20,000 Shares in CNA Financial Co. (NYSE:CNA) Bought by Blue Capital Inc.

Blue Capital Inc. bought a new stake in shares of CNA Financial Co. (NYSE:CNA - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 20,000 shares of the insurance provider's stock, valued at approximately $967,000.

Several other hedge funds also recently bought and sold shares of the stock. Savant Capital LLC increased its position in CNA Financial by 2.6% during the fourth quarter. Savant Capital LLC now owns 9,139 shares of the insurance provider's stock worth $442,000 after purchasing an additional 230 shares during the last quarter. US Bancorp DE grew its holdings in CNA Financial by 7.4% during the 4th quarter. US Bancorp DE now owns 3,703 shares of the insurance provider's stock worth $179,000 after acquiring an additional 254 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in CNA Financial by 29.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,265 shares of the insurance provider's stock worth $61,000 after buying an additional 286 shares during the last quarter. GAMMA Investing LLC boosted its holdings in CNA Financial by 16.7% in the fourth quarter. GAMMA Investing LLC now owns 2,051 shares of the insurance provider's stock worth $99,000 after purchasing an additional 293 shares during the period. Finally, Commerce Bank lifted its holdings in CNA Financial by 2.6% in the fourth quarter. Commerce Bank now owns 12,856 shares of the insurance provider's stock worth $622,000 after acquiring an additional 320 shares during the last quarter. Hedge funds and other institutional investors own 98.45% of the company's stock.

Analyst Upgrades and Downgrades

CNA has been the topic of a number of research reports. StockNews.com cut CNA Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. Keefe, Bruyette & Woods lowered their price target on shares of CNA Financial from $54.00 to $53.00 and set a "market perform" rating for the company in a research report on Wednesday, February 12th.

Insider Transactions at CNA Financial

In other news, CAO Daniel Paul Franzetti sold 12,991 shares of the company's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $49.06, for a total transaction of $637,338.46. Following the completion of the sale, the chief accounting officer now directly owns 75,612 shares of the company's stock, valued at $3,709,524.72. This represents a 14.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Chairman Dino Robusto sold 6,250 shares of CNA Financial stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $47.61, for a total value of $297,562.50. Following the completion of the transaction, the chairman now directly owns 711,838 shares in the company, valued at $33,890,607.18. This represents a 0.87 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 31,741 shares of company stock valued at $1,559,401. Corporate insiders own 0.30% of the company's stock.

CNA Financial Stock Performance

CNA stock traded up $0.02 on Friday, reaching $48.39. The company's stock had a trading volume of 198,540 shares, compared to its average volume of 326,259. CNA Financial Co. has a 52 week low of $42.85 and a 52 week high of $52.36. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.28 and a quick ratio of 0.28. The company has a market capitalization of $13.07 billion, a P/E ratio of 13.75, a price-to-earnings-growth ratio of 9.23 and a beta of 0.53. The firm has a fifty day moving average of $48.41 and a two-hundred day moving average of $48.61.

CNA Financial (NYSE:CNA - Get Free Report) last released its earnings results on Monday, May 5th. The insurance provider reported $1.03 EPS for the quarter, missing the consensus estimate of $1.16 by ($0.13). The company had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.68 billion. CNA Financial had a net margin of 6.72% and a return on equity of 12.90%. During the same period in the previous year, the business posted $1.30 EPS. As a group, analysts predict that CNA Financial Co. will post 4.64 EPS for the current fiscal year.

CNA Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, May 19th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 3.80%. The ex-dividend date of this dividend is Monday, May 19th. CNA Financial's dividend payout ratio (DPR) is presently 52.27%.

About CNA Financial

CNA Financial Corporation provides commercial property and casualty insurance products in the United States and internationally. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity and cyber coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products.