Cigna Group $CI Shares Acquired by RWA Wealth Partners LLC

RWA Wealth Partners LLC lifted its position in Cigna Group (NYSE:CI) by 816.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,666 shares of the health services provider’s stock after purchasing an additional 20,192 shares during the quarter. RWA Wealth Partners LLC’s holdings in Cigna Group were worth $6,534,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Harbor Capital Advisors Inc. increased its holdings in Cigna Group by 119.5% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 90 shares of the health services provider’s stock worth $26,000 after buying an additional 49 shares during the period. Collier Financial acquired a new stake in Cigna Group during the 3rd quarter valued at approximately $34,000. Quaker Wealth Management LLC boosted its holdings in shares of Cigna Group by 201.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 106 shares of the health services provider’s stock valued at $35,000 after acquiring an additional 211 shares during the last quarter. NewSquare Capital LLC boosted its holdings in shares of Cigna Group by 38.8% in the 2nd quarter. NewSquare Capital LLC now owns 143 shares of the health services provider’s stock valued at $47,000 after acquiring an additional 40 shares during the last quarter. Finally, Traub Capital Management LLC acquired a new stake in shares of Cigna Group in the second quarter worth $48,000. Hedge funds and other institutional investors own 86.99% of the company’s stock.

Cigna Group Stock Performance

Shares of CI stock opened at $284.31 on Thursday. The company has a current ratio of 0.74, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. Cigna Group has a 12-month low of $239.51 and a 12-month high of $350.00. The business’s 50 day moving average is $279.33 and its two-hundred day moving average is $284.41. The company has a market capitalization of $75.95 billion, a P/E ratio of 12.82, a P/E/G ratio of 0.97 and a beta of 0.27.

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. Cigna Group had a return on equity of 19.46% and a net margin of 2.17%.The business had revenue of $72.50 billion during the quarter, compared to the consensus estimate of $69.53 billion. During the same period in the prior year, the company posted $6.64 EPS. The business’s quarterly revenue was up 10.4% on a year-over-year basis. Cigna Group has set its FY 2026 guidance at 30.250- EPS. Analysts expect that Cigna Group will post 29.77 EPS for the current fiscal year.

Cigna Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be given a $1.56 dividend. This represents a $6.24 annualized dividend and a dividend yield of 2.2%. This is a positive change 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 27.23%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CI. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Cigna Group from $301.00 to $304.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Mizuho set a $325.00 price objective on Cigna Group in a report on Friday, January 9th. The Goldman Sachs Group dropped their target price on Cigna Group from $370.00 to $330.00 and set a “buy” rating on the stock in a report on Tuesday, November 4th. Jefferies Financial Group lifted their price target on Cigna Group from $310.00 to $333.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Finally, Wall Street Zen upgraded Cigna Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $330.63.

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.