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The Cigna Group CI - News Analyzed: 3,973 - Last Week: 100 - Last Month: 500

↑ The Cigna Group (CI) Scales New Heights With Solid Performance and Aggressive Stock Purchases

The Cigna Group (CI) Scales New Heights With Solid Performance and Aggressive Stock Purchases
The Cigna Group (CI) continues to show strong performance, with shares sold by several organizations - notably by Tocqueville Asset Management L.P. and US Bancorp DE. Institutions such as Mizuho Markets Americas LLC, Banco Santander S.A., M&G Plc, TD Asset Management Inc., Atomi Financial Group Inc., BNP PARIBAS ASSET MANAGEMENT and Kovack Advisors Inc. have duly increased their holdings. The group also announced an accelerated stock repurchase of $3.2 Billion and a significant increase to its share repurchase program to $10 Billion. Cigna's ratings have fluctuated with StockNews.com which downgraded and later upgraded Cigna's rating. However, from a five-year perspective, the growth for early investors stands at a 113% bringing the insurers stocks at an all-time high. The Cigna Group Q1, Q3 & Q4 2023 earnings succeeded in surpassing the EPS estimates, showing a boost in healthy profit growth. The asset managers' confidence is justified by Cigna's announcement of raising its long-term growth target and incrementing its dividend to $1.40 amidst unveiling of new innovative solutions. Cigna further expands its commitment to better health with ESG Reports and leveraging new partnerships.
This includes the sale of its Medicare Business and CareAllies to HCSC and partnering with HelloFresh to provide healthy meal choices.

The Cigna Group CI News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 21 Jul 2024 15:29:40 GMT - Rating 7 - Information 8 - Rumor -4

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