Systematic Financial Management LP decreased its stake in CNO Financial Group, Inc. (NYSE:CNO) by 72.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 101,605 shares of the financial services provider’s stock after selling 262,915 shares during the quarter. Systematic Financial Management LP owned about 0.06% of CNO Financial Group worth $2,371,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Thrivent Financial For Lutherans boosted its holdings in CNO Financial Group by 3,275.6% during 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 acquiring an additional 1,060,000 shares during the period. AJO LP lifted its holdings in shares of 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 worth $22,469,000 after buying an additional 864,162 shares during the period. Prudential Financial Inc. lifted its holdings in shares of 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 worth $36,715,000 after buying an additional 592,490 shares during the period. LSV Asset Management lifted its holdings in shares of 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 worth $100,886,000 after buying an additional 492,800 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of 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 worth $77,649,000 after buying an additional 404,552 shares during the period. Hedge funds and other institutional investors own 92.56% of the company’s stock.

Several research analysts have recently commented on CNO shares. BidaskClub raised CNO Financial Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 2nd. Zacks Investment Research lowered CNO Financial Group from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Morgan Stanley lowered CNO Financial Group from an “equal weight” rating to an “underweight” rating and set a $21.00 price target for the company. in a research report on Monday, August 14th. They noted that the move was a valuation call. Goldman Sachs Group Inc began coverage on CNO Financial Group in a research report on Wednesday, October 18th. They issued a “neutral” rating and a $24.00 price target for the company. Finally, Wells Fargo & Company set a $22.00 target price on CNO Financial Group and gave the company a “hold” rating in a research report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $22.25.

Shares of CNO Financial Group, Inc. (NYSE CNO) opened at $24.11 on Friday. CNO Financial Group, Inc. has a one year low of $17.66 and a one year high of $25.07. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $4,000.00, a PE ratio of 15.34, a PEG ratio of 1.48 and a beta of 1.21.

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

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 26th. Shareholders of record on Monday, December 11th will be given a dividend of $0.09 per share. The ex-dividend date is Friday, December 8th. This represents a $0.36 dividend on an annualized basis and a yield of 1.49%. CNO Financial Group’s dividend payout ratio is currently 13.00%.

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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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