Tudor Investment Corp ET AL Buys 91,205 Shares of CNA Financial Corporation $CNA

Tudor Investment Corp ET AL boosted its stake in shares of CNA Financial Corporation (NYSE:CNA) by 125.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 164,121 shares of the insurance provider’s stock after buying an additional 91,205 shares during the quarter. Tudor Investment Corp ET AL’s holdings in CNA Financial were worth $7,625,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Amundi increased its position in CNA Financial by 5.3% during the first quarter. Amundi now owns 7,787 shares of the insurance provider’s stock valued at $395,000 after acquiring an additional 389 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of CNA Financial by 0.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 351,997 shares of the insurance provider’s stock worth $17,878,000 after acquiring an additional 2,466 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of CNA Financial by 12.9% during the 1st quarter. Empowered Funds LLC now owns 5,966 shares of the insurance provider’s stock worth $303,000 after purchasing an additional 684 shares during the period. Focus Partners Wealth purchased a new position in shares of CNA Financial during the 1st quarter worth about $281,000. Finally, Allworth Financial LP grew its holdings in CNA Financial by 102.3% during the 2nd quarter. Allworth Financial LP now owns 785 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 397 shares during the last quarter. 98.45% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Chairman Dino Robusto sold 6,250 shares of CNA Financial stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $47.62, for a total transaction of $297,625.00. Following the completion of the sale, the chairman owned 661,838 shares of the company’s stock, valued at approximately $31,516,725.56. The trade was a 0.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Jeffrey John Neuenschwander sold 3,287 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $45.97, for a total value of $151,103.39. Following the completion of the sale, the senior vice president owned 7,277 shares of the company’s stock, valued at $334,523.69. The trade was a 31.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CNA shares. Zacks Research lowered shares of CNA Financial from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Weiss Ratings upgraded CNA Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Finally, Wall Street Zen cut CNA Financial from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

CNA Financial Stock Up 0.3%

Shares of CNA opened at $45.48 on Tuesday. The firm has a fifty day moving average price of $47.67 and a 200-day moving average price of $46.78. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $12.31 billion, a P/E ratio of 9.70, a P/E/G ratio of 6.57 and a beta of 0.34. CNA Financial Corporation has a 12-month low of $43.29 and a 12-month high of $51.34.

CNA Financial (NYSE:CNA) last posted its quarterly earnings results on Monday, February 9th. The insurance provider reported $1.16 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.04). CNA Financial had a return on equity of 12.23% and a net margin of 8.53%.The company had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $2.88 billion. During the same period in the prior year, the business earned $1.25 EPS. Equities research analysts expect that CNA Financial Corporation will post 4.64 earnings per share for the current year.

CNA Financial Dividend Announcement

The business also recently announced an annual dividend, which was paid on Thursday, March 12th. Stockholders of record on Monday, February 23rd were given a dividend of $2.00 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a dividend yield of 409.0%. CNA Financial’s dividend payout ratio (DPR) is 40.94%.

CNA Financial Company Profile

CNA Financial Corporation is a leading U.S.-based commercial property and casualty insurance company offering a broad portfolio of risk management and insurance solutions. The company underwrites coverage for businesses of all sizes across a variety of industry sectors, including manufacturing, healthcare, energy, technology, construction and real estate. In addition to core property and casualty insurance, CNA delivers specialized products such as surety bonds, professional liability, environmental liability and commercial auto coverage.

Headquartered in Chicago, Illinois, CNA traces its origins to the founding of Continental Casualty Company in 1897.