Rep. Jefferson Shreve Sells Off Shares of Cigna Group (NYSE:CI)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Cigna Group (NYSE:CI). In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Cigna Group stock on May 12th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

  • Sold $15,001 – $50,000 in shares of Hubbell (NYSE:HUBB) on 5/12/2025.
  • Sold $50,001 – $100,000 in shares of Trane Technologies (NYSE:TT) on 5/12/2025.
  • Sold $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 5/12/2025.
  • Sold $50,001 – $100,000 in shares of NiSource (NYSE:NI) on 5/12/2025.
  • Sold $50,001 – $100,000 in shares of Johnson & Johnson (NYSE:JNJ) on 5/12/2025.
  • Sold $15,001 – $50,000 in shares of AppLovin (NASDAQ:APP) on 5/12/2025.
  • Sold $15,001 – $50,000 in shares of Fiserv (NYSE:FI) on 5/12/2025.
  • Sold $15,001 – $50,000 in shares of CNO Financial Group (NYSE:CNO) on 5/12/2025.
  • Sold $50,001 – $100,000 in shares of Cboe Global Markets (NASDAQ:CBOE) on 5/12/2025.
  • Sold $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 5/12/2025.

Cigna Group Stock Up 1.4%

CI opened at $304.27 on Thursday. Cigna Group has a 1-year low of $262.03 and a 1-year high of $370.83. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $81.28 billion, a price-to-earnings ratio of 16.85, a P/E/G ratio of 0.90 and a beta of 0.44. The business has a 50 day moving average of $313.31 and a 200-day moving average of $311.66.

Cigna Group (NYSE:CIGet Free Report) last announced its quarterly earnings results on Friday, May 2nd. The health services provider reported $6.74 EPS for the quarter, beating the consensus estimate of $6.35 by $0.39. Cigna Group had a return on equity of 18.63% and a net margin of 1.97%. The business had revenue of $65.45 billion for the quarter, compared to analyst estimates of $60.39 billion. During the same quarter in the previous year, the firm earned $6.47 EPS. Cigna Group’s quarterly revenue was up 14.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Cigna Group will post 29.77 earnings per share for the current year.

Cigna Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be given a $1.51 dividend. The ex-dividend date is Thursday, September 4th. This represents a $6.04 annualized dividend and a dividend yield of 1.99%. Cigna Group’s dividend payout ratio is 33.44%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on CI shares. Piper Sandler boosted their price objective on Cigna Group from $348.00 to $374.00 and gave the company an “overweight” rating in a research report on Monday, May 5th. Robert W. Baird reduced their price target on Cigna Group from $388.00 to $362.00 and set an “outperform” rating for the company in a research report on Tuesday, April 15th. Wall Street Zen downgraded Cigna Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 18th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $371.00 price target on shares of Cigna Group in a research report on Thursday, June 26th. Finally, Barclays reissued an “overweight” rating and set a $385.00 price target (up from $382.00) on shares of Cigna Group in a research report on Monday, June 2nd. Two investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $380.39.

Read Our Latest Research Report on CI

Institutional Trading of Cigna Group

Several hedge funds and other institutional investors have recently made changes to their positions in CI. Two Sigma Investments LP boosted its holdings in Cigna Group by 32.6% in the fourth quarter. Two Sigma Investments LP now owns 764,900 shares of the health services provider’s stock valued at $211,219,000 after acquiring an additional 188,235 shares during the last quarter. Humankind Investments LLC boosted its holdings in Cigna Group by 12.1% in the fourth quarter. Humankind Investments LLC now owns 5,294 shares of the health services provider’s stock valued at $1,462,000 after acquiring an additional 571 shares during the last quarter. NBC Securities Inc. bought a new stake in Cigna Group in the first quarter valued at approximately $123,000. Pine Valley Investments Ltd Liability Co boosted its holdings in Cigna Group by 10.5% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 17,366 shares of the health services provider’s stock valued at $4,796,000 after acquiring an additional 1,653 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its holdings in Cigna Group by 18.8% in the first quarter. SBI Securities Co. Ltd. now owns 398 shares of the health services provider’s stock valued at $131,000 after acquiring an additional 63 shares during the last quarter. 86.99% of the stock is currently owned by institutional investors.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Cigna Group

(Get Free Report)

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.

Further Reading

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