AQR Capital Management LLC Decreases Holdings in CNO Financial Group Inc (CNO)

AQR Capital Management LLC cut its position in shares of CNO Financial Group Inc (NYSE:CNO) by 36.8% during the 3rd quarter, according to its …

CNO Financial Group logoAQR Capital Management LLC cut its position in shares of CNO Financial Group Inc (NYSE:CNO) by 36.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,317,306 shares of the financial services provider’s stock after selling 768,238 shares during the quarter. AQR Capital Management LLC owned approximately 0.80% of CNO Financial Group worth $27,953,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CNO. Raymond James Financial Services Advisors Inc. purchased a new position in CNO Financial Group during the second quarter valued at $264,000. Sei Investments Co. grew its holdings in CNO Financial Group by 5,452.8% during the second quarter. Sei Investments Co. now owns 96,729 shares of the financial services provider’s stock valued at $1,842,000 after purchasing an additional 94,987 shares during the period. Arizona State Retirement System grew its holdings in CNO Financial Group by 3.0% during the second quarter. Arizona State Retirement System now owns 116,192 shares of the financial services provider’s stock valued at $2,212,000 after purchasing an additional 3,346 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in CNO Financial Group by 14.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,812,715 shares of the financial services provider’s stock valued at $34,515,000 after purchasing an additional 233,457 shares during the period. Finally, American Century Companies Inc. grew its holdings in CNO Financial Group by 2.1% during the second quarter. American Century Companies Inc. now owns 365,731 shares of the financial services provider’s stock valued at $6,964,000 after purchasing an additional 7,684 shares during the period. Hedge funds and other institutional investors own 94.23% of the company’s stock.

Shares of NYSE:CNO traded up $0.06 on Friday, reaching $16.56. The company’s stock had a trading volume of 1,129,500 shares, compared to its average volume of 1,404,387. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.26 and a current ratio of 0.26. CNO Financial Group Inc has a 52-week low of $13.64 and a 52-week high of $26.47. The stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of 8.20 and a beta of 1.22.

CNO Financial Group (NYSE:CNO) last released its quarterly earnings results on Wednesday, October 31st. The financial services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.51 by $0.02. The business had revenue of $1.48 billion for the quarter, compared to analyst estimates of $999.03 million. CNO Financial Group had a negative net margin of 8.95% and a positive return on equity of 7.89%. The company’s quarterly revenue was up 37.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.59 earnings per share. As a group, research analysts forecast that CNO Financial Group Inc will post 1.98 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, December 24th. Investors of record on Monday, December 10th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date of this dividend was Friday, December 7th. CNO Financial Group’s payout ratio is 19.80%.

CNO has been the topic of a number of research analyst reports. Zacks Investment Research upgraded CNO Financial Group from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Thursday, January 3rd. TheStreet cut CNO Financial Group from a “b” rating to a “c” rating in a research note on Thursday, November 1st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $22.00 target price on shares of CNO Financial Group in a research report on Monday, December 17th. Evercore ISI upgraded CNO Financial Group from an “in-line” rating to an “outperform” rating in a research note on Wednesday. They noted that the move was a valuation call. Finally, ValuEngine upgraded CNO Financial Group from a “strong sell” rating to a “sell” rating in a report on Monday, November 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. CNO Financial Group currently has an average rating of “Hold” and an average target price of $21.75.

In other news, EVP Matthew J. Zimpfer sold 17,417 shares of CNO Financial Group stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $18.46, for a total value of $321,517.82. Following the transaction, the executive vice president now owns 137,580 shares of the company’s stock, valued at approximately $2,539,726.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen N. David bought 2,000 shares of the company’s stock in a transaction dated Monday, November 5th. The stock was purchased at an average cost of $18.50 per share, for a total transaction of $37,000.00. Following the completion of the transaction, the director now owns 19,706 shares of the company’s stock, valued at $364,561. The disclosure for this purchase can be found here. 2.30% of the stock is currently owned by company insiders.

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CNO Financial Group Profile

CNO Financial Group, Inc, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off segments.

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

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Man Group plc Boosts Position in CNO Financial Group Inc (NYSE:CNO)

Man Group plc increased its position in CNO Financial Group Inc (NYSE:CNO) by 295.6% during the third quarter, according to the company in its …

CNO Financial Group logoMan Group plc increased its position in CNO Financial Group Inc (NYSE:CNO) by 295.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 958,378 shares of the financial services provider’s stock after purchasing an additional 716,133 shares during the period. Man Group plc owned approximately 0.58% of CNO Financial Group worth $20,337,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Pacer Advisors Inc. boosted its position in shares of CNO Financial Group by 12.6% during the 3rd quarter. Pacer Advisors Inc. now owns 58,242 shares of the financial services provider’s stock valued at $1,236,000 after acquiring an additional 6,532 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in CNO Financial Group in the third quarter worth $10,972,000. Paloma Partners Management Co bought a new stake in CNO Financial Group in the third quarter worth $1,698,000. Jane Street Group LLC bought a new stake in CNO Financial Group in the third quarter worth $906,000. Finally, Deutsche Bank AG lifted its position in CNO Financial Group by 17.2% in the third quarter. Deutsche Bank AG now owns 1,025,170 shares of the financial services provider’s stock worth $21,750,000 after buying an additional 150,553 shares during the last quarter. Institutional investors own 94.23% of the company’s stock.

CNO opened at $13.83 on Tuesday. CNO Financial Group Inc has a 1 year low of $13.81 and a 1 year high of $26.47. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.26 and a current ratio of 0.26. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 6.85 and a beta of 1.11.

CNO Financial Group (NYSE:CNO) last posted its earnings results on Wednesday, October 31st. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.02. CNO Financial Group had a positive return on equity of 7.89% and a negative net margin of 8.95%. The company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $999.03 million. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The firm’s quarterly revenue was up 37.2% compared to the same quarter last year. Sell-side analysts predict that CNO Financial Group Inc will post 1.99 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, December 24th. Stockholders of record on Monday, December 10th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, December 7th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.89%. CNO Financial Group’s payout ratio is 19.80%.

In other news, Director Stephen N. David bought 2,000 shares of the firm’s stock in a transaction that occurred on Monday, November 5th. The stock was purchased at an average price of $18.50 per share, with a total value of $37,000.00. Following the completion of the acquisition, the director now directly owns 19,706 shares of the company’s stock, valued at approximately $364,561. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Matthew J. Zimpfer sold 17,417 shares of CNO Financial Group stock in a transaction dated Monday, November 5th. The stock was sold at an average price of $18.46, for a total value of $321,517.82. Following the sale, the executive vice president now directly owns 137,580 shares of the company’s stock, valued at approximately $2,539,726.80. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by insiders.

A number of analysts recently issued reports on CNO shares. Zacks Investment Research upgraded CNO Financial Group from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research report on Wednesday, October 3rd. ValuEngine downgraded CNO Financial Group from a “sell” rating to a “strong sell” rating in a research report on Friday, November 2nd. TheStreet downgraded CNO Financial Group from a “b” rating to a “c” rating in a research report on Thursday, November 1st. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $22.00 target price on shares of CNO Financial Group in a research report on Monday, December 17th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $23.25.

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About CNO Financial Group

CNO Financial Group, Inc, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off segments.

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

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Snow Capital Management, LP Buys Skechers USA Inc, United States Steel Corp, Range …

Snow Capital Management, L.P. sold out a holding in Finisar Corp. The sale prices were between $16.64 and $20.53, with an estimated average price …

Investment company Snow Capital Management, L.P. buys Skechers USA Inc, United States Steel Corp, Range Resources Corp, CNO Financial Group Inc, Tyson Foods Inc, Commercial Metals Co, NCR Corp, Super Micro Computer Inc, Pilgrims Pride Corp, Owens-Illinois Inc, sells Integrated Device Technology Inc, Finisar Corp, Lannett Co Inc, Shire PLC, PulteGroup Inc during the 3-months ended 2018-09-30, according to the most recent filings of the investment company, Snow Capital Management, L.P.. As of 2018-09-30, Snow Capital Management, L.P. owns 131 stocks with a total value of $2.1 billion. These are the details of the buys and sells.

For the details of Richard Snow’s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Richard+Snow

These are the top 5 holdings of Richard Snow

  1. JPMorgan Chase & Co (JPM) – 646,923 shares, 3.5% of the total portfolio. Shares reduced by 7.51%
  2. Bank of America Corporation (BAC) – 2,377,746 shares, 3.35% of the total portfolio. Shares reduced by 8.06%
  3. American Equity Investment Life Holding Co (AEL) – 1,954,079 shares, 3.31% of the total portfolio. Shares reduced by 15.21%
  4. Big Lots Inc (BIG) – 1,607,388 shares, 3.22% of the total portfolio. Shares added by 15.55%
  5. Zimmer Biomet Holdings Inc (ZBH) – 509,225 shares, 3.21% of the total portfolio. Shares reduced by 6.62%

New Purchase: Pilgrims Pride Corp (PPC)

Snow Capital Management, L.P. initiated holding in Pilgrims Pride Corp. The purchase prices were between $17.43 and $20.34, with an estimated average price of $18.49. The stock is now traded at around $19.12. The impact to a portfolio due to this purchase was 0.31%. The holding were 363,520 shares as of 2018-09-30.

New Purchase: REV Group Inc (REVG)

Snow Capital Management, L.P. initiated holding in REV Group Inc. The purchase prices were between $13.82 and $17.56, with an estimated average price of $16.33. The stock is now traded at around $11.45. The impact to a portfolio due to this purchase was 0.21%. The holding were 273,446 shares as of 2018-09-30.

New Purchase: B2Gold Corp (BTG)

Snow Capital Management, L.P. initiated holding in B2Gold Corp. The purchase prices were between $2.11 and $2.6, with an estimated average price of $2.37. The stock is now traded at around $2.46. The impact to a portfolio due to this purchase was 0.1%. The holding were 906,585 shares as of 2018-09-30.

New Purchase: PACCAR Inc (PCAR)

Snow Capital Management, L.P. initiated holding in PACCAR Inc. The purchase prices were between $59.96 and $72.41, with an estimated average price of $66.13. The stock is now traded at around $59.30. The impact to a portfolio due to this purchase was 0.1%. The holding were 31,218 shares as of 2018-09-30.

New Purchase: Microsoft Corp (MSFT)

Snow Capital Management, L.P. initiated holding in Microsoft Corp. The purchase prices were between $99.05 and $114.67, with an estimated average price of $108.32. The stock is now traded at around $107.65. The impact to a portfolio due to this purchase was 0.09%. The holding were 15,900 shares as of 2018-09-30.

New Purchase: Century Aluminum Co (CENX)

Snow Capital Management, L.P. initiated holding in Century Aluminum Co. The purchase prices were between $11.09 and $15.46, with an estimated average price of $12.89. The stock is now traded at around $9.03. The impact to a portfolio due to this purchase was 0.06%. The holding were 98,007 shares as of 2018-09-30.

Added: Skechers USA Inc (SKX)

Snow Capital Management, L.P. added to a holding in Skechers USA Inc by 846.78%. The purchase prices were between $26.27 and $33.25, with an estimated average price of $29. The stock is now traded at around $28.49. The impact to a portfolio due to this purchase was 2.72%. The holding were 2,270,907 shares as of 2018-09-30.

Added: United States Steel Corp (X)

Snow Capital Management, L.P. added to a holding in United States Steel Corp by 128.49%. The purchase prices were between $28.42 and $38.26, with an estimated average price of $32.26. The stock is now traded at around $27.62. The impact to a portfolio due to this purchase was 1.14%. The holding were 1,390,489 shares as of 2018-09-30.

Added: Range Resources Corp (RRC)

Snow Capital Management, L.P. added to a holding in Range Resources Corp by 48.42%. The purchase prices were between $14.47 and $17.82, with an estimated average price of $16.05. The stock is now traded at around $17.94. The impact to a portfolio due to this purchase was 0.88%. The holding were 3,332,090 shares as of 2018-09-30.

Added: CNO Financial Group Inc (CNO)

Snow Capital Management, L.P. added to a holding in CNO Financial Group Inc by 28.62%. The purchase prices were between $19.09 and $22.26, with an estimated average price of $20.99. The stock is now traded at around $19.37. The impact to a portfolio due to this purchase was 0.7%. The holding were 3,108,270 shares as of 2018-09-30.

Added: Tyson Foods Inc (TSN)

Snow Capital Management, L.P. added to a holding in Tyson Foods Inc by 28.16%. The purchase prices were between $57.55 and $67.29, with an estimated average price of $62.54. The stock is now traded at around $57.98. The impact to a portfolio due to this purchase was 0.66%. The holding were 1,059,233 shares as of 2018-09-30.

Added: Commercial Metals Co (CMC)

Snow Capital Management, L.P. added to a holding in Commercial Metals Co by 200.68%. The purchase prices were between $20.24 and $22.56, with an estimated average price of $21.52. The stock is now traded at around $19.83. The impact to a portfolio due to this purchase was 0.61%. The holding were 941,201 shares as of 2018-09-30.

Sold Out: Integrated Device Technology Inc (IDTI)

Snow Capital Management, L.P. sold out a holding in Integrated Device Technology Inc. The sale prices were between $31.6 and $47.2, with an estimated average price of $38.64.

Sold Out: Finisar Corp (FNSR)

Snow Capital Management, L.P. sold out a holding in Finisar Corp. The sale prices were between $16.64 and $20.53, with an estimated average price of $18.62.

Sold Out: Synaptics Inc (SYNA)

Snow Capital Management, L.P. sold out a holding in Synaptics Inc. The sale prices were between $42.69 and $51.81, with an estimated average price of $47.57.

Sold Out: Whiting Petroleum Corp (WLL)

Snow Capital Management, L.P. sold out a holding in Whiting Petroleum Corp. The sale prices were between $43.86 and $54.48, with an estimated average price of $49.11.

Sold Out: Molina Healthcare Inc (MOH)

Snow Capital Management, L.P. sold out a holding in Molina Healthcare Inc. The sale prices were between $98.71 and $152.72, with an estimated average price of $127.37.

Sold Out: Urban Outfitters Inc (URBN)

Snow Capital Management, L.P. sold out a holding in Urban Outfitters Inc. The sale prices were between $40.08 and $48.74, with an estimated average price of $45.

Reduced: Lannett Co Inc (LCI)

Snow Capital Management, L.P. reduced to a holding in Lannett Co Inc by 85.62%. The sale prices were between $4.75 and $14.5, with an estimated average price of $9.53. The stock is now traded at around $5.51. The impact to a portfolio due to this sale was -1.28%. Snow Capital Management, L.P. still held 346,453 shares as of 2018-09-30.

Reduced: Shire PLC (SHPG)

Snow Capital Management, L.P. reduced to a holding in Shire PLC by 31.17%. The sale prices were between $166.29 and $181.27, with an estimated average price of $173.02. The stock is now traded at around $180.81. The impact to a portfolio due to this sale was -1.12%. Snow Capital Management, L.P. still held 318,035 shares as of 2018-09-30.

Reduced: PulteGroup Inc (PHM)

Snow Capital Management, L.P. reduced to a holding in PulteGroup Inc by 46.53%. The sale prices were between $24.77 and $31.29, with an estimated average price of $28.34. The stock is now traded at around $24.53. The impact to a portfolio due to this sale was -1.02%. Snow Capital Management, L.P. still held 886,407 shares as of 2018-09-30.

Reduced: JM Smucker Co (SJM)

Snow Capital Management, L.P. reduced to a holding in JM Smucker Co by 40.67%. The sale prices were between $102.37 and $116.24, with an estimated average price of $109.21. The stock is now traded at around $113.49. The impact to a portfolio due to this sale was -0.77%. Snow Capital Management, L.P. still held 229,031 shares as of 2018-09-30.

Reduced: Biogen Inc (BIIB)

Snow Capital Management, L.P. reduced to a holding in Biogen Inc by 23.82%. The sale prices were between $293.51 and $383.83, with an estimated average price of $343.66. The stock is now traded at around $321.52. The impact to a portfolio due to this sale was -0.74%. Snow Capital Management, L.P. still held 177,099 shares as of 2018-09-30.

Reduced: PBF Energy Inc (PBF)

Snow Capital Management, L.P. reduced to a holding in PBF Energy Inc by 29.71%. The sale prices were between $41.7 and $53.44, with an estimated average price of $47.52. The stock is now traded at around $38.53. The impact to a portfolio due to this sale was -0.65%. Snow Capital Management, L.P. still held 796,526 shares as of 2018-09-30.

Here is the complete portfolio of Richard Snow. Also check out:

1. Richard Snow’s Undervalued Stocks

2. Richard Snow’s Top Growth Companies, and

3. Richard Snow’s High Yield stocks

4. Stocks that Richard Snow keeps buying

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BlackRock Inc. Has $349.74 Million Position in CNO Financial Group (CNO)

BlackRock Inc. reduced its holdings in CNO Financial Group (NYSE:CNO) by 1.5% during the 1st quarter, according to its most recent disclosure with …

CNO Financial Group logoBlackRock Inc. reduced its holdings in CNO Financial Group (NYSE:CNO) by 1.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,139,020 shares of the financial services provider’s stock after selling 239,001 shares during the period. BlackRock Inc. owned approximately 9.64% of CNO Financial Group worth $349,735,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Meeder Asset Management Inc. lifted its holdings in CNO Financial Group by 114.1% in the fourth quarter. Meeder Asset Management Inc. now owns 6,084 shares of the financial services provider’s stock valued at $150,000 after buying an additional 3,243 shares during the period. DekaBank Deutsche Girozentrale acquired a new stake in CNO Financial Group in the first quarter worth $171,000. Connable Office Inc. acquired a new stake in CNO Financial Group in the fourth quarter worth $205,000. Campbell & CO Investment Adviser LLC acquired a new stake in CNO Financial Group in the first quarter worth $239,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in CNO Financial Group by 50.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,461 shares of the financial services provider’s stock worth $258,000 after purchasing an additional 3,485 shares during the period. Institutional investors and hedge funds own 94.49% of the company’s stock.

Shares of NYSE:CNO opened at $19.79 on Friday. CNO Financial Group has a 12 month low of $19.32 and a 12 month high of $26.47. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.55. The firm has a market cap of $3.32 billion, a P/E ratio of 9.80, a P/E/G ratio of 0.98 and a beta of 1.11.

CNO Financial Group (NYSE:CNO) last issued its quarterly earnings data on Wednesday, April 25th. The financial services provider reported $0.44 EPS for the quarter, hitting analysts’ consensus estimates of $0.44. CNO Financial Group had a net margin of 4.67% and a return on equity of 6.92%. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. research analysts predict that CNO Financial Group will post 2.02 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 25th. Investors of record on Monday, June 11th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.02%. This is a positive change from CNO Financial Group’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Friday, June 8th. CNO Financial Group’s dividend payout ratio (DPR) is presently 17.82%.

CNO has been the topic of several analyst reports. Morgan Stanley upgraded shares of CNO Financial Group from an “underweight” rating to an “equal weight” rating in a report on Thursday, May 17th. ValuEngine lowered shares of CNO Financial Group from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Zacks Investment Research lowered shares of CNO Financial Group from a “buy” rating to a “hold” rating in a report on Friday, April 6th. William Blair initiated coverage on shares of CNO Financial Group in a report on Monday, March 12th. They issued an “outperform” rating on the stock. Finally, Wells Fargo & Co set a $23.00 target price on shares of CNO Financial Group and gave the stock a “hold” rating in a report on Wednesday, April 25th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. CNO Financial Group has a consensus rating of “Hold” and an average price target of $24.00.

CNO Financial Group Profile

CNO Financial Group, Inc, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off segments.

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

Receive News & Ratings for CNO Financial Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for CNO Financial Group and related companies with MarketBeat.com’s FREE daily email newsletter.

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Eqis Capital Management Inc. Acquires Shares of 11892 CNO Financial Group Inc (CNO)

Vanguard Group Inc. boosted its stake in CNO Financial Group by 0.9% during the second quarter. Vanguard Group Inc. now owns 14,843,457 shares of the financial services provider’s stock worth $309,930,000 after buying an additional 129,269 shares in the last quarter. FMR LLC boosted its stake in …

CNO Financial Group logoEqis Capital Management Inc. bought a new position in shares of CNO Financial Group Inc (NYSE:CNO) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,892 shares of the financial services provider’s stock, valued at approximately $294,000.

A number of other hedge funds also recently made changes to their positions in CNO. Vanguard Group Inc. boosted its stake in CNO Financial Group by 0.9% during the second quarter. Vanguard Group Inc. now owns 14,843,457 shares of the financial services provider’s stock worth $309,930,000 after buying an additional 129,269 shares in the last quarter. FMR LLC boosted its stake in shares of CNO Financial Group by 77.8% in the 2nd quarter. FMR LLC now owns 418,309 shares of the financial services provider’s stock valued at $8,734,000 after purchasing an additional 183,009 shares in the last quarter. M&T Bank Corp boosted its stake in shares of CNO Financial Group by 2.4% in the 2nd quarter. M&T Bank Corp now owns 16,718 shares of the financial services provider’s stock valued at $349,000 after purchasing an additional 389 shares in the last quarter. Suntrust Banks Inc. boosted its stake in shares of CNO Financial Group by 4.1% in the 2nd quarter. Suntrust Banks Inc. now owns 21,380 shares of the financial services provider’s stock valued at $446,000 after purchasing an additional 851 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its stake in shares of CNO Financial Group by 10.2% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 674,845 shares of the financial services provider’s stock valued at $14,091,000 after purchasing an additional 62,425 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

CNO Financial Group Inc (NYSE:CNO) opened at $22.31 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.16 and a quick ratio of 0.16. CNO Financial Group Inc has a 12-month low of $19.37 and a 12-month high of $26.47. The stock has a market capitalization of $3,742.77, a P/E ratio of 14.03, a P/E/G ratio of 1.14 and a beta of 1.10.

Several brokerages have recently commented on CNO. Zacks Investment Research upgraded shares of CNO Financial Group from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research note on Wednesday, January 10th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $24.00 price target on shares of CNO Financial Group in a report on Thursday, December 21st. B. Riley reaffirmed a “buy” rating on shares of CNO Financial Group in a report on Monday, November 6th. Wells Fargo & Co set a $22.00 price objective on CNO Financial Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. Finally, Goldman Sachs Group initiated coverage on CNO Financial Group in a report on Wednesday, October 18th. They set a “neutral” rating and a $24.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. CNO Financial Group presently has an average rating of “Buy” and an average target price of $23.67.

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About CNO Financial Group

CNO Financial Group, Inc is a holding company for a group of insurance companies operating throughout the United States that develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. The Company’s segments include Bankers Life, Washington National and Colonial Penn.

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

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