LFG Wealth Partners LLC Makes New $1.70 Million Investment in Cigna Group $CI

Key Points

• LFG Wealth Partners acquired 6,150 Cigna shares worth approximately $1.70 million during the second quarter. Institutional investors collectively own 86.99% of the company.
• Cigna exceeded quarterly earnings expectations, reporting $7.78 EPS versus the $7.60 consensus, while revenue reached $70.04 billion and increased 6.7% year over year.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $339.45, compared with the stock’s reported $282.24 price; Cigna also declared a $1.56 quarterly dividend, yielding 2.2% annually.

LFG Wealth Partners LLC acquired a new position in shares of Cigna Group (NYSE:CI - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,150 shares of the health services provider's stock, valued at approximately $1,695,000.

Several other hedge funds also recently modified their holdings of CI. Wilkerson Advisory Group LLC acquired a new stake in Cigna Group in the fourth quarter worth $25,000. Kemnay Advisory Services Inc. acquired a new position in shares of Cigna Group during the fourth quarter valued at about $29,000. Prosperity Bancshares Inc acquired a new position in shares of Cigna Group during the fourth quarter valued at about $29,000. Cedar Mountain Advisors LLC boosted its position in shares of 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 in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its position in shares of Cigna Group by 147.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 136 shares of the health services provider's stock worth $37,000 after purchasing an additional 81 shares in the last quarter. Institutional investors own 86.99% of the company's stock.

Cigna Group Stock Up 1.5%

CI stock opened at $282.24 on Friday. The stock has a market cap of $74.58 billion, a P/E ratio of 11.68, a P/E/G ratio of 0.97 and a beta of 0.29. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.68. The stock's fifty day simple moving average is $286.02 and its two-hundred day simple moving average is $281.28. Cigna Group has a 1-year low of $239.51 and a 1-year high of $315.47.

Cigna Group (NYSE:CI - Get Free Report) last announced its earnings results on Thursday, July 30th. The health services provider reported $7.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.60 by $0.18. The firm had revenue of $70.04 billion during the quarter, compared to analyst estimates of $70.14 billion. Cigna Group had a return on equity of 19.75% and a net margin of 2.27%.The business's revenue was up 6.7% compared to the same quarter last year. During the same period last year, the firm posted $7.20 EPS. Cigna Group has set its FY 2026 guidance at 30.450- EPS. Analysts expect that Cigna Group will post 30.51 EPS for the current year.

Cigna Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Tuesday, September 8th will be given a $1.56 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $6.24 annualized dividend and a yield of 2.2%. Cigna Group's payout ratio is currently 25.82%.

Insider Activity

In other Cigna Group news, CAO Jamie G. Kates sold 899 shares of the business's stock in a transaction dated Friday, June 12th. The shares were 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 in the company, valued at $707,108.48. The trade was a 27.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Nicole S. Jones sold 19,436 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $276.27, for a total transaction of $5,369,583.72. Following the transaction, the insider directly owned 27,256 shares of the company's stock, valued at $7,530,015.12. This represents a 41.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on CI shares. Mizuho boosted their target price on Cigna Group from $330.00 to $340.00 and gave the company an "outperform" rating in a research report on Monday, June 8th. Wall Street Zen lowered Cigna Group from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Weiss Ratings reissued a "hold (c)" rating on shares of Cigna Group in a research note on Monday, June 1st. Sanford C. Bernstein boosted their price objective on Cigna Group from $371.00 to $381.00 and gave the company an "outperform" rating in a report on Thursday, July 9th. Finally, Raymond James Financial lowered Cigna Group from a "strong-buy" rating to an "outperform" rating and lowered their target price for the stock from $350.00 to $320.00 in a research report on Monday, August 3rd. Fifteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $339.45.

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.

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