CNA Financial Co. (NYSE:CNA) Shares Acquired by Deutsche Bank AG

Deutsche Bank AG lifted its position in shares of CNA Financial Co. (NYSE:CNA - Free Report) by 27,890.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 83,970 shares of the insurance provider's stock after purchasing an additional 83,670 shares during the quarter. Deutsche Bank AG's holdings in CNA Financial were worth $4,062,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp grew its holdings in shares of 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 purchasing an additional 468,058 shares during the period. Empowered Funds LLC purchased a new stake in shares of CNA Financial during the 4th quarter worth about $255,000. Torray Investment Partners LLC grew its holdings in shares of CNA Financial by 27.4% during the 4th quarter. Torray Investment Partners LLC now owns 91,920 shares of the insurance provider's stock worth $4,446,000 after purchasing an additional 19,758 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of CNA Financial during the 4th quarter worth about $819,000. Finally, Prudential Financial Inc. grew its holdings in shares of CNA Financial by 250.8% during the 4th quarter. Prudential Financial Inc. now owns 45,137 shares of the insurance provider's stock worth $2,211,000 after purchasing an additional 32,270 shares during the period. Hedge funds and other institutional investors own 98.45% of the company's stock.

CNA Financial Stock Down 0.8%

NYSE CNA traded down $0.37 on Thursday, reaching $47.13. The company had a trading volume of 194,835 shares, compared to its average volume of 326,840. The firm has a market capitalization of $12.75 billion, a PE ratio of 13.39, a P/E/G ratio of 9.23 and a beta of 0.53. CNA Financial Co. has a 1 year low of $42.85 and a 1 year high of $52.36. The firm has a 50-day moving average of $48.45 and a 200-day moving average of $48.60. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.28 and a quick ratio of 0.28.

CNA Financial (NYSE:CNA - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The insurance provider reported $1.03 earnings per share for the quarter, missing analysts' consensus estimates of $1.16 by ($0.13). The company had revenue of $3.63 billion during the quarter, compared to analysts' expectations of $3.68 billion. CNA Financial had a return on equity of 12.90% and a net margin of 6.72%. During the same quarter in the prior year, the company earned $1.30 EPS. On average, equities research analysts anticipate that CNA Financial Co. will post 4.64 EPS for the current fiscal year.

CNA Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Monday, May 19th will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date of this dividend is Monday, May 19th. CNA Financial's payout ratio is 56.10%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CNA. Keefe, Bruyette & Woods decreased their price target on CNA Financial from $54.00 to $53.00 and set a "market perform" rating for the company in a report on Wednesday, February 12th. Wall Street Zen cut CNA Financial from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th.

Insider Buying and Selling at CNA Financial

In other CNA Financial news, EVP Mark Steven James sold 5,015 shares of the company's stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $48.35, for a total value of $242,475.25. Following the transaction, the executive vice president now directly owns 27,059 shares of the company's stock, valued at $1,308,302.65. This represents a 15.64% decrease in their position. 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 the company's stock in a transaction that occurred on Thursday, May 1st. The shares were 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 approximately $33,890,607.18. The trade was a 0.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 36,756 shares of company stock valued at $1,801,876 in the last three months. Corporate insiders own 0.30% of the company's stock.

CNA Financial Profile

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.