Cigna Group $CI Shares Sold by Anchor Investment Management LLC

Anchor Investment Management LLC reduced its stake in Cigna Group (NYSE:CIFree Report) by 40.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,002 shares of the health services provider’s stock after selling 2,019 shares during the quarter. Anchor Investment Management LLC’s holdings in Cigna Group were worth $865,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CI. Brighton Jones LLC increased its stake in shares of Cigna Group by 9.3% during the fourth quarter. Brighton Jones LLC now owns 3,736 shares of the health services provider’s stock worth $1,032,000 after acquiring an additional 318 shares during the period. Sivia Capital Partners LLC lifted its position in Cigna Group by 10.4% in the second quarter. Sivia Capital Partners LLC now owns 1,160 shares of the health services provider’s stock valued at $384,000 after purchasing an additional 109 shares during the period. SBI Securities Co. Ltd. boosted its holdings in Cigna Group by 15.1% in the 2nd quarter. SBI Securities Co. Ltd. now owns 458 shares of the health services provider’s stock valued at $151,000 after purchasing an additional 60 shares in the last quarter. Intrua Financial LLC purchased a new stake in Cigna Group in the 2nd quarter valued at approximately $201,000. Finally, Empower Advisory Group LLC increased its position in Cigna Group by 1.3% during the 2nd quarter. Empower Advisory Group LLC now owns 11,263 shares of the health services provider’s stock worth $3,723,000 after purchasing an additional 143 shares during the period. Hedge funds and other institutional investors own 86.99% of the company’s stock.

Cigna Group Stock Up 0.5%

CI stock opened at $267.15 on Monday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.74 and a quick ratio of 0.74. The company’s 50 day simple moving average is $279.60 and its 200-day simple moving average is $282.70. Cigna Group has a 12 month low of $239.51 and a 12 month high of $350.00. The firm has a market capitalization of $70.40 billion, a PE ratio of 12.04, a P/E/G ratio of 0.93 and a beta of 0.27.

Cigna Group (NYSE:CIGet Free Report) last issued its quarterly earnings data on Thursday, February 5th. The health services provider reported $8.08 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $69.53 billion. During the same period in the previous year, the firm posted $6.64 EPS. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. Cigna Group has set its FY 2026 guidance at 30.250- EPS. Equities analysts expect that Cigna Group will post 29.77 earnings per share for the current fiscal year.

Cigna Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be issued a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a dividend yield of 2.3%. This is a positive change from Cigna Group’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Thursday, March 5th. Cigna Group’s payout ratio is presently 28.13%.

Analyst Upgrades and Downgrades

CI has been the subject of a number of analyst reports. Wall Street Zen raised Cigna Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. UBS Group reaffirmed a “buy” rating and set a $375.00 price objective on shares of Cigna Group in a report on Monday, February 9th. TD Cowen increased their price objective on Cigna Group from $333.00 to $338.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Guggenheim reissued a “buy” rating and issued a $318.00 target price on shares of Cigna Group in a report on Monday, February 2nd. Finally, Robert W. Baird decreased their target price on shares of Cigna Group from $372.00 to $315.00 and set an “outperform” rating on the stock in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $333.11.

Read Our Latest Analysis on CI

More Cigna Group News

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

Insider Buying and Selling at Cigna Group

In related news, insider Everett Neville sold 1,719 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $288.91, for a total transaction of $496,636.29. Following the sale, the insider owned 5,670 shares of the company’s stock, valued at $1,638,119.70. This trade represents a 23.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Nicole S. Jones sold 2,307 shares of Cigna Group stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $288.91, for a total value of $666,515.37. Following the sale, the insider owned 32,647 shares of the company’s stock, valued at approximately $9,432,044.77. This represents a 6.60% decrease in their position. The SEC filing for this sale provides additional information. 0.70% of the stock is owned by corporate insiders.

Cigna Group Profile

(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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