Tudor Investment Corp ET AL Purchases 12,065 Shares of CNA Financial Co. (NYSE:CNA)

Tudor Investment Corp ET AL lifted its position in CNA Financial Co. (NYSE:CNA - Free Report) by 58.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 32,642 shares of the insurance provider's stock after buying an additional 12,065 shares during the period. Tudor Investment Corp ET AL's holdings in CNA Financial were worth $1,579,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp increased its holdings in CNA Financial by 66.0% in the 4th quarter. Bank of New York Mellon Corp now owns 1,177,110 shares of the insurance provider's stock worth $56,937,000 after buying an additional 468,058 shares in the last quarter. Norges Bank bought a new stake in shares of CNA Financial in the fourth quarter worth approximately $14,859,000. Raymond James Financial Inc. purchased a new position in shares of CNA Financial during the fourth quarter valued at approximately $13,129,000. First Trust Advisors LP lifted its position in CNA Financial by 20.1% during the fourth quarter. First Trust Advisors LP now owns 1,486,853 shares of the insurance provider's stock valued at $71,919,000 after purchasing an additional 249,346 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its position in CNA Financial by 36.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 363,389 shares of the insurance provider's stock worth $17,577,000 after purchasing an additional 97,180 shares during the period. Hedge funds and other institutional investors own 98.45% of the company's stock.

Insider Buying and Selling at CNA Financial

In related news, Chairman Dino Robusto sold 6,250 shares of the business's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $48.86, for a total value of $305,375.00. Following the transaction, the chairman now directly owns 720,442 shares of the company's stock, valued at approximately $35,200,796.12. The trade was a 0.86 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Daniel Paul Franzetti sold 12,991 shares of the company's 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 $3,709,524.72. The trade was a 14.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 31,741 shares of company stock valued at $1,559,401 over the last ninety days. 0.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

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

CNA Financial Stock Performance

CNA traded up $0.13 during midday trading on Wednesday, reaching $48.38. The company had a trading volume of 289,363 shares, compared to its average volume of 326,700. CNA Financial Co. has a 1 year low of $42.85 and a 1 year high of $52.36. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.28. The company has a market cap of $13.07 billion, a P/E ratio of 13.74, a P/E/G ratio of 9.23 and a beta of 0.53. The business has a 50-day moving average of $48.44 and a two-hundred day moving average of $48.63.

CNA Financial (NYSE:CNA - Get Free Report) last released its earnings results 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 for the quarter, compared to the consensus estimate of $3.68 billion. CNA Financial had a return on equity of 12.90% and a net margin of 6.72%. During the same quarter in the previous year, the business posted $1.30 EPS. As a group, equities research analysts predict that CNA Financial Co. will post 4.64 earnings per share for the current fiscal year.

CNA Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Monday, May 19th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 3.80%. The ex-dividend date is Monday, May 19th. CNA Financial's dividend payout ratio is currently 52.27%.

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.