As Danaher Del (DHR) Shares Declined, Holder Pictet Bank & Trust LTD Has Decreased Position; Sivik Global Healthcare Trimmed Cigna Com Stk (CI) Holding as Share Price Rose

December 16, 2017 - By Adrian Mccoy

Krishen Sud decreased its stake in Cigna Corporation Com Stk (CI) by 17.53% based on its latest 2017Q2 regulatory filing with the SEC. Sivik Global Healthcare Llc sold 8,504 shares as the company’s stock rose 11.09% with the market. The hedge fund run by Krishen Sud held 40,000 shares of the medical specialities company at the end of 2017Q2, valued at $6.70 million, down from 48,504 at the end of the previous reported quarter. Sivik Global Healthcare Llc who had been investing in Cigna Corporation Com Stk for a number of months, seems to be less bullish one the $50.33B market cap company. The stock increased 0.25% or $0.51 during the last trading session, reaching $204.14. About 3.64 million shares traded or 174.96% up from the average. Cigna Corporation (NYSE:CI) has risen 23.57% since December 16, 2016 and is uptrending. It has outperformed by 6.87% the S&P500.

Pictet Bank & Trust Ltd decreased its stake in Danaher Corp Del (DHR) by 20.34% based on its latest 2017Q2 regulatory filing with the SEC. Pictet Bank & Trust Ltd sold 9,400 shares as the company’s stock declined 2.27% while stock markets rallied. The institutional investor held 36,825 shares of the industrial machinery and components company at the end of 2017Q2, valued at $3.11 million, down from 46,225 at the end of the previous reported quarter. Pictet Bank & Trust Ltd who had been investing in Danaher Corp Del for a number of months, seems to be less bullish one the $65.39B market cap company. The stock increased 1.24% or $1.15 during the last trading session, reaching $94. About 5.07M shares traded or 116.65% up from the average. Danaher Corporation (NYSE:DHR) has risen 10.62% since December 16, 2016 and is uptrending. It has underperformed by 6.08% the S&P500.

Since August 7, 2017, it had 0 insider purchases, and 7 selling transactions for $8.11 million activity. Another trade for 2,236 shares valued at $402,366 was made by Bacus Lisa R on Wednesday, August 16. 212 shares were sold by HARRIS ISAIAH JR, worth $44,382 on Monday, December 11. Hoeltzel Mary T sold $93,232 worth of stock or 525 shares. ZOLLARS WILLIAM D also sold $230,662 worth of Cigna Corporation (NYSE:CI) on Wednesday, September 13. Another trade for 37,756 shares valued at $6.65M was sold by Sadler Jason D.

Investors sentiment is 0.96 in Q2 2017. Its the same as in 2017Q1. It has no change, as 48 investors sold CI shares while 245 reduced holdings. only 81 funds opened positions while 200 raised stakes. 217.98 million shares or 0.25% less from 218.52 million shares in 2017Q1 were reported. Great Lakes Advisors Ltd Com reported 0.09% stake. Cohen Steers Inc has 166,885 shares for 0.07% of their portfolio. Kemnay Advisory Svcs Inc invested 0.47% in Cigna Corporation (NYSE:CI). Moreover, Smith Graham Company Investment Advsrs Ltd Partnership has 0.7% invested in Cigna Corporation (NYSE:CI). Whittier Tru reported 0.04% in Cigna Corporation (NYSE:CI). Sandy Spring Fincl Bank stated it has 0% in Cigna Corporation (NYSE:CI). 17,500 were accumulated by Iguana Healthcare Management Limited Co. Duncker Streett & owns 2,475 shares. Norway-based Dnb Asset Mgmt As has invested 0% in Cigna Corporation (NYSE:CI). Highline Cap Mgmt LP holds 1.81% or 341,200 shares. Usca Ria Ltd Com holds 0.04% of its portfolio in Cigna Corporation (NYSE:CI) for 1,734 shares. Dorsey And Whitney Trust Ltd Co stated it has 2,749 shares. Zeke Cap Advsr Ltd Limited Liability Company reported 2,315 shares. North Carolina-based Bancorporation Of America De has invested 0.05% in Cigna Corporation (NYSE:CI). Parkwood Ltd Liability Corp has 0.04% invested in Cigna Corporation (NYSE:CI).

Among 18 analysts covering CIGNA (NYSE:CI), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. CIGNA had 52 analyst reports since July 27, 2015 according to SRatingsIntel. As per Friday, January 8, the company rating was upgraded by Jefferies. The firm earned “Buy” rating on Friday, October 2 by Citigroup. Jefferies maintained it with “Buy” rating and $221 target in Friday, October 13 report. The firm has “Buy” rating by Cowen & Co given on Thursday, July 13. The stock of Cigna Corporation (NYSE:CI) earned “Buy” rating by Zacks on Wednesday, August 5. The rating was maintained by RBC Capital Markets on Tuesday, August 18 with “Sector Perform”. The firm earned “Buy” rating on Friday, November 3 by RBC Capital Markets. As per Wednesday, September 16, the company rating was initiated by JP Morgan. The company was upgraded on Friday, February 10 by RBC Capital Markets. The stock of Cigna Corporation (NYSE:CI) has “Buy” rating given on Thursday, June 15 by Oppenheimer.

Analysts await Cigna Corporation (NYSE:CI) to report earnings on February, 1. They expect $1.89 earnings per share, up 1.07% or $0.02 from last year’s $1.87 per share. CI’s profit will be $465.98M for 27.00 P/E if the $1.89 EPS becomes a reality. After $2.83 actual earnings per share reported by Cigna Corporation for the previous quarter, Wall Street now forecasts -33.22% negative EPS growth.

Sivik Global Healthcare Llc, which manages about $250.21 million and $273.21 million US Long portfolio, upped its stake in Impax Laboratories Inc (NASDAQ:IPXL) by 81,970 shares to 250,000 shares, valued at $4.03 million in 2017Q2, according to the filing. It also increased its holding in Molina Healthcare Inc Com Stk (NYSE:MOH) by 62,500 shares in the quarter, for a total of 82,500 shares, and has risen its stake in Perrigo Co Ltd Com Stk (NYSE:PRGO).

Analysts await Danaher Corporation (NYSE:DHR) to report earnings on January, 30. They expect $1.15 EPS, up 9.52% or $0.10 from last year’s $1.05 per share. DHR’s profit will be $799.95 million for 20.43 P/E if the $1.15 EPS becomes a reality. After $1.00 actual EPS reported by Danaher Corporation for the previous quarter, Wall Street now forecasts 15.00% EPS growth.

Pictet Bank & Trust Ltd, which manages about $316.58 million US Long portfolio, upped its stake in Ametek Inc New (NYSE:AME) by 12,550 shares to 20,190 shares, valued at $1.22 million in 2017Q2, according to the filing. It also increased its holding in Lilly Eli & Co (NYSE:LLY) by 23,200 shares in the quarter, for a total of 26,800 shares, and has risen its stake in Select Sector Spdr Tr (XLE).

Investors sentiment increased to 1.41 in 2017 Q2. Its up 0.35, from 1.06 in 2017Q1. It is positive, as 42 investors sold DHR shares while 311 reduced holdings. 74 funds opened positions while 423 raised stakes. 508.92 million shares or 0.25% less from 510.21 million shares in 2017Q1 were reported. West Oak Cap Ltd Liability Co reported 0% of its portfolio in Danaher Corporation (NYSE:DHR). Iowa-based Hills Bancshares And Trust has invested 0.2% in Danaher Corporation (NYSE:DHR). The Pennsylvania-based Berkshire Asset Mngmt Ltd Liability Com Pa has invested 0.03% in Danaher Corporation (NYSE:DHR). Hightower Advisors Limited Liability has invested 0.1% in Danaher Corporation (NYSE:DHR). Third Point Limited Liability Corporation accumulated 3.30M shares or 2.47% of the stock. Eulav Asset Mgmt owns 192,000 shares or 0.79% of their US portfolio. Bath Savings Trust reported 39,688 shares stake. Optimum Investment Advsr holds 14,134 shares or 0.41% of its portfolio. Cornerstone Advisors has invested 0.1% in Danaher Corporation (NYSE:DHR). Moreover, Baldwin Brothers Ma has 0.5% invested in Danaher Corporation (NYSE:DHR) for 36,934 shares. Nomura Inc invested in 0.01% or 52,160 shares. 6,173 are held by Ledyard Bank & Trust. 5,905 are held by Ballentine Prns Ltd Company. Sigma Investment Counselors owns 37,615 shares. Bessemer Group Inc reported 3.05M shares.

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