Meeder Asset Management Inc. cut its position in shares of Cna Financial Corp (NYSE:CNA) by 24.2% in the fourth quarter, HoldingsChannel reports. The firm owned 27,839 shares of the insurance provider’s stock after selling 8,874 shares during the period. Meeder Asset Management Inc.’s holdings in Cna Financial were worth $1,476,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Victory Capital Management Inc. raised its position in Cna Financial by 11.0% during the 4th quarter. Victory Capital Management Inc. now owns 201,581 shares of the insurance provider’s stock valued at $10,694,000 after purchasing an additional 20,042 shares in the last quarter. Chicago Equity Partners LLC bought a new stake in Cna Financial during the 4th quarter valued at $319,000. Robeco Institutional Asset Management B.V. raised its position in Cna Financial by 9.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,238,042 shares of the insurance provider’s stock valued at $65,681,000 after purchasing an additional 111,646 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in Cna Financial during the 4th quarter valued at $3,617,000. Finally, Denali Advisors LLC raised its position in Cna Financial by 23.7% during the 4th quarter. Denali Advisors LLC now owns 219,900 shares of the insurance provider’s stock valued at $11,666,000 after purchasing an additional 42,200 shares in the last quarter. 99.82% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have weighed in on the company. Zacks Investment Research raised Cna Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. ValuEngine lowered Cna Financial from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $55.00 target price on shares of Cna Financial in a research report on Wednesday, November 1st. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $53.33.

Cna Financial Corp (NYSE CNA) opened at $50.06 on Wednesday. The company has a market capitalization of $13,626.64, a price-to-earnings ratio of 15.95, a PEG ratio of 2.67 and a beta of 1.23. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.23 and a quick ratio of 0.23. Cna Financial Corp has a 1 year low of $40.76 and a 1 year high of $55.62.

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Cna Financial Company Profile

CNA Financial Corporation is an insurance holding company. The Company’s segments include Specialty, Commercial, International, Life & Group Non-Core, and Corporate & Other Non-Core. Its Specialty segment provides a range of professional, financial, and specialty property, and casualty products and services.

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Institutional Ownership by Quarter for Cna Financial (NYSE:CNA)

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