Cigna Group $CI Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its holdings in Cigna Group (NYSE:CI) by 5.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 235,903 shares of the health services provider’s stock after purchasing an additional 12,926 shares during the period. Teacher Retirement System of Texas’ holdings in Cigna Group were worth $64,928,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CI. Brighton Jones LLC grew its holdings in Cigna Group by 9.3% during the 4th quarter. Brighton Jones LLC now owns 3,736 shares of the health services provider’s stock worth $1,032,000 after acquiring an additional 318 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in Cigna Group by 10.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,160 shares of the health services provider’s stock worth $384,000 after acquiring an additional 109 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Cigna Group by 4.5% during the 2nd quarter. NewEdge Advisors LLC now owns 22,225 shares of the health services provider’s stock worth $7,347,000 after acquiring an additional 958 shares in the last quarter. Treasurer of the State of North Carolina grew its holdings in Cigna Group by 16.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 148,840 shares of the health services provider’s stock worth $49,204,000 after acquiring an additional 21,173 shares in the last quarter. Finally, Osterweis Capital Management Inc. purchased a new stake in shares of Cigna Group during the 2nd quarter worth approximately $163,000. Institutional investors and hedge funds own 86.99% of the company’s stock.

Cigna Group Stock Down 0.6%

Shares of Cigna Group stock opened at $274.96 on Thursday. The company has a market cap of $72.46 billion, a P/E ratio of 12.40, a PEG ratio of 0.96 and a beta of 0.26. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 0.74. Cigna Group has a one year low of $239.51 and a one year high of $350.00. The firm has a fifty day moving average of $274.98 and a two-hundred day moving average of $277.61.

Cigna Group (NYSE:CI) last announced its quarterly earnings data on Thursday, February 5th. The health services provider reported $8.08 EPS for the quarter, topping analysts’ consensus estimates of $7.88 by $0.20. The company had revenue of $72.50 billion during the quarter, compared to the consensus estimate of $69.53 billion. Cigna Group had a net margin of 2.17% and a return on equity of 19.46%. Cigna Group’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $6.64 EPS. Cigna Group has set its FY 2026 guidance at 30.250- EPS. On average, analysts forecast that Cigna Group will post 30.32 earnings per share for the current year.

Cigna Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $1.56 per share. The ex-dividend date is Thursday, June 4th. This represents a $6.24 dividend on an annualized basis and a yield of 2.3%. Cigna Group’s dividend payout ratio is presently 28.13%.

Insiders Place Their Bets

In other Cigna Group news, insider Nicole S. Jones sold 2,307 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $288.91, for a total transaction of $666,515.37. Following the completion of the transaction, the insider owned 32,647 shares in the company, valued at approximately $9,432,044.77. This represents a 6.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Everett Neville sold 1,719 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $288.91, for a total transaction of $496,636.29. Following the transaction, the insider directly owned 5,670 shares in the company, valued at approximately $1,638,119.70. This trade represents a 23.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

CI has been the subject of several recent analyst reports. Royal Bank Of Canada reduced their price objective on shares of Cigna Group from $344.00 to $333.00 and set an “outperform” rating for the company in a research report on Friday, February 6th. TD Cowen boosted their price objective on shares of Cigna Group from $333.00 to $338.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Weiss Ratings restated a “hold (c-)” rating on shares of Cigna Group in a research report on Monday, December 29th. UBS Group restated a “buy” rating and set a $375.00 price objective on shares of Cigna Group in a research report on Monday, February 9th. Finally, Piper Sandler reduced their price objective on shares of Cigna Group from $374.00 to $370.00 and set an “overweight” rating for the company in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $332.47.

Cigna Group 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.