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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Daiwa Sb Investments LTD Has Decreased By $2.07 Million Its Microsoft (MSFT) Holding; Shorts at …

Some Historical MSFT News: 20/05/2018 – MICROSOFT BUYS SEMANTIC MACHINES; 27/04/2018 – DIGIMARC CORP – ANNOUNCED A NEW …

Microsoft Corporation (NASDAQ:MSFT) Logo

Daiwa Sb Investments Ltd decreased Microsoft Corp (MSFT) stake by 10.76% reported in 2018Q3 SEC filing. Daiwa Sb Investments Ltd sold 18,160 shares as Microsoft Corp (MSFT)’s stock declined 1.64%. The Daiwa Sb Investments Ltd holds 150,540 shares with $17.22 million value, down from 168,700 last quarter. Microsoft Corp now has $783.57B valuation. The stock increased 0.13% or $0.13 during the last trading session, reaching $102.06. About 432 shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 30.43% since January 8, 2018 and is uptrending. It has outperformed by 30.43% the S&P500. Some Historical MSFT News: 20/05/2018 – MICROSOFT BUYS SEMANTIC MACHINES; 27/04/2018 – DIGIMARC CORP – ANNOUNCED A NEW 15-YEAR PARTNERSHIP WITH MICROSOFT; 30/04/2018 – Microsoft’s John Thompson is going to help venture capital firm Lightspeed find some deals; 03/04/2018 – KBRA Releases European Structured Finance Research: Commencing Countdown, Engines On; 14/05/2018 – Smartsheet to Announce First Quarter FY19 Earnings on June 4, 2018; 28/03/2018 – Vitality Biopharma Files Intellectual Property in All Major Pharmaceutical Markets Worldwide; 29/05/2018 – Vizient Earns Ethics Inside Certification from Ethisphere Institute for Leadership in Ethics and Compliance Programs and Practices; 08/05/2018 – Wolters Kluwer’s ELM Solutions Named CODiE Award Finalist for Best Legal Solution with LegalVlEW® BillAnalyzer; 16/05/2018 – Microsoft To Release Lower-cost Tablet That Competes With Apple’s Ipad, Says Bloomberg — MarketWatch; 26/04/2018 – MICROSOFT SAYS 3Q CAPEX WAS $3.5 BILLION

Cno Financial Group Inc (NYSE:CNO) had a decrease of 8.72% in short interest. CNO’s SI was 1.78M shares in January as released by FINRA. Its down 8.72% from 1.95 million shares previously. With 1.26M avg volume, 1 days are for Cno Financial Group Inc (NYSE:CNO)’s short sellers to cover CNO’s short positions. The SI to Cno Financial Group Inc’s float is 1.09%. The stock increased 1.03% or $0.16 during the last trading session, reaching $15.73. About 1.50 million shares traded or 24.70% up from the average. CNO Financial Group, Inc. (NYSE:CNO) has declined 36.39% since January 8, 2018 and is downtrending. It has underperformed by 36.39% the S&P500. Some Historical CNO News: 25/04/2018 – CNO Financial 1Q EPS 50c; 09/05/2018 – CNO FINANCIAL GROUP INC – DECLARED A QUARTERLY CASH DIVIDEND OF $0.10 PER SHARE; 09/05/2018 – CNO FINANCIAL GROUP INC – APPOINTED DANIEL MAURER AS CHAIRMAN; 02/05/2018 – Cno Financial Group Buys New 1% Position in Goldman Sachs BDC; 25/04/2018 – CNO FINANCIAL GROUP – QTRLY TOTAL REVENUES $1,007.8 MLN VS $1,070.7 MLN; 15/03/2018 – Bankers Life and Alzheimer’s Association Team Up to Raise Awareness For Alzheimer’s disease; 25/04/2018 – CNO FINANCIAL 1Q OPER EPS 44C; 25/04/2018 – CNO FINANCIAL 1Q ADJ OPER EPS 43C, EST. 43C; 13/03/2018 – CNO Financial to Conclude Bankers Life Fieldhouse Naming Rights; 14/05/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within Fred’s, Nexstar Broadcasting Group, CNO Financial Group, Ne

More notable recent CNO Financial Group, Inc. (NYSE:CNO) news were published by: Zacks.com which released: “Cigna (CI) & Units Receive Rating Actions From A.M. Best – Zacks.com” on January 07, 2019, also Seekingalpha.com with their article: “CNO Financial Group, Inc. (CNO) CEO Gary Bhojwani on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 05, 2018, Seekingalpha.com published: “CNO Financial Group, Inc. (CNO) CEO Gary Bhojwani on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” on August 05, 2018. More interesting news about CNO Financial Group, Inc. (NYSE:CNO) were released by: Prnewswire.com and their article: “CNO Financial Names Mike Mead Chief Information Officer – PR Newswire” published on November 06, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For October 31, 2018 – Benzinga” with publication date: October 31, 2018.

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. The company has market cap of $2.59 billion. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off divisions. It currently has negative earnings. The Bankers Life segment markets and distributes Medicare supplement insurance, interest-sensitive and traditional life insurance, fixed annuities, and long-term care insurance products; and Medicare advantage and prescription drug plan products through various distribution and marketing agreements.

Among 15 analysts covering Microsoft (NASDAQ:MSFT), 14 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Microsoft had 19 analyst reports since July 17, 2018 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Friday, September 7. Stifel Nicolaus maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, July 20 with “Buy” rating. The company was maintained on Tuesday, July 17 by Bank of America. On Thursday, October 25 the stock rating was maintained by Nomura with “Buy”. The company was maintained on Monday, July 23 by Argus Research. Wells Fargo maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, July 20. Wells Fargo has “Outperform” rating and $120 target. On Tuesday, July 17 the stock rating was maintained by Raymond James with “Strong Buy”. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Overweight” rating by PiperJaffray on Tuesday, July 17. Citigroup maintained Microsoft Corporation (NASDAQ:MSFT) rating on Thursday, October 25. Citigroup has “Neutral” rating and $114 target. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Monday, November 26 by Deutsche Bank.

Daiwa Sb Investments Ltd increased Simon Property Group Inc (NYSE:SPG) stake by 3,110 shares to 3,240 valued at $573,000 in 2018Q3. It also upped Xylem Inc (NYSE:XYL) stake by 40,787 shares and now owns 100,444 shares. Pattern Energy Group Inc (NASDAQ:PEGI) was raised too.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 30. They expect $1.09 EPS, up 13.54% or $0.13 from last year’s $0.96 per share. MSFT’s profit will be $8.37B for 23.41 P/E if the $1.09 EPS becomes a reality. After $1.14 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -4.39% negative EPS growth.

Investors sentiment decreased to 0.81 in Q3 2018. Its down 0.03, from 0.84 in 2018Q2. It dived, as 33 investors sold MSFT shares while 981 reduced holdings. 145 funds opened positions while 681 raised stakes. 5.28 billion shares or 0.60% less from 5.31 billion shares in 2018Q2 were reported. Compton Cap Mgmt Ri reported 2.19% in Microsoft Corporation (NASDAQ:MSFT). Gw Henssler & Assocs Ltd reported 131,904 shares or 1.37% of all its holdings. Regentatlantic Capital Ltd Liability Corp stated it has 1.66% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Clifford Swan Invest Counsel Ltd Liability Com holds 2.51% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 422,387 shares. Folger Nolan Fleming Douglas Capital Incorporated stated it has 131,277 shares or 2.12% of all its holdings. Teacher Retirement Systems Of Texas has 2.26% invested in Microsoft Corporation (NASDAQ:MSFT). Jump Trading Limited Com invested in 0.1% or 15,519 shares. Zevin Asset Management Ltd Liability Com accumulated 7,289 shares. Palo Cap has invested 0.64% in Microsoft Corporation (NASDAQ:MSFT). Gotham Asset Mgmt Lc holds 0.52% or 330,674 shares. Verus Finance Prtn stated it has 0.17% in Microsoft Corporation (NASDAQ:MSFT). Girard Prtnrs Limited invested 2.39% in Microsoft Corporation (NASDAQ:MSFT). Origin Asset Mgmt Llp invested 2.4% in Microsoft Corporation (NASDAQ:MSFT). National Pension owns 6.23M shares for 2.9% of their portfolio. Tudor Inv Corporation Et Al owns 133,759 shares or 0.38% of their US portfolio.

Since August 31, 2018, it had 0 insider buys, and 10 selling transactions for $54.07 million activity. On Monday, November 5 BROD FRANK H sold $214,363 worth of Microsoft Corporation (NASDAQ:MSFT) or 2,000 shares. Hood Amy also sold $13.09 million worth of Microsoft Corporation (NASDAQ:MSFT) on Friday, August 31. $432,000 worth of Microsoft Corporation (NASDAQ:MSFT) was sold by Capossela Christopher C. Nadella Satya had sold 203,418 shares worth $21.70M on Friday, October 26. Hogan Kathleen T sold $4.06M worth of stock.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “Microsoft (MSFT) Shares Cross Below 200 DMA – Nasdaq” on December 17, 2018, also Nasdaq.com with their article: “Here’s Why Microsoft (MSFT) Stock Looks Like a Buy Right Now – Nasdaq” published on December 11, 2018, Nasdaq.com published: “Microsoft Stock Is Worth Its Relatively High Price – Nasdaq” on January 04, 2019. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Microsoft (MSFT) Debuts Surface Go in India via Flipkart – Nasdaq” published on January 02, 2019 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 01/07/2019: TIVO, AAPL, QTRH, NVDA, MSFT, IBM, CSCO, GOOG – Nasdaq” with publication date: January 07, 2019.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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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CNO Financial Group (NYSE:CNO) Lifted to “Sell” at ValuEngine

Man Group plc grew its stake in shares of CNO Financial Group by 295.6% in the 3rd quarter. Man Group plc now owns 958,378 shares of the …

CNO Financial Group logoCNO Financial Group (NYSE:CNO) was upgraded by research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a report released on Monday, November 12th.

Several other equities analysts have also issued reports on CNO. Zacks Investment Research lowered shares of CNO Financial Group from a “buy” rating to a “hold” rating in a report on Wednesday, October 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 Friday, August 17th. Finally, TheStreet lowered shares of CNO Financial Group from a “b” rating to a “c” rating in a report on Thursday, November 1st. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. CNO Financial Group currently has a consensus rating of “Hold” and a consensus target price of $23.75.

Shares of CNO Financial Group stock traded down $0.29 during trading on Monday, reaching $17.97. 680,176 shares of the stock traded hands, compared to its average volume of 1,022,903. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 8.89 and a beta of 1.14. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.71. CNO Financial Group has a 52-week low of $17.63 and a 52-week high of $26.47.

CNO Financial Group (NYSE:CNO) last announced its quarterly earnings results on Wednesday, October 31st. The financial services provider reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.02. CNO Financial Group had a negative net margin of 8.95% and a positive return on equity of 7.89%. The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $999.03 million. During the same quarter last year, the firm earned $0.59 EPS. The firm’s revenue for the quarter was up 37.2% compared to the same quarter last year. On average, equities analysts expect that CNO Financial Group will post 1.99 EPS for the current fiscal year.

In other news, Director Stephen N. David acquired 2,000 shares of the firm’s stock in a transaction on Monday, November 5th. The stock was acquired at an average price 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 in the company, valued at approximately $364,561. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Matthew J. Zimpfer sold 17,417 shares of the company’s stock in a transaction dated Monday, November 5th. The stock was sold at an average price of $18.46, for a total transaction of $321,517.82. Following the completion of the transaction, the executive vice president now 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. Insiders own 2.30% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in CNO. BlackRock Inc. grew its stake in CNO Financial Group by 17.0% during the 3rd quarter. BlackRock Inc. now owns 19,514,213 shares of the financial services provider’s stock valued at $414,094,000 after acquiring an additional 2,839,109 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in shares of CNO Financial Group by 18.1% in the 2nd quarter. Fuller & Thaler Asset Management Inc. now owns 6,174,450 shares of the financial services provider’s stock valued at $117,562,000 after buying an additional 946,582 shares during the period. Man Group plc grew its stake in shares of CNO Financial Group by 295.6% in the 3rd quarter. Man Group plc now owns 958,378 shares of the financial services provider’s stock valued at $20,337,000 after buying an additional 716,133 shares during the period. Foundry Partners LLC purchased a new stake in shares of CNO Financial Group in the 3rd quarter valued at approximately $11,087,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of CNO Financial Group in the 3rd quarter worth approximately $10,972,000. 93.90% of the stock is owned by institutional investors.

CNO Financial Group Company 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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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for CNO Financial Group (NYSE:CNO)

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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)

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