Cyndeo Wealth Partners LLC Buys 13,441 Shares of CNA Financial Corporation (NYSE:CNA)

Cyndeo Wealth Partners LLC boosted its holdings in shares of CNA Financial Corporation (NYSE:CNA - Free Report) by 10.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 145,700 shares of the insurance provider's stock after purchasing an additional 13,441 shares during the period. Cyndeo Wealth Partners LLC owned about 0.05% of CNA Financial worth $7,400,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. GAMMA Investing LLC grew its stake in CNA Financial by 5,501.5% during the first quarter. GAMMA Investing LLC now owns 114,887 shares of the insurance provider's stock worth $5,835,000 after buying an additional 112,836 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in CNA Financial during the 4th quarter worth about $387,000. Bank of New York Mellon Corp grew its holdings in CNA Financial by 66.0% during the 4th quarter. Bank of New York Mellon Corp now owns 1,177,110 shares of the insurance provider's stock worth $56,937,000 after acquiring an additional 468,058 shares during the last quarter. Empowered Funds LLC acquired a new stake in CNA Financial in the 4th quarter valued at about $255,000. Finally, Proficio Capital Partners LLC acquired a new position in shares of CNA Financial during the fourth quarter worth approximately $819,000. Institutional investors own 98.45% of the company's stock.

CNA Financial Trading Up 0.1%

Shares of NYSE CNA traded up $0.04 during mid-day trading on Thursday, hitting $45.07. The company's stock had a trading volume of 451,702 shares, compared to its average volume of 328,619. The company's fifty day simple moving average is $47.54 and its 200-day simple moving average is $48.28. The stock has a market cap of $12.20 billion, a price-to-earnings ratio of 13.74, a price-to-earnings-growth ratio of 5.79 and a beta of 0.53. CNA Financial Corporation has a one year low of $44.09 and a one year high of $52.36. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.27 and a quick ratio of 0.27.

CNA Financial (NYSE:CNA - Get Free Report) last issued its earnings results on Monday, May 5th. The insurance provider reported $1.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.16 by ($0.13). The company had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.68 billion. CNA Financial had a return on equity of 11.99% and a net margin of 6.19%. During the same quarter last year, the business posted $1.30 EPS. On average, sell-side analysts anticipate that CNA Financial Corporation will post 4.64 earnings per share for the current fiscal year.

CNA Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, May 19th were paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 4.08%. The ex-dividend date was Monday, May 19th. CNA Financial's payout ratio is presently 56.10%.

Insiders Place Their Bets

In related news, EVP Mark Steven James sold 5,015 shares of the firm's stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $48.35, for a total value of $242,475.25. Following the completion of the transaction, the executive vice president now owns 27,059 shares of the company's stock, valued at approximately $1,308,302.65. This trade represents a 15.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Dino Robusto sold 6,250 shares of the business's stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $47.63, for a total transaction of $297,687.50. Following the sale, the chairman now directly owns 705,588 shares in the company, valued at $33,607,156.44. This trade represents a 0.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 23,765 shares of company stock worth $1,156,850. Company insiders own 0.30% of the company's stock.

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.