Market News

Tarbox Group Has Lifted Realty Income (O) Stake by $1.09 Million; Northpointe Capital Has Upped Holding in Cigna (CI)

Realty Income Corporation (NYSE:O) Logo

Northpointe Capital Llc increased its stake in Cigna Corporation (CI) by 49.7% based on its latest 2018Q1 regulatory filing with the SEC. Northpointe Capital Llc bought 8,331 shares as the company’s stock declined 10.20% with the market. The institutional investor held 25,093 shares of the medical specialities company at the end of 2018Q1, valued at $4.21 million, up from 16,762 at the end of the previous reported quarter. Northpointe Capital Llc who had been investing in Cigna Corporation for a number of months, seems to be bullish on the $42.58 billion market cap company. The stock decreased 0.16% or $0.28 during the last trading session, reaching $175.05. About 3.59 million shares traded or 64.31% up from the average. Cigna Corporation (NYSE:CI) has risen 8.82% since June 18, 2017 and is uptrending. It has underperformed by 3.75% the S&P500. Some Historical CI News: 01/05/2018 – Young Americans are the loneliest, surprising study from Cigna shows; 29/05/2018 – AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD ANZ.AX – AGREED TO SELL ONEPATH LIFE NZ LIMITED FOR NZ$700 MLN TO CIGNA CORPORATION; 09/03/2018 – Express Scripts: Cigna Entered Commitment for $26.7B Bridge Loan Facility for Deal Financing; 29/03/2018 – ESRX/CIGNA DEAL `HIGHLY PROBABLE,’ CREDIT SUISSE; 08/03/2018 – CIGNA CEO SAYS `HIGHLY CONFIDENT’ DEAL GETS REGULATORY APPROVAL; 29/05/2018 – ANZ Says Sale Includes 20-Year Strategic Alliance with Cigna; 02/05/2018 – Veritas Asset Buys New 1% Position in Cigna; 16/05/2018 – CIGNA: NO FIRM EXPRESSED INTEREST IN BUYING IT POST-ANTHEM DEAL; 08/03/2018 – NCPA Statement on Cigna’s Bid to Acquire Express Scripts; 13/03/2018 – Cigna Enters Voice Control Space, Launching “Answers by Cigna” Skill for Amazon Alexa

Tarbox Group Inc increased its stake in Realty Income Corp (O) by 18.86% based on its latest 2018Q1 regulatory filing with the SEC. Tarbox Group Inc bought 21,318 shares as the company’s stock rose 4.43% while stock markets declined. The institutional investor held 134,349 shares of the real estate investment trusts company at the end of 2018Q1, valued at $6.95M, up from 113,031 at the end of the previous reported quarter. Tarbox Group Inc who had been investing in Realty Income Corp for a number of months, seems to be bullish on the $15.10 billion market cap company. The stock decreased 0.04% or $0.02 during the last trading session, reaching $52.97. About 2.93M shares traded or 69.74% up from the average. Realty Income Corporation (NYSE:O) has declined 4.19% since June 18, 2017 and is downtrending. It has underperformed by 16.76% the S&P500. Some Historical O News: 08/05/2018 – Realty Income Reiterates 2018 AFFO Per Share Guidance of $3.14 – $3.20; 27/03/2018 – LAUNCH: Realty Income Corp $500m 7Y +125; 08/05/2018 – Realty Income 1Q EPS 29c; 08/05/2018 – Realty Income Sees 2018 EPS $1.21-EPS $1.29; 08/05/2018 – REALTY INCOME CORP O.N SEES FY 2018 FFO SHR $3.11 TO $3.19; 03/05/2018 – Realty Income Names Neil Abraham Chief Strategy Officer And Mark E. Hagan Chief Investment Officer; 08/05/2018 – REALTY INCOME REAFFIRMS FORECAST FOR 2018 AFFO/SHR; 08/05/2018 – REALTY INCOME CORP – FFO PER SHARE FOR QUARTER ENDED MARCH 31, 2018 INCREASED WAS $0.79; 08/05/2018 – Realty Income 1Q FFO Was $224.9 M; 08/05/2018 – Realty Income 1Q Rev $318.3M

Among 17 analysts covering Realty Income (NYSE:O), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Realty Income had 39 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Realty Income Corporation (NYSE:O) has “Buy” rating given on Tuesday, September 8 by Stifel Nicolaus. The firm earned “Sell” rating on Monday, October 31 by Wunderlich. The stock of Realty Income Corporation (NYSE:O) has “Neutral” rating given on Monday, December 5 by Bank of America. Zacks downgraded the stock to “Buy” rating in Thursday, August 27 report. Zacks downgraded Realty Income Corporation (NYSE:O) on Thursday, August 20 to “Buy” rating. Morgan Stanley maintained the shares of O in report on Monday, July 17 with “Overweight” rating. The rating was maintained by Robert W. Baird with “Hold” on Thursday, February 22. The rating was maintained by FBR Capital with “Hold” on Thursday, February 22. The stock of Realty Income Corporation (NYSE:O) has “Neutral” rating given on Friday, October 14 by Mizuho. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, December 30.

More notable recent Realty Income Corporation (NYSE:O) news were published by: Seekingalpha.com which released: “Is Vector Group Dividend For Real?” on June 18, 2018, also Seekingalpha.com with their article: “Realty Income Corporation: Is Your Passive Income Still Safe?” published on June 15, 2018, Seekingalpha.com published: “Good Things Are In Store For STORE Capital” on June 07, 2018. More interesting news about Realty Income Corporation (NYSE:O) were released by: Seekingalpha.com and their article: “Solid Income In Good And Bad Times” published on June 07, 2018 as well as Seekingalpha.com‘s news article titled: “Realty Income: Bear Hunting” with publication date: May 29, 2018.

Tarbox Group Inc, which manages about $405.22M and $258.84 million US Long portfolio, decreased its stake in Abbvie Inc Com (NYSE:ABBV) by 7,066 shares to 47,781 shares, valued at $4.52 million in 2018Q1, according to the filing.

Investors sentiment decreased to 0.99 in Q1 2018. Its down 0.19, from 1.18 in 2017Q4. It turned negative, as 57 investors sold O shares while 172 reduced holdings. 56 funds opened positions while 171 raised stakes. 191.41 million shares or 0.96% less from 193.26 million shares in 2017Q4 were reported. First Interstate Bank & Trust, Montana-based fund reported 300 shares. Landscape Capital Mgmt Limited Liability accumulated 8,800 shares or 0.03% of the stock. Anchor Capital Advsrs Limited Co, Massachusetts-based fund reported 4,530 shares. North Star Inv Management has invested 0.03% of its portfolio in Realty Income Corporation (NYSE:O). Tobam reported 661 shares or 0% of all its holdings. 32,818 are held by Sigma Planning Corporation. Kcm Inv Limited Liability Corporation has 0.64% invested in Realty Income Corporation (NYSE:O). Finemark Savings Bank Tru invested 0.02% of its portfolio in Realty Income Corporation (NYSE:O). Td Asset Mngmt invested in 83,221 shares or 0.01% of the stock. First Tru Advisors Limited Partnership reported 473,245 shares or 0.06% of all its holdings. Counselors invested 0.01% of its portfolio in Realty Income Corporation (NYSE:O). British Columbia Invest Management has 105,909 shares for 0.04% of their portfolio. Hartford Invest Mngmt owns 82,562 shares or 0.09% of their US portfolio. Hamel Associate reported 4,000 shares or 0.01% of all its holdings. 3.33 million are owned by Geode Management Ltd Llc.

Since March 6, 2018, it had 0 insider purchases, and 2 selling transactions for $324,888 activity. 4,000 Realty Income Corporation (NYSE:O) shares with value of $210,200 were sold by ALLEN KATHLEEN.

Northpointe Capital Llc, which manages about $1.18 billion and $799.08 million US Long portfolio, decreased its stake in Matador Res Co (NYSE:MTDR) by 148,822 shares to 213,501 shares, valued at $6.39M in 2018Q1, according to the filing. It also reduced its holding in Halyard Health Inc by 11,837 shares in the quarter, leaving it with 99,983 shares, and cut its stake in Medequities Rlty Tr Inc.

Investors sentiment decreased to 0.83 in 2018 Q1. Its down 0.08, from 0.91 in 2017Q4. It fall, 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. Thrivent For Lutherans holds 31,884 shares. North Carolina-based Bb&T Corp has invested 0.01% in Cigna Corporation (NYSE:CI). Earnest Prtnrs Lc, Georgia-based fund reported 117 shares. Levin Capital Strategies Lp holds 0.93% or 303,878 shares. Victory Capital accumulated 57,940 shares or 0.02% of the stock. The Massachusetts-based Alpha Windward Ltd Liability Co has invested 0.02% in Cigna Corporation (NYSE:CI). Commonwealth Of Pennsylvania School Empls Retrmt has 0% invested in Cigna Corporation (NYSE:CI) for 1,733 shares. Cypress Capital Grp stated it has 3,382 shares or 0.12% of all its holdings. Kanawha Mgmt Limited Liability Company holds 0.12% of its portfolio in Cigna Corporation (NYSE:CI) for 4,866 shares. Moreover, Massmutual Trust Fsb Adv has 0% invested in Cigna Corporation (NYSE:CI). Walleye Trading Ltd Liability Company has 9,396 shares. 21,918 are owned by Symphony Asset Ltd. Suntrust Banks Inc invested in 0.21% or 191,235 shares. Motco has 0.01% invested in Cigna Corporation (NYSE:CI). Great West Life Assurance Can owns 328,293 shares.

Since January 10, 2018, it had 0 insider buys, and 10 selling transactions for $17.43 million activity. 6,099 shares valued at $1.34M were sold by MURABITO JOHN M on Thursday, January 18. Another trade for 229 shares valued at $37,890 was sold by ZOLLARS WILLIAM D. The insider Jones Nicole S sold 5,856 shares worth $1.12M. On Friday, March 2 Hocevar Christopher J sold $529,287 worth of Cigna Corporation (NYSE:CI) or 2,759 shares. $1.29 million worth of Cigna Corporation (NYSE:CI) was sold by ZARCONE DONNA F on Tuesday, January 16. Another trade for 36,769 shares valued at $7.05M was made by Cordani David on Friday, March 2.

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. UBS maintained Cigna Corporation (NYSE:CI) on Monday, June 5 with “Buy” rating. RBC Capital Markets maintained Cigna Corporation (NYSE:CI) rating on Monday, September 11. RBC Capital Markets has “Buy” rating and $185.0 target. Citigroup maintained it with “Buy” rating and $231 target in Friday, November 3 report. Jefferies maintained Cigna Corporation (NYSE:CI) on Friday, August 4 with “Buy” rating. The firm earned “Buy” rating on Thursday, July 13 by Deutsche Bank. The stock has “Buy” rating by Piper Jaffray on Sunday, August 6. The company was maintained on Monday, March 26 by Jefferies. The stock of Cigna Corporation (NYSE:CI) earned “Sector Perform” rating by RBC Capital Markets on Monday, November 9. The rating was maintained by Citigroup with “Buy” on Monday, August 7. The rating was initiated by Goldman Sachs on Wednesday, January 3 with “Hold”.

More notable recent Cigna Corporation (NYSE:CI) news were published by: Seekingalpha.com which released: “Headlines Don’t Determine Stock Prices – Cramer’s Mad Money (6/12/18)” on June 13, 2018, also Bizjournals.com with their article: “WellCare CEO steps into national spotlight” published on June 15, 2018, Benzinga.com published: “Cigna Set To Disrupt Commercial Risk Market, Goldman Sachs Says In Upgrade” on June 06, 2018. More interesting news about Cigna Corporation (NYSE:CI) were released by: Nasdaq.com and their article: “5 Insurers in Focus as Fed Hikes Rate, Raises Economic View” published on June 14, 2018 as well as Fool.com‘s news article titled: “3 Big Implications of the AT&T-Time Warner Decision” with publication date: June 13, 2018.

Realty Income Corporation (NYSE:O) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *