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In accordance with Connecticut Wealth Administration LLC’s most up-to-date 13F submitting with the Securities and Trade Fee, the agency’s funding in Cigna Group (NYSE: CI ) grew by 35.5% within the fourth quarter.

The institutional investor now owns 7,922 shares of the well being companies supplier’s inventory after shopping for a further 2,074 shares throughout the quarter.

Connecticut Wealth Administration LLC’s holdings in Cigna Group had been valued at $2,625,000 in its most up-to-date submitting with the Securities and Trade Fee.

Plenty of different hedge funds and institutional traders have lately both elevated or decreased the variety of shares they at present personal. FMR LLC raised its stake in Cigna Group by 7.6% throughout the second quarter of the present fiscal yr.

FMR LLC now owns 14,279,334 shares of the healthcare supplier’s inventory after buying a further 1,012,086 shares throughout the latest quarter.

The present market worth of those shares is $3,762,889,000.

Financial institution of New York Mellon Company elevated its holdings in Cigna Group by 9.5% throughout the third quarter.

Financial institution of New York Mellon Corp now owns 3,108,166 shares of the well being companies supplier’s inventory after shopping for a brand new 268,793 shares throughout the interval.

The inventory is at present valued at $862,423,000.

Amundi elevated its holdings in Cigna Group by 7.6% throughout the second quarter of the fiscal yr. After buying a further 150,412 shares throughout the interval, Amundi now owns 2,132,943 shares of the well being companies supplier’s inventory, valued at $564,239,000.

Putnam Investments LLC raised its stake in The Cigna Group by 16.5% throughout the third quarter.

Putnam Investments LLC now owns 1,997,800 shares of the well being companies supplier’s inventory valued at $554,330,000 after buying a further 283,323 shares throughout the interval.
Final however not least, all through the interval lined by this report, Charles Schwab Funding Administration INC elevated its stake in Cigna Group by 1.6%. Charles Schwab Funding Administration INC now owns 1,808,135 shares of the well being companies supplier’s inventory valued at $433,248,000 after buying a further 28,643 shares throughout the interval.

Institutional traders and hedge funds personal 87.61% of the corporate’s inventory.
The NYSE Composite Index opened buying and selling at 270.44 on Thursday.

The debt-to-equity ratio is 0.63, whereas the present and fast ratio is 0.70.

The debt to fairness ratio is a very powerful.

The shifting common for the corporate over the previous fifty days is $294.54. within the final 200 days, it was $304.28.

The one yr low for Cigna Group is $238.48 and the one yr excessive for the corporate is $340.11.

The corporate has a price-to-earnings ratio of 12.65, a price-to-earnings ratio of 0.97 and a beta worth of 0.67.

The corporate’s market capitalization is $80.34 billion.

Cigna Group (NYSE: CI ) launched its most up-to-date quarterly earnings report on February third.

The healthcare supplier’s earnings per share for the quarter got here in at $4.96, topping the consensus estimate of $4.84 by $0.12.

The online margin for Cigna Group was 3.69% and the corporate’s return on fairness was 16.01%. Gross sales for the quarter had been $45.75 billion, in comparison with the $45.79 billion analysts had been anticipating.

Final yr, the corporate generated earnings of $4.77 per share throughout the identical interval.

The corporate’s quarterly gross sales share development was 1% over the identical quarter final yr.

Cigna Group is anticipated to put up earnings of $24.92 per share in 2018, based on monetary analysis corporations’ forecasts.

Moreover, the enterprise simply introduced a quarterly dividend scheduled to be distributed on March twenty third. Shareholders with shares excellent as of March 8 shall be eligible to obtain dividend funds of $1.23 per share.

Previous to this quarter, Cigna Group paid a dividend of $1.12 per share.

That interprets right into a dividend payout of $4.92 per yr, giving the inventory a yield of 1.82%.

The ex-dividend date for this dividend is March seventh.

Cigna Group has a dividend payout ratio that’s at present 23.01%.

Michael W.

Triplett, an insider at The Cigna Group, bought 1,731 shares of the corporate’s inventory in a transaction on Friday, March tenth, based on one other The Cigna Group information.

The shares had been bought at a mean worth of $271.67 every, leading to a complete sale worth of $470,260.77.

As a direct results of the acquisition, the corporate proprietor now owns 30,235 shares of the corporate’s inventory, that are valued at $8,213,942.45.

The transaction was dropped at public consideration by a submitting with the Securities and Trade Fee, which can be situated on the Securities and Trade Fee’s web site.

Michael W.

Triplett, an insider at The Cigna Group, bought 1,731 shares of the corporate’s inventory in a transaction on Friday, March tenth, based on one other The Cigna Group information.

The shares had been bought at a mean worth of $271.67 every, bringing the full sale worth to $470,260.77.

As a direct results of the acquisition, the corporate proprietor now owns 30,235 shares of the corporate’s inventory, that are valued at $8,213,942.45.

The transaction was dropped at public consideration by a submitting with the Securities and Trade Fee, which can be situated on the Securities and Trade Fee’s web site.

Additionally, on Monday, February twenty seventh, CEO David Cordani bought 20,148 shares of the corporate’s inventory.

With a mean worth of $294.06 per share, these shares had been purchased and bought for $5,924,720.88.

Because of the transaction, the CEO now owns 120,496 shares within the firm, valued at $35,433,053.76.

Disclosure for this sale may be discovered at this location.

During the last three months, enterprise insiders have unloaded 27,752 shares of firm inventory for a complete worth of $8,008,479. At the moment, 0.80% of the corporate’s shares are owned by firm executives.

A number of completely different analysis consultants have produced latest research on CI inventory.

SVB Leerink upped their worth goal on shares of Cigna Group from $309.00 to $335.00 and set a “market carry out” score for the corporate in a report on Wednesday, February eighth.

SVB Securities dropped their worth goal on shares of Cigna Group from $335.00 to $309.00 in a analysis be aware on Wednesday, February eighth. $370.00 and gave the inventory an “chubby” score in a analysis be aware revealed on Thursday, February twenty third.

The report was made public.

Morgan Stanley boosted their worth goal on shares of Cigna Group from $347.00 to $365.00 and set an “chubby” score for the corporate in a analysis be aware on Friday, January sixth.
Final however not least, Wells Fargo & Firm downgraded shares of Cigna Group from an “chubby” score to an “equal weight” score and reduce their worth goal for the corporate from 370.00 in a analysis be aware on Tuesday, January third. {dollars} to $355.00. Seven funding analysts have rated the inventory with a “maintain” score, twelve have a “purchase” score and one has a “robust purchase” score.

In accordance with information from Bloomberg, the inventory now has a mean suggestion of “Average Purchase” and a worth goal of $339.00.