PBU The Pension Fund of Early Childhood & Youth Educators Invests $833,000 in Cigna Group $CI

PBU The Pension Fund of Early Childhood & Youth Educators purchased a new position in Cigna Group (NYSE:CI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,028 shares of the health services provider’s stock, valued at approximately $833,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. WINTON GROUP Ltd purchased a new stake in Cigna Group in the fourth quarter valued at approximately $363,000. Total Wealth Planning & Management Inc. purchased a new stake in Cigna Group in the fourth quarter valued at approximately $430,000. J.W. Cole Advisors Inc. raised its stake in Cigna Group by 3.5% in the fourth quarter. J.W. Cole Advisors Inc. now owns 5,297 shares of the health services provider’s stock valued at $1,378,000 after purchasing an additional 178 shares in the last quarter. Prudential PLC raised its stake in Cigna Group by 84.3% in the fourth quarter. Prudential PLC now owns 32,034 shares of the health services provider’s stock valued at $8,817,000 after purchasing an additional 14,652 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators raised its stake in Cigna Group by 32.4% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,824 shares of the health services provider’s stock valued at $502,000 after purchasing an additional 446 shares in the last quarter. 86.99% of the stock is owned by hedge funds and other institutional investors.

Cigna Group Stock Up 3.4%

Shares of NYSE CI opened at $290.17 on Friday. Cigna Group has a one year low of $239.51 and a one 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 firm’s 50 day simple moving average is $279.58 and its two-hundred day simple moving average is $277.24. The stock has a market capitalization of $76.76 billion, a P/E ratio of 12.30, a PEG ratio of 1.12 and a beta of 0.28.

Cigna Group (NYSE:CI) last issued its quarterly earnings results on Thursday, April 30th. The health services provider reported $7.79 EPS for the quarter, beating analysts’ consensus estimates of $7.60 by $0.19. Cigna Group had a net margin of 2.26% and a return on equity of 19.75%. The business had revenue of $68.52 billion for the quarter, compared to analysts’ expectations of $66.29 billion. During the same period last year, the business earned $6.74 earnings per share. The business’s quarterly revenue was up 4.6% on a year-over-year basis. Cigna Group has set its FY 2026 guidance at 30.350- EPS. As a group, analysts expect that Cigna Group will post 30.39 EPS for the current fiscal year.

Cigna Group Dividend Announcement

The firm also recently declared 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. This represents a $6.24 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Thursday, June 4th. Cigna Group’s dividend payout ratio (DPR) is presently 26.45%.

Insider Buying and Selling

In other Cigna Group news, CEO David Cordani sold 201,878 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $292.82, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Barclays downgraded shares of Cigna Group from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $310.00 to $304.00 in a research note on Tuesday, May 26th. Morgan Stanley raised their target price on shares of Cigna Group from $355.00 to $361.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Jefferies Financial Group lowered their target price on shares of Cigna Group from $333.00 to $330.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Deutsche Bank Aktiengesellschaft downgraded shares of Cigna Group from a “buy” rating to a “hold” rating and lowered their target price for the company from $303.00 to $302.00 in a research note on Wednesday, May 20th. Finally, The Goldman Sachs Group raised their target price on shares of Cigna Group from $335.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Cigna Group currently has an average rating of “Moderate Buy” and a consensus target price of $338.30.

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.