<div id="readability-page-1"><p>ST Germain D J Co. Inc. cut its position in shares of  The Cigna Group (NYSE:CI - Free Report) by 85.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 452 shares of the health services provider's stock after selling 2,635 shares during the quarter. ST Germain D J Co. Inc.'s holdings in The Cigna Group were worth $149,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>The Cigna Group</strong> alerts:</span></p></div><ul><li>UnitedHealth Group: Pariah to Pole Position to Buy the Dip Levels</li></ul><p>Several other hedge funds and other institutional investors have also bought and sold shares of the company. TCTC Holdings LLC bought a new position in  The Cigna Group during the 4th quarter worth approximately $25,000.  Collier Financial bought a new position in shares of  The Cigna Group in the 4th quarter worth approximately $32,000.  Putney Financial Group LLC purchased a new position in  The Cigna Group during the fourth quarter valued at $36,000.  Compagnie Lombard Odier SCmA bought a new stake in  The Cigna Group during the fourth quarter worth about $37,000.  Finally, Transce3nd LLC bought a new stake in shares of  The Cigna Group in the 4th quarter worth approximately $38,000. Hedge funds and other institutional investors own  86.99% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>CI has been the subject of a number of analyst reports. Mizuho raised their price objective on shares of The Cigna Group from $360.00 to $384.00 and gave the company an &#34;outperform&#34; rating in a research note on Wednesday, April 9th. Piper Sandler increased their price objective on shares of The Cigna Group from $348.00 to $374.00 and gave the stock an &#34;overweight&#34; rating in a research note on Monday, May 5th. Cowen  reiterated a &#34;buy&#34; rating on shares of The Cigna Group in a research report on Monday, May 5th. Truist Financial raised their price objective on shares of The Cigna Group from $385.00 to $405.00 and gave the company a &#34;buy&#34; rating in a research report on Monday, May 12th. Finally, Wall Street Zen raised shares of The Cigna Group from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a report on Tuesday, April 8th. Two investment analysts have rated the stock with a hold rating, sixteen have issued  a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of &#34;Buy&#34; and an average target price of $380.39.</p><ul><li>Humana Gains Despite Medicare Advantage Losses—What’s the Catch?</li></ul><p><b>View Our Latest Report on CI</b></p><h2>Insider Activity</h2><p>In related news, insider Noelle K. Eder sold 9,944 shares of The Cigna Group stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $320.00, for a total value of $3,182,080.00. Following the completion of the sale, the insider now directly owns 13,406 shares in the company, valued at $4,289,920. This trade represents a 42.59% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available at this link. Also, Director Elder Granger sold 2,376 shares of the business's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $310.35, for a total transaction of $737,391.60. Following the sale, the director now directly owns 5,471 shares in the company, valued at $1,697,924.85. This trade represents a 30.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own  0.70% of the company's stock. </p><h2>The Cigna Group Price Performance</h2><ul><li>Cigna Misses EPS: What It Means for the Health Insurance Industry</li></ul><p>Shares of CI stock opened at $310.01 on Thursday. The Cigna Group has a 52-week low of $262.03 and a 52-week high of $370.83. The firm has a market capitalization of $82.82 billion, a P/E ratio of 25.33, a P/E/G ratio of 0.98 and a beta of 0.47. The stock has a 50 day moving average price of $324.14 and a 200 day moving average price of $309.30. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.72 and a current ratio of 0.66. </p><p>The Cigna Group (NYSE:CI - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The health services provider reported $6.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.35 by $0.39. The firm had revenue of $65.45 billion during the quarter, compared to analyst estimates of $60.39 billion. The Cigna Group had a return on equity of 18.61% and a net margin of 1.39%. The Cigna Group's quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $6.47 earnings per share.  As a group, sell-side analysts predict that  The Cigna Group will post 29.77 earnings per share for the current year. </p><h2>The Cigna Group Announces Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Tuesday, June 3rd will be issued a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a yield of 1.95%. The ex-dividend date is Tuesday, June 3rd. The Cigna Group's payout ratio is 33.44%. </p><h2>The Cigna Group Profile</h2> (Free Report)<p>The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers.</p><h2>Read More</h2><ul><li>Five stocks we like better than The Cigna Group</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>Intuit's AI Boom: Stock Soaring, But Should Investors Hit Pause?</li><li>What is Short Interest? How to Use It</li><li>Top Dividend Plays With Strong Analyst Ratings</li><li>Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?</li><li>Robinhood Stock Keeps Giving Investors Reasons To Buy</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNJ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNJ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in The Cigna Group Right Now?</h2><p>Before you consider The Cigna Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Cigna Group wasn't on the list.</p><p>While The Cigna Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>ST Germain D J Co. Inc. reduced its stake in The Cigna Group (NYSE:CI) by 85.4% in Q1, holding 452 shares valued at $149,000 after selling 2,635 shares. Other institutional investors also adjusted their positions. Analysts have raised price targets for Cigna, with an average target of $380.39 and a consensus rating of "Buy." Cigna's stock opened at $310.01, with a 52-week range of $262.03 to $370.83. The company reported Q1 earnings of $6.74 per share, exceeding estimates.</p>

ST Germain D J Co. Inc. Lowers Stock Position in The Cigna Group (NYSE:CI)