17,657 Shares in CNA Financial Corporation (NYSE:CNA) Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in CNA Financial Corporation (NYSE:CNA - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,657 shares of the insurance provider's stock, valued at approximately $887,000.

Several other large investors have also bought and sold shares of CNA. Wealth Enhancement Advisory Services LLC lifted its stake in CNA Financial by 37.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 27,934 shares of the insurance provider's stock worth $1,419,000 after purchasing an additional 7,665 shares during the last quarter. SG Americas Securities LLC bought a new stake in CNA Financial in the 1st quarter worth approximately $470,000. Jefferies Financial Group Inc. purchased a new stake in CNA Financial in the fourth quarter worth approximately $387,000. GAMMA Investing LLC grew its position 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 valued at $5,835,000 after acquiring an additional 112,836 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in shares of CNA Financial during the fourth quarter worth approximately $819,000. 98.45% of the stock is currently owned by institutional investors.

Insider Transactions at CNA Financial

In other CNA Financial news, EVP Mark Steven James sold 5,015 shares of the business's stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $48.35, for a total transaction of $242,475.25. Following the transaction, the executive vice president directly owned 27,059 shares of the company's stock, valued at approximately $1,308,302.65. The trade was a 15.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Dino Robusto sold 6,250 shares of CNA Financial stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $47.61, for a total transaction of $297,562.50. Following the sale, the chairman directly owned 711,838 shares in the company, valued at $33,890,607.18. The trade was a 0.87% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 17,515 shares of company stock worth $837,725. 0.36% of the stock is owned by company insiders.

CNA Financial Trading Down 1.1%

Shares of CNA traded down $0.50 during mid-day trading on Monday, reaching $45.19. The company's stock had a trading volume of 153,563 shares, compared to its average volume of 341,607. CNA Financial Corporation has a 52 week low of $44.57 and a 52 week high of $52.36. The stock has a market cap of $12.23 billion, a PE ratio of 13.77, a P/E/G ratio of 5.93 and a beta of 0.51. The company's fifty day moving average price is $47.05 and its two-hundred day moving average price is $48.01. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.24.

CNA Financial (NYSE:CNA - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The insurance provider reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.13). CNA Financial had a net margin of 6.19% and a return on equity of 11.99%. The business had revenue of $3.63 billion for the quarter, compared to analysts' expectations of $3.68 billion. During the same quarter in the previous year, the company earned $1.30 earnings per share. On average, analysts predict 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. Stockholders of record on Monday, May 19th were issued a dividend of $0.46 per share. The ex-dividend date was Monday, May 19th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.07%. CNA Financial's dividend payout ratio is currently 56.10%.

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.