Omers Administration Cut Its Stake in Cigna (CI) as Market Valuation Rose; As First Commonwealth Financial C (FCF) Stock Price Declined, Parametric Portfolio Associates Trimmed by $503,286 Its Position

January 19, 2018 - By Michael Collier

Omers Administration Corp decreased its stake in Cigna Corporation (CI) by 54.44% based on its latest 2017Q3 regulatory filing with the SEC. Omers Administration Corp sold 13,500 shares as the company’s stock rose 11.09% with the market. The institutional investor held 11,300 shares of the medical specialities company at the end of 2017Q3, valued at $2.11 million, down from 24,800 at the end of the previous reported quarter. Omers Administration Corp who had been investing in Cigna Corporation for a number of months, seems to be less bullish one the $54.28B market cap company. The stock increased 0.22% or $0.48 during the last trading session, reaching $220.14. About 1.00 million shares traded. Cigna Corporation (NYSE:CI) has risen 23.57% since January 19, 2017 and is uptrending. It has outperformed by 6.87% the S&P500.

Parametric Portfolio Associates Llc decreased its stake in First Commonwealth Financial C (FCF) by 4.01% based on its latest 2017Q3 regulatory filing with the SEC. Parametric Portfolio Associates Llc sold 35,949 shares as the company’s stock declined 13.80% while stock markets rallied. The institutional investor held 860,336 shares of the major banks company at the end of 2017Q3, valued at $12.16M, down from 896,285 at the end of the previous reported quarter. Parametric Portfolio Associates Llc who had been investing in First Commonwealth Financial C for a number of months, seems to be less bullish one the $1.47 billion market cap company. The stock increased 1.21% or $0.18 during the last trading session, reaching $15.07. About 251,759 shares traded. First Commonwealth Financial Corporation (NYSE:FCF) has risen 38.31% since January 19, 2017 and is uptrending. It has outperformed by 21.61% the S&P500.

Since August 7, 2017, it had 0 insider purchases, and 11 selling transactions for $15.30 million activity. HENNEY JANE E MD had sold 400 shares worth $85,184 on Friday, January 12. MURABITO JOHN M also sold $5.77 million worth of Cigna Corporation (NYSE:CI) on Wednesday, January 10. $402,366 worth of Cigna Corporation (NYSE:CI) was sold by Bacus Lisa R on Wednesday, August 16. Sadler Jason D had sold 37,756 shares worth $6.65M. Triplett Michael W had sold 3,700 shares worth $647,360. ZARCONE DONNA F sold $1.29M worth of Cigna Corporation (NYSE:CI) on Tuesday, January 16.

Investors sentiment is 0.96 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 47 investors sold CI shares while 249 reduced holdings. only 72 funds opened positions while 212 raised stakes. 206.32 million shares or 5.35% less from 217.98 million shares in 2017Q2 were reported. Bell Savings Bank, a North Dakota-based fund reported 1,407 shares. Soros Fund Ltd owns 76,800 shares. Parametrica Mngmt Ltd invested in 0.17% or 2,108 shares. Jaffetilchin Investment Prtn Ltd Co holds 0.12% or 2,808 shares. Monetary Group holds 0.23% or 2,950 shares. Fmr Lc invested in 8.64 million shares. 1,902 were reported by Prelude Cap Ltd Liability Com. Carlson Capital Limited Partnership has invested 0.43% in Cigna Corporation (NYSE:CI). Asset Advsr Corporation owns 2,650 shares for 0.09% of their portfolio. Marvin And Palmer Associate holds 2.96% in Cigna Corporation (NYSE:CI) or 12,900 shares. The New York-based First Manhattan Communications has invested 0.01% in Cigna Corporation (NYSE:CI). Sanders Cap Ltd Liability holds 2.96 million shares or 3.37% of its portfolio. Meiji Yasuda Life Insur stated it has 8,790 shares or 0.24% of all its holdings. Suntrust Banks invested in 0.19% or 189,249 shares. Oakworth Inc owns 36 shares for 0% of their portfolio.

Omers Administration Corp, which manages about $8.76B US Long portfolio, upped its stake in Terraform Global Inc by 200,449 shares to 1.68 million shares, valued at $8.00M in 2017Q3, according to the filing. It also increased its holding in Cu Bancorp Calif (NASDAQ:CUNB) by 26,080 shares in the quarter, for a total of 146,980 shares, and has risen its stake in Consolidated Edison Inc (NYSE:ED).

Among 19 analysts covering CIGNA (NYSE:CI), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. CIGNA had 54 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Monday, September 11. JP Morgan initiated Cigna Corporation (NYSE:CI) on Wednesday, September 16 with “Overweight” rating. RBC Capital Markets maintained Cigna Corporation (NYSE:CI) on Thursday, June 22 with “Outperform” rating. The firm earned “Buy” rating on Monday, July 27 by Sterne Agee CRT. As per Sunday, July 23, the company rating was maintained by RBC Capital Markets. Cowen & Co maintained the stock with “Buy” rating in Monday, October 23 report. The stock of Cigna Corporation (NYSE:CI) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, August 18. The stock of Cigna Corporation (NYSE:CI) earned “Buy” rating by Piper Jaffray on Sunday, August 6. Piper Jaffray initiated the stock with “Overweight” rating in Wednesday, January 4 report. The stock of Cigna Corporation (NYSE:CI) has “Overweight” rating given on Wednesday, June 7 by Morgan Stanley.

Analysts await Cigna Corporation (NYSE:CI) to report earnings on February, 1. They expect $1.87 EPS, 0.00% or $0.00 from last year’s $1.87 per share. CI’s profit will be $461.05M for 29.43 P/E if the $1.87 EPS becomes a reality. After $2.83 actual EPS reported by Cigna Corporation for the previous quarter, Wall Street now forecasts -33.92% negative EPS growth.

Among 7 analysts covering First Commonwealth Financial (NYSE:FCF), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. First Commonwealth Financial had 15 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of First Commonwealth Financial Corporation (NYSE:FCF) earned “Mkt Perform” rating by FBR Capital on Thursday, January 26. RBC Capital Markets maintained First Commonwealth Financial Corporation (NYSE:FCF) on Thursday, September 7 with “Buy” rating. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. On Monday, March 7 the stock rating was maintained by Macquarie Research with “Neutral”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, October 3. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, June 1. The rating was initiated by Raymond James on Wednesday, January 13 with “Mkt Perform”. As per Thursday, July 27, the company rating was maintained by Boenning & Scattergood. As per Wednesday, September 21, the company rating was maintained by Keefe Bruyette & Woods. On Tuesday, August 8 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

Analysts await First Commonwealth Financial Corporation (NYSE:FCF) to report earnings on January, 24. They expect $0.21 EPS, down 4.55% or $0.01 from last year’s $0.22 per share. FCF’s profit will be $20.47 million for 17.94 P/E if the $0.21 EPS becomes a reality. After $0.22 actual EPS reported by First Commonwealth Financial Corporation for the previous quarter, Wall Street now forecasts -4.55% negative EPS growth.

Investors sentiment decreased to 1.47 in Q3 2017. Its down 0.37, from 1.84 in 2017Q2. It dived, as 12 investors sold FCF shares while 39 reduced holdings. 27 funds opened positions while 48 raised stakes. 63.12 million shares or 3.95% more from 60.73 million shares in 2017Q2 were reported. Moreover, Retail Bank Of America Corporation De has 0% invested in First Commonwealth Financial Corporation (NYSE:FCF). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt Corp holds 47,000 shares or 0.01% of its portfolio. Natixis owns 0% invested in First Commonwealth Financial Corporation (NYSE:FCF) for 14,167 shares. Fmr Limited Liability Com owns 0% invested in First Commonwealth Financial Corporation (NYSE:FCF) for 1.39M shares. Thrivent For Lutherans holds 0.04% or 875,635 shares. 324,446 were accumulated by First Commonwealth Financial Corporation Pa. Ls Investment Advsr Limited Liability Corporation holds 0% in First Commonwealth Financial Corporation (NYSE:FCF) or 3,293 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in First Commonwealth Financial Corporation (NYSE:FCF) for 2,956 shares. 211,626 are owned by California Public Employees Retirement. Kbc Grp Incorporated Nv stated it has 0.01% of its portfolio in First Commonwealth Financial Corporation (NYSE:FCF). Smithfield Company has 0.01% invested in First Commonwealth Financial Corporation (NYSE:FCF) for 7,420 shares. Morgan Stanley reported 0% of its portfolio in First Commonwealth Financial Corporation (NYSE:FCF). The New York-based Citigroup has invested 0% in First Commonwealth Financial Corporation (NYSE:FCF). Tennessee-based State Of Tennessee Treasury Department has invested 0.01% in First Commonwealth Financial Corporation (NYSE:FCF). Bridgeway Capital Mgmt stated it has 0.05% of its portfolio in First Commonwealth Financial Corporation (NYSE:FCF).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts