Connecticut Wealth Management Llc owns $2.63 million in Cigna Group (NYSE:CI)

Connecticut Wealth Administration Llc owns $2.63 million in Cigna Group (NYSE:CI)

The corporate grew its funding in The Cigna Group (NYSE:CI) by 35.5% within the fourth quarter, based on Connecticut Wealth Administration LLC in its most up-to-date 13F submitting with the Securities and Change Fee.

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

Connecticut Wealth Administration LLC’s holdings in The Cigna Group had been price $2,625,000 as of its most up-to-date submitting with the Securities & Change Fee.

Quite a few different hedge funds and institutional buyers have lately both elevated or decreased the variety of shares they at the moment personal. FMR LLC raised its stake in The Cigna Group by 7.6% within the second quarter of the fiscal yr.

FMR LLC now owns 14,279,334 shares of the well being companies supplier’s inventory after buying a further 1,012,086 shares within the final quarter.

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

Financial institution of New York Mellon Corp elevated its stake in The Cigna Group by 9.5% in the course of 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 in the course of the interval.

The inventory is at the moment valued at $862,423,000.

Amundi grew its stake in The Cigna Group by 7.6% in the course of the fiscal second quarter. Amundi now owns 2,132,943 shares of the healthcare supplier’s inventory valued at $564,239,000 after buying a further 150,412 shares in the course of the interval.

Putnam Investments LLC raised its stake in The Cigna Group by 16.5% in the course of 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 in the course of the interval.
Final however not least, Charles Schwab Funding Administration INC grew its holdings in The Cigna Group by 1.6% in the course of the reporting interval. 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 in the course of the interval.

Institutional buyers and hedge funds personal 87.61% of the corporate’s shares.
The NYSE Composite opened Thursday at 270.44.

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.

Cigna Group has a one yr low of $238.48 and an organization one yr excessive of $340.11.

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

The market capitalization of the corporate is 80.34 billion {dollars}.

Cigna Group (NYSE: CI ) posted its newest quarterly earnings report on February third.

The well being companies supplier reported $4.96 EPS for the quarter, topping the consensus estimate of $4.84 by $0.12.

Cigna Group’s internet margin was 3.69% and the corporate’s return on fairness was 16.01%. Gross sales for the quarter got here in at $45.75 billion, in comparison with analysts’ estimates of $45.79 billion.

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

The expansion price of the corporate’s quarterly gross sales was 1% in comparison with the identical quarter of the earlier yr.

Cigna Group is predicted to publish $24.92 earnings per share in 2018, based on monetary analysts.

As well as, the corporate simply introduced a quarterly dividend, which is scheduled to be distributed on March twenty third. Shareholders with shares excellent as of March 8 will likely be entitled to a dividend cost of $1.23 per share.

Up to now this quarter, The Cigna Group has paid a dividend of $1.12 per share.

That interprets to 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 7.

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

Michael W.

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

The shares had been bought at a median value of $271.67 apiece, bringing the overall sale value to $470,260.77.

Because of the acquisition, the corporate insider now owns 30,235 shares within the firm, valued at $8,213,942.45.

The transaction was disclosed to the general public via a submitting with the SEC, which can be posted on the SEC’s web site.

Michael W.

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

The shares had been bought at a median value of $271.67 every, for a complete sale value of $470,260.77.

Because of the acquisition, the corporate insider now owns 30,235 shares within the firm, valued at $8,213,942.45.

The transaction was disclosed to the general public via a submitting with the SEC, which can be posted on the SEC’s web site.

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

At a median value 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 agency, valued at $35,433,053.76.

Disclosures for this sale will be discovered right here.

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

A number of completely different analysis consultants have lately carried out analysis on CI shares.

SVB Leerink upped their goal value on shares of The Cigna Group from $309.00 to $335.00 and set a “market carry out” ranking on the inventory in a report on Wednesday, February eighth.

SVB Securities minimize their goal value on shares of The Cigna Group from $335.00 to $309.00 in a analysis be aware on Wednesday, February eighth. JPMorgan Chase & Co. dropped their goal value on shares of The Cigna Group from $378.00 to $370.00 and gave the inventory an “chubby” ranking in a analysis be aware on Thursday, February twenty third.

The report was made public.

Morgan Stanley upped their goal value on shares of The Cigna Group from $347.00 to $365.00 and gave the corporate an “chubby” ranking in a analysis be aware on Friday, January sixth.
Final however not least, Wells Fargo & Firm downgraded shares of The Cigna Group from an “chubby” ranking to an “equal weight” ranking and lowered their value goal for the corporate from $370.00 in a analysis be aware on Tuesday, January third. 00 to $355.00. Seven funding analysts have rated the inventory with a “maintain” ranking, twelve have a “purchase” ranking and one has a “strong-buy” ranking on the inventory.

The inventory at the moment has a median advice of “Reasonable Purchase” and a $339.00 goal value, based on Bloomberg.

Author: ZeroToHero

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