Susquehanna Fundamental Investments LLC Takes Position in CNA Financial Co. (NYSE:CNA)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of CNA Financial Co. (NYSE:CNA - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 18,729 shares of the insurance provider's stock, valued at approximately $906,000.

A number of other large investors also recently modified their holdings of CNA. EverSource Wealth Advisors LLC lifted its stake in CNA Financial by 663.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 771 shares of the insurance provider's stock worth $37,000 after purchasing an additional 670 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in CNA Financial by 29.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,265 shares of the insurance provider's stock valued at $61,000 after buying an additional 286 shares during the period. Quent Capital LLC boosted its position in shares of CNA Financial by 28.3% during the 4th quarter. Quent Capital LLC now owns 1,475 shares of the insurance provider's stock valued at $71,000 after acquiring an additional 325 shares during the last quarter. Quantbot Technologies LP purchased a new position in shares of CNA Financial during the fourth quarter worth about $74,000. Finally, GAMMA Investing LLC increased its position in shares of CNA Financial by 16.7% in the fourth quarter. GAMMA Investing LLC now owns 2,051 shares of the insurance provider's stock worth $99,000 after purchasing an additional 293 shares during the last quarter. 98.45% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CNA Financial

In other news, CAO Daniel Paul Franzetti sold 12,991 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $49.06, for a total value of $637,338.46. Following the completion of the transaction, the chief accounting officer now owns 75,612 shares of the company's stock, valued at approximately $3,709,524.72. This represents a 14.66 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Dino Robusto sold 6,250 shares of CNA Financial 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 sale, the chairman now owns 711,838 shares in the company, valued at $33,890,607.18. This represents a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 31,741 shares of company stock valued at $1,559,401 in the last 90 days. Insiders own 0.30% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. StockNews.com lowered CNA Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. Keefe, Bruyette & Woods decreased their target price on shares of CNA Financial from $54.00 to $53.00 and set a "market perform" rating on the stock in a research report on Wednesday, February 12th.

CNA Financial Trading Down 0.5 %

CNA traded down $0.25 on Monday, hitting $48.12. 371,313 shares of the company were exchanged, compared to its average volume of 326,764. 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 Co. has a 12 month low of $42.33 and a 12 month high of $52.36. The firm has a fifty day simple moving average of $48.46 and a two-hundred day simple moving average of $48.63. The stock has a market capitalization of $13.00 billion, a PE ratio of 13.67, a price-to-earnings-growth ratio of 9.23 and a beta of 0.53.

CNA Financial (NYSE:CNA - Get Free Report) last issued its earnings results on Monday, May 5th. The insurance provider reported $1.03 EPS 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 analysts' expectations 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 firm earned $1.30 earnings per share. Sell-side analysts expect that CNA Financial Co. will post 4.64 earnings per share for the current year.

CNA Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Monday, February 24th were paid a $0.46 dividend. The ex-dividend date of this dividend was Monday, February 24th. This is a boost from CNA Financial's previous quarterly dividend of $0.44. This represents a $1.84 annualized dividend and a dividend yield of 3.82%. CNA Financial's dividend payout ratio (DPR) is presently 52.27%.

About CNA Financial

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.