ABC Arbitrage SA Purchases New Stake in Cigna Group $CI

ABC Arbitrage SA acquired a new position in shares of Cigna Group (NYSE:CIFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,048 shares of the health services provider’s stock, valued at approximately $1,455,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Solstein Capital LLC acquired a new stake in Cigna Group during the second quarter worth about $29,000. Harbor Capital Advisors Inc. grew its stake in shares of Cigna Group by 119.5% in the 3rd 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 acquired a new stake in shares of Cigna Group during the 2nd quarter worth approximately $30,000. Princeton Global Asset Management LLC raised its position in shares of Cigna Group by 115.6% during the 2nd quarter. Princeton Global Asset Management LLC now owns 97 shares of the health services provider’s stock valued at $32,000 after buying an additional 52 shares during the period. Finally, Quaker Wealth Management LLC lifted its holdings in Cigna Group by 201.0% in the second quarter. Quaker Wealth Management LLC now owns 106 shares of the health services provider’s stock valued at $35,000 after acquiring an additional 211 shares during the last quarter. 86.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CI has been the subject of several recent analyst reports. Mizuho set a $325.00 target price on Cigna Group in a research note on Friday, January 9th. JPMorgan Chase & Co. cut their price objective on Cigna Group from $428.00 to $375.00 and set an “overweight” rating for the company in a research report on Tuesday, November 4th. Wolfe Research decreased their target price on shares of Cigna Group from $345.00 to $325.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 15th. Robert W. Baird lowered their target price on shares of Cigna Group from $372.00 to $315.00 and set an “outperform” rating for the company in a research note on Thursday, December 11th. Finally, Guggenheim reissued a “buy” rating and issued a $318.00 price target on shares of Cigna Group in a research note on Monday, February 2nd. One research 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. Based on data from MarketBeat.com, Cigna Group has a consensus rating of “Moderate Buy” and an average target price of $330.00.

Read Our Latest Analysis on CI

Key Headlines Impacting Cigna Group

Here are the key news stories impacting Cigna Group this week:

  • Positive Sentiment: Several Wall Street firms raised price targets and reiterated buy ratings — Jefferies raised its target to $333 and TD Cowen to $338, signaling analyst confidence in upside and earnings power. Jefferies price target raise TD Cowen price target raise
  • Positive Sentiment: Deutsche Bank also nudged its target higher to $304 and kept a buy rating, reinforcing consensus analyst support. Deutsche Bank raise
  • Positive Sentiment: Zacks highlighted CI as a top-ranked value stock under its style scores, which supports a longer‑term buy case based on valuation metrics. Zacks analysis
  • Neutral Sentiment: Mixed analyst notes published via AmericanBankingNews show conflicting target moves (one note cites a raise to $297 while another reports RBC cutting its target to $333) — overall analyst momentum is positive but not uniform. RBC cut to $333 Price target to $297
  • Negative Sentiment: MarketWatch flagged that CI underperformed its competitors on the session, suggesting sector rotation or short‑term selling pressure versus peers as a driver of the share decline. MarketWatch underperformance
  • Negative Sentiment: Reports that Cigna will cut roughly 2,000 jobs introduce near‑term uncertainty about execution and could be read as a sign of operational stress even though layoffs may reduce costs over time. Beckers report on layoffs

Cigna Group Stock Down 2.3%

Cigna Group stock opened at $287.58 on Wednesday. The firm has a market capitalization of $76.82 billion, a P/E ratio of 12.97, a P/E/G ratio of 1.02 and a beta of 0.27. The company has a current ratio of 0.74, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. Cigna Group has a twelve month low of $239.51 and a twelve month high of $350.00. The stock’s fifty day simple moving average is $275.46 and its 200-day simple moving average is $283.64.

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

Cigna Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th will be issued a dividend of $1.56 per share. This is a boost from Cigna Group’s previous quarterly dividend of $1.51. The ex-dividend date is Thursday, March 5th. This represents a $6.24 annualized dividend and a yield of 2.2%. Cigna Group’s dividend payout ratio (DPR) is presently 27.23%.

About Cigna Group

(Free Report)

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.

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Institutional Ownership by Quarter for Cigna Group (NYSE:CI)

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