Soros Fund Management Has Trimmed Cigna (Call) (CI) Stake By $14.95 Million; Clearsign …

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Soros Fund Management Has Trimmed Cigna (Call) (CI) Stake By $14.95 Million; Clearsign …


June 8, 2018 – By Marguerite Chambers

ClearSign Combustion Corporation (NASDAQ:CLIR) Logo

Soros Fund Management Llc decreased Cigna Corporation (Call) (CI) stake by 73.48% reported in 2018Q1 SEC filing. Soros Fund Management Llc sold 89,500 shares as Cigna Corporation (Call) (CI)’s stock declined 10.20%. The Soros Fund Management Llc holds 32,300 shares with $5.42 million value, down from 121,800 last quarter. Cigna Corporation (Call) now has $43.26B valuation. The stock increased 0.40% or $0.7 during the last trading session, reaching $177.81. About 1.66M shares traded. Cigna Corporation (NYSE:CI) has risen 8.82% since June 8, 2017 and is uptrending. It has underperformed by 3.75% the S&P500. Some Historical CI News: ; 15/03/2018 – Cigna: Jane E. Henney Decides Not to Seek Re-election to Board; 08/03/2018 – CI HAS COMMITTED FINANCING FROM MS,BANK OF TOKYO-MITSUBISHI UFJ; 08/03/2018 – CIGNA SAYS DEAL ALSO INCLUDES ABOUT $15B ASSUMED DEBT; 08/03/2018 – EXPRESS SCRIPTS HOLDING CO – UPON CLOSING OF TRANSACTION, CO’S SHAREHOLDERS WILL OWN APPROXIMATELY 36% OF COMBINED COMPANY; 08/03/2018 – EXPRESS SCRIPTS – CIGNA’S HEADQUARTERS IN BLOOMFIELD, CONNECTICUT, TO BECOME HEADQUARTERS FOR COMBINED CO; 08/03/2018 – The current health-care marketplace is not sustainable, said Cigna CEO David Cordani; 08/03/2018 – FITCH PLACES EXPRESS SCRIPTS’ ON NEGATIVE WATCH WITH CIGNA BID; 29/05/2018 – ANZ’s New Zealand Arm Sells OnePath Life Unit to Cigna; 08/03/2018 – EXPRESS SCRIPTS HOLDING CO – COMBINED COMPANY WILL BE NAMED CIGNA; 13/03/2018 – Cigna Launches ‘Answers by Cigna’ Skill for Amazon Alexa

Clearsign Combustion Corp (CLIR) investors sentiment increased to 2.33 in 2018 Q1. It’s up 1.00, from 1.33 in 2017Q4. The ratio is better, as 14 hedge funds opened new and increased equity positions, while 6 decreased and sold holdings in Clearsign Combustion Corp. The hedge funds in our database now have: 2.26 million shares, up from 1.46 million shares in 2017Q4. Also, the number of hedge funds holding Clearsign Combustion Corp in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 3 Increased: 10 New Position: 4.

The stock decreased 1.19% or $0.025 during the last trading session, reaching $2.075. About 20,606 shares traded. ClearSign Combustion Corporation (CLIR) has declined 48.68% since June 8, 2017 and is downtrending. It has underperformed by 61.25% the S&P500. Some Historical CLIR News: ; 11/05/2018 – CLEARSIGN COMBUSTION CORP – QTRLY SHR LOSS $0.13; 21/03/2018 – ClearSign Announces Completion of Follow-On Project for Aera Energy; 27/03/2018 – ClearSign Combustion 2017 Loss $9.68M; 27/03/2018 – ClearSign Combustion Corporation Announces Full Year 2017 Results; 27/03/2018 – ClearSign Combustion 2017 Loss/Shr 63c; 14/03/2018 ClearSign Combustion Corporation Appoints Susanne Meline to Board of Directors; 14/03/2018 – CLEARSIGN COMBUSTION CORP – INCREASED NUMBER OF DIRECTORS FROM FOUR TO FIVE AND APPOINTED MELINE TO FILL VACANCY; 14/03/2018 – ClearSign Combustion Corp Appoints Susanne Meline to Bd of Directors; 11/05/2018 – ClearSign Combustion 1Q Loss/Shr 13c; 21/04/2018 – DJ Clearsign Combustion Corporation, Inst Holders, 1Q 2018 (CLIR)

ClearSign Combustion Corporation designs and develops technologies to enhance emission and operational performance, energy efficiency, and overall cost-effectiveness of combustion systems the United States. The company has market cap of $44.33 million. The Company’s Duplex and Electrodynamic Combustion Control platform technologies enhance the performance of combustion systems in a range of markets, including energy, commercial/industrial boiler, chemical, petrochemical, and power industries. It currently has negative earnings.

Icm Asset Management Inc Wa holds 1.82% of its portfolio in ClearSign Combustion Corporation for 846,952 shares. National Asset Management Inc. owns 110,331 shares or 0.03% of their US portfolio. Moreover, Sta Wealth Management Llc has 0.03% invested in the company for 39,500 shares. The Tennessee-based Highland Capital Management Llc has invested 0.01% in the stock. Bank Of New York Mellon Corp, a New York-based fund reported 20,692 shares.

Another recent and important ClearSign Combustion Corporation (NASDAQ:CLIR) news was published by Seekingalpha.com which published an article titled: “ClearSign Combustion Corp. (CLIR) CEO Stephen Pirnat on Q1 2018 Results – Earnings Call Transcript” on May 24, 2018.

Since January 1, 0001, it had 4 insider purchases, and 0 sales for $324,500 activity.

Since December 11, 2017, it had 0 buys, and 11 sales for $17.48 million activity. $7.05M worth of stock was sold by Cordani David on Friday, March 2. $85,184 worth of Cigna Corporation (NYSE:CI) shares were sold by HENNEY JANE E MD. ZOLLARS WILLIAM D sold 212 shares worth $43,604. Agoglia Hoeltzel Mary T sold 1,000 shares worth $176,187. 5,971 shares were sold by ZARCONE DONNA F, worth $1.29 million. On Wednesday, January 10 the insider MURABITO JOHN M sold $5.77 million. Jones Nicole S also sold $1.12M worth of Cigna Corporation (NYSE:CI) on Friday, March 2.

More notable recent Cigna Corporation (NYSE:CI) news were published by: Benzinga.com which released: “Cigna Set To Disrupt Commercial Risk Market, Goldman Sachs Says In Upgrade” on June 06, 2018, also Seekingalpha.com with their article: “The Bulls Are Listening – Cramer’s Mad Money (6/6/18)” published on June 07, 2018, Seekingalpha.com published: “Premarket analyst action – healthcare” on June 06, 2018. More interesting news about Cigna Corporation (NYSE:CI) were released by: Streetinsider.com and their article: “US antitrust official says worries over limiting vertical deals ‘misplaced’” published on June 07, 2018 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Alkermes, Cigna, International Paper, Medtronic, Tesla, Western Digital and …” with publication date: June 06, 2018.

Soros Fund Management Llc increased Eqt Corp (NYSE:EQT) stake by 782,716 shares to 1.03M valued at $49.07 million in 2018Q1. It also upped Crown Castle Intl Corp New stake by 10,000 shares and now owns 25,000 shares. Jds Uniphase Corp (Prn) was raised too.

Among 22 analysts covering CIGNA (NYSE:CI), 19 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. CIGNA had 67 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Buy” rating by Leerink Swann given on Friday, February 2. The firm has “Buy” rating given on Monday, September 11 by RBC Capital Markets. On Monday, June 5 the stock rating was maintained by UBS with “Buy”. The rating was upgraded by Goldman Sachs on Wednesday, June 6 to “Buy”. The rating was maintained by Cowen & Co on Thursday, July 13 with “Buy”. The firm has “Outperform” rating given on Friday, February 10 by RBC Capital Markets. The stock has “Buy” rating by Piper Jaffray on Tuesday, October 31. The firm has “Outperform” rating given on Monday, May 8 by RBC Capital Markets. The stock of Cigna Corporation (NYSE:CI) has “Sector Perform” rating given on Tuesday, August 18 by RBC Capital Markets. Credit Suisse maintained the stock with “Outperform” rating in Monday, March 12 report.

Investors sentiment decreased to 0.83 in Q1 2018. Its down 0.08, from 0.91 in 2017Q4. It dived, as 85 investors sold CI shares while 281 reduced holdings. 105 funds opened positions while 200 raised stakes. 206.15 million shares or 1.00% less from 208.24 million shares in 2017Q4 were reported. Moreover, Hartford Investment Co has 0.15% invested in Cigna Corporation (NYSE:CI). Dimensional Fund Lp reported 0.1% of its portfolio in Cigna Corporation (NYSE:CI). Whittier Trust Communications Of Nevada Inc holds 2,595 shares. Morgan Stanley invested 0.04% of its portfolio in Cigna Corporation (NYSE:CI). Manufacturers Life Communications The holds 0.05% in Cigna Corporation (NYSE:CI) or 262,950 shares. Howland Cap Mngmt Llc has invested 0.03% in Cigna Corporation (NYSE:CI). Twin Cap Mngmt holds 7,778 shares. Washington Trust Comml Bank holds 0.05% in Cigna Corporation (NYSE:CI) or 1,980 shares. Franklin reported 44,803 shares stake. Guinness Asset Management Limited invested in 43 shares or 0% of the stock. Keybank Natl Association Oh holds 0.14% or 143,372 shares. Phocas Fin Corp holds 0.09% or 3,440 shares in its portfolio. Comm Bankshares reported 8,156 shares. Portland Global Advsrs Limited Liability Corporation has invested 0.3% in Cigna Corporation (NYSE:CI). World Asset Management Inc invested 0.13% of its portfolio in Cigna Corporation (NYSE:CI).

Analysts await Cigna Corporation (NYSE:CI) to report earnings on August, 3. They expect $3.56 EPS, up 22.34% or $0.65 from last year’s $2.91 per share. CI’s profit will be $866.02M for 12.49 P/E if the $3.56 EPS becomes a reality. After $4.11 actual EPS reported by Cigna Corporation for the previous quarter, Wall Street now forecasts -13.38% negative EPS growth.

ClearSign Combustion Corporation (NASDAQ:CLIR) Institutional Positions Chart


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Published at Fri, 08 Jun 2018 20:37:30 +0000