It has no change, as 53 investors sold CIGNA Corporation shares while 249 reduced holdings. only 73 funds opened positions while 187 raised stakes. The fund owned 2,624 shares of the health services provider's stock after selling 564 shares during the period. The shares sold for $175.01. As of the end of the quarter Ahl Partners Llp had acquired 2,713 shares growing its stake by 2.9%. About 172,796 shares traded or 50.11% up from the average. Beaton Management Co. Inc. bought a new stake in shares of Cigna Corporation in the 2nd quarter valued at approximately $298,000. BT Investment Management Ltd bought a new position in shares of Cigna Corporation in the second quarter worth about $7,820,000. Toronto Dominion Bank increased its holdings in Cigna Corporation by 25.0% in the second quarter. Parallel Advisors LLC now owns 800 shares of the health services provider's stock valued at $139,000 after purchasing an additional 307 shares during the period. Parallel Advisors LLC grew its stake in Cigna Corporation by 62.3% in the 2nd quarter. Cantab Capital Partners Llp claims 18,687 shares worth $3,128,000,000. $1.85 million worth of CIGNA Corporation (NYSE:CI) was sold by Bacus Lisa R. Manders Matthew G sold $990,000 worth of stock or 6,000 shares. 2,462,011 shares of the company traded hands. Cigna Corporation has a one year low of $115.03 and a one year high of $188.36. Company shares last traded at $186.05 just a bit higher than the 50 day moving average of $179.52 and which is quite a bit above the 200 day moving average of $165.10.
The P/E ratio is 21.47 and the market cap is 46.84B. Haverford Tru holds 0.06% of its portfolio in CIGNA Corporation (NYSE:CI) for 20,052 shares. Next quarter's EPS is forecasted to be $2.03 and the next full year EPS is anticipated to be $11.35. The business had revenue of $10.32 billion for the quarter, compared to the consensus estimate of $10.26 billion. Cigna Corporation had a return on equity of 17.40% and a net margin of 5.55%. The business's revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.98 earnings per share. Analysts expect that Cigna Corporation will post $10.02 earnings per share for the current year.
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Additionally, here are a few investment firms who have increased or decreased their stake in (CI).
August 7 investment analysts at Deutsche Bank maintained a stock rating of "Overweight" but moved up the price target from $180.00 to $188.00. Morgan Stanley upped their price target on shares of Cigna Corporation from $188.00 to $195.00 and gave the stock an "overweight" rating in a report on Thursday, August 17th. BidaskClub upgraded shares of Cigna Corporation from a "buy" rating to a "strong-buy" rating in a report on Friday, August 18th. August 7 investment analysts at Citigroup kept the company rating at "Buy" and raised the price target from $98.00 to $198.00. The stock of MYR Group Inc (NASDAQ:MYRG) has "Buy" rating given on Tuesday, August 11 by Zacks. RBC Capital Markets has "Buy" rating and $185.0 target. The stock was sold at an average price of $170.20, for a total value of $26,069,193.60. Following the transaction, the chief executive officer now directly owns 421,162 shares in the company, valued at $71,681,772.40. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director William D. Zollars sold 1,232 shares of the stock in a transaction dated Wednesday, September 13th. The disclosure for this sale can be found here. Insiders have sold 223,821 shares of company stock valued at $38,506,877 over the last three months. Following the transaction, the insider now owns 46,256 shares in the company, valued at $8,095,262.56.
Cigna Corporation (Cigna), launched on November 3, 1981, together with its subsidiaries, is a health services company. The Company, through its subsidiaries, operates offshore supply vessels, multi-purpose support vessels (MPSVs), and a shore-base facility to provide logistics support and specialty services to the offshore gas and oil exploration and production industry, primarily in the United States, Gulf of Mexico, Latin America and selected global markets.