Vaughan David Investments LLC IL Purchases 2,521 Shares of Cigna Group $CI

Vaughan David Investments LLC IL raised its position in Cigna Group (NYSE:CI) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 145,682 shares of the health services provider’s stock after buying an additional 2,521 shares during the quarter. Vaughan David Investments LLC IL owned about 0.05% of Cigna Group worth $40,096,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CI. Beacon Financial Strategies CORP bought a new position in Cigna Group in the 4th quarter valued at about $28,000. Lodestone Wealth Management LLC bought a new position in Cigna Group in the 4th quarter valued at about $32,000. Creative Financial Designs Inc. ADV increased its holdings in 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 buying an additional 81 shares during the period. Activest Wealth Management increased its holdings in Cigna Group by 1,050.0% in the 4th quarter. Activest Wealth Management now owns 138 shares of the health services provider’s stock valued at $38,000 after buying an additional 126 shares during the period. Finally, Entrust Financial LLC bought a new position in Cigna Group in the 4th quarter valued at about $42,000. 86.99% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CI has been the topic of a number of research analyst reports. Wall Street Zen downgraded shares of Cigna Group from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Truist Financial raised their price target on shares of Cigna Group from $320.00 to $350.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Guggenheim raised their price target on shares of Cigna Group from $334.00 to $338.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Mizuho raised their price target on shares of Cigna Group from $330.00 to $340.00 and gave the company an “outperform” rating in a research note on Monday. Finally, Wells Fargo & Company raised 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 note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $338.80.

Insider Buying and Selling

In related news, CEO David Cordani sold 201,878 shares of Cigna Group 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 sale, 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 position. The transaction was disclosed in a 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 currently owned by corporate insiders.

Cigna Group Trading Down 0.4%

CI opened at $294.64 on Friday. The company’s 50 day moving average is $281.93 and its 200-day moving average is $277.87. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.69. Cigna Group has a 1-year low of $239.51 and a 1-year high of $338.89. The company has a market cap of $77.94 billion, a P/E ratio of 12.49, a PEG ratio of 1.14 and a beta of 0.28.

Cigna Group (NYSE:CI) last posted its earnings results on Thursday, April 30th. The health services provider reported $7.79 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $66.29 billion. During the same period last year, the company earned $6.74 EPS. The firm’s revenue was up 4.6% compared to the same quarter last year. Cigna Group has set its FY 2026 guidance at 30.350- EPS. Equities research analysts predict that Cigna Group will post 30.39 earnings per share for the current fiscal year.

Cigna Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors 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 annualized dividend and a yield of 2.1%. Cigna Group’s dividend payout ratio (DPR) is currently 26.45%.

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.