2,526 Shares in Cigna Group $CI Acquired by Alps Advisors Inc.

Alps Advisors Inc. bought a new position in shares of Cigna Group (NYSE:CI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,526 shares of the health services provider’s stock, valued at approximately $728,000.

Several other institutional investors have also recently made changes to their positions in CI. Harbor Capital Advisors Inc. increased its holdings in shares of Cigna Group by 119.5% during the third quarter. Harbor Capital Advisors Inc. now owns 90 shares of the health services provider’s stock valued at $26,000 after acquiring an additional 49 shares in the last quarter. Solstein Capital LLC bought a new stake in Cigna Group during the second quarter worth $29,000. Chilton Capital Management LLC purchased a new position in shares of Cigna Group in the 2nd quarter worth about $30,000. Princeton Global Asset Management LLC lifted its stake 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 purchasing an additional 52 shares during the last quarter. Finally, Quaker Wealth Management LLC lifted its stake 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 purchasing an additional 211 shares during the last quarter. Institutional investors and hedge funds own 86.99% of the company’s stock.

Analyst Ratings Changes

CI has been the subject of a number of recent research reports. Barclays decreased their target price on Cigna Group from $305.00 to $303.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. Sanford C. Bernstein reiterated a “market perform” rating and set a $307.00 price target on shares of Cigna Group in a research note on Tuesday, January 6th. Raymond James Financial restated a “strong-buy” rating on shares of Cigna Group in a research note on Monday, November 3rd. Morgan Stanley reaffirmed an “overweight” rating and set a $355.00 price objective on shares of Cigna Group in a report on Friday, October 31st. Finally, JPMorgan Chase & Co. cut their target price on shares of Cigna Group from $428.00 to $375.00 and set an “overweight” rating for the company in a research report on Tuesday, November 4th. One 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $330.00.

Cigna Group Trading Down 2.4%

Shares of CI stock opened at $287.53 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.74 and a debt-to-equity ratio of 0.74. The business has a 50-day moving average price of $276.33 and a two-hundred day moving average price of $283.74. Cigna Group has a 12-month low of $239.51 and a 12-month high of $350.00. The firm has a market cap of $76.81 billion, a P/E ratio of 12.96, a price-to-earnings-growth ratio of 1.02 and a beta of 0.27.

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

Cigna Group Increases Dividend

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

About Cigna Group

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.