Gateway Investment Advisers LLC holds a $6.89 million stake in The Cigna Group (CI), while other advisory services such as Diversify Advisory Services LLC and OLD National Bancorp IN have been selling their shares in CI. CI shows a positive performance with its earnings, reporting strong Q2 2024 results and beating EPS estimates for Q1 2024 despite challenges, contributing to an optimistic sentiment. Atlas Private Wealth Advisors and Kingswood Wealth Advisors LLC also made new investments in CI. Investors in CI for the past five years are reported to have a 113% return. The Cigna Group Foundation continues to focus on youth mental health with new grants and the launch of its Health Equity Impact Fund. CI has declared a quarterly dividend and published their 2023 ESG Report, further increasing its commitment towards better health. In the insurance sector, CI outperforms other medical stocks this year. With the announcement of a $3.2 billion accelerated stock repurchase, CI raised its long-term growth target. CI has set a new price target at $405.00. Positive earnings updates and CI's strategic partnerships have attracted bullish sentiments from hedge funds.
The Cigna Group CI News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 11 Aug 2024 17:37:45 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor -2
