CIGNA Co. (NYSE:CI) EVP John M. Murabito sold 6,099 shares of the firm’s stock in a transaction that occurred on Thursday, January 18th. The shares were sold at an average price of $220.10, for a total transaction of $1,342,389.90. Following the completion of the sale, the executive vice president now owns 68,026 shares in the company, valued at approximately $14,972,522.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

CIGNA Co. (NYSE:CI) opened at $220.75 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.39 and a quick ratio of 0.39. The stock has a market cap of $54,430.00, a P/E ratio of 24.18, a price-to-earnings-growth ratio of 1.46 and a beta of 0.51. CIGNA Co. has a 12-month low of $141.93 and a 12-month high of $221.23.

CIGNA (NYSE:CI) last posted its quarterly earnings results on Thursday, November 2nd. The health services provider reported $2.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.36 by $0.47. The firm had revenue of $10.38 billion for the quarter, compared to analyst estimates of $10.17 billion. CIGNA had a net margin of 5.74% and a return on equity of 18.85%. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.94 earnings per share. equities analysts forecast that CIGNA Co. will post 10.34 EPS for the current year.

A number of institutional investors have recently bought and sold shares of CI. ETRADE Capital Management LLC grew its position in CIGNA by 15.2% in the second quarter. ETRADE Capital Management LLC now owns 2,957 shares of the health services provider’s stock worth $495,000 after buying an additional 390 shares during the last quarter. MML Investors Services LLC grew its position in CIGNA by 0.8% in the second quarter. MML Investors Services LLC now owns 5,774 shares of the health services provider’s stock worth $967,000 after buying an additional 43 shares during the last quarter. Parametric Portfolio Associates LLC grew its position in CIGNA by 28.4% in the second quarter. Parametric Portfolio Associates LLC now owns 690,879 shares of the health services provider’s stock worth $115,646,000 after buying an additional 152,977 shares during the last quarter. TLP Group LLC acquired a new position in CIGNA in the second quarter worth approximately $257,000. Finally, Dimensional Fund Advisors LP grew its position in CIGNA by 22.7% in the second quarter. Dimensional Fund Advisors LP now owns 1,381,416 shares of the health services provider’s stock worth $231,229,000 after buying an additional 255,109 shares during the last quarter. Hedge funds and other institutional investors own 87.89% of the company’s stock.

CI has been the topic of several analyst reports. Jefferies Group raised their price target on shares of CIGNA from $221.00 to $231.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Zacks Investment Research lowered shares of CIGNA from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Citigroup raised their price objective on shares of CIGNA from $198.00 to $231.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. ValuEngine upgraded shares of CIGNA from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Finally, BMO Capital Markets assumed coverage on shares of CIGNA in a research note on Monday, October 16th. They set a “market perform” rating and a $210.00 price objective on the stock. Three research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $205.18.

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CIGNA Company Profile

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, and Other Operations and Corporate.

Insider Buying and Selling by Quarter for CIGNA (NYSE:CI)

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