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CNO Financial Group, Inc. (NYSE:CNO) Stock Holdings Lifted by Fuller & Thaler Asset Management Inc.

CNO Financial Group logo with Finance background

Fuller & Thaler Asset Management Inc. boosted its stake in CNO Financial Group, Inc. (NYSE:CNO - Free Report) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,285,783 shares of the financial services provider's stock after acquiring an additional 130,342 shares during the period. Fuller & Thaler Asset Management Inc. owned 4.15% of CNO Financial Group worth $159,474,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its holdings in CNO Financial Group by 368.2% in the fourth quarter. Jones Financial Companies Lllp now owns 796 shares of the financial services provider's stock worth $30,000 after purchasing an additional 626 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of CNO Financial Group by 95.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 855 shares of the financial services provider's stock valued at $32,000 after buying an additional 417 shares during the period. Principal Securities Inc. grew its position in shares of CNO Financial Group by 51.6% during the 4th quarter. Principal Securities Inc. now owns 955 shares of the financial services provider's stock valued at $36,000 after buying an additional 325 shares during the last quarter. Headlands Technologies LLC raised its stake in CNO Financial Group by 193.2% during the fourth quarter. Headlands Technologies LLC now owns 1,337 shares of the financial services provider's stock worth $50,000 after acquiring an additional 881 shares during the period. Finally, Sound Income Strategies LLC bought a new position in CNO Financial Group in the fourth quarter worth about $54,000. 95.43% of the stock is currently owned by institutional investors.

Insider Activity

In related news, General Counsel Matthew J. Zimpfer sold 40,800 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $41.49, for a total value of $1,692,792.00. Following the sale, the general counsel now directly owns 244,943 shares in the company, valued at $10,162,685.07. The trade was a 14.28 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jeremy David Williams sold 11,300 shares of the firm's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $41.51, for a total transaction of $469,063.00. Following the sale, the insider now owns 65,299 shares of the company's stock, valued at $2,710,561.49. The trade was a 14.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 159,512 shares of company stock worth $6,497,710. 3.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CNO has been the subject of several recent research reports. Keefe, Bruyette & Woods upped their target price on CNO Financial Group from $42.00 to $44.00 and gave the company a "market perform" rating in a report on Wednesday, February 12th. Royal Bank of Canada upped their price objective on CNO Financial Group from $40.00 to $45.00 and gave the stock an "outperform" rating in a research note on Monday, February 10th. BMO Capital Markets began coverage on CNO Financial Group in a research note on Thursday, January 23rd. They issued a "market perform" rating and a $38.00 target price on the stock. Finally, Piper Sandler upped their price target on shares of CNO Financial Group from $46.00 to $49.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, CNO Financial Group presently has a consensus rating of "Hold" and a consensus price target of $41.00.

Get Our Latest Stock Report on CNO Financial Group

CNO Financial Group Stock Performance

CNO stock traded down $0.06 during trading on Monday, reaching $39.52. 157,886 shares of the company's stock were exchanged, compared to its average volume of 704,013. The firm has a market cap of $3.96 billion, a PE ratio of 10.57 and a beta of 0.90. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 1.61. CNO Financial Group, Inc. has a 1-year low of $25.75 and a 1-year high of $43.20. The company's fifty day moving average price is $39.76 and its 200-day moving average price is $38.71.

CNO Financial Group (NYSE:CNO - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The financial services provider reported $1.31 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.25. CNO Financial Group had a net margin of 9.08% and a return on equity of 17.20%. On average, research analysts expect that CNO Financial Group, Inc. will post 3.83 EPS for the current fiscal year.

CNO Financial Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 10th were paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend was Monday, March 10th. CNO Financial Group's payout ratio is currently 17.11%.

About CNO Financial Group

(Free Report)

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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Institutional Ownership by Quarter for CNO Financial Group (NYSE:CNO)

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