Vontobel Holding Ltd. Has $9.99 Million Stock Holdings in Cigna Group $CI

Vontobel Holding Ltd. lifted its stake in shares of Cigna Group (NYSE:CI) by 37.3% in the second quarter, Holdings Channel.com reports. The fund owned 36,257 shares of the health services provider’s stock after acquiring an additional 9,855 shares during the quarter. Vontobel Holding Ltd.’s holdings in Cigna Group were worth $9,995,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wilkerson Advisory Group LLC bought a new stake in Cigna Group in the fourth quarter valued at approximately $25,000. Cedar Mountain Advisors LLC raised its holdings in Cigna Group by 161.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 110 shares of the health services provider’s stock worth $29,000 after purchasing an additional 68 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of Cigna Group in the 4th quarter worth approximately $29,000. Prosperity Bancshares Inc acquired a new position in shares of Cigna Group in the 4th quarter worth approximately $29,000. Finally, Creative Financial Designs Inc. ADV boosted its stake in shares of Cigna Group by 147.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 136 shares of the health services provider’s stock valued at $37,000 after purchasing an additional 81 shares during the last quarter. 86.99% of the stock is owned by institutional investors and hedge funds.

Cigna Group Stock Performance

Shares of CI opened at $282.24 on Friday. Cigna Group has a one year low of $239.51 and a one year high of $315.47. The company has a market cap of $74.58 billion, a PE ratio of 11.68, a P/E/G ratio of 0.96 and a beta of 0.29. The stock has a 50-day moving average of $286.02 and a 200-day moving average of $281.28. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.76 and a quick ratio of 0.76.

Cigna Group (NYSE:CI) last posted its quarterly earnings results on Thursday, July 30th. The health services provider reported $7.78 earnings per share for the quarter, topping analysts’ consensus estimates of $7.60 by $0.18. The business had revenue of $70.04 billion for the quarter, compared to the consensus estimate of $70.14 billion. Cigna Group had a return on equity of 19.75% and a net margin of 2.27%.The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the prior year, the business earned $7.20 EPS. Cigna Group has set its FY 2026 guidance at 30.450- EPS. On average, equities research analysts predict that Cigna Group will post 30.51 EPS for the current fiscal year.

Cigna Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Tuesday, September 8th will be given a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 8th. Cigna Group’s dividend payout ratio is presently 25.82%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on CI shares. Raymond James Financial cut shares of Cigna Group from a “strong-buy” rating to an “outperform” rating and decreased their price objective for the stock from $350.00 to $320.00 in a research report on Monday, August 3rd. Barclays upped their price target on shares of Cigna Group from $304.00 to $310.00 and gave the company an “equal weight” rating in a research report on Friday, July 31st. Morgan Stanley increased their price target on Cigna Group from $355.00 to $361.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Cantor Fitzgerald lifted their price objective on Cigna Group from $325.00 to $340.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Finally, Jefferies Financial Group downgraded Cigna Group from a “buy” rating to a “hold” rating and dropped their price objective for the company from $336.00 to $307.00 in a research note on Tuesday, August 4th. Fifteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Cigna Group currently has an average rating of “Moderate Buy” and an average price target of $339.45.

Insider Buying and Selling

In related news, insider Nicole S. Jones sold 19,436 shares of Cigna Group stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $276.27, for a total value of $5,369,583.72. Following the completion of the sale, the insider owned 27,256 shares of the company’s stock, valued at approximately $7,530,015.12. This trade represents a 41.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jamie G. Kates sold 899 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $298.61, for a total transaction of $268,450.39. Following the sale, the chief accounting officer owned 2,368 shares of the company’s stock, valued at $707,108.48. This trade represents a 27.52% decrease in their position. The SEC filing for this sale provides additional information. 0.60% of the stock is owned by corporate insiders.

About Cigna Group

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.