Firefly Value Partners Lp buys $13,500,670 stake in CIGNA Corporation (CI)

CIGNA Corporation (CI) : Firefly Value Partners Lp scooped up 25,000 additional shares in CIGNA Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 101,000 shares of CIGNA Corporation which is valued at $13,500,670.CIGNA Corporation makes up approximately 2.84% of Firefly Value Partners Lp’s portfolio.

Other Hedge Funds, Including , Aqr Capital Management boosted its stake in CI in the latest quarter, The investment management firm added 14,218 additional shares and now holds a total of 285,222 shares of CIGNA Corporation which is valued at $38,824,419. CIGNA Corporation makes up approx 0.06% of Aqr Capital Management’s portfolio.Brown Advisory Securities reduced its stake in CI by selling 30 shares or 0.62% in the most recent quarter. The Hedge Fund company now holds 4,779 shares of CI which is valued at $644,066. CIGNA Corporation makes up approx 0.19% of Brown Advisory Securities’s portfolio.Sheaff Brock Investment Advisors reduced its stake in CI by selling 400 shares or 18.5% in the most recent quarter. The Hedge Fund company now holds 1,762 shares of CI which is valued at $222,453. CIGNA Corporation makes up approx 0.03% of Sheaff Brock Investment Advisors’s portfolio.Lsv Asset Management reduced its stake in CI by selling 28,410 shares or 1.62% in the most recent quarter. The Hedge Fund company now holds 1,726,511 shares of CI which is valued at $217,972,014. CIGNA Corporation makes up approx 0.43% of Lsv Asset Management’s portfolio.Her Majesty The Queen In Right Of The Province Of Alberta… reduced its stake in CI by selling 7,900 shares or 27.43% in the most recent quarter. The Hedge Fund company now holds 20,900 shares of CI which is valued at $2,463,065. CIGNA Corporation makes up approx 0.03% of Her Majesty The Queen In Right Of The Province Of Alberta…’s portfolio.

CIGNA Corporation closed down -1.3 points or -0.93% at $138.7 with 11,72,966 shares getting traded on Monday. Post opening the session at $139.62, the shares hit an intraday low of $136.73 and an intraday high of $142 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, CIGNA Corporation reported $1.94 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Nov 3, 2016. Analyst had a consensus of $1.91. The company had revenue of $9880.00 million for the quarter, compared to analysts expectations of $9847.57 million. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.28 EPS.

Cigna Corporation (Cigna) together with its subsidiaries is a health services company. The Company offers medical dental disability life and accident insurance and related products and services. The Company operates in three segments: Global Health Care Global Supplemental Benefits and Group Disability and Life. The Global Health Care segment aggregates the commercial and Government operating segments. The Global Supplemental Benefits segment offers supplemental health life and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability insurance group life insurance accident and specialty insurance and related services. Cigna offers commercial health and dental insurance Medicare and Medicaid products and health life and accident insurance coverages to individuals. It offers personal accident insurance coverage consisting of accidental death and dismemberment and travel accident insurance.

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