Dodge & Cox Adds $124M in The Cigna Group ($CI)

The investment firm added 417,173 shares of The Cigna Group, boosting its holdings to over 11.5 million shares.

Key Points

  • Dodge & Cox increased its investment in The Cigna Group by 417,173 shares, now holding 11,555,787 shares worth about $3.44 billion.
  • The Cigna Group, trading on the NYSE under the ticker CI, has a market cap of about $78.53 billion and a P/E ratio of 11.87.
  • The company offers a dividend yield of 2.12% with an annual rate of $6.24 per share.

Dodge & Cox recently boosted its investment in The Cigna Group (NYSE:CI), adding 417,173 shares. This brings their total holdings to 11,555,787 shares, valued at approximately $3.44 billion, as per the latest Form 13F filing with the SEC. The move represents a 3.75% increase from their previous position.

What Changed in Dodge & Cox's Cigna Position

Dodge & Cox increased its stake in The Cigna Group by 417,173 shares, moving from 11,138,614 shares to 11,555,787 shares. This increase reflects a 3.75% growth in their holdings, now valued at around $3.44 billion.

The Cigna Group Stock Snapshot

Shares of NYSE:CI traded near $297.38. The Cigna Group has a market cap of approximately $78.53 billion, with a P/E ratio of 11.87 and a forward P/E of 8.87. The stock's beta is 0.302, indicating lower volatility compared to the market. Over the past year, the stock has ranged between $239.51 and $338.89, with moving averages of $282.08 over 50 days and $281.68 over 200 days. The company maintains a current ratio of 0.818 and a quick ratio of 0.657, with a debt-to-equity ratio of 72.81.

Recent Earnings

In its latest earnings report, The Cigna Group posted revenue of $277.89 billion, with a growth rate of 4.6%. The company's net margin stood at 2.26%, and it achieved a return on equity of 16.27%. The next earnings date is scheduled for July 30, 2026.

Dividend

The Cigna Group offers a dividend rate of $6.24 per share, resulting in a yield of 2.12%. The dividend payout ratio is 24.36%, showing a conservative approach to dividend distribution.

About The Cigna Group

The Cigna Group, headquartered in Bloomfield, Connecticut, provides insurance and related products and services primarily in the United States. Operating through its Evernorth Health Services and Cigna Healthcare segments, the company offers a wide range of health-related services, including pharmacy benefit management and comprehensive medical plans. Led by CEO David Michael Cordani, Cigna serves a diverse customer base, including individuals, employers, and multinational organizations, through various distribution channels.

Bottom Line

Dodge & Cox's increased investment in The Cigna Group is a noteworthy development for investors tracking institutional moves. The 13F filing provides a backward-looking view of their holdings as of the reporting period, offering insight into their confidence in Cigna's performance. As always, these filings represent past actions and not necessarily current positions.

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.