Swedbank Trimmed Cigna (CI) Holding By $220.93 Million, Gain Capital Holdings (GCAP)’s Sentiment Is 1.05

July 17, 2017 - By Marguerite Chambers

Swedbank decreased Cigna Corp (CI) stake by 43.54% reported in 2016Q4 SEC filing. Swedbank sold 1.66 million shares as Cigna Corp (CI)’s stock rose 11.09%. The Swedbank holds 2.15M shares with $287.35M value, down from 3.82 million last quarter. Cigna Corp now has $44.69B valuation. It closed at $173.8 lastly. It is down 23.57% since July 17, 2016 and is uptrending. It has outperformed by 6.87% the S&P500.

GAIN Capital Holdings, Inc. is a well-known provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The company has market cap of $307.11 million. The Company’s divisions include Retail segment, Institutional segment and Futures segment. It has a 62.95 P/E ratio. Through its retail segment, the Company provides its retail clients across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.

Since January 24, 2017, it had 0 insider buys, and 15 sales for $16.97 million activity. Shares for $654,155 were sold by McCarthy Thomas A on Monday, February 27. On Wednesday, May 24 the insider Bacus Lisa R sold $1.85M. On Wednesday, June 14 the insider Triplett Michael W sold $240,153. $640,418 worth of stock was sold by Sadler Jason D on Monday, April 10. 500 shares were sold by Hoeltzel Mary T, worth $83,350 on Tuesday, June 6. Shares for $87,126 were sold by HENNEY JANE E MD on Tuesday, January 24. 1,923 shares valued at $320,269 were sold by ZOLLARS WILLIAM D on Tuesday, June 13.

Among 17 analysts covering CIGNA (NYSE:CI), 15 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. CIGNA had 30 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, October 2 by Citigroup. The stock of CIGNA Corporation (NYSE:CI) earned “Hold” rating by Evercore on Friday, September 23. The stock of CIGNA Corporation (NYSE:CI) earned “Overweight” rating by Morgan Stanley on Wednesday, June 7. The company was downgraded on Wednesday, August 5 by Zacks. Piper Jaffray initiated CIGNA Corporation (NYSE:CI) on Wednesday, January 4 with “Overweight” rating. The rating was upgraded by Sterne Agee CRT to “Buy” on Monday, July 27. The firm earned “Outperform” rating on Friday, February 10 by RBC Capital Markets. The company was maintained on Tuesday, August 18 by RBC Capital Markets. Jefferies maintained CIGNA Corporation (NYSE:CI) on Wednesday, June 7 with “Buy” rating. The firm has “Equal-Weight” rating given on Wednesday, January 6 by Barclays Capital.

Investors sentiment increased to 0.86 in Q4 2016. Its up 0.10, from 0.76 in 2016Q3. It is positive, as 53 investors sold CI shares while 249 reduced holdings. 73 funds opened positions while 187 raised stakes. 216.73 million shares or 1.90% more from 212.68 million shares in 2016Q3 were reported. Breithorn Cap Management accumulated 3,600 shares. Toronto Dominion Bank & Trust owns 44,269 shares. Smith Graham And Advisors Ltd Partnership has invested 0.57% in CIGNA Corporation (NYSE:CI). Greenlight Cap invested 1% in CIGNA Corporation (NYSE:CI). Bessemer Gru Inc stated it has 147 shares or 0% of all its holdings. Oregon Employees Retirement Fund holds 66,582 shares or 0.18% of its portfolio. Finemark Bancorp And Trust, a Florida-based fund reported 31,012 shares. Bb&T Ltd Liability Corp accumulated 27,085 shares or 0.05% of the stock. Clarivest Asset Mgmt Limited Liability Com reported 150 shares. Hanson And Doremus holds 817 shares or 0% of its portfolio. Kanaly Trust owns 222 shares. Lpl Fincl Limited Liability Company stated it has 0.04% of its portfolio in CIGNA Corporation (NYSE:CI). Crawford Investment Counsel Incorporated has 0.01% invested in CIGNA Corporation (NYSE:CI). Gulf Savings Bank (Uk) reported 78,742 shares or 0.16% of all its holdings. Argent Capital Mgmt Ltd Liability Corp invested 0.01% of its portfolio in CIGNA Corporation (NYSE:CI).

Analysts await CIGNA Corporation (NYSE:CI) to report earnings on August, 4 before the open. They expect $2.48 earnings per share, up 25.25% or $0.50 from last year’s $1.98 per share. CI’s profit will be $637.69M for 17.52 P/E if the $2.48 EPS becomes a reality. After $2.77 actual earnings per share reported by CIGNA Corporation for the previous quarter, Wall Street now forecasts -10.47% negative EPS growth.

Swedbank increased Berkshire Hathaw (BRKB) stake by 257,451 shares to 1.81 million valued at $295.06 million in 2016Q4. It also upped Google Inc stake by 14,195 shares and now owns 641,978 shares. At&T Inc (NYSE:T) was raised too.

It closed at $6.52 lastly. It is down 12.52% since July 17, 2016 and is downtrending. It has underperformed by 29.22% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 7 sales for $783,174 activity.

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