Big Money’s Pro-Cigna Corp (NYSE:CI) Sentiment In Q1 2018, now at 0.83

June 27, 2018 - By Cynthia Ashman

Cigna Corporation (NYSE:CI) Corporate Logo

Positions for Cigna Corp (NYSE:CI)

In Q1 2018 Cigna Corp (NYSE:CI) big money sentiment decreased to 0.83, revealed SEC filings. So its down -0.08, from 2017Q4’s 0.91. 305 funds increased or opened new positions, while 366 sold and reduced positions in Cigna Corp so the sentiment is negative. These funds own 206.15 million shares, that’s down from 208.24 million shares in 2017Q4. Funds holding Cigna Corp in top 10 decreased from 10 to 8 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 Q1 2018. Cigna Corp’s shareholder R. G. Niederhoffer Capital Management Inc owns 6,600 shares as of Q1 2018. Senzar Asset Management Llc reported 91,800 shares. Rudman Errol M revealed 43,000 shares position in Cigna Corp. The United Kingdom-based fund Veritas Asset Management Llp looks positive on Cigna Corp, possessing 2.44 million shares.

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.The P/E ratio is 17.17. 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.Cigna Corporation has volume of 677,498 shares. Since June 27, 2017 CI has risen 8.82% and is uptrending. CI underperformed the S&P500 by 3.75%.

Investors wait Cigna Corporation (NYSE:CI)’s quarterly earnings on August, 3., as reported by RTT. Analysts expect change of 22.34 % or $0.65 from previous year’s $2.91 earnings per share compared to current’s $3.56 earnings per share. If $3.56 is reported, CI’s profit will hit $866.04 million for 12.24 P/E. After $4.11 earnings per share was revealed previous quarter, analysts now see negative EPS growth of -13.38 % for Cigna Corporation.

Towerview Ltd Co reported 12,500 shs stake. Paradigm Asset Mgmt Ltd has invested 0% in Cigna Corporation (NYSE:CI). British Columbia Invest Mngmt accumulated 164,700 shs. Ifrah Ser Inc invested 0.08% in Cigna Corporation (NYSE:CI). Moreover, Menta Capital Ltd Co has 0.07% invested in Cigna Corporation (NYSE:CI) for 1,940 shs. Guardian Life Insurance Co Of America accumulated 567 shs. Carnegie Asset Limited Liability holds 0.05% in Cigna Corporation (NYSE:CI) or 3,202 shs. First Republic Mngmt Incorporated holds 0.01% or 8,599 shs. Cubic Asset Management Limited invested 0.32% in Cigna Corporation (NYSE:CI). Pictet Asset Mgmt Limited accumulated 339,966 shs. Highbridge Capital Mngmt Ltd Liability Com accumulated 0.11% or 40,813 shs. Nuveen Asset Mngmt Lc owns 305,582 shs or 0.33% of their US capital. Janney Montgomery Scott Lc holds 28,985 shs. Martingale Asset Management Lp owns 224,742 shs. Farallon Capital Mgmt Limited Liability Com reported 0.21% in Cigna Corporation (NYSE:CI).

Cigna Corporation had 11 selling transactions and 0 buys since January 10, 2018. This’s net activity of $17.48 million. Agoglia Hoeltzel Mary T sold $176,187 worth of stock. ZARCONE DONNA F sold $1.29M worth of Cigna Corporation (NYSE:CI) or 5,971 shs on Tuesday, January 16. On Thursday, January 18 $1.34M worth of stock was sold by MURABITO JOHN M. Hocevar Christopher J had sold 2,759 shs worth $529,287 on Friday, March 2. Another trade for 229 shs valued at $37,890 was sold by ZOLLARS WILLIAM D. Cordani David also sold $7.05 million worth of Cigna Corporation (NYSE:CI) on Friday, March 2.

Cigna Corporation (NYSE:CI) Ratings Coverage

In total 11 analysts cover Cigna Corp (NYSE:CI). “Buy” rating has 10, “Sell” are 0, while 1 are “Hold”. (NYSE:CI) has 91% bullish analysts. With $255 highest and $194 lowest PT, Cigna Corp has $227.89 average PT or 30.76% above the current ($174.28) price. 15 are the (NYSE:CI)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Friday, February 2 Leerink Swann maintained Cigna Corporation (NYSE:CI) rating. Leerink Swann has “Buy” rating and $250.0 target. On Monday, March 26 the stock of Cigna Corporation (NYSE:CI) earned “Buy” rating by Jefferies. On Thursday, February 1 the firm has “Buy” rating by Piper Jaffray given. On Wednesday, June 6 the firm has “Buy” rating given by Goldman Sachs. On Wednesday, January 3 the firm earned “Hold” rating by Goldman Sachs. On Friday, May 4 Credit Suisse maintained Cigna Corporation (NYSE:CI) with “Outperform” rating. On Thursday, February 1 the firm has “Buy” rating given by Jefferies. On Friday, January 12 Jefferies maintained Cigna Corporation (NYSE:CI) rating. Jefferies has “Buy” rating and $243.0 target. In Monday, March 12 report Credit Suisse maintained it with “Outperform” rating and $215 target. On Thursday, February 1 the company was maintained by Cowen & Co.

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