National Pension Service buys $22,240,160 stake in CIGNA Corporation (CI)

CIGNA Corporation (CI) : National Pension Service scooped up 14,020 additional shares in CIGNA Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 183,955 shares of CIGNA Corporation which is valued at $22,240,160.CIGNA Corporation makes up approximately 0.18% of National Pension Service’s portfolio.

Other Hedge Funds, Including , Legal General Group Plc reduced its stake in CI by selling 8,132 shares or 0.66% in the most recent quarter. The Hedge Fund company now holds 1,215,945 shares of CI which is valued at $151,993,125. CIGNA Corporation makes up approx 0.16% of Legal General Group Plc’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in CI in the latest quarter, The investment management firm added 18,306 additional shares and now holds a total of 57,567 shares of CIGNA Corporation which is valued at $7,353,033. CIGNA Corporation makes up approx 0.16% of Oregon Public Employees Retirement Fund’s portfolio.Eqis Capital Management boosted its stake in CI in the latest quarter, The investment management firm added 214 additional shares and now holds a total of 3,976 shares of CIGNA Corporation which is valued at $505,310. CIGNA Corporation makes up approx 0.03% of Eqis Capital Management’s portfolio.

CIGNA Corporation closed down -0.26 points or -0.21% at $120.9 with 5,70,185 shares getting traded on Friday. Post opening the session at $121.56, the shares hit an intraday low of $120.68 and an intraday high of $122.25 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, CIGNA Corporation reported $1.98 EPS for the quarter, missing the analyst consensus estimate by $ -0.41 based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus of $2.39. The company had revenue of $9960.00 million for the quarter, compared to analysts expectations of $9950.18 million. The company’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.55 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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