2,341 Shares in Cigna Group $CI Acquired by Krilogy Financial LLC

Krilogy Financial LLC purchased a new position in Cigna Group (NYSE:CI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,341 shares of the health services provider’s stock, valued at approximately $675,000.

Other large investors also recently modified their holdings of the company. Harbor Capital Advisors Inc. lifted its position in shares of Cigna Group by 119.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 90 shares of the health services provider’s stock worth $26,000 after purchasing an additional 49 shares during the last quarter. Solstein Capital LLC acquired a new stake in Cigna Group in the second quarter valued at $29,000. Chilton Capital Management LLC purchased a new stake in Cigna Group during the 2nd quarter worth about $30,000. Princeton Global Asset Management LLC boosted its position in shares of Cigna Group by 115.6% during the 2nd quarter. Princeton Global Asset Management LLC now owns 97 shares of the health services provider’s stock worth $32,000 after acquiring an additional 52 shares in the last quarter. Finally, Collier Financial purchased a new position in shares of Cigna Group in the 3rd quarter valued at about $34,000. 86.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CI has been the subject of several recent analyst reports. The Goldman Sachs Group decreased their target price on Cigna Group from $370.00 to $330.00 and set a “buy” rating for the company in a research note on Tuesday, November 4th. Raymond James Financial restated a “strong-buy” rating on shares of Cigna Group in a report on Monday, November 3rd. JPMorgan Chase & Co. cut 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 note on Tuesday, November 4th. Cantor Fitzgerald decreased their price objective on shares of Cigna Group from $365.00 to $325.00 in a research note on Friday, October 31st. Finally, Barclays dropped their price objective on Cigna Group from $305.00 to $303.00 and set an “overweight” rating on the stock in a 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 assigned a Hold rating to the stock. Based on data from MarketBeat, Cigna Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $330.00.

Cigna Group Trading Up 1.3%

Shares of Cigna Group stock opened at $291.35 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 0.74. The company has a market capitalization of $77.83 billion, a P/E ratio of 13.14, a PEG ratio of 1.00 and a beta of 0.27. Cigna Group has a 1 year low of $239.51 and a 1 year high of $350.00. The company’s fifty day moving average is $276.85 and its two-hundred day moving average is $283.73.

Cigna Group (NYSE:CI) last announced its earnings results on Thursday, February 5th. The health services provider reported $8.08 earnings per share for the quarter, topping the consensus estimate of $7.88 by $0.20. The business had revenue of $72.50 billion during the quarter, compared to the consensus estimate of $69.53 billion. Cigna Group had a net margin of 2.17% and a return on equity of 19.46%. The business’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $6.64 earnings per share. Cigna Group has set its FY 2026 guidance at 30.250- EPS. Analysts forecast 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. Stockholders of record on Thursday, March 5th will be paid a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a dividend yield of 2.1%. This is a boost from Cigna Group’s previous quarterly dividend of $1.51. The ex-dividend date is Thursday, March 5th. Cigna Group’s dividend payout ratio (DPR) is currently 27.23%.

Cigna Group Profile

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.