9.09%, watch for minor price shifts.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, disclosing its ownership in Humana Inc. As of December 29, 2023, Vanguard holds 20,490,483 shares of Humana's Common Stock, representing 9.09% of the company. This filing indicates a slight decrease in Vanguard's stake from its previous disclosure, which could signal a minor rebalancing of their portfolio rather than a strong bearish signal.

Why It Matters

This matters because Vanguard is a significant institutional investor, and changes in its holdings can influence investor sentiment and potentially the stock price of Humana Inc.

Risk Assessment

Risk Level: low — The change in ownership is minor for a large institutional investor like Vanguard, suggesting no immediate significant risk to Humana's stock.

Analyst Insight

Investors should note that while Vanguard remains a major holder, this slight reduction in their stake might indicate a minor portfolio rebalancing rather than a strong negative outlook on Humana. It's prudent to monitor future filings and Humana's performance for further insights.

Key Numbers

• 20,490,483 — Shares Owned (Total number of Humana Common Stock shares beneficially owned by The Vanguard Group.)
• 9.09% — Ownership Percentage (The percentage of Humana Inc.'s Common Stock owned by The Vanguard Group as of December 29, 2023.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and institutional investor
• Humana Inc. (company) — subject company whose securities are being reported
• 20,490,483 shares (dollar_amount) — total shares of Common Stock beneficially owned by Vanguard
• 9.09% (dollar_amount) — percentage of Humana's class of securities owned by Vanguard
• December 29, 2023 (date) — date of the event requiring the filing

Forward-Looking Statements

• Vanguard will maintain a significant, but slightly reduced, stake in Humana Inc. over the next quarter. (The Vanguard Group) — medium confidence, target: Q2 2024

FAQ

From the Filing

0001104659-24-021149.txt : 20240213 0001104659-24-021149.hdr.sgml : 20240213 20240213170627 ACCESSION NUMBER: 0001104659-24-021149 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HUMANA INC CENTRAL INDEX KEY: 0000049071 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] ORGANIZATION NAME: 02 Finance IRS NUMBER: 610647538 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-03334 FILM NUMBER: 24628683 BUSINESS ADDRESS: STREET 1: 500 W MAIN ST CITY: LOUISVILLE STATE: KY ZIP: 40202 BUSINESS PHONE: 5025801000 MAIL ADDRESS: STREET 1: 500 W. MAIN ST CITY: LOUISVILLE STATE: KY ZIP: 40202 FORMER COMPANY: FORMER CONFORMED NAME: EXTENDICARE INC DATE OF NAME CHANGE: 19740404 FORMER COMPANY: FORMER CONFORMED NAME: HERITAGE HOUSE OF AMERICA INC DATE OF NAME CHANGE: 19671129 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv01147-humanainc.htm SCHEDULE 13G/A humanainc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 9)* Name of issuer:  Humana Inc Title of Class of Securities:  Common Stock CUSIP Number:  444859102 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  444859102 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 160,444 7.  SOLE DISPOSITIVE POWER 10,643,005 8.  SHARED DISPOSITIVE POWER 527,995 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,171,000 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.07% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Humana Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 500 West Main Street Louisville, KY 40202 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355 Item 2(c) – Citizenship: Pennsy