Pennsylvania Trust Co buys $1,155,320 stake in CIGNA Corporation (CI)

CIGNA Corporation (CI) : Pennsylvania Trust Co scooped up 39 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 9,556 shares of CIGNA Corporation which is valued at $1,155,320.CIGNA Corporation makes up approximately 0.09% of Pennsylvania Trust Co’s portfolio.

Other Hedge Funds, Including , Highland Capital Management reduced its stake in CI by selling 12,267 shares or 14.53% in the most recent quarter. The Hedge Fund company now holds 72,134 shares of CI which is valued at $8,739,755. CIGNA Corporation makes up approx 0.75% of Highland Capital Management’s portfolio.Creative Planning reduced its stake in CI by selling 2,729 shares or 19.35% in the most recent quarter. The Hedge Fund company now holds 11,376 shares of CI which is valued at $1,422,000. CIGNA Corporation makes up approx 0.01% of Creative Planning’s portfolio.Genesee Valley Trust Co reduced its stake in CI by selling 5 shares or 0.15% in the most recent quarter. The Hedge Fund company now holds 3,433 shares of CI which is valued at $429,125. CIGNA Corporation makes up approx 0.28% of Genesee Valley Trust Co’s portfolio. Central Bank Trust Co added CI to its portfolio by purchasing 23 company shares during the most recent quarter which is valued at $2,926.

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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