As Heritage Finl Wash (HFWA) Shares Declined, Holder Renaissance Technologies Has Cut Its Stake by $570,330; Oregon Public Employees Retirement Fund Continues to Hold Position in Cigna (CI)

May 18, 2018 - By Ellis Scott

Cigna Corporation (NYSE:CI) Logo

Oregon Public Employees Retirement Fund increased its stake in Cigna Corp (CI) by 55.49% based on its latest 2017Q4 regulatory filing with the SEC. Oregon Public Employees Retirement Fund bought 40,525 shares as the company’s stock declined 18.61% with the market. The institutional investor held 113,553 shares of the medical specialities company at the end of 2017Q4, valued at $23.06 million, up from 73,028 at the end of the previous reported quarter. Oregon Public Employees Retirement Fund who had been investing in Cigna Corp for a number of months, seems to be bullish on the $43.46B market cap company. The stock decreased 0.14% or $0.25 during the last trading session, reaching $178.66. About 115,826 shares traded. Cigna Corporation (NYSE:CI) has risen 13.35% since May 18, 2017 and is uptrending. It has outperformed by 1.80% the S&P500.




Jim Simons decreased its stake in Heritage Finl Corp Wash (HFWA) by 16.29% based on its latest 2017Q4 regulatory filing with the SEC. Renaissance Technologies Llc sold 19,011 shares as the company’s stock declined 5.00% with the market. The hedge fund run by Jim Simons held 97,689 shares of the banks company at the end of 2017Q4, valued at $3.01 million, down from 116,700 at the end of the previous reported quarter. Renaissance Technologies Llc who had been investing in Heritage Finl Corp Wash for a number of months, seems to be less bullish one the $1.09B market cap company. The stock decreased 0.16% or $0.05 during the last trading session, reaching $32.15. About 23,121 shares traded. Heritage Financial Corporation (NASDAQ:HFWA) has risen 30.89% since May 18, 2017 and is uptrending. It has outperformed by 19.34% the S&P500.

Renaissance Technologies Llc, which manages about $63.99B and $90.70 billion US Long portfolio, upped its stake in Alliance Res Partner LP (NASDAQ:ARLP) by 73,077 shares to 252,267 shares, valued at $4.97 million in 2017Q4, according to the filing. It also increased its holding in Townsquare Media Inc (NYSE:TSQ) by 61,401 shares in the quarter, for a total of 428,700 shares, and has risen its stake in Carolina Finl Corp New (NASDAQ:CARO).

Analysts await Heritage Financial Corporation (NASDAQ:HFWA) to report earnings on July, 25. They expect $0.44 EPS, up 12.82% or $0.05 from last year’s $0.39 per share. HFWA’s profit will be $14.93 million for 18.27 P/E if the $0.44 EPS becomes a reality. After $0.41 actual EPS reported by Heritage Financial Corporation for the previous quarter, Wall Street now forecasts 7.32% EPS growth.

Investors sentiment decreased to 1.25 in Q4 2017. Its down 0.07, from 1.32 in 2017Q3. It dropped, as 11 investors sold HFWA shares while 41 reduced holdings. 20 funds opened positions while 45 raised stakes. 23.54 million shares or 2.62% more from 22.94 million shares in 2017Q3 were reported. Shell Asset Mgmt owns 42,348 shares or 0.03% of their US portfolio. Schwab Charles Investment Mngmt, a California-based fund reported 133,468 shares. Northwestern Mutual Wealth Mgmt has invested 0% in Heritage Financial Corporation (NASDAQ:HFWA). Panagora Asset has 166,474 shares for 0.02% of their portfolio. First Trust Advisors Lp accumulated 36,190 shares. Tower Cap Ltd (Trc) reported 2,464 shares stake. Kennedy Mgmt holds 0.08% or 146,332 shares in its portfolio. Thomson Horstmann & Bryant reported 1.89% of its portfolio in Heritage Financial Corporation (NASDAQ:HFWA). Tradewinds Cap Ltd Liability Com reported 0.01% of its portfolio in Heritage Financial Corporation (NASDAQ:HFWA). American Group Inc holds 19,831 shares or 0% of its portfolio. Savings Bank Of America Corporation De stated it has 0% in Heritage Financial Corporation (NASDAQ:HFWA). Badgley Phelps And Bell Incorporated holds 14,247 shares or 0.03% of its portfolio. Aqr Mngmt Ltd holds 137,669 shares or 0% of its portfolio. Jpmorgan Chase holds 510,172 shares. 740,098 were accumulated by Manufacturers Life Ins The.

Since April 30, 2018, it had 0 insider buys, and 1 insider sale for $44,781 activity.

Among 7 analysts covering Heritage Financial (NASDAQ:HFWA), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Heritage Financial had 14 analyst reports since September 28, 2015 according to SRatingsIntel. Keefe Bruyette & Woods downgraded Heritage Financial Corporation (NASDAQ:HFWA) rating on Friday, October 23. Keefe Bruyette & Woods has “Market Perform” rating and $20 target. The company was maintained on Thursday, June 1 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the shares of HFWA in report on Thursday, December 21 with “Hold” rating. The stock of Heritage Financial Corporation (NASDAQ:HFWA) has “Mkt Perform” rating given on Monday, October 5 by Raymond James. The company was maintained on Friday, January 26 by Sandler O’Neill. The stock of Heritage Financial Corporation (NASDAQ:HFWA) earned “Buy” rating by DA Davidson on Tuesday, November 7. The firm has “Outperform” rating given on Monday, March 12 by Wood. The rating was upgraded by Keefe Bruyette & Woods on Monday, March 12 to “Buy”. The firm has “Hold” rating by Piper Jaffray given on Thursday, October 5. The company was maintained on Monday, August 14 by Piper Jaffray.

More news for Heritage Financial Corporation (NASDAQ:HFWA) were recently published by: Nasdaq.com, which released: “Analysis: Positioning to Benefit within Zebra Technologies, Deluxe, Veeco Instruments, Wingstop, Superior Industries …” on April 25, 2018. Seekingalpha.com‘s article titled: “Heritage Financial’s (HFWA) CEO Brian Vance on Q1 2018 Results – Earnings Call Transcript” and published on April 28, 2018 is yet another important article.

Among 22 analysts covering CIGNA (NYSE:CI), 18 have Buy rating, 0 Sell and 4 Hold. Therefore 82% are positive. CIGNA had 66 analyst reports since July 27, 2015 according to SRatingsIntel. RBC Capital Markets maintained Cigna Corporation (NYSE:CI) rating on Monday, September 11. RBC Capital Markets has “Buy” rating and $185.0 target. As per Wednesday, June 7, the company rating was initiated by Morgan Stanley. Credit Suisse maintained Cigna Corporation (NYSE:CI) on Monday, March 12 with “Outperform” rating. The firm has “Buy” rating by Oppenheimer given on Thursday, June 15. The stock of Cigna Corporation (NYSE:CI) earned “Buy” rating by Citigroup on Friday, October 2. Piper Jaffray maintained the shares of CI in report on Tuesday, October 31 with “Buy” rating. Morgan Stanley maintained Cigna Corporation (NYSE:CI) rating on Thursday, August 17. Morgan Stanley has “Overweight” rating and $195 target. The stock of Cigna Corporation (NYSE:CI) earned “Buy” rating by RBC Capital Markets on Sunday, July 23. The company was downgraded on Wednesday, August 5 by Zacks. The firm has “Buy” rating given on Monday, June 5 by UBS.

Oregon Public Employees Retirement Fund, which manages about $6.64 billion US Long portfolio, decreased its stake in Micron Technology Inc (NASDAQ:MU) by 63,711 shares to 642,618 shares, valued at $26.42M in 2017Q4, according to the filing. It also reduced its holding in Adobe Systems Inc (NASDAQ:ADBE) by 2,443 shares in the quarter, leaving it with 136,062 shares, and cut its stake in Bed Bath Beyond Inc (NASDAQ:BBBY).

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.05, from 0.96 in 2017Q3. It is negative, 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. Artisan Partners LP owns 1.84M shares for 0.71% of their portfolio. Financial Bank Of The West invested in 10,146 shares or 0.26% of the stock. 29,000 were reported by Bp Public Ltd Liability Com. Perigon Wealth Management Ltd Liability Company reported 0.01% of its portfolio in Cigna Corporation (NYSE:CI). 167,993 were reported by Aviva Public Limited Liability Corporation. Moreover, Zacks Invest Management has 0.01% invested in Cigna Corporation (NYSE:CI). Parkwood Ltd has 1,059 shares for 0.03% of their portfolio. Prudential Public has 0.59% invested in Cigna Corporation (NYSE:CI). Oakbrook Investments Ltd reported 15,753 shares or 0.2% of all its holdings. Kcm Invest Advsrs Limited Liability Company holds 0.02% of its portfolio in Cigna Corporation (NYSE:CI) for 1,443 shares. Oakworth Capital reported 0% of its portfolio in Cigna Corporation (NYSE:CI). Systematic Fin Management Ltd Partnership accumulated 9,478 shares. United Asset Strategies stated it has 2,070 shares. Notis holds 0.24% or 2,050 shares in its portfolio. Invesco Limited has 0.07% invested in Cigna Corporation (NYSE:CI).

Cigna Corporation (NYSE:CI) Institutional Positions Chart

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