Cigna Group $CI Shares Purchased by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC raised its holdings in shares of Cigna Group (NYSE:CI) by 45.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,990 shares of the health services provider’s stock after acquiring an additional 1,872 shares during the period. Flagship Harbor Advisors LLC’s holdings in Cigna Group were worth $1,649,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of CI. Portside Wealth Group LLC increased its stake in Cigna Group by 19.4% during the 4th quarter. Portside Wealth Group LLC now owns 5,106 shares of the health services provider’s stock valued at $1,405,000 after buying an additional 829 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of Cigna Group by 380.8% in the fourth quarter. Sound Income Strategies LLC now owns 351 shares of the health services provider’s stock valued at $96,000 after acquiring an additional 278 shares in the last quarter. Unison Advisors LLC boosted its holdings in shares of Cigna Group by 0.5% in the fourth quarter. Unison Advisors LLC now owns 12,573 shares of the health services provider’s stock valued at $3,460,000 after acquiring an additional 60 shares in the last quarter. Cidel Asset Management Inc. increased its stake in shares of Cigna Group by 10.0% during the fourth quarter. Cidel Asset Management Inc. now owns 5,069 shares of the health services provider’s stock valued at $1,395,000 after acquiring an additional 462 shares during the period. Finally, Sowell Financial Services LLC increased its stake in shares of Cigna Group by 5.0% during the fourth quarter. Sowell Financial Services LLC now owns 5,970 shares of the health services provider’s stock valued at $1,643,000 after acquiring an additional 283 shares during the period. Institutional investors own 86.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Truist Financial upped their target price on Cigna Group from $320.00 to $350.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Weiss Ratings reissued a “hold (c-)” rating on shares of Cigna Group in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft raised their target price on Cigna Group from $301.00 to $304.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Jefferies Financial Group lifted their target price on Cigna Group from $310.00 to $333.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Finally, Mizuho set a $325.00 price target on shares of Cigna Group in a research report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Cigna Group has an average rating of “Moderate Buy” and a consensus target price of $333.11.

Insider Transactions at Cigna Group

In other news, insider Nicole S. Jones sold 2,307 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $288.91, for a total transaction of $666,515.37. Following the sale, the insider owned 32,647 shares in the company, valued at $9,432,044.77. The trade was a 6.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Everett Neville sold 1,719 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $288.91, for a total transaction of $496,636.29. Following the completion of the sale, the insider owned 5,670 shares of the company’s stock, valued at approximately $1,638,119.70. This trade represents a 23.26% decrease in their position. The SEC filing for this sale provides additional information. 0.60% of the stock is currently owned by corporate insiders.

Cigna Group Price Performance

Shares of NYSE:CI opened at $274.06 on Wednesday. The company has a market capitalization of $72.22 billion, a PE ratio of 12.36, a price-to-earnings-growth ratio of 0.94 and a beta of 0.26. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a fifty day moving average of $276.17 and a 200-day moving average of $278.76. Cigna Group has a one year low of $239.51 and a one year high of $350.00.

Cigna Group (NYSE:CI) last issued its earnings results on Thursday, February 5th. The health services provider reported $8.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.88 by $0.20. The business had revenue of $72.50 billion for 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%.The company’s quarterly revenue 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 anticipate that Cigna Group will post 29.77 EPS for the current fiscal year.

Cigna Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th were issued a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a yield of 2.3%. The ex-dividend date was Thursday, March 5th. This is a boost from Cigna Group’s previous quarterly dividend of $1.51. Cigna Group’s dividend payout ratio is presently 28.13%.

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.