Cigna Corp (NYSE:CI) Sentiment Falls in 2018 Q1 to 0.83

June 27, 2018 - By Margaret Staats

Cigna Corporation (NYSE:CI) Corporate Logo

“Big money” Positions

In 2018 Q1 Cigna Corp (NYSE:CI) big money sentiment decreased to 0.83, according to SEC.gov filings. So its down -0.08, from 2017Q4’s 0.91. 305 institutional investors opened new and increased holdings, while 366 decreased and sold equity positions in Cigna Corp so the sentiment has dropped. Funds own 206.15 million shares, 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. In total 85 funds closed positions, 281 reduced and 200 increased. Also 105 funds bought new Cigna Corp stakes.

Most Cigna Corp Investors

Accipiter Capital Management Llc owns 35,000 shares in Cigna Corp as of 2018 Q1. As of 2018 Q1, 6,600 shares of Cigna Corp are owned by R. G. Niederhoffer Capital Management Inc. Senzar Asset Management Llc reported 91,800 shares. The New York-based fund Rudman Errol M have invested about 3.46% of the investment manager’s stock portfolio in Cigna Corp. The United Kingdom-based fund Veritas Asset Management Llp holds 2.44 million shares or 3.32% of their US long equity exposure.

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.

Ticker’s shares touched $174.28 during the last trading session after 0.77% change.Currently Cigna Corporation is uptrending after 8.82% change in last June 27, 2017. CI has 677,498 shares volume. CI underperformed the S&P500 by 3.75%.

On August, 3 WallStreet expected Cigna Corporation (NYSE:CI)’s earnings report, as reported by RTT. Analysts forecast $3.56 earnings per share. That’s $0.65 up or 22.34 % from 2017’s earnings of $2.91. If CI’s EPS is $3.56 the profit will hit $866.04 million for 12.24 P/E. Wall Street now forecasts -13.38 % negative EPS growth despite Cigna Corporation last quarter’s EPS of $4.11.

Commercial Bank holds 0.02% in Cigna Corporation (NYSE:CI) or 8,156 shs. First Midwest Bankshares Division holds 0.07% or 3,130 shs in its capital. Lockheed Martin Inv Mgmt owns 4,000 shs. Jfs Wealth Advsrs Ltd Liability Corp accumulated 288 shs. 1,812 were reported by Fred Alger Mgmt Inc. Srb reported 1,086 shs or 0.02% of all its holdings. Commonwealth Of Pennsylvania School Empls Retrmt Sys has invested 0% in Cigna Corporation (NYSE:CI). Origin Asset Llp accumulated 1.38% or 131,000 shs. Chemical Bank & Trust has invested 0.04% of its capital in Cigna Corporation (NYSE:CI). Thompson Davis holds 50 shs. Boston Partners owns 2.89 million shs for 0.58% of their capital. Scotia Capital owns 8,973 shs. Art Ltd Com stated it has 0.07% of its capital in Cigna Corporation (NYSE:CI). Norinchukin Savings Bank The accumulated 0.06% or 22,254 shs. Ww Asset Mngmt invested in 16,384 shs or 0.13% of the stock.

Cigna Corporation had 11 insider sales and 0 buys since January 10, 2018. This’s net activity of $17.48 million. On Thursday, June 14 ZOLLARS WILLIAM D sold $46,886 worth of Cigna Corporation (NYSE:CI) or 265 shs. MURABITO JOHN M sold $1.34M worth of stock. 400 shs valued at $85,184 were sold by HENNEY JANE E MD on Friday, January 12. 5,856 shs were sold by Jones Nicole S, worth $1.12 million. 2,759 Cigna Corporation (NYSE:CI) shs with value of $529,287 were sold by Hocevar Christopher J. Agoglia Hoeltzel Mary T also sold $176,187 worth of Cigna Corporation (NYSE:CI) shs.

Cigna Corporation (NYSE:CI) Ratings Coverage

A total of 11 analysts rate Cigna Corp (NYSE:CI) as follows: 10 “Buy”, 1 “Hold” and 0 “Sell”. Š¢herefore 91% are bullish. The firm has $255 highest and $194 lowest target. The avg target $227.89 is 30.76% above the last ($174.28) price. (NYSE:CI) has 15 ratings reports on 27 Jun 2018 according to StockzIntelligence. The company rating was maintained by Leerink Swann on Friday, February 2. On Wednesday, January 3 the rating was initiated by Goldman Sachs with “Hold”. In Friday, May 4 report Credit Suisse maintained it with “Outperform” rating and $218 target. On Monday, March 12 Credit Suisse maintained the shares of CI in report with “Outperform” rating. On Monday, March 26 the stock of Cigna Corporation (NYSE:CI) has “Buy” rating given by Jefferies. The stock rating was maintained by Jefferies with “Buy” on Friday, January 12. On Thursday, February 1 the company was maintained by Cowen & Co. On Wednesday, June 6 the rating was upgraded by Goldman Sachs to “Buy”. On Thursday, February 1 Piper Jaffray maintained the shares of CI in report with “Buy” rating. On Friday, February 2 the company was maintained by Morgan Stanley.

More recent Cigna Corporation (NYSE:CI) news were brought out by Fool.com, Seekingalpha.com and Globenewswire.com. The first one has “6 Top Healthcare Trends You Can’t Afford to Ignore” as a title and was brought out on June 27, 2018. The next is “Here Comes The Next Biotech Revolution” on June 26, 2018. And last was brought out 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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