As Cigna (CI) Market Valuation Rose, Lsv Asset Management Has Lowered Stake by $48.40 Million; As Bank Amer (BAC) Stock Value Declined, Shareholder Salzhauer Michael Increased Position

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Lsv Asset Management decreased its stake in Cigna Corporation (CI) by 73.56% based on its latest 2018Q3 regulatory filing with the SEC. Lsv Asset Management sold 232,700 shares as the company’s stock rose 10.58% while stock markets declined. The institutional investor held 83,619 shares of the medical specialities company at the end of 2018Q3, valued at $17.41M, down from 316,319 at the end of the previous reported quarter. Lsv Asset Management who had been investing in Cigna Corporation for a number of months, seems to be less bullish one the $74.12 billion market cap company. The stock increased 1.50% or $2.88 during the last trading session, reaching $194.66. About 3.92M shares traded or 41.50% up from the average. Cigna Corporation (NYSE:CI) has risen 0.04% since January 12, 2018 and is uptrending. It has outperformed by 0.04% the S&P500. Some Historical CI News: 08/03/2018 – New York Post: Cigna to buy Express Scripts for $54 billion; 29/05/2018 – ANZ Says Sale Includes 20-Year Strategic Alliance with Cigna; 20/03/2018 – Global Capital: Cigna jumbo loan just a drop in the ocean; 08/03/2018 – Fitch Places Cigna on Rating Watch Negative on Acquisition; 18/04/2018 – MEDIA-Cigna-Express Scripts deal to face Justice Department review – Bloomberg; 08/03/2018 – CIGNA CEO SAYS GROWTH SYNERGIES ARE NOT IN ACCRETION NUMBERS; 08/03/2018 – Cigna announced Thursday it planned to acquire pharmacy benefit manager Express Scripts in a $67 billion deal; 08/03/2018 – Cigna Trading Activity Surges to Almost 34 Times 20 Day Average; 09/05/2018 – Cigna Named to Corporate Responsibility Magazine‚Äôs 100 Best Corporate Citizens List for Fourth Consecutive Year; 06/03/2018 – Sarah Townsend: Exclusive: Cigna projects 30% annual growth in Middle East after Zurich takeover

Salzhauer Michael increased its stake in Bank Amer Corp (BAC) by 328.8% based on its latest 2018Q3 regulatory filing with the SEC. Salzhauer Michael bought 1.34 million shares as the company’s stock declined 19.66% with the market. The institutional investor held 1.75 million shares of the major banks company at the end of 2018Q3, valued at $51.62M, up from 408,600 at the end of the previous reported quarter. Salzhauer Michael who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $255.46 billion market cap company. The stock increased 1.17% or $0.3 during the last trading session, reaching $26.03. About 63.48M shares traded. Bank of America Corporation (NYSE:BAC) has declined 13.97% since January 12, 2018 and is downtrending. It has underperformed by 13.97% the S&P500. Some Historical BAC News: 08/03/2018 – U.S. SEC SAYS MERRILL LYNCH CHARGED WITH GATEKEEPING FAILURES IN THE UNREGISTERED SALES OF SECURITIES; 15/05/2018 – Encompass Health at Bank of America Conference Tomorrow; 18/04/2018 – BAML names new head of EMEA business; 30/03/2018 – ABF Journal: BofA Upsizes Huron Revolver to $150MM; 22/04/2018 – DJ Bank of America Corporation, Inst Holders, 1Q 2018 (BAC); 01/05/2018 – Bank Of America: Houston Entrepreneurs Most Confident in Their Local Economy Among 10 Major American Cities – Tuesday, May 1,; 25/04/2018 – BOFA SAYS PROPOSAL FOR INDEPENDENT CHAIR GETS 30.7% SUPPORT; 04/05/2018 – Editas Presenting at Bank of America Conference May 15; 14/05/2018 – Owens & Minor Presenting at Bank of America Conference Tomorrow; 20/04/2018 – U.S. banks push mortgage apps as home lending slows

Among 25 analysts covering CIGNA (NYSE:CI), 22 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. CIGNA had 77 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was downgraded by Zacks to “Buy” on Wednesday, August 5. Credit Suisse maintained the shares of CI in report on Tuesday, September 18 with “Outperform” rating. The rating was maintained by Morgan Stanley on Thursday, August 17 with “Overweight”. As per Tuesday, August 18, the company rating was maintained by RBC Capital Markets. The stock has “Buy” rating by Oppenheimer on Thursday, June 15. The stock of Cigna Corporation (NYSE:CI) has “Outperform” rating given on Friday, February 10 by RBC Capital Markets. On Friday, September 23 the stock rating was initiated by Evercore with “Hold”. The stock has “Buy” rating by Jefferies on Tuesday, September 5. Sterne Agee CRT upgraded the stock to “Buy” rating in Monday, July 27 report. The stock of Cigna Corporation (NYSE:CI) has “Buy” rating given on Friday, October 13 by Jefferies.

Since September 14, 2018, it had 0 buys, and 4 selling transactions for $5.21 million activity. Shares for $46,101 were sold by ZOLLARS WILLIAM D. The insider Triplett Michael W sold $605,253.

Analysts await Cigna Corporation (NYSE:CI) to report earnings on February, 7. They expect $2.51 EPS, up 29.38% or $0.57 from last year’s $1.94 per share. CI’s profit will be $955.75M for 19.39 P/E if the $2.51 EPS becomes a reality. After $3.84 actual EPS reported by Cigna Corporation for the previous quarter, Wall Street now forecasts -34.64% negative EPS growth.

Lsv Asset Management, which manages about $82.68B and $66.85B US Long portfolio, upped its stake in Tcf Financial Corporation (NYSE:TCB) by 61,612 shares to 3.84 million shares, valued at $91.45M in 2018Q3, according to the filing. It also increased its holding in Whirlpool Corporation (NYSE:WHR) by 288,480 shares in the quarter, for a total of 2.19M shares, and has risen its stake in Bankunited Inc. (NYSE:BKU).

Investors sentiment decreased to 0.98 in Q3 2018. Its down 0.14, from 1.12 in 2018Q2. It dropped, as 53 investors sold CI shares while 251 reduced holdings. 107 funds opened positions while 190 raised stakes. 217.73 million shares or 4.89% more from 207.58 million shares in 2018Q2 were reported. Dorsey Whitney Trust Ltd Liability Corp invested in 0.1% or 3,095 shares. Clark Estates Ny holds 1.09% in Cigna Corporation (NYSE:CI) or 35,000 shares. Zeke Advsr Llc has 2,976 shares. The Massachusetts-based Moors And Cabot Inc has invested 0.14% in Cigna Corporation (NYSE:CI). Gmt Corp holds 230,260 shares. Valley Advisers stated it has 669 shares. Hallmark reported 90,892 shares. 3,843 were accumulated by Montag A And. 3,590 are held by Comml Bank Of Hawaii. Fil Ltd reported 1.47M shares. 4,524 were accumulated by Howe And Rusling. Cambridge Tru holds 1,360 shares. Wright Invsts Serv stated it has 0.36% in Cigna Corporation (NYSE:CI). Phocas Financial reported 3,440 shares. 4,630 are owned by Tru Investment.

More notable recent Cigna Corporation (NYSE:CI) news were published by: Seekingalpha.com which released: “BAML unveils its high conviction calls – Seeking Alpha” on January 02, 2019, also Seekingalpha.com with their article: “Goldman restarts Cigna at Buy – Seeking Alpha” published on December 24, 2018, Bizjournals.com published: “M&A slump expected as Trump’s trade wars, stock volatility continue; here’s what it means in Cincinnati – Cincinnati Business Courier” on January 11, 2019. More interesting news about Cigna Corporation (NYSE:CI) were released by: Streetinsider.com and their article: “Cigna (CI) Completes Combination with Express Scripts (ESRX) – StreetInsider.com” published on December 20, 2018 as well as Seekingalpha.com‘s news article titled: “New York on board with Cigna-Express Scripts tie-up – Seeking Alpha” with publication date: December 14, 2018.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America had 118 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Wednesday, June 14 with “Buy”. Keefe Bruyette & Woods downgraded the stock to “Market Perform” rating in Monday, May 16 report. On Friday, January 29 the stock rating was upgraded by CLSA to “Outperform”. The company was upgraded on Tuesday, September 1 by Macquarie Research. RBC Capital Markets maintained it with “Buy” rating and $26.0 target in Friday, October 6 report. Robert W. Baird maintained the stock with “Hold” rating in Friday, September 29 report. The stock has “Buy” rating by Bernstein on Tuesday, September 1. Societe Generale downgraded it to “Hold” rating and $33.0 target in Tuesday, January 9 report. UBS upgraded Bank of America Corporation (NYSE:BAC) on Wednesday, August 26 to “Neutral” rating. The stock of Bank of America Corporation (NYSE:BAC) has “Neutral” rating given on Tuesday, April 24 by Citigroup.

Investors sentiment decreased to 0.84 in 2018 Q3. Its down 0.17, from 1.01 in 2018Q2. It dived, as 57 investors sold BAC shares while 649 reduced holdings. 123 funds opened positions while 473 raised stakes. 6.37 billion shares or 1.73% less from 6.48 billion shares in 2018Q2 were reported. Eulav Asset Mngmt owns 505,000 shares. Paloma Ptnrs Management holds 1.27M shares. The California-based Polaris Greystone Fincl Grp Lc has invested 0.21% in Bank of America Corporation (NYSE:BAC). 5.79 million were accumulated by Dnb Asset Mgmt As. Waters Parkerson And Co Limited Liability Corporation owns 986,904 shares. Gw Henssler & Ltd has invested 0.03% in Bank of America Corporation (NYSE:BAC). Wesbanco Financial Bank holds 0.09% or 65,252 shares. Arkansas-based Horrell Mgmt has invested 0.61% in Bank of America Corporation (NYSE:BAC). 15,735 are held by Arbor Llc. Dynamic Management invested in 0.42% or 10,550 shares. Nokota Management LP owns 2.64 million shares. South Texas Money Mgmt, Texas-based fund reported 1.73M shares. Lakeview Capital Ltd Liability Company has 56,342 shares for 1.09% of their portfolio. Johnson Invest Counsel Inc holds 0.99% or 1.51 million shares in its portfolio. Moreover, Carroll Financial Associate has 0.45% invested in Bank of America Corporation (NYSE:BAC).

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Seekingalpha.com which released: “BAC: Banks Are Losing Their Advantage Due To Rising Rates – Seeking Alpha” on October 28, 2018, also Seekingalpha.com with their article: “The Attractiveness Of Bank Of America At $25 Instead Of $12.50 – Seeking Alpha” published on December 13, 2018, Investorplace.com published: “Why the Time to Bank on Bank of America Stock Will Soon Arrive – Investorplace.com” on January 03, 2019. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Investorplace.com and their article: “5 Top Stock Trades for Thursday: BAC, JPM, BOX – Investorplace.com” published on January 02, 2019 as well as Seekingalpha.com‘s news article titled: “Bank Of America: A Good Crush – Seeking Alpha” with publication date: January 08, 2019.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart