Piedmont Investment Advisors LLC trimmed its position in shares of CNO Financial Group Inc (NYSE:CNO) by 30.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 84,878 shares of the financial services provider’s stock after selling 36,885 shares during the period. Piedmont Investment Advisors LLC owned approximately 0.05% of CNO Financial Group worth $1,981,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Thrivent Financial For Lutherans boosted its position in CNO Financial Group by 3,275.6% in the 2nd quarter. Thrivent Financial For Lutherans now owns 1,092,360 shares of the financial services provider’s stock valued at $22,809,000 after buying an additional 1,060,000 shares during the last quarter. AJO LP boosted its position in CNO Financial Group by 407.7% in the 2nd quarter. AJO LP now owns 1,076,120 shares of the financial services provider’s stock valued at $22,469,000 after buying an additional 864,162 shares during the last quarter. Prudential Financial Inc. boosted its position in CNO Financial Group by 50.8% in the 2nd quarter. Prudential Financial Inc. now owns 1,758,374 shares of the financial services provider’s stock valued at $36,715,000 after buying an additional 592,490 shares during the last quarter. LSV Asset Management boosted its position in CNO Financial Group by 11.4% in the 2nd quarter. LSV Asset Management now owns 4,831,708 shares of the financial services provider’s stock valued at $100,886,000 after buying an additional 492,800 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in CNO Financial Group by 12.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,719,068 shares of the financial services provider’s stock valued at $77,649,000 after buying an additional 404,552 shares during the last quarter. Institutional investors and hedge funds own 95.57% of the company’s stock.

Shares of CNO Financial Group Inc (NYSE CNO) traded down $0.47 during mid-day trading on Friday, hitting $24.26. 1,133,600 shares of the stock traded hands, compared to its average volume of 1,079,249. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.52. CNO Financial Group Inc has a twelve month low of $18.53 and a twelve month high of $25.83. The company has a market capitalization of $4,148.76, a PE ratio of 15.55, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20.

CNO Financial Group (NYSE:CNO) last issued its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.45 EPS for the quarter, topping the 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 business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter last year, the company posted $0.37 earnings per share. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. equities research analysts expect that CNO Financial Group Inc will post 1.65 earnings per share for the current fiscal year.

The business also recently declared 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. The ex-dividend date of this dividend is Friday, December 8th. This represents a $0.36 annualized dividend and a dividend yield of 1.48%. CNO Financial Group’s payout ratio is 13.00%.

CNO has been the subject of a number of analyst reports. Wells Fargo & Company set a $22.00 price objective on shares of CNO Financial Group and gave the company a “hold” rating in a research report on Wednesday, October 25th. B. Riley reissued a “buy” rating on shares of CNO Financial Group in a research report on Monday, November 6th. Zacks Investment Research cut shares of CNO Financial Group from a “buy” rating to a “hold” rating in a research report on Monday, October 9th. Finally, Goldman Sachs Group initiated coverage on shares of CNO Financial Group in a research report on Wednesday, October 18th. They issued a “neutral” rating and a $24.00 price objective for the company. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $22.25.

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CNO Financial Group Company 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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