Cigna Group $CI Holdings Lifted by Wilsey Asset Management Inc.

Wilsey Asset Management Inc. boosted its holdings in shares of Cigna Group (NYSE:CI) by 5.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 110,801 shares of the health services provider’s stock after buying an additional 5,327 shares during the period. Cigna Group makes up about 4.7% of Wilsey Asset Management Inc.’s holdings, making the stock its 12th biggest position. Wilsey Asset Management Inc.’s holdings in Cigna Group were worth $30,496,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CI. Harbor Capital Advisors Inc. increased its holdings in shares of Cigna Group by 119.5% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 90 shares of the health services provider’s stock valued at $26,000 after purchasing an additional 49 shares during the period. Collier Financial acquired a new stake in shares of Cigna Group during the third quarter worth approximately $34,000. Traub Capital Management LLC purchased a new position in Cigna Group during the second quarter valued at approximately $48,000. Founders Capital Management increased its stake in Cigna Group by 53.0% in the 3rd quarter. Founders Capital Management now owns 153 shares of the health services provider’s stock valued at $44,000 after buying an additional 53 shares during the period. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in Cigna Group in the 2nd quarter worth approximately $52,000. 86.99% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Nicole S. Jones sold 2,307 shares of Cigna Group stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $288.91, for a total value of $666,515.37. Following the transaction, the insider owned 32,647 shares in the company, valued at $9,432,044.77. This trade represents a 6.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Everett Neville sold 1,719 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $288.91, for a total transaction of $496,636.29. Following the transaction, the insider directly owned 5,670 shares of the company’s stock, valued at approximately $1,638,119.70. This represents a 23.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on CI shares. UBS Group reaffirmed a “buy” rating and issued a $375.00 price target on shares of Cigna Group in a research note on Monday, February 9th. Deutsche Bank Aktiengesellschaft upped their target price on Cigna Group from $301.00 to $304.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Robert W. Baird lowered their price target on Cigna Group from $372.00 to $315.00 and set an “outperform” rating for the company in a research note on Thursday, December 11th. Wall Street Zen raised shares of Cigna Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, TD Cowen lifted their target price on shares of Cigna Group from $333.00 to $338.00 and gave the company a “buy” rating in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Cigna Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $333.11.

Cigna Group Stock Performance

Shares of NYSE CI opened at $262.83 on Friday. The business’s 50-day simple moving average is $277.86 and its 200-day simple moving average is $281.70. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 0.74. Cigna Group has a 52 week low of $239.51 and a 52 week high of $350.00. The firm has a market cap of $69.26 billion, a price-to-earnings ratio of 11.85, a P/E/G ratio of 0.92 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 (EPS) for the quarter, topping analysts’ consensus estimates of $7.88 by $0.20. Cigna Group had a return on equity of 19.46% and a net margin of 2.17%.The firm had revenue of $72.50 billion during the quarter, compared to analysts’ expectations of $69.53 billion. During the same quarter in the prior year, the business earned $6.64 earnings per share. The company’s revenue was up 10.4% on a year-over-year basis. Cigna Group has set its FY 2026 guidance at 30.250- EPS. As a group, equities research analysts expect that Cigna Group will post 29.77 earnings per share for the current fiscal year.

Cigna Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 5th were issued a dividend of $1.56 per share. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $6.24 annualized dividend and a dividend yield of 2.4%. This is an increase from Cigna Group’s previous quarterly dividend of $1.51. Cigna Group’s payout ratio is currently 28.13%.

Cigna Group Company 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.