CNA Financial Co. (NYSE:CNA) Shares Bought by Blue Trust Inc.

Blue Trust Inc. grew its position in shares of CNA Financial Co. (NYSE:CNA) by 95.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,089 shares of the insurance provider’s stock after acquiring an additional 3,454 shares during the quarter. Blue Trust Inc.’s holdings in CNA Financial were worth $347,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of CNA. True Wealth Design LLC acquired a new position in shares of CNA Financial during the third quarter valued at $36,000. GAMMA Investing LLC grew its position in CNA Financial by 16.7% in the 4th quarter. GAMMA Investing LLC now owns 2,051 shares of the insurance provider’s stock valued at $99,000 after buying an additional 293 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in CNA Financial during the 3rd quarter valued at about $146,000. US Bancorp DE raised its position in shares of CNA Financial by 26.6% during the 3rd quarter. US Bancorp DE now owns 3,449 shares of the insurance provider’s stock worth $169,000 after buying an additional 725 shares in the last quarter. Finally, Merit Financial Group LLC acquired a new stake in shares of CNA Financial in the 4th quarter worth approximately $208,000. Institutional investors own 98.45% of the company’s stock.

Insider Transactions at CNA Financial

In other CNA Financial news, EVP Douglas Worman sold 22,973 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $48.75, for a total value of $1,119,933.75. Following the transaction, the executive vice president now directly owns 133,777 shares of the company’s stock, valued at $6,521,628.75. This represents a 14.66 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

CNA has been the topic of several recent analyst reports. StockNews.com raised CNA Financial from a “hold” rating to a “buy” rating in a report on Wednesday, November 13th. Keefe, Bruyette & Woods dropped their price objective on CNA Financial from $55.00 to $54.00 and set a “market perform” rating on the stock in a research note on Friday, January 10th. Finally, Bank of America lifted their target price on CNA Financial from $45.00 to $48.00 and gave the stock an “underperform” rating in a report on Thursday, October 10th.

CNA Financial Stock Performance

CNA opened at $49.01 on Friday. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.28. The firm has a market cap of $13.27 billion, a PE ratio of 10.21 and a beta of 0.67. The business has a fifty day simple moving average of $48.66 and a 200-day simple moving average of $49.03. CNA Financial Co. has a fifty-two week low of $42.33 and a fifty-two week high of $52.36.

CNA Financial (NYSE:CNA) last announced its earnings results on Monday, November 4th. The insurance provider reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.01. CNA Financial had a net margin of 9.26% and a return on equity of 13.30%. The company had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.15 billion. During the same period in the previous year, the business earned $1.06 EPS. As a group, equities analysts predict that CNA Financial Co. will post 4.68 EPS for the current fiscal year.

CNA Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 3.59%. The ex-dividend date was Monday, November 18th. CNA Financial’s dividend payout ratio is currently 36.67%.

About CNA Financial

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.