Cigna Corp 2018 Q1 Big Money Sentiment Better Than Expected: at 0.83

June 27, 2018 - By Bridget Boland

Cigna Corporation (NYSE:CI) Corporate Logo

Cigna Corp’s Sentiment

“Big money sentiment for Cigna Corp (NYSE:CI) in Q1 2018 decreased to 0.83, SEC.gov filings reveal. So its down -0.08, from 2017Q4’s 0.91. 305 funds increased and opened new holdings, while 366 reduced and sold their stock positions in Cigna Corp so the sentiment has dropped. These funds own 206.15 million shares, that’s down from 208.24 million shares in 2017Q4. Funds holding Cigna Corp in top 10 changed to 8 from 10 for a decrease of 2. 85 Investors Sold All; 281 Reduced Holdings; 200 increased stakes while 105 funds bought stakes.

Significant Cigna Corp Shareholders

As of Q1 2018 Accipiter Capital Management Llc has 12.39% invested in Cigna Corp. Cigna Corp’s shareholder R. G. Niederhoffer Capital Management Inc owns 6,600 shares as of Q1 2018. Senzar Asset Management Llc reported 91,800 shares. The New York-based fund Rudman Errol M have invested about 3.46% of the active investment manager’s stock portfolio in Cigna Corp. The United Kingdom-based fund Veritas Asset Management Llp looks positive on Cigna Corp, owning 2.44 million shares.

Cigna Corporation, a health services organization, provides insurance and related services and products in the United States and internationally.The company has $42.40 billion market cap. It operates through Global Health Care, Global Supplemental Benefits, Group Disability and Life, and Other Operations divisions.17.17 is the P/E ratio. The Global Health Care segment offers medical, dental, behavioral health, vision, and prescription drug benefit plans, as well as health advocacy programs, and other services and products to insured and self-insured customers.

CI reached $174.28 during the last trading session after $1.33 change.Cigna Corporation has volume of 677,498 shares. Since June 27, 2017 CI has risen 8.82% and is uptrending. The stock underperformed the S&P500 by 3.75%.

Earnings report for Cigna Corporation (NYSE:CI) is expected on August, 3., Zacks reports. This year’s EPS analyst estimate is expected to be $3.56. That is 22.34 % up compareed to $2.91 EPS for last year. CI’s profit could be $866.04M if the current EPS of $3.56 is accurate. -13.38 % negative EPS growth is what Wall Street’s sees after $4.11 reported EPS previous quarter.

Grisanti Cap Llc holds 2,740 shs or 0.21% of its capital. Texas Permanent School Fund accumulated 0.14% or 62,754 shs. Investec Asset Management North America Inc has invested 1.67% in Cigna Corporation (NYSE:CI). Contravisory Investment Management Inc owns 21,777 shs. Sun Life Fincl reported 186 shs. Glenview Cap Ltd Com accumulated 2.15 million shs. 16,000 were accumulated by Harvest Mgmt Ltd Liability. Los Angeles Capital Mngmt And Equity Research has 176,742 shs. Wetherby Asset Mngmt Inc stated it has 4,453 shs or 0.1% of all its holdings. Td Asset Management holds 0.08% of its capital in Cigna Corporation (NYSE:CI) for 304,405 shs. Alphaone Invest Ser Limited Liability holds 0.03% of its capital in Cigna Corporation (NYSE:CI) for 588 shs. Jennison Associate Limited Com accumulated 901,941 shs. Massachusetts-based Trillium Asset Mgmt Limited Company has invested 1.24% in Cigna Corporation (NYSE:CI). Kanawha Mngmt Limited Liability has 0.12% invested in Cigna Corporation (NYSE:CI) for 4,866 shs. Nichols Pratt Advisers Limited Liability Partnership Ma has 8,150 shs.

Cigna Corporation had 11 insider sales and 0 buys since January 10, 2018. This’s net activity of $17.48 million. On Friday, May 25 the insider Agoglia Hoeltzel Mary T sold $176,187. MURABITO JOHN M sold 6,099 shs worth $1.34 million. 5,971 shs were sold by ZARCONE DONNA F, worth $1.29M on Tuesday, January 16. HENNEY JANE E MD sold $85,184 worth of Cigna Corporation (NYSE:CI) or 400 shs on Friday, January 12. Another trade for 36,769 shs valued at $7.05M was made by Cordani David on Friday, March 2. Jones Nicole S sold $1.12 million worth of Cigna Corporation (NYSE:CI) or 5,856 shs on Friday, March 2.

Cigna Corporation (NYSE:CI) Ratings Coverage

Total analysts of 11 have positions in Cigna Corp (NYSE:CI) as follows: 10 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 91%. The firm has $255 highest while $194 is the lowest PT. The average target $227.89 is 30.76% above the last ($174.28) price. Since January 3, 2018 according to StockzIntelligence Inc Cigna Corp has 15 analyst reports. On Friday, January 12 Jefferies maintained Cigna Corporation (NYSE:CI) with “Buy” rating. On Friday, May 4 the firm has “Outperform” rating by Credit Suisse given. In Friday, February 2 report Morgan Stanley maintained the stock with “Overweight” rating. On Thursday, February 1 the firm earned “Buy” rating by Piper Jaffray. On Monday, March 26 Jefferies maintained Cigna Corporation (NYSE:CI) with “Buy” rating. On Friday, February 2 Leerink Swann maintained the shares of CI in report with “Buy” rating. On Wednesday, June 6 Goldman Sachs upgraded Cigna Corporation (NYSE:CI) rating. Goldman Sachs has “Buy” rating and $21200 target. On Thursday, February 1 Jefferies maintained the shares of CI in report with “Buy” rating. On Monday, March 12 the stock has “Outperform” rating by Credit Suisse. On Thursday, February 1 the stock of Cigna Corporation (NYSE:CI) earned “Buy” rating by Cowen & Co.

More recent Cigna Corporation (NYSE:CI) news were published by Seekingalpha.com, Fool.com and Globenewswire.com. The first one has “Here Comes The Next Biotech Revolution” as a title and was published on June 26, 2018. The next is “6 Top Healthcare Trends You Can’t Afford to Ignore” on June 27, 2018. And last was published on June 25, 2018, called “Recent Analysis Shows Cigna, Basic Energy Services, KalVista Pharmaceuticals, QuinStreet, Armstrong World …”.

Cigna Corporation (NYSE:CI) Institutional Investors Chart

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