CNA Financial Co. (NYSE:CNA) Shares Acquired by Cwm LLC

Cwm LLC raised its position in shares of CNA Financial Co. (NYSE:CNA) by 113.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,654 shares of the insurance provider’s stock after purchasing an additional 5,131 shares during the period. Cwm LLC’s holdings in CNA Financial were worth $472,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CNA. GAMMA Investing LLC raised its holdings in shares of CNA Financial by 28.5% during the first quarter. GAMMA Investing LLC now owns 1,144 shares of the insurance provider’s stock valued at $52,000 after buying an additional 254 shares during the last quarter. Fairscale Capital LLC acquired a new stake in CNA Financial in the 2nd quarter valued at approximately $55,000. Abich Financial Wealth Management LLC raised its stake in CNA Financial by 39.1% during the 1st quarter. Abich Financial Wealth Management LLC now owns 1,756 shares of the insurance provider’s stock valued at $80,000 after acquiring an additional 494 shares in the last quarter. Covestor Ltd boosted its position in CNA Financial by 82.0% during the 1st quarter. Covestor Ltd now owns 1,971 shares of the insurance provider’s stock worth $90,000 after acquiring an additional 888 shares during the period. Finally, Whittier Trust Co. bought a new position in shares of CNA Financial in the second quarter worth $92,000. 98.45% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CNA. Keefe, Bruyette & Woods upped their price objective on shares of CNA Financial from $48.00 to $53.00 and gave the stock a “market perform” rating in a report on Thursday, August 1st. Bank of America upped their price target on shares of CNA Financial from $45.00 to $48.00 and gave the stock an “underperform” rating in a research note on Thursday, October 10th.

Insider Buying and Selling at CNA Financial

In other news, EVP Mark Steven James sold 18,547 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $50.58, for a total transaction of $938,107.26. Following the completion of the sale, the executive vice president now directly owns 22,917 shares of the company’s stock, valued at $1,159,141.86. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other CNA Financial news, EVP Mark Steven James sold 18,547 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $50.58, for a total transaction of $938,107.26. Following the completion of the sale, the executive vice president now directly owns 22,917 shares of the company’s stock, valued at approximately $1,159,141.86. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Elizabeth Ann Aguinaga sold 26,160 shares of CNA Financial stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $49.60, for a total transaction of $1,297,536.00. Following the completion of the transaction, the executive vice president now directly owns 47,744 shares in the company, valued at approximately $2,368,102.40. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 49,151 shares of company stock valued at $2,449,311. Corporate insiders own 0.30% of the company’s stock.

CNA Financial Stock Down 0.1 %

CNA opened at $50.70 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.27 and a current ratio of 0.27. The company has a market capitalization of $13.75 billion, a PE ratio of 11.07, a P/E/G ratio of 3.31 and a beta of 0.64. The stock’s fifty day moving average is $49.77 and its 200-day moving average is $46.90. CNA Financial Co. has a one year low of $38.32 and a one year high of $52.36.

CNA Financial (NYSE:CNA) last issued its quarterly earnings results on Monday, July 29th. The insurance provider reported $1.19 EPS for the quarter, hitting the consensus estimate of $1.19. The firm had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.08 billion. CNA Financial had a net margin of 9.27% and a return on equity of 14.02%. During the same period in the previous year, the business earned $1.13 earnings per share. On average, equities analysts predict that CNA Financial Co. will post 4.85 EPS for the current fiscal year.

CNA Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Monday, August 12th were given a $0.44 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.76 annualized dividend and a yield of 3.47%. CNA Financial’s dividend payout ratio (DPR) is 38.43%.

CNA Financial Profile

CNA Financial Corporation provides commercial property and casualty insurance products in the United States and internationally. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity and cyber coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products.