Cibc World Markets Corp Decreased Stake in Cigna Corporation (CI) by $27.15 Million

Cigna Corporation (NYSE:CI) Corporate LogoBig Money Sentiment decreased to 0.06 in 2018 Q4. It has change of 0.92, from 2018Q3’s 0.98. The ratio worsened due to CI positioning: 585 sold and 11 reduced. 20 funds acquired stakes and 16 increased stakes. Investors holded 217.73 million in 2018Q3 but now own 1.15 million shares or 99.47% less. Parametric Port Associate Lc reported 0% of its capital in Cigna Corporation (NYSE:CI). Lee Danner And Bass invested 0.09% in Cigna Corporation (NYSE:CI). American Research & Mngmt reported 0.01% in Cigna Corporation (NYSE:CI). 2,250 were accumulated by Koshinski Asset Mngmt Inc. Sei Investments Com invested 0.05% in Cigna Corporation (NYSE:CI). Acropolis Investment Limited Liability Company stated it has 0.02% of its capital in Cigna Corporation (NYSE:CI). Icon Advisers Commerce stated it has 66,242 shs or 1.32% of all its holdings. Meyer Handelman owns 0.29% invested in Cigna Corporation (NYSE:CI) for 26,955 shs. Nelson Roberts Invest Advsr Ltd has invested 0.01% in Cigna Corporation (NYSE:CI). Qci Asset Mgmt New York holds 24 shs or 0% of its capital. Cibc Markets Corporation owns 387,761 shs. 1,092 are held by Pure Finance Inc. The Kentucky-based Cullinan Associates has invested 0.02% in Cigna Corporation (NYSE:CI). Johnson Counsel has invested 0.03% in Cigna Corporation (NYSE:CI). Pettee holds 0.24% or 1,780 shs.

CI had 3 sales and 0 insider buys since November 2, 2018. This’s net activity of $5.16 million. Sadler Jason D sold $4.51M worth of stock. On Friday, December 14 ZOLLARS WILLIAM D sold $42,379 worth of Cigna Corporation (NYSE:CI).

Cibc World Markets Corp reduced its holdings by 27.03% in Cigna Corporation (CI), according to 2018Q4 Securities and Exchange filling. By selling 143,632 shares Cibc World Markets Corp made the stock sank with 22.57%. The institutional investor is holding 387,761 shares, compared to the 531,393 from the previous quarter. And the announced value of the medical specialities company is $73.64 million for the 2018Q4. Cigna Corporation has $63.62B MC. The stock increased 0.76% or $1.27 during the last trading session, reaching $167.4.Currently Cigna Corporation is downtrending after 11.24% change in last April 9, 2018. CI has 2.38 million shares volume. The stock underperformed the S&P500 by 15.61%.

About $10.74 billion US Long portfolio Cibc World Markets Corp manages. According to a filing the fund rose its stake in Nike Inc Cl B (NYSE:NKE) by 143,688 shares to 711,349 shares, valued at $52.74M in 2018Q4. For a total of 109,583 shares it increased its holding in F5 Networks Inc Com (NASDAQ:FFIV) by 96,682 shares in the quarter, and has risen its stake in Ishares Russell Etf (IWM).

Investors expect Cigna Corporation (NYSE:CI)’s quarterly earnings on May, 2., Faxor reports. EPS of $3.71 is 9.73 % down from 2018’s $4.11 EPS. CI’s profit could hit $1.41 billion if the current EPS of $3.71 is accurate. Wall Street forecasts 50.81 % EPS growth as of May, 2.

For more Cigna Corporation (NYSE:CI) news published recently go to: Seekingalpha.com, Streetinsider.com, Seekingalpha.com, 247Wallst.com or Benzinga.com. The titles are as follows: “PBMs to testify to Congress on April 3 – Seeking Alpha” published on March 13, 2019, “CIGNA (CI) Investor Meetings Inspire Confidence In Guidance – Oppenheimer – StreetInsider.com” on March 25, 2019, “DOJ moves to strike down entire ACA – Seeking Alpha” with a publish date: March 26, 2019, “5 Goldman Sachs Conviction List Stocks Have Gigantic Implied Upside – 24/7 Wall St.” and the last “Diplomat Pharmacy’s Valuation Presents Value To A Strategic Buyer, Raymond James Says In Upgrade (NYSE:DPLO) – Benzinga” with publication date: March 21, 2019.

Cigna Corporation (NYSE:CI) Ratings Coverage

A total of 9 analysts rate Cigna (NYSE:CI) as follows: 8 “Buy”, 1 “Hold” and 0 “Sell”. Š¢herefore 89% are bullish. (NYSE:CI) has 13 ratings reports on Apr 9, 2019 according to StockzIntelligence. In Monday, March 25 report Oppenheimer maintained the stock with “Buy” rating. The stock rating was maintained by Morgan Stanley with “Overweight” on Tuesday, February 5. On Monday, November 19 the firm earned “Outperform” rating by Leerink Swann. On Thursday, January 3 Raymond James upgraded Cigna Corporation (NYSE:CI) to “Outperform” rating. The company rating was maintained by Barclays Capital on Friday, November 2. On Thursday, December 13 the firm earned “Overweight” rating by Morgan Stanley. On Friday, November 2 the stock has “Market Perform” rating by BMO Capital Markets. On Tuesday, February 19 Citigroup maintained the shares of CI in report with “Buy” rating. On Friday, November 2 the firm has “Buy” rating given by Citigroup.

Cigna Corporation (NYSE:CI) Institutional Investors Chart

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