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Is Humana Inc. (HUM) A Smart Long-Term Buy?


Is Humana Inc. (HUM) A Smart Long-Term Buy?
Oakmark Funds, an investment management firm, published its “Oakmark Equity and Income Fund” first quarter 2021 investor letter – a copy of which can be seen here.  A return of 10.3% was reported by the fund for the Q1 of 2021, outperforming its Lipper Balanced Fund benchmark that delivered a 5.4% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Oakmark Equity and Income Fund, in their Q1 2021 investor letter, mentioned Humana Inc. (NYSE: HUM) and shared their insights on the company. Humana Inc. is a Louisville, Kentucky-based health insurance company that currently has a $53.3 billion market capitalization. Since the beginning of the year, HUM delivered a 0.72% return, extending its 12-month gains to 17.32%. As of April 12, 2021, the stock closed at $413.21 per share. ....

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