Compass Wealth Management LLC Makes New $4.72 Million Investment in Cigna Group $CI

Compass Wealth Management LLC bought a new position in shares of Cigna Group (NYSE:CIFree Report) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 16,715 shares of the health services provider’s stock, valued at approximately $4,718,000.

Several other institutional investors have also made changes to their positions in the stock. Pathway Financial Advisers LLC grew its holdings in shares of Cigna Group by 2.3% during the 2nd quarter. Pathway Financial Advisers LLC now owns 1,501 shares of the health services provider’s stock worth $496,000 after purchasing an additional 34 shares in the last quarter. Armstrong Advisory Group Inc. lifted its position in Cigna Group by 17.7% during the third quarter. Armstrong Advisory Group Inc. now owns 226 shares of the health services provider’s stock worth $65,000 after purchasing an additional 34 shares during the period. HM Payson & Co. grew its stake in Cigna Group by 0.9% during the third quarter. HM Payson & Co. now owns 3,785 shares of the health services provider’s stock worth $1,091,000 after buying an additional 35 shares in the last quarter. Carr Financial Group Corp increased its holdings in Cigna Group by 5.3% in the 3rd quarter. Carr Financial Group Corp now owns 709 shares of the health services provider’s stock valued at $204,000 after buying an additional 36 shares during the period. Finally, Natural Investments LLC raised its position in shares of Cigna Group by 2.0% in the 3rd quarter. Natural Investments LLC now owns 1,843 shares of the health services provider’s stock valued at $531,000 after buying an additional 36 shares in the last quarter. 86.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. reduced 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 report on Tuesday, November 4th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Cigna Group in a report on Monday, December 29th. Mizuho set a $325.00 price target on Cigna Group in a report on Friday, January 9th. Cantor Fitzgerald dropped their price objective on Cigna Group from $365.00 to $325.00 in a research report on Friday, October 31st. Finally, Leerink Partners lifted their target price on Cigna Group from $270.00 to $297.00 and gave the company a “market perform” rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Cigna Group currently has an average rating of “Moderate Buy” and an average price target of $330.63.

View Our Latest Stock Analysis on Cigna Group

Cigna Group Stock Down 1.4%

NYSE:CI opened at $285.92 on Friday. Cigna Group has a one year low of $239.51 and a one year high of $350.00. 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 market cap of $76.38 billion, a PE ratio of 12.89, a P/E/G ratio of 1.01 and a beta of 0.27. The firm’s 50 day simple moving average is $278.79 and its 200 day simple moving average is $284.00.

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

Cigna Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th will be given a $1.56 dividend. 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 dividend on an annualized basis and a dividend yield of 2.2%. Cigna Group’s dividend payout ratio is presently 27.23%.

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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