Trillium Asset Management LLC Decreased Its Cigna Corporation (CI) Stake by $5.11 Million

April 16, 2018 - By Catherine Diaz

Cigna Corporation (NYSE:CI) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 0.91. That’s change of 0.05, from 2017Q3’s 0.96. 38 investors sold all, 280 reduced holdings as CI ratio is negative. 197 rose holdings while 92 funds bought holdings. Funds hold 208.24 million shares thus 0.93% more from 2017Q3’s 206.32 million shares. Partner Investment Lp invested in 6,307 shs or 1.48% of the stock. Keybank National Association Oh owns 156,151 shs. Soros Fund Mngmt Ltd Liability Co has 121,800 shs. 54 were reported by Nelson Van Denburg And Campbell Wealth Management Group Incorporated Llc. Chevy Chase Hldg reported 0.19% stake. Jfs Wealth Limited owns 288 shs for 0.01% of their capital. Ballentine Prns invested in 0.01% or 1,182 shs. Live Your Vision Limited Liability Company stated it has 0.06% of its capital in Cigna Corporation (NYSE:CI). Partner Fund Mngmt Lp owns 297,035 shs. New York-based Etrade Cap Llc has invested 0.03% in Cigna Corporation (NYSE:CI). North Star Management Corporation owns 400 shs. Sandy Spring Fincl Bank stated it has 230 shs. 28,280 are owned by Assetmark. The Kentucky-based Renaissance Group Limited Co has invested 1.29% in Cigna Corporation (NYSE:CI). Rhumbline Advisers, Massachusetts-based fund reported 469,676 shs.

CI registered $17.30 million net activity with 0 insider buys and 10 sales since December 11, 2017. The insider MURABITO JOHN M sold $1.34M. HENNEY JANE E MD had sold 400 shs worth $85,184 on Friday, January 12. The insider ZOLLARS WILLIAM D sold $37,890. HARRIS ISAIAH JR sold $44,382 worth of stock or 212 shs. On Friday, March 2 Jones Nicole S had sold 5,856 shs worth $1.12M. $7.05 million worth of Cigna Corporation (NYSE:CI) was sold by Cordani David.

Based on the latest 2017Q4 regulatory filing with the SEC, Trillium Asset Management Llc reduced its holdings in Cigna Corporation (CI) by 15.51%. By selling 25,152 shares Trillium Asset Management Llc made the stock sank with 18.61%. The medical specialities company reported $27.83 million value for the 2017Q4. Now the institutional investor is holding 137,009 shares, compared to the 162,161 from the previous quarter. Cigna Corporation has $42.27 billion MC. The stock increased 1.24% or $2.12 during the last trading session, reaching $173.77.Cigna Corporation has volume of 579,929 shares. Since April 16, 2017 CI has risen 13.35% and is uptrending. CI outperformed the S&P500 by 1.80%.

According to a filing the Trillium Asset Management Llc’s stake in Facebook Inc (NASDAQ:FB) was rose by 21,872 shares to 73,305 shares valued at $12.94M in 2017Q4. It manages about $1.82B US Long portfolio. Trillium Asset Management Llc has risen its stake in Lululemon Athletica Inc (NASDAQ:LULU) and also increased its holding in Middleby Corp (NASDAQ:MIDD) by 44,061 shares in the quarter, for a total of 117,710 shares.

Analysts await Cigna Corporation (NYSE:CI) to report earnings on May, 4. They expect $3.38 EPS, up 22.02 % or $0.61 from last year’s $2.77 per share. CI’s profit will be $822.14 million for 12.85 P/E if the $3.38 EPS becomes a reality. After $1.94 actual EPS reported by Cigna Corporation for the previous quarter, Wall Street now forecasts 74.23 % EPS growth.

Cigna Corporation (NYSE:CI) Ratings Coverage

In total 13 analysts cover Cigna (NYSE:CI). “Buy” rating has 10, “Sell” are 0, while 3 are “Hold”. 77% are bullish. 21 are the (NYSE:CI)’s analyst reports since October 17, 2017 according to StockzIntelligence Inc. On Thursday, February 1 Jefferies maintained the shares of CI in report with “Buy” rating. On Friday, November 3 the stock of Cigna Corporation (NYSE:CI) earned “Buy” rating by Credit Suisse. On Friday, November 3 Citigroup maintained Cigna Corporation (NYSE:CI) with “Buy” rating. In Friday, November 3 report Morgan Stanley maintained the stock with “Overweight” rating. On Friday, February 2 the rating was maintained by Morgan Stanley with “Overweight”. In Friday, January 12 report Jefferies maintained it with “Buy” rating and $243.0 target. On Thursday, February 1 Cowen & Co maintained the shares of CI in report with “Buy” rating. On Monday, October 23 the stock has “Buy” rating by Cowen & Co. In Monday, March 12 report Credit Suisse maintained it with “Outperform” rating and $215 target. On Friday, November 3 the firm earned “Buy” rating by RBC Capital Markets.

Cigna Corporation (NYSE:CI) Institutional Investors Chart

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