Hi Line Capital Management LLC Makes New $5.29 Million Investment in Cigna Group $CI

Hi Line Capital Management LLC bought a new position in Cigna Group (NYSE:CI) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 18,338 shares of the health services provider’s stock, valued at approximately $5,286,000. Cigna Group comprises approximately 1.7% of Hi Line Capital Management LLC’s portfolio, making the stock its 23rd biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of CI. Harbor Capital Advisors Inc. increased its position in Cigna Group by 119.5% during the third quarter. Harbor Capital Advisors Inc. now owns 90 shares of the health services provider’s stock worth $26,000 after purchasing an additional 49 shares during the last quarter. Solstein Capital LLC acquired a new stake in shares of Cigna Group during the 2nd quarter worth approximately $29,000. Chilton Capital Management LLC purchased a new stake in shares of Cigna Group during the 2nd quarter valued at approximately $30,000. Princeton Global Asset Management LLC lifted its holdings in Cigna Group by 115.6% in the second quarter. Princeton Global Asset Management LLC now owns 97 shares of the health services provider’s stock valued at $32,000 after acquiring an additional 52 shares during the last quarter. Finally, Collier Financial purchased a new position in Cigna Group in the third quarter worth approximately $34,000. Institutional investors and hedge funds own 86.99% of the company’s stock.

Cigna Group Stock Up 1.3%

Shares of CI opened at $291.35 on Friday. The company’s 50-day simple moving average is $276.85 and its 200-day simple moving average is $283.73. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 0.74. Cigna Group has a 1 year low of $239.51 and a 1 year high of $350.00. The stock has a market capitalization of $77.83 billion, a PE ratio of 13.14, a P/E/G ratio of 1.00 and a beta of 0.27.

Cigna Group (NYSE:CI) last announced its earnings results on Thursday, February 5th. The health services provider reported $8.08 earnings per share for the quarter, topping the consensus estimate of $7.88 by $0.20. The firm had revenue of $72.50 billion for the quarter, compared to the consensus estimate of $69.53 billion. Cigna Group had a net margin of 2.17% and a return on equity of 19.46%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the firm earned $6.64 EPS. Cigna Group has set its FY 2026 guidance at 30.250- EPS. Analysts forecast that Cigna Group will post 29.77 earnings per share for the current fiscal year.

Cigna Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be paid a $1.56 dividend. The ex-dividend date is Thursday, March 5th. This is an increase from Cigna Group’s previous quarterly dividend of $1.51. This represents a $6.24 annualized dividend and a dividend yield of 2.1%. Cigna Group’s payout ratio is 27.23%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Zacks Research upgraded Cigna Group from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. Mizuho set a $325.00 target price on shares of Cigna Group in a research note on Friday, January 9th. Barclays dropped their price target on shares of Cigna Group from $305.00 to $303.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. Robert W. Baird decreased their price objective on shares of Cigna Group from $372.00 to $315.00 and set an “outperform” rating on the stock in a report on Thursday, December 11th. Finally, Wall Street Zen upgraded shares of Cigna Group from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $330.00.

Cigna Group Company Profile

Cigna Group (NYSE: CI) is a global health services company that offers a broad portfolio of healthcare products and insurance solutions for individuals, employers, and governments. Its core businesses include medical and behavioral health plans, dental and vision coverage, pharmacy benefit management, and supplemental health products. Cigna serves a mix of commercial, Medicare, and Medicaid customers and provides workplace benefits such as group health plans and disability and life benefits for employers.

In addition to traditional insurance products, Cigna operates health services and care-delivery platforms designed to manage costs and improve outcomes.