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Highland Capital Management LLC Acquires 4,887 Shares of Cigna Group $CI

Cigna Group logo with Medical background
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Key Points

  • Highland Capital Management raised its stake in Cigna by 36.3%, acquiring 4,887 shares to hold 18,365 shares worth about $5.055 million at the end of the quarter.
  • Cigna beat estimates with quarterly EPS of $7.79 (consensus $7.60) and revenue of $68.52 billion (consensus $66.29B), and set FY2026 guidance at 30.350 EPS versus analysts' forecast of ~30.41.
  • Cigna announced a quarterly dividend of $1.56 per share (annualized $6.24, yield 2.2%), with an ex‑dividend date of June 4 and payment on June 18.
  • MarketBeat previews the top five stocks to own by June 1st.

Highland Capital Management LLC lifted its position in shares of Cigna Group (NYSE:CI - Free Report) by 36.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,365 shares of the health services provider's stock after acquiring an additional 4,887 shares during the quarter. Highland Capital Management LLC's holdings in Cigna Group were worth $5,055,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its holdings in Cigna Group by 4.7% during the 4th quarter. Principal Financial Group Inc. now owns 304,736 shares of the health services provider's stock worth $83,872,000 after buying an additional 13,798 shares during the period. Vista Capital Partners Inc. bought a new stake in Cigna Group during the fourth quarter valued at $289,000. Varma Mutual Pension Insurance Co boosted its position in Cigna Group by 3.9% during the fourth quarter. Varma Mutual Pension Insurance Co now owns 42,542 shares of the health services provider's stock valued at $11,709,000 after acquiring an additional 1,600 shares during the last quarter. KPP Advisory Services LLC boosted its position in Cigna Group by 7.6% during the fourth quarter. KPP Advisory Services LLC now owns 1,641 shares of the health services provider's stock valued at $452,000 after acquiring an additional 116 shares during the last quarter. Finally, Estate Counselors LLC bought a new stake in Cigna Group during the fourth quarter valued at $3,765,000. 86.99% of the stock is currently owned by institutional investors.

Insider Transactions at Cigna Group

In other Cigna Group news, insider Everett Neville sold 1,719 shares of Cigna Group stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $288.91, for a total transaction of $496,636.29. Following the completion of the transaction, the insider owned 5,670 shares of the company's stock, valued at $1,638,119.70. The trade was a 23.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Nicole S. Jones sold 2,307 shares of the company's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $288.91, for a total value of $666,515.37. Following the completion of the transaction, the insider owned 32,647 shares in the company, valued at $9,432,044.77. This represents a 6.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.60% of the stock is owned by insiders.

Cigna Group Trading Down 1.2%

Shares of Cigna Group stock opened at $279.53 on Tuesday. Cigna Group has a 1 year low of $239.51 and a 1 year high of $338.89. The firm has a market cap of $73.66 billion, a PE ratio of 11.85, a P/E/G ratio of 0.98 and a beta of 0.30. The stock has a fifty day moving average price of $274.34 and a 200-day moving average price of $276.63. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.73 and a quick ratio of 0.73.

Cigna Group (NYSE:CI - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The health services provider reported $7.79 earnings per share for the quarter, topping the consensus estimate of $7.60 by $0.19. The company had revenue of $68.52 billion during 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 firm's revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the firm posted $6.74 EPS. Cigna Group has set its FY 2026 guidance at 30.350- EPS. Equities research analysts anticipate that Cigna Group will post 30.41 EPS for the current year.

Cigna Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, June 4th. Cigna Group's payout ratio is presently 26.45%.

Wall Street Analyst Weigh In

A number of brokerages have commented on CI. Wells Fargo & Company upped their price target on shares of Cigna Group from $300.00 to $305.00 and gave the company an "equal weight" rating in a research report on Friday. Jefferies Financial Group cut their price target on shares of Cigna Group from $333.00 to $330.00 and set a "buy" rating on the stock in a research report on Monday, April 20th. Raymond James Financial set a $340.00 price target on shares of Cigna Group in a research report on Friday. Guggenheim upped their price target on shares of Cigna Group from $334.00 to $338.00 and gave the company a "buy" rating in a research report on Monday. Finally, Mizuho set a $330.00 price target on shares of Cigna Group in a report on Friday. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $337.70.

View Our Latest Analysis on CI

About Cigna Group

(Free Report)

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.

Read More

Want to see what other hedge funds are holding CI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cigna Group (NYSE:CI - Free Report).

Institutional Ownership by Quarter for Cigna Group (NYSE:CI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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