Caprock Group LLC Makes New $4.12 Million Investment in Cigna Group $CI

Caprock Group LLC purchased a new stake in Cigna Group (NYSE:CI) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 13,705 shares of the health services provider’s stock, valued at approximately $4,124,000.

Several other large investors also recently made changes to their positions in CI. Krilogy Financial LLC acquired a new stake in shares of Cigna Group during the third quarter worth $675,000. Advisors Asset Management Inc. increased its holdings in Cigna Group by 1.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 6,508 shares of the health services provider’s stock worth $1,876,000 after purchasing an additional 89 shares in the last quarter. ABC Arbitrage SA bought a new position in Cigna Group during the 3rd quarter worth about $1,455,000. Stratos Wealth Partners LTD. raised its stake in shares of Cigna Group by 3.0% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 5,785 shares of the health services provider’s stock valued at $1,668,000 after purchasing an additional 170 shares during the period. Finally, Baader Bank Aktiengesellschaft lifted its holdings in shares of Cigna Group by 21.6% in the third quarter. Baader Bank Aktiengesellschaft now owns 1,503 shares of the health services provider’s stock valued at $433,000 after purchasing an additional 267 shares in the last quarter. Institutional investors own 86.99% of the company’s stock.

Cigna Group Stock Up 2.2%

Shares of CI stock opened at $294.27 on Thursday. Cigna Group has a 52-week low of $239.51 and a 52-week high of $350.00. The stock has a market cap of $78.61 billion, a price-to-earnings ratio of 13.27, a PEG ratio of 1.00 and a beta of 0.27. The firm’s 50-day moving average is $275.93 and its 200-day moving average is $283.71. 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 (NYSE:CI) last announced its quarterly 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. Cigna Group had a return on equity of 19.46% and a net margin of 2.17%.The firm had revenue of $72.50 billion for the quarter, compared to the consensus estimate of $69.53 billion. During the same quarter in the previous year, the business earned $6.64 earnings per share. The business’s revenue was up 10.4% compared to the same quarter last year. Cigna Group has set its FY 2026 guidance at 30.250- EPS. Sell-side analysts predict that Cigna Group will post 29.77 EPS for the current year.

Cigna Group Increases Dividend

The company 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 $1.56 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This is a positive change 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 dividend payout ratio (DPR) is currently 27.23%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Sanford C. Bernstein reiterated a “market perform” rating and set a $307.00 price objective on shares of Cigna Group in a report on Tuesday, January 6th. Robert W. Baird decreased their price target 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. Leerink Partners boosted their price objective on shares of Cigna Group from $270.00 to $297.00 and gave the stock a “market perform” rating in a research report on Friday, February 6th. Jefferies Financial Group increased their target price on shares of Cigna Group from $310.00 to $333.00 and gave the stock a “buy” rating in a report on Monday. Finally, Mizuho set a $325.00 price target on shares of Cigna Group in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Cigna Group has a consensus rating of “Moderate Buy” and an average 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.