Vident Investment Advisory LLC raised its position in shares of CNO Financial Group, Inc. (NYSE:CNO) by 8.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 117,803 shares of the financial services provider’s stock after acquiring an additional 9,051 shares during the quarter. Vident Investment Advisory LLC owned about 0.07% of CNO Financial Group worth $2,750,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of CNO Financial Group by 9.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,976 shares of the financial services provider’s stock valued at $146,000 after purchasing an additional 622 shares during the period. Riverhead Capital Management LLC raised its holdings in shares of CNO Financial Group by 71.3% during the second quarter. Riverhead Capital Management LLC now owns 9,252 shares of the financial services provider’s stock valued at $193,000 after purchasing an additional 3,852 shares during the period. Trexquant Investment LP acquired a new stake in shares of CNO Financial Group in the 2nd quarter worth about $202,000. Zweig DiMenna Associates LLC acquired a new stake in shares of CNO Financial Group in the 2nd quarter worth about $280,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of CNO Financial Group in the 2nd quarter worth about $282,000. 95.57% of the stock is currently owned by institutional investors and hedge funds.

CNO has been the topic of a number of analyst reports. B. Riley restated a “buy” rating on shares of CNO Financial Group in a report on Monday, November 6th. Wells Fargo & Company set a $22.00 target price on shares of CNO Financial Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. Morgan Stanley lowered shares of CNO Financial Group from an “equal weight” rating to an “underweight” rating and set a $21.00 target price on the stock. in a report on Monday, August 14th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of CNO Financial Group from a “buy” rating to a “hold” rating in a report on Monday, October 9th. Finally, Goldman Sachs Group initiated coverage on shares of CNO Financial Group in a report on Wednesday, October 18th. They issued a “neutral” rating and a $24.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $22.25.

Shares of CNO Financial Group, Inc. (NYSE CNO) opened at $25.48 on Tuesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.16 and a quick ratio of 0.16. The company has a market cap of $4,270.00, a PE ratio of 15.98, a price-to-earnings-growth ratio of 1.54 and a beta of 1.20. CNO Financial Group, Inc. has a one year low of $18.53 and a one year high of $25.83.

CNO Financial Group (NYSE:CNO) last released its earnings results on Wednesday, October 25th. The financial services provider reported $0.45 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.06. CNO Financial Group had a net margin of 11.41% and a return on equity of 5.88%. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1 billion. During the same period in the prior year, the firm earned $0.37 EPS. The company’s revenue was up 6.2% compared to the same quarter last year. equities research analysts forecast that CNO Financial Group, Inc. will post 1.65 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 26th. Stockholders of record on Monday, December 11th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date is Friday, December 8th. CNO Financial Group’s dividend payout ratio is currently 13.00%.

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CNO Financial Group Profile

CNO Financial Group, Inc is a holding company for a group of insurance companies operating throughout the United States that develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. The Company’s segments include Bankers Life, Washington National and Colonial Penn.

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Institutional Ownership by Quarter for CNO Financial Group (NYSE:CNO)

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