Two Sigma Advisers LP Has $7.45 Million Position in CNA Financial Co. (NYSE:CNA)

Two Sigma Advisers LP lifted its holdings in CNA Financial Co. (NYSE:CNA - Free Report) by 501.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 154,000 shares of the insurance provider's stock after purchasing an additional 128,400 shares during the period. Two Sigma Advisers LP owned about 0.06% of CNA Financial worth $7,449,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. EverSource Wealth Advisors LLC grew its position in CNA Financial by 663.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 771 shares of the insurance provider's stock worth $37,000 after buying an additional 670 shares during the last quarter. True Wealth Design LLC boosted its stake in shares of CNA Financial by 60.4% during the 4th quarter. True Wealth Design LLC now owns 1,166 shares of the insurance provider's stock worth $56,000 after acquiring an additional 439 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of CNA Financial by 29.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,265 shares of the insurance provider's stock worth $61,000 after acquiring an additional 286 shares during the last quarter. Quent Capital LLC grew its holdings in shares of CNA Financial by 28.3% in the 4th quarter. Quent Capital LLC now owns 1,475 shares of the insurance provider's stock worth $71,000 after acquiring an additional 325 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of CNA Financial during the fourth quarter worth $74,000. 98.45% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Mark Steven James sold 5,015 shares of the company's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $48.35, for a total transaction of $242,475.25. Following the completion of the sale, the executive vice president now owns 27,059 shares in the company, valued at approximately $1,308,302.65. This represents a 15.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Dino Robusto sold 6,250 shares of the firm'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 $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 sold 36,756 shares of company stock valued at $1,801,876 over the last ninety days. Corporate insiders own 0.30% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on CNA shares. 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 research report on Wednesday, February 12th. Wall Street Zen lowered CNA Financial from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th.

CNA Financial Stock Up 1.4%

Shares of NYSE:CNA traded up $0.66 during midday trading on Tuesday, hitting $47.66. 429,294 shares of the stock were exchanged, compared to its average volume of 328,346. The company has a market capitalization of $12.90 billion, a PE ratio of 13.54, a P/E/G ratio of 9.23 and a beta of 0.53. 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 quick ratio of 0.28 and a current ratio of 0.28. The business's fifty day simple moving average is $48.32 and its two-hundred day simple moving average is $48.58.

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 for the quarter, missing the consensus estimate of $1.16 by ($0.13). The firm had revenue of $3.63 billion during the quarter, compared to analyst estimates of $3.68 billion. CNA Financial had a return on equity of 12.90% and a net margin of 6.72%. During the same period in the previous year, the company earned $1.30 earnings per share. As a group, research analysts predict that CNA Financial Co. will post 4.64 earnings per share for the current fiscal year.

CNA Financial Dividend Announcement

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 paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date is Monday, May 19th. CNA Financial's dividend payout ratio (DPR) is presently 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.