REV Group, Inc. (REVG) Reaches $18.20 Formed H&S; Glenview Capital Management Decreased Its Cigna (CI) Holding

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REV Group, Inc. (REVG) formed H&S with $16.56 target or 9.00% below today’s $18.20 share price. REV Group, Inc. (REVG) has $1.18B valuation. The stock increased 1.28% or $0.23 during the last trading session, reaching $18.2. About 615,758 shares traded. REV Group, Inc. (NYSE:REVG) has declined 23.94% since April 27, 2017 and is downtrending. It has underperformed by 35.49% the S&P500.

Glenview Capital Management Llc decreased Cigna Corporation (CI) stake by 15.07% reported in 2017Q4 SEC filing. Glenview Capital Management Llc sold 464,675 shares as Cigna Corporation (CI)’s stock declined 18.61%. The Glenview Capital Management Llc holds 2.62M shares with $531.91M value, down from 3.08 million last quarter. Cigna Corporation now has $41.87B valuation. The stock increased 0.26% or $0.45 during the last trading session, reaching $172.15. About 1.25M shares traded. Cigna Corporation (NYSE:CI) has risen 13.35% since April 27, 2017 and is uptrending. It has outperformed by 1.80% the S&P500.

Analysts await REV Group, Inc. (NYSE:REVG) to report earnings on June, 5. They expect $0.32 earnings per share, up 10.34% or $0.03 from last year’s $0.29 per share. REVG’s profit will be $20.66M for 14.22 P/E if the $0.32 EPS becomes a reality. After $0.13 actual earnings per share reported by REV Group, Inc. for the previous quarter, Wall Street now forecasts 146.15% EPS growth.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.05, from 0.96 in 2017Q3. It dived, as 38 investors sold CI shares while 280 reduced holdings. 92 funds opened positions while 197 raised stakes. 208.24 million shares or 0.93% more from 206.32 million shares in 2017Q3 were reported. Sheets Smith Wealth Mgmt accumulated 2,133 shares. Moreover, Advantus Cap has 0.13% invested in Cigna Corporation (NYSE:CI). Hanson Doremus Inv Mgmt invested in 0.06% or 817 shares. Voloridge Invest Mgmt Ltd Company has invested 0.87% in Cigna Corporation (NYSE:CI). Barclays Public Ltd Com has invested 0.09% of its portfolio in Cigna Corporation (NYSE:CI). Gemmer Asset Ltd Liability Com has 135 shares. Boston Ltd Liability Corporation has invested 0.03% in Cigna Corporation (NYSE:CI). Amg Retail Bank accumulated 1,800 shares. Ferguson Wellman stated it has 0.01% of its portfolio in Cigna Corporation (NYSE:CI). The Alabama-based Wealthtrust has invested 0% in Cigna Corporation (NYSE:CI). State Street Corporation reported 10.40 million shares. Portland Glob Advisors Lc holds 0.36% or 4,748 shares. Plante Moran Advsr Limited Liability Corporation owns 70 shares for 0.01% of their portfolio. Fulton State Bank Na reported 1,768 shares. Hallmark owns 88,760 shares for 2.17% of their portfolio.

Analysts await Cigna Corporation (NYSE:CI) to report earnings on May, 3 before the open. They expect $3.39 EPS, up 22.38% or $0.62 from last year’s $2.77 per share. CI’s profit will be $824.57 million for 12.70 P/E if the $3.39 EPS becomes a reality. After $1.94 actual EPS reported by Cigna Corporation for the previous quarter, Wall Street now forecasts 74.74% EPS growth.

Among 22 analysts covering CIGNA (NYSE:CI), 18 have Buy rating, 0 Sell and 4 Hold. Therefore 82% are positive. CIGNA had 65 analyst reports since July 27, 2015 according to SRatingsIntel. Barclays Capital maintained Cigna Corporation (NYSE:CI) rating on Wednesday, January 6. Barclays Capital has “Equal-Weight” rating and $168 target. The rating was maintained by Jefferies with “Buy” on Thursday, February 1. The firm has “Buy” rating given on Monday, March 26 by Jefferies. Citigroup maintained it with “Buy” rating and $231 target in Friday, November 3 report. The firm has “Buy” rating by Cowen & Co given on Monday, October 23. The firm has “Buy” rating given on Friday, August 4 by Oppenheimer. RBC Capital Markets maintained it with “Outperform” rating and $177 target in Monday, May 8 report. As per Thursday, July 13, the company rating was maintained by Cowen & Co. The firm has “Buy” rating by RBC Capital Markets given on Monday, August 7. Citigroup maintained the shares of CI in report on Monday, August 7 with “Buy” rating.

Glenview Capital Management Llc increased Cbs Corp New (NYSE:CBS) stake by 197,840 shares to 6.77 million valued at $399.18M in 2017Q4. It also upped Thermo Fisher Scientific Inc (NYSE:TMO) stake by 598,749 shares and now owns 3.33 million shares. Walgreens Boots Alliance Inc was raised too.

Cigna Corporation (NYSE:CI) Institutional Positions Chart