CNO Financial Group, Inc. (NYSE:CNO - Get Free Report) insider Jeremy David Williams sold 3,393 shares of the business's stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $41.77, for a total value of $141,725.61. Following the transaction, the insider now owns 56,599 shares of the company's stock, valued at approximately $2,364,140.23. This represents a 5.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Jeremy David Williams also recently made the following trade(s):
- On Monday, March 31st, Jeremy David Williams sold 11,300 shares of CNO Financial Group stock. The shares were sold at an average price of $41.51, for a total value of $469,063.00.
CNO Financial Group Price Performance
Shares of CNO Financial Group stock opened at $42.47 on Thursday. CNO Financial Group, Inc. has a 52 week low of $24.92 and a 52 week high of $43.20. The company has a current ratio of 0.22, a quick ratio of 0.19 and a debt-to-equity ratio of 1.61. The stock has a market cap of $4.26 billion, a PE ratio of 11.36 and a beta of 1.02. The company's 50-day moving average price is $40.63 and its two-hundred day moving average price is $38.26.
CNO Financial Group (NYSE:CNO - Get Free Report) last released its 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%. As a group, sell-side analysts anticipate that CNO Financial Group, Inc. will post 3.83 EPS for the current fiscal year.
CNO Financial Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were given a dividend of $0.16 per share. The ex-dividend date was Monday, March 10th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.51%. CNO Financial Group's dividend payout ratio (DPR) is presently 17.11%.
Institutional Investors Weigh In On CNO Financial Group
Several large investors have recently modified their holdings of the stock. Citigroup Inc. lifted its holdings in shares of CNO Financial Group by 78.0% during the third quarter. Citigroup Inc. now owns 129,925 shares of the financial services provider's stock valued at $4,560,000 after purchasing an additional 56,932 shares during the last quarter. Cerity Partners LLC increased its stake in CNO Financial Group by 53.1% in the 3rd quarter. Cerity Partners LLC now owns 12,040 shares of the financial services provider's stock worth $423,000 after purchasing an additional 4,178 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in CNO Financial Group during the 3rd quarter worth about $227,000. FMR LLC lifted its stake in CNO Financial Group by 28.8% during the third quarter. FMR LLC now owns 1,040,619 shares of the financial services provider's stock valued at $36,526,000 after buying an additional 232,631 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in CNO Financial Group by 69.8% during the third quarter. BNP Paribas Financial Markets now owns 39,946 shares of the financial services provider's stock valued at $1,402,000 after buying an additional 16,420 shares in the last quarter. 95.43% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research analysts have recently issued reports on CNO shares. Keefe, Bruyette & Woods increased their price target on CNO Financial Group from $42.00 to $44.00 and gave the stock a "market perform" rating in a research note on Wednesday, February 12th. Piper Sandler increased their target price on shares of CNO Financial Group from $46.00 to $49.00 and gave the company an "overweight" rating in a research report on Wednesday. BMO Capital Markets began coverage on shares of CNO Financial Group in a research report on Thursday, January 23rd. They set a "market perform" rating and a $38.00 price target on the stock. Jefferies Financial Group upped their price target on shares of CNO Financial Group from $36.00 to $41.00 and gave the stock a "hold" rating in a research note on Tuesday, December 10th. Finally, Royal Bank of Canada raised their price objective on shares of CNO Financial Group from $40.00 to $45.00 and gave the company an "outperform" rating in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $41.00.
View Our Latest Research Report on CNO Financial Group
About CNO Financial Group
(
Get 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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