LSV Asset Management Sells 13,080 Shares of Cigna Group $CI

LSV Asset Management trimmed its holdings in shares of Cigna Group (NYSE:CI) by 2.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 542,737 shares of the health services provider’s stock after selling 13,080 shares during the quarter. LSV Asset Management owned about 0.20% of Cigna Group worth $156,444,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Solstein Capital LLC acquired a new stake in Cigna Group in the second quarter valued at approximately $29,000. Harbor Capital Advisors Inc. increased its stake in shares of Cigna Group by 119.5% in the third quarter. Harbor Capital Advisors Inc. now owns 90 shares of the health services provider’s stock valued at $26,000 after buying an additional 49 shares during the period. Chilton Capital Management LLC bought a new position in shares of Cigna Group during the second quarter worth about $30,000. Princeton Global Asset Management LLC lifted its stake in shares of 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 worth $32,000 after acquiring an additional 52 shares during the period. Finally, Quaker Wealth Management LLC lifted its position in shares of Cigna Group by 201.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 106 shares of the health services provider’s stock worth $35,000 after purchasing an additional 211 shares during the period. Institutional investors own 86.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CI shares. Raymond James Financial reissued a “strong-buy” rating on shares of Cigna Group in a research report on Monday, November 3rd. Robert W. Baird lowered their price target 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. Wall Street Zen upgraded shares of Cigna Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. TD Cowen raised their price objective on shares of Cigna Group from $333.00 to $338.00 and gave the company a “buy” rating in a research report on Monday. Finally, JPMorgan Chase & Co. decreased their price target on shares of Cigna Group from $428.00 to $375.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $330.00.

Cigna Group Stock Performance

CI opened at $294.27 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.74 and a quick ratio of 0.76. The company has a 50 day simple moving average of $275.93 and a two-hundred day simple moving average of $283.71. The firm has a market cap of $78.61 billion, a P/E ratio of 13.27, a PEG ratio of 1.00 and a beta of 0.27. Cigna Group has a 1-year low of $239.51 and a 1-year high of $350.00.

Cigna Group (NYSE:CI) last issued its earnings results on Thursday, February 5th. The health services provider reported $8.08 earnings per share for the quarter, topping analysts’ consensus estimates of $7.88 by $0.20. The firm had revenue of $72.50 billion during the quarter, compared to analyst estimates of $69.53 billion. Cigna Group had a net margin of 2.17% and a return on equity of 19.46%. Cigna Group’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $6.64 earnings per share. Cigna Group has set its FY 2026 guidance at 30.250- EPS. Equities 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 announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be given a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a dividend yield of 2.1%. This is a boost from Cigna Group’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Thursday, March 5th. Cigna Group’s dividend payout ratio is 27.23%.

Cigna Group 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.