XTX Topco Ltd Takes Position in CNO Financial Group, Inc. (NYSE:CNO)

Key Points

• XTX Topco Ltd has acquired a new position in CNO Financial Group, purchasing 23,770 shares valued at around $990,000 during the first quarter.
• CNO Financial Group reported earnings per share of $0.87 for the last quarter, surpassing expectations and showing strong revenue of $1.15 billion.
• CNO Financial Group's stock is currently trading at $35.46, reflecting a decrease of 3.7%, with a 52-week range between $30.48 and $43.20.

XTX Topco Ltd bought a new position in CNO Financial Group, Inc. (NYSE:CNO - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm bought 23,770 shares of the financial services provider's stock, valued at approximately $990,000.

Other large investors also recently modified their holdings of the company. Neo Ivy Capital Management bought a new position in shares of CNO Financial Group in the first quarter valued at $28,000. UMB Bank n.a. grew its holdings in CNO Financial Group by 89.7% during the first quarter. UMB Bank n.a. now owns 1,009 shares of the financial services provider's stock worth $42,000 after buying an additional 477 shares in the last quarter. Versant Capital Management Inc raised its position in CNO Financial Group by 148.6% in the 1st quarter. Versant Capital Management Inc now owns 1,099 shares of the financial services provider's stock valued at $46,000 after buying an additional 657 shares during the last quarter. Headlands Technologies LLC lifted its stake in CNO Financial Group by 193.2% during the 4th quarter. Headlands Technologies LLC now owns 1,337 shares of the financial services provider's stock valued at $50,000 after acquiring an additional 881 shares in the last quarter. Finally, Quarry LP grew its stake in shares of CNO Financial Group by 137.8% in the 4th quarter. Quarry LP now owns 1,334 shares of the financial services provider's stock worth $50,000 after acquiring an additional 773 shares in the last quarter. 95.43% of the stock is currently owned by institutional investors.

CNO Financial Group Stock Down 3.7%

CNO opened at $35.46 on Friday. CNO Financial Group, Inc. has a fifty-two week low of $30.48 and a fifty-two week high of $43.20. The firm has a market capitalization of $3.52 billion, a P/E ratio of 13.08 and a beta of 0.90. The company's 50-day moving average is $37.50 and its 200 day moving average is $38.79. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.17 and a quick ratio of 0.18.

CNO Financial Group (NYSE:CNO - Get Free Report) last released its earnings results on Monday, July 28th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.02. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates 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 in the prior year, the company posted $1.06 earnings per share. Research analysts expect that CNO Financial Group, Inc. will post 3.83 earnings per share for the current fiscal year.

Insider Transactions at CNO Financial Group

In other news, insider Michael E. Mead sold 12,581 shares of CNO Financial Group stock in a transaction on Monday, July 7th. The stock was sold at an average price of $37.97, for a total transaction of $477,700.57. Following the sale, the insider directly owned 15,729 shares in the company, valued at $597,230.13. The trade was a 44.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.00% of the stock is owned by company insiders.

CNO Financial Group 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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