Nuveen LLC Acquires Shares of 577,926 CNO Financial Group, Inc. $CNO

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Nuveen LLC acquired a new stake in shares of CNO Financial Group, Inc. (NYSE:CNO - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 577,926 shares of the financial services provider's stock, valued at approximately $24,071,000. Nuveen LLC owned approximately 0.58% of CNO Financial Group as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. boosted its position in shares of CNO Financial Group by 3.1% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 4,285,783 shares of the financial services provider's stock valued at $159,474,000 after purchasing an additional 130,342 shares during the period. Invesco Ltd. increased its position in CNO Financial Group by 10.2% in the 1st quarter. Invesco Ltd. now owns 990,776 shares of the financial services provider's stock worth $41,266,000 after buying an additional 91,550 shares during the period. Bank of America Corp DE grew its holdings in shares of CNO Financial Group by 236.9% during the 4th quarter. Bank of America Corp DE now owns 922,411 shares of the financial services provider's stock worth $34,323,000 after purchasing an additional 648,591 shares in the last quarter. Allianz Asset Management GmbH boosted its stake in CNO Financial Group by 6.6% in the 1st quarter. Allianz Asset Management GmbH now owns 904,795 shares of the financial services provider's stock valued at $37,685,000 after buying an additional 56,388 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of CNO Financial Group by 15.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 772,371 shares of the financial services provider's stock valued at $32,424,000 after acquiring an additional 100,735 shares during the period. Institutional investors own 95.43% of the company's stock.

CNO Financial Group Trading Up 0.3%

NYSE:CNO opened at $37.75 on Tuesday. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 1.50. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of 13.93 and a beta of 0.90. CNO Financial Group, Inc. has a 1-year low of $31.40 and a 1-year high of $43.20. The business's 50-day moving average price is $37.31 and its two-hundred day moving average price is $38.62.

CNO Financial Group (NYSE:CNO - Get Free Report) last released its quarterly earnings data on Monday, July 28th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.02. The company had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $971.25 million. CNO Financial Group had a return on equity of 16.63% and a net margin of 6.41%. During the same period last year, the firm posted $1.06 earnings per share. On average, equities analysts expect that CNO Financial Group, Inc. will post 3.83 earnings per share for the current year.

CNO Financial Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Wednesday, September 10th. CNO Financial Group's payout ratio is 25.09%.

Insider Activity at CNO Financial Group

In other news, insider Michael E. Mead sold 12,581 shares of the business's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $37.97, for a total value of $477,700.57. Following the transaction, the insider directly owned 15,729 shares of the company's stock, valued at $597,230.13. The trade was a 44.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 3.38% of the company's stock.

CNO Financial Group Company Profile

CNO Financial Group, Inc, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, insurance products, and financial services for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face.

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