Cigna Group $CI Shares Sold by Unio Capital LLC

Unio Capital LLC lessened its position in Cigna Group (NYSE:CI) by 99.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 966 shares of the health services provider’s stock after selling 163,349 shares during the period. Cigna Group comprises 0.1% of Unio Capital LLC’s portfolio, making the stock its 21st largest holding. Unio Capital LLC’s holdings in Cigna Group were worth $266,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CI. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in Cigna Group by 13.5% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 34,114 shares of the health services provider’s stock valued at $9,839,000 after acquiring an additional 4,066 shares during the last quarter. Compass Wealth Management LLC acquired a new position in Cigna Group in the 3rd quarter valued at $4,718,000. Alberta Investment Management Corp acquired a new position in Cigna Group in the 3rd quarter valued at $3,171,000. Distillate Capital Partners LLC raised its holdings in Cigna Group by 19.1% in the 3rd quarter. Distillate Capital Partners LLC now owns 108,676 shares of the health services provider’s stock valued at $31,338,000 after acquiring an additional 17,442 shares during the last quarter. Finally, Colrain Capital LLC raised its holdings in Cigna Group by 106.4% in the 3rd quarter. Colrain Capital LLC now owns 22,500 shares of the health services provider’s stock valued at $6,486,000 after acquiring an additional 11,600 shares during the last quarter. Institutional investors and hedge funds own 86.99% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on CI. Morgan Stanley upped their price target on shares of Cigna Group from $355.00 to $361.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Cantor Fitzgerald upped their price target on shares of Cigna Group from $325.00 to $340.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Wall Street Zen lowered shares of Cigna Group from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Mizuho upped their price target on shares of Cigna Group from $330.00 to $340.00 and gave the stock an “outperform” rating in a research report on Monday, June 8th. Finally, Piper Sandler dropped their price target on shares of Cigna Group from $370.00 to $346.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Cigna Group currently has a consensus rating of “Moderate Buy” and an average price target of $338.30.

Cigna Group Price Performance

Cigna Group stock opened at $292.01 on Wednesday. Cigna Group has a 52-week low of $239.51 and a 52-week high of $338.89. The firm has a fifty day moving average of $283.44 and a 200-day moving average of $278.26. The firm has a market capitalization of $77.25 billion, a P/E ratio of 12.38, a PEG ratio of 1.13 and a beta of 0.28. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.69.

Cigna Group (NYSE:CI) last released its quarterly earnings data on Thursday, April 30th. The health services provider reported $7.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.60 by $0.19. Cigna Group had a net margin of 2.26% and a return on equity of 19.75%. The company had revenue of $68.52 billion during the quarter, compared to analyst estimates of $66.29 billion. During the same quarter in the prior year, the business earned $6.74 earnings per share. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. Cigna Group has set its FY 2026 guidance at 30.350- EPS. As a group, analysts predict that Cigna Group will post 30.39 EPS for the current year.

Cigna Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a $1.56 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.24 annualized dividend and a dividend yield of 2.1%. Cigna Group’s dividend payout ratio is presently 26.45%.

Insider Buying and Selling at Cigna Group

In other news, CEO David Cordani sold 201,878 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $292.82, for a total value of $59,113,915.96. Following the completion of the sale, the chief executive officer owned 34,337 shares of the company’s stock, valued at $10,054,560.34. This represents a 85.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jamie G. Kates sold 899 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $298.61, for a total transaction of $268,450.39. Following the completion of the sale, the chief accounting officer directly owned 2,368 shares of the company’s stock, valued at $707,108.48. The trade was a 27.52% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.60% of the stock is owned by corporate insiders.

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.