Pensionfund Dsm Netherlands buys $3.7 Million stake in CIGNA Corporation (CI)

CIGNA Corporation (CI) : Pensionfund Dsm Netherlands scooped up 1,300 additional shares in CIGNA Corporation during the most recent quarter end , according to a recent disclosure to the SEC on Apr 4, 2016. The investment management firm now holds a total of 28,300 shares of CIGNA Corporation which is valued at $3.7 Million.CIGNA Corporation makes up approximately 0.51% of Pensionfund Dsm Netherlands’s portfolio.

Other Hedge Funds, Including ,

On the company’s financial health, CIGNA Corporation reported $1.87 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Feb 4, 2016. Analyst had a consensus of $1.79. The company had revenue of $9528.00 million for the quarter, compared to analysts expectations of $9525.21 million. The company’s revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.80 EPS.

Many Wall Street Analysts have commented on CIGNA Corporation. CIGNA Corporation was Upgraded by Jefferies to ” Buy” on Jan 8, 2016.

CIGNA Corporation opened for trading at $130.38 and hit $132.7 on the upside on Monday, eventually ending the session at $132.05, with a gain of 1.26% or 1.64 points. The heightened volatility saw the trading volume jump to 18,63,000 shares. Company has a market cap of $33,774 M.

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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