As Cigna Corporation (CI) Shares Declined, Origin Asset Management Llp Increased Stake by $13.84 Million

May 16, 2018 - By Norman Soto

Cigna Corporation (NYSE:CI) Corporate LogoBig Money Sentiment decreased to 0.91 in Q4 2017. It has change of 0.05, from 2017Q3’s 0.96. The ratio dropped due to CI positioning: 38 sold and 280 reduced. 92 funds took positions and 197 increased positions. Investors holded 206.32 million in 2017Q3 but now own 208.24 million shares or 0.93% more. Lipe Dalton holds 1.69% of its capital in Cigna Corporation (NYSE:CI) for 12,062 shs. 2,557 are held by Clark Capital Management Gp Incorporated. 67,306 were reported by Texas Permanent School Fund. Argent Capital Mgmt Limited Liability Com reported 3,506 shs or 0.03% of all its holdings. National Pension holds 0.23% or 223,263 shs. Wealthtrust owns 35 shs for 0% of their capital. Mycio Wealth Partners Limited Liability owns 6,714 shs or 0.15% of their US capital. Lincoln stated it has 1,536 shs. Polar Capital Llp holds 170,000 shs. Cetera Advisors Limited Liability Com holds 0.1% or 8,296 shs. Paradigm Asset Mngmt Limited Liability reported 13,700 shs or 0.76% of all its holdings. Retirement Of Alabama owns 0.12% invested in Cigna Corporation (NYSE:CI) for 119,481 shs. Bb&T has invested 0.02% in Cigna Corporation (NYSE:CI). Boston reported 2.70 million shs or 0.65% of all its holdings. Par Cap Management Inc owns 1.00M shs.

CI had 10 sales and 0 insider buys since December 11, 2017. This’s net activity of $17.30 million. On Thursday, January 18 a trade for 6,099 shs valued at $1.34M was made by MURABITO JOHN M. On Friday, March 2 Cordani David also sold $7.05M worth of Cigna Corporation (NYSE:CI). 212 Cigna Corporation (NYSE:CI) shs with value of $44,382 were sold by HARRIS ISAIAH JR. ZARCONE DONNA F sold $1.29 million worth of stock or 5,971 shs. On Friday, March 2 Jones Nicole S sold $1.12 million worth of Cigna Corporation (NYSE:CI). Hocevar Christopher J sold $529,287 worth of Cigna Corporation (NYSE:CI) on Friday, March 2.

Origin Asset Management Llp upped its stake by 68.06% in Cigna Corporation (CI), according to 2017Q4 SEC filling. The company’s stock declined 18.61% with the market as Origin Asset Management Llp bought 68,200 shares. At the end of 2017Q4, the 168,400 shares of the medical specialities company held by the institutional investor were valued at $34.20 million, up from 100,200 at the end of the previous reported quarter. $43.06B is Cigna Corporation’s MC. The stock increased 0.56% or $0.98 during the last trading session, touching $177.04.Currently Cigna Corporation is uptrending after 13.35% change in last May 16, 2017. CI has 755,656 shares volume. CI outperformed the S&P500 by 1.80%.

According to a filing Origin Asset Management Llp reduced its stake in Hasbro Inc (NASDAQ:HAS) by 236,400 shares to 58,222 shares, valued at $5.29M in 2017Q4. The fund operates about $2.70 billion and $1.75 billion US Long portfolio. Origin Asset Management Llp has cut its stake in Arista Networks Inc (NYSE:ANET) and also reduced its holding in Lear Corp (NYSE:LEA) by 19,600 shares in the quarter, for a total of 261,417 shares.

For more Cigna Corporation (NYSE:CI) news published recently go to: Streetinsider.com, Businesswire.com, Thestreet.com, Streetinsider.com or Nasdaq.com. The titles are as follows: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” published on May 15, 2018, “Cigna Furthers its Commitment to Help Curb the National Opioid Epidemic” on May 16, 2018, “The Future of Healthcare Will Have You in Control for a Change: Cigna CEO” with a publish date: May 01, 2018, “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” and the last “Even After Earnings Beat, Cigna Corporation Stock Still Looks Stuck” with publication date: May 11, 2018.

Cigna Corporation (NYSE:CI) Ratings Coverage

In total 11 analysts cover Cigna Corp (NYSE:CI). “Buy” rating has 9, “Sell” are 0, while 2 are “Hold”. 82% are bullish. 14 are the (NYSE:CI)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. On Friday, January 12 Jefferies maintained Cigna Corporation (NYSE:CI) with “Buy” rating. In Monday, March 12 report Credit Suisse maintained the stock with “Outperform” rating. In Wednesday, January 3 report Goldman Sachs initiated the stock with “Hold” rating. On Friday, February 2 the firm earned “Buy” rating by Leerink Swann. On Thursday, February 1 the stock has “Buy” rating by Cowen & Co. On Friday, February 2 Morgan Stanley maintained Cigna Corporation (NYSE:CI) with “Overweight” rating. On Monday, March 26 Jefferies maintained Cigna Corporation (NYSE:CI) rating. Jefferies has “Buy” rating and $22100 target. On Thursday, February 1 the rating was maintained by Jefferies with “Buy”. On Friday, May 4 the stock of Cigna Corporation (NYSE:CI) earned “Outperform” rating by Credit Suisse. On Thursday, February 1 the firm earned “Buy” rating by Piper Jaffray.

Cigna Corporation (NYSE:CI) Institutional Investors Chart

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