Cigna Corp. (NYSE:CI)’s share price traded down 1.1% during mid-day trading on Monday . The stock traded as low as $130.56 and last traded at $131.88, with a volume of 889,808 shares changing hands. The stock had previously closed at $133.31.

Several equities analysts have issued reports on the stock. Goldman Sachs Group Inc. raised shares of Cigna Corp. from a “buy” rating to a “conviction-buy” rating and dropped their price objective for the company from $170.00 to $165.00 in a research note on Friday, July 22nd. Zacks Investment Research cut shares of Cigna Corp. from a “buy” rating to a “hold” rating in a research note on Monday, July 11th. Barclays PLC boosted their price objective on shares of Cigna Corp. from $156.00 to $168.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 1st. Oppenheimer Holdings Inc. reissued an “outperform” rating and issued a $149.00 price objective on shares of Cigna Corp. in a research note on Friday, July 8th. Finally, Citigroup Inc. dropped their price objective on shares of Cigna Corp. from $174.00 to $146.00 and set a “buy” rating on the stock in a research note on Wednesday, August 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Cigna Corp. presently has an average rating of “Buy” and an average target price of $160.87.

The firm has a market cap of $33.85 billion and a PE ratio of 17.11. The company’s 50 day moving average price is $130.78 and its 200 day moving average price is $133.33.

Cigna Corp. (NYSE:CI) last posted its earnings results on Friday, July 29th. The company reported $1.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.39 by $0.41. The business earned $9.89 billion during the quarter, compared to the consensus estimate of $9.98 billion. The business’s revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.55 EPS. Equities analysts anticipate that Cigna Corp. will post $8.14 earnings per share for the current year.

A number of large investors recently bought and sold shares of CI. GSA Capital Partners LLP boosted its stake in Cigna Corp. by 21.3% in the fourth quarter. GSA Capital Partners LLP now owns 7,692 shares of the company’s stock worth $1,126,000 after buying an additional 1,349 shares during the last quarter. Gyroscope Capital Management Group LLC boosted its stake in Cigna Corp. by 492.6% in the fourth quarter. Gyroscope Capital Management Group LLC now owns 14,324 shares of the company’s stock worth $2,096,000 after buying an additional 11,907 shares during the last quarter. Calvert Investment Management Inc. boosted its stake in Cigna Corp. by 23.3% in the fourth quarter. Calvert Investment Management Inc. now owns 14,506 shares of the company’s stock worth $2,123,000 after buying an additional 2,737 shares during the last quarter. State of Tennessee Treasury Department boosted its stake in Cigna Corp. by 20.1% in the fourth quarter. State of Tennessee Treasury Department now owns 130,395 shares of the company’s stock worth $19,081,000 after buying an additional 21,863 shares during the last quarter. Finally, Jennison Associates LLC boosted its stake in Cigna Corp. by 36.0% in the fourth quarter. Jennison Associates LLC now owns 924,219 shares of the company’s stock worth $135,241,000 after buying an additional 244,864 shares during the last quarter.

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, Other Operations and Corporate.

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