Bank of Stockton boosted its holdings in Cigna Corporation (NYSE:CI) by 42.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,888 shares of the health services provider’s stock after purchasing an additional 2,363 shares during the period. Bank of Stockton’s holdings in Cigna Corporation were worth $1,474,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. JPMorgan Chase & Co. increased its position in shares of Cigna Corporation by 40.8% in the second quarter. JPMorgan Chase & Co. now owns 4,088,728 shares of the health services provider’s stock valued at $684,413,000 after acquiring an additional 1,184,632 shares during the period. FMR LLC increased its position in shares of Cigna Corporation by 6.7% during the second quarter. FMR LLC now owns 6,909,638 shares of the health services provider’s stock valued at $1,156,604,000 after buying an additional 432,978 shares during the period. Arrowstreet Capital Limited Partnership increased its position in shares of Cigna Corporation by 4,082.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 438,231 shares of the health services provider’s stock valued at $73,355,000 after buying an additional 427,754 shares during the period. Vanguard Group Inc. increased its position in shares of Cigna Corporation by 2.5% during the second quarter. Vanguard Group Inc. now owns 17,130,735 shares of the health services provider’s stock valued at $2,867,514,000 after buying an additional 424,469 shares during the period. Finally, American Century Companies Inc. increased its position in shares of Cigna Corporation by 56.9% during the second quarter. American Century Companies Inc. now owns 1,140,341 shares of the health services provider’s stock valued at $190,882,000 after buying an additional 413,759 shares during the period. 89.69% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently issued reports on CI shares. Citigroup Inc. boosted their price target on shares of Cigna Corporation from $185.00 to $198.00 and gave the company a “buy” rating in a research report on Monday, August 7th. Royal Bank Of Canada reiterated a “buy” rating and set a $185.00 price target on shares of Cigna Corporation in a research report on Wednesday, August 9th. Deutsche Bank AG boosted their price target on shares of Cigna Corporation from $180.00 to $190.00 and gave the company a “buy” rating in a research report on Monday, August 7th. Credit Suisse Group reiterated a “buy” rating and set a $196.00 price target on shares of Cigna Corporation in a research report on Friday, August 4th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $190.00 price target (down previously from $199.00) on shares of Cigna Corporation in a research report on Friday, August 4th. Three research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Cigna Corporation currently has an average rating of “Buy” and a consensus price target of $201.50.

In related news, CAO Mary T. Hoeltzel sold 575 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $197.03, for a total transaction of $113,292.25. Following the completion of the transaction, the chief accounting officer now directly owns 2,499 shares of the company’s stock, valued at $492,377.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Isaiah Harris, Jr. sold 247 shares of the firm’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $185.27, for a total transaction of $45,761.69. The disclosure for this sale can be found here. Insiders sold 4,290 shares of company stock worth $792,090 over the last quarter. Insiders own 1.30% of the company’s stock.

Shares of Cigna Corporation (CI) traded down $0.37 during trading on Tuesday, reaching $197.61. 1,277,900 shares of the company were exchanged, compared to its average volume of 1,361,937. The company has a market capitalization of $48,811.91, a P/E ratio of 19.07, a price-to-earnings-growth ratio of 1.51 and a beta of 0.49. Cigna Corporation has a 12 month low of $131.03 and a 12 month high of $206.45. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.37.

Cigna Corporation (NYSE:CI) last released its quarterly earnings results on Thursday, November 2nd. The health services provider reported $2.83 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.36 by $0.47. Cigna Corporation had a net margin of 5.74% and a return on equity of 18.85%. The business had revenue of $10.38 billion for the quarter, compared to the consensus estimate of $10.17 billion. During the same period last year, the firm earned $1.94 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. equities research analysts predict that Cigna Corporation will post 10.34 earnings per share for the current fiscal year.

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About Cigna Corporation

Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company’s segments include Global Health Care, Global Supplemental Benefits, Group Disability and Life, and Other Operations and Corporate.

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Institutional Ownership by Quarter for Cigna Corporation (NYSE:CI)

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