Wealth Enhancement Advisory Services LLC Grows Stock Holdings in CNA Financial Co. (NYSE:CNA)

Wealth Enhancement Advisory Services LLC grew its position in CNA Financial Co. (NYSE:CNA - Free Report) by 102.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,269 shares of the insurance provider's stock after buying an additional 10,269 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in CNA Financial were worth $980,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of CNA. Silver Oak Securities Incorporated purchased a new stake in CNA Financial during the fourth quarter worth about $281,000. Empowered Funds LLC purchased a new position in shares of CNA Financial in the fourth quarter valued at approximately $255,000. Wealthstar Advisors LLC acquired a new position in shares of CNA Financial in the fourth quarter valued at approximately $421,000. Savant Capital LLC increased its stake in CNA Financial by 2.6% during the 4th quarter. Savant Capital LLC now owns 9,139 shares of the insurance provider's stock worth $442,000 after buying an additional 230 shares during the period. Finally, Quent Capital LLC increased its stake in CNA Financial by 28.3% during the 4th quarter. Quent Capital LLC now owns 1,475 shares of the insurance provider's stock worth $71,000 after buying an additional 325 shares during the period. 98.45% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on CNA shares. Keefe, Bruyette & Woods decreased their price target on shares of 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 cut CNA Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th.

CNA Financial Stock Performance

Shares of CNA Financial stock opened at $47.15 on Monday. The business has a 50-day simple moving average of $47.86 and a 200-day simple moving average of $48.51. The company has a market cap of $12.76 billion, a PE ratio of 13.40, a P/E/G ratio of 9.23 and a beta of 0.53. CNA Financial Co. has a one year low of $42.85 and a one year 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.

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

CNA Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, May 19th were issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 3.90%. The ex-dividend date was Monday, May 19th. CNA Financial's dividend payout ratio (DPR) is presently 56.10%.

Insider Buying and Selling at CNA Financial

In other news, EVP Mark Steven James sold 5,015 shares of the company'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 in the company, valued at approximately $1,308,302.65. This represents a 15.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Dino Robusto sold 6,250 shares of the business's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $48.86, for a total transaction of $305,375.00. Following the completion of the sale, the chairman now directly owns 720,442 shares of the company's stock, valued at approximately $35,200,796.12. This trade represents a 0.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 43,006 shares of company stock worth $2,099,564 over the last ninety days. Corporate insiders own 0.30% of the company's stock.

CNA Financial Company 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.

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