CNO Financial Group, Inc. (NYSE:CNO) Stock Holdings Raised by Voya Investment Management LLC

Voya Investment Management LLC boosted its holdings in CNO Financial Group, Inc. (NYSE:CNO - Free Report) by 22.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 173,154 shares of the financial services provider's stock after acquiring an additional 31,418 shares during the quarter. Voya Investment Management LLC owned about 0.17% of CNO Financial Group worth $6,443,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Barclays PLC boosted its holdings in CNO Financial Group by 113.7% during the third quarter. Barclays PLC now owns 219,141 shares of the financial services provider's stock worth $7,691,000 after buying an additional 116,617 shares in the last quarter. Tidal Investments LLC increased its stake in CNO Financial Group by 11.3% in the 3rd quarter. Tidal Investments LLC now owns 11,246 shares of the financial services provider's stock valued at $395,000 after purchasing an additional 1,145 shares in the last quarter. DGS Capital Management LLC purchased a new stake in CNO Financial Group during the third quarter worth $256,000. Principal Financial Group Inc. grew its holdings in CNO Financial Group by 6.0% in the third quarter. Principal Financial Group Inc. now owns 1,899,599 shares of the financial services provider's stock valued at $66,676,000 after purchasing an additional 107,589 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in shares of CNO Financial Group by 15.3% in the fourth quarter. GAMMA Investing LLC now owns 2,289 shares of the financial services provider's stock valued at $85,000 after buying an additional 304 shares in the last quarter. Institutional investors and hedge funds own 95.43% of the company's stock.

Insider Activity

In related news, insider Jeremy David Williams sold 3,393 shares of CNO Financial Group stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $41.77, for a total transaction of $141,725.61. Following the sale, the insider now owns 56,599 shares of the company's stock, valued at $2,364,140.23. The trade was a 5.66 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Scott L. Goldberg sold 25,500 shares of the firm's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $40.02, for a total value of $1,020,510.00. Following the sale, the insider now owns 169,342 shares of the company's stock, valued at $6,777,066.84. This represents a 13.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 159,512 shares of company stock valued at $6,497,710. Company insiders own 3.38% of the company's stock.

CNO Financial Group Trading Up 3.0 %

Shares of NYSE CNO traded up $1.10 on Friday, reaching $38.22. 732,305 shares of the company traded hands, compared to its average volume of 711,653. The company has a 50 day moving average of $39.54 and a 200 day moving average of $38.76. The company has a current ratio of 0.22, a quick ratio of 0.19 and a debt-to-equity ratio of 1.61. CNO Financial Group, Inc. has a fifty-two week low of $26.36 and a fifty-two week high of $43.20. The stock has a market capitalization of $3.83 billion, a PE ratio of 10.22 and a beta of 0.90.

CNO Financial Group (NYSE:CNO - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The financial services provider reported $0.79 EPS for the quarter, hitting the consensus estimate of $0.79. CNO Financial Group had a return on equity of 17.20% and a net margin of 9.08%. The company had revenue of $1 billion during the quarter, compared to analyst estimates of $975.80 million. During the same period in the prior year, the firm posted $0.52 earnings per share. The firm's revenue was down 13.2% on a year-over-year basis. On average, equities research analysts forecast that CNO Financial Group, Inc. will post 3.83 earnings per share for the current fiscal year.

CNO Financial Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 10th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.78%. This is a positive change from CNO Financial Group's previous quarterly dividend of $0.16. CNO Financial Group's dividend payout ratio is presently 22.38%.

Analyst Upgrades and Downgrades

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

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.