Cigna (CI) Shares Rose While Ibm Retirement Fund Increased Holding; As Halliburton Co (HAL) Stock Value Declined, Arrowgrass Capital Partners Llp Lowered Its Position

August 26, 2017 - By reb123z

Arrowgrass Capital Partners Llp decreased its stake in Halliburton Co (HAL) by 3.99% based on its latest 2016Q4 regulatory filing with the SEC. Arrowgrass Capital Partners Llp sold 20,806 shares as the company’s stock declined 11.04% while stock markets rallied. The hedge fund held 500,000 shares of the oilfield services and equipment company at the end of 2016Q4, valued at $27.05M, down from 520,806 at the end of the previous reported quarter. Arrowgrass Capital Partners Llp who had been investing in Halliburton Co for a number of months, seems to be less bullish one the $34.19B market cap company. The stock increased 0.57% or $0.22 on August 25, reaching $39.01. About 6.17 million shares traded. Halliburton Company (NYSE:HAL) has risen 19.03% since August 26, 2016 and is uptrending. It has outperformed by 2.33% the S&P500.

Ibm Retirement Fund increased its stake in Cigna Corporation (CI) by 14.65% based on its latest 2016Q4 regulatory filing with the SEC. Ibm Retirement Fund bought 3,515 shares as the company’s stock rose 11.09% with the market. The institutional investor held 27,505 shares of the medical specialities company at the end of 2016Q4, valued at $3.83 million, up from 23,990 at the end of the previous reported quarter. Ibm Retirement Fund who had been investing in Cigna Corporation for a number of months, seems to be bullish on the $45.03B market cap company. The stock decreased 0.25% or $0.45 on August 25, reaching $179.3. About 844,421 shares traded. CIGNA Corporation (NYSE:CI) has risen 23.57% since August 26, 2016 and is uptrending. It has outperformed by 6.87% the S&P500.

Investors sentiment increased to 1.12 in 2016 Q4. Its up 0.24, from 0.88 in 2016Q3. It is positive, as 64 investors sold HAL shares while 301 reduced holdings. 125 funds opened positions while 283 raised stakes. 680.96 million shares or 2.31% more from 665.59 million shares in 2016Q3 were reported. Summit Fincl Wealth Advisors Ltd Liability Company holds 0.34% or 14,080 shares. Henderson Group Inc Public Limited Liability owns 110,072 shares. Cubist Systematic Strategies Limited Company owns 11,619 shares. Virtu Fincl Ltd accumulated 29,701 shares. Intll Ca holds 36,858 shares. Tetrem Cap Mngmt Limited has invested 1.3% in Halliburton Company (NYSE:HAL). Bluecrest Management Limited holds 0.9% or 303,218 shares. Edge Wealth Mgmt Ltd Llc has invested 0.01% in Halliburton Company (NYSE:HAL). Gratry & Limited Liability Corp holds 5,355 shares. Oakbrook owns 0.29% invested in Halliburton Company (NYSE:HAL) for 80,844 shares. Bain Capital Credit Lp stated it has 1.48% of its portfolio in Halliburton Company (NYSE:HAL). Cwm reported 0.09% of its portfolio in Halliburton Company (NYSE:HAL). Wesbanco Bankshares accumulated 27,238 shares or 0.08% of the stock. Brigade Capital Mgmt LP has invested 0.34% of its portfolio in Halliburton Company (NYSE:HAL). Central National Bank Trust holds 1,500 shares or 0.02% of its portfolio.

Arrowgrass Capital Partners Llp, which manages about $14.76 billion and $829.24M US Long portfolio, upped its stake in Anadarko Pete Corp (NYSE:APC) by 60,000 shares to 300,000 shares, valued at $20.92M in 2016Q4, according to the filing. It also increased its holding in Devon Energy Corp New (NYSE:DVN) by 50,000 shares in the quarter, for a total of 295,000 shares, and has risen its stake in General Mtrs Co (NYSE:GM).

Among 37 analysts covering Halliburton Company (NYSE:HAL), 33 have Buy rating, 0 Sell and 4 Hold. Therefore 89% are positive. Halliburton Company had 115 analyst reports since July 21, 2015 according to SRatingsIntel. Howard Weil maintained the shares of HAL in report on Wednesday, June 15 with “Sector Perform” rating. The stock of Halliburton Company (NYSE:HAL) has “Buy” rating given on Monday, October 5 by Citigroup. The firm earned “Buy” rating on Monday, May 9 by Goldman Sachs. Cowen & Co maintained Halliburton Company (NYSE:HAL) on Wednesday, September 9 with “Market Perform” rating. The rating was maintained by Loop Capital with “Buy” on Thursday, October 20. Zacks downgraded the shares of HAL in report on Tuesday, August 11 to “Buy” rating. The stock of Halliburton Company (NYSE:HAL) has “Buy” rating given on Wednesday, October 21 by Citigroup. Argus Research maintained Halliburton Company (NYSE:HAL) rating on Wednesday, July 22. Argus Research has “Buy” rating and $56 target. KeyBanc Capital Markets upgraded the stock to “Overweight” rating in Tuesday, January 5 report. The rating was maintained by Evercore on Saturday, August 22 with “Buy”.

More notable recent Halliburton Company (NYSE:HAL) news were published by: Worldoil.com which released: “Halliburton resolves investigations into Angola, Iraq operations violations” on July 27, 2017, also Seekingalpha.com with their article: “Tap The Brakes On Halliburton” published on August 15, 2017, Nasdaq.com published: “Halliburton (HAL) Down 14.7% Since Earnings Report: Can It Rebound? (revised)” on August 24, 2017. More interesting news about Halliburton Company (NYSE:HAL) were released by: Bloomberg.com and their article: “Venezuela’s IOUs Pile Up, Keeping US Oil Servicers in Tow” published on August 23, 2017 as well as Reuters.com‘s news article titled: “Halliburton to pay $29.2 million to settle US charges tied to Angola” with publication date: July 27, 2017.

Since February 27, 2017, it had 1 insider buy, and 2 selling transactions for $295,946 activity. $370,608 worth of Halliburton Company (NYSE:HAL) shares were bought by Albrecht William E. Miller Jeffrey Allen sold $36,453 worth of Halliburton Company (NYSE:HAL) on Wednesday, April 5. $4.76M worth of Halliburton Company (NYSE:HAL) was sold by MCCOLLUM MARK A on Monday, February 27.

Investors sentiment increased to 0.86 in Q4 2016. Its up 0.10, from 0.76 in 2016Q3. It is positive, as 53 investors sold CI shares while 249 reduced holdings. 73 funds opened positions while 187 raised stakes. 216.73 million shares or 1.90% more from 212.68 million shares in 2016Q3 were reported. Earnest Prtnrs Ltd invested in 117 shares or 0% of the stock. Legal And General Gp Public Ltd Com has 1.23M shares for 0.15% of their portfolio. Fukoku Mutual Life Ins accumulated 1,300 shares or 0.03% of the stock. Allstate invested 0.22% of its portfolio in CIGNA Corporation (NYSE:CI). Nomura invested in 39,910 shares or 0.01% of the stock. Parallax Volatility Advisers Ltd Partnership holds 0% or 5,016 shares in its portfolio. Daiwa Inc holds 0.01% in CIGNA Corporation (NYSE:CI) or 6,700 shares. Qci Asset has invested 0% in CIGNA Corporation (NYSE:CI). Moreover, Millennium Mgmt Limited Liability Company has 0.1% invested in CIGNA Corporation (NYSE:CI) for 374,533 shares. Moreover, First Republic Invest Mngmt Inc has 0.01% invested in CIGNA Corporation (NYSE:CI) for 10,391 shares. Welch & Forbes Lc reported 16,436 shares. Marshall Wace Llp accumulated 0.75% or 858,278 shares. Mutual Of America Capital Mngmt Limited Com owns 36,448 shares or 0.09% of their US portfolio. Employees Retirement Association Of Colorado has invested 0.05% in CIGNA Corporation (NYSE:CI). Liberty Mutual Grp Incorporated Asset Mngmt stated it has 0.09% of its portfolio in CIGNA Corporation (NYSE:CI).

More news for CIGNA Corporation (NYSE:CI) were recently published by: Nasdaq.com, which released: “3 Reasons Why Cigna Corporation (CI) Is Poised To Beat Earnings” on August 03, 2017. Nasdaq.com‘s article titled: “Should You Buy Cigna Corporation (CI) Ahead of Earnings?” and published on August 02, 2017 is yet another important article.

Since February 27, 2017, it had 0 insider buys, and 11 sales for $8.57 million activity. On Wednesday, May 31 the insider Hoeltzel Mary T sold $460,313. Cordani David sold 43,637 shares worth $6.45M. The insider Jones Nicole S sold 20,312 shares worth $3.25 million. Shares for $654,155 were sold by McCarthy Thomas A. On Monday, February 27 the insider Manders Matthew G sold $1.22 million. Shares for $1.85M were sold by Bacus Lisa R.

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