Van Den Berg Management I Inc. Boosts Stock Position in Cigna Group $CI

Van Den Berg Management I Inc. increased its stake in shares of Cigna Group (NYSE:CI) by 14.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,665 shares of the health services provider’s stock after purchasing an additional 3,983 shares during the quarter. Cigna Group makes up approximately 1.9% of Van Den Berg Management I Inc.’s holdings, making the stock its 20th largest holding. Van Den Berg Management I Inc.’s holdings in Cigna Group were worth $8,440,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Kemnay Advisory Services Inc. purchased a new stake in Cigna Group during the 4th quarter worth about $29,000. Captrust Financial Advisors grew its holdings in Cigna Group by 116.9% in the 4th quarter. Captrust Financial Advisors now owns 72,666 shares of the health services provider’s stock valued at $20,000,000 after buying an additional 39,170 shares during the period. &PARTNERS increased its stake in shares of Cigna Group by 24.7% during the 4th quarter. &PARTNERS now owns 17,182 shares of the health services provider’s stock valued at $4,729,000 after acquiring an additional 3,405 shares during the last quarter. Siemens Fonds Invest GmbH lifted its holdings in shares of Cigna Group by 8.4% during the 4th quarter. Siemens Fonds Invest GmbH now owns 11,445 shares of the health services provider’s stock worth $3,164,000 after acquiring an additional 888 shares during the period. Finally, Polar Capital Holdings Plc purchased a new position in shares of Cigna Group during the 4th quarter worth about $22,212,000. Hedge funds and other institutional investors own 86.99% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Cigna Group from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Jefferies Financial Group cut their price objective on shares of Cigna Group from $333.00 to $330.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Royal Bank Of Canada increased their price objective on shares of Cigna Group from $333.00 to $337.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Cigna Group in a report on Monday, June 1st. Finally, Wells Fargo & Company increased their price objective on shares of Cigna Group from $300.00 to $305.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $338.30.

Cigna Group Stock Performance

NYSE CI opened at $292.01 on Wednesday. The firm has a market capitalization of $77.25 billion, a P/E ratio of 12.38, a P/E/G ratio of 1.13 and a beta of 0.28. Cigna Group has a 1-year low of $239.51 and a 1-year high of $338.89. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.73 and a quick ratio of 0.73. The business’s 50-day simple moving average is $283.44 and its 200-day simple moving average is $278.26.

Cigna Group (NYSE:CI) last released its quarterly earnings data on Thursday, April 30th. The health services provider reported $7.79 earnings per share for the quarter, beating the consensus estimate of $7.60 by $0.19. The business had revenue of $68.52 billion for the quarter, compared to analyst estimates of $66.29 billion. Cigna Group had a return on equity of 19.75% and a net margin of 2.26%.The company’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company posted $6.74 EPS. Cigna Group has set its FY 2026 guidance at 30.350- EPS. Equities analysts predict that Cigna Group will post 30.39 EPS for the current year.

Cigna Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be paid a $1.56 dividend. This represents a $6.24 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, June 4th. Cigna Group’s payout ratio is currently 26.45%.

Insider Activity

In other news, CAO Jamie G. Kates sold 899 shares of Cigna Group stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $298.61, for a total value of $268,450.39. Following the transaction, the chief accounting officer directly owned 2,368 shares of the company’s stock, valued at $707,108.48. The trade was a 27.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO David Cordani sold 201,878 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $292.82, for a total value of $59,113,915.96. Following the transaction, the chief executive officer directly owned 34,337 shares in the company, valued at $10,054,560.34. This trade represents a 85.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

Cigna Group Company Profile

Cigna Group (NYSE: CI) is a global health services company that offers a broad portfolio of healthcare products and insurance solutions for individuals, employers, and governments. Its core businesses include medical and behavioral health plans, dental and vision coverage, pharmacy benefit management, and supplemental health products. Cigna serves a mix of commercial, Medicare, and Medicaid customers and provides workplace benefits such as group health plans and disability and life benefits for employers.

In addition to traditional insurance products, Cigna operates health services and care-delivery platforms designed to manage costs and improve outcomes.