Allspring Global Investments Holdings LLC Has $432,000 Stock Holdings in CNA Financial Co. (NYSE:CNA)

Allspring Global Investments Holdings LLC boosted its stake in shares of CNA Financial Co. (NYSE:CNA) by 2,130.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 8,834 shares of the insurance provider’s stock after buying an additional 8,438 shares during the period. Allspring Global Investments Holdings LLC’s holdings in CNA Financial were worth $432,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of CNA. AQR Capital Management LLC grew its stake in shares of CNA Financial by 97.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,152,528 shares of the insurance provider’s stock worth $51,760,000 after acquiring an additional 570,172 shares in the last quarter. Rhumbline Advisers boosted its position in CNA Financial by 570.6% during the second quarter. Rhumbline Advisers now owns 529,862 shares of the insurance provider’s stock worth $24,411,000 after purchasing an additional 450,843 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of CNA Financial by 45.5% during the second quarter. Bank of New York Mellon Corp now owns 1,068,956 shares of the insurance provider’s stock worth $49,247,000 after buying an additional 334,463 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of CNA Financial by 786.5% during the second quarter. American Century Companies Inc. now owns 153,669 shares of the insurance provider’s stock worth $7,080,000 after buying an additional 136,334 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC acquired a new stake in shares of CNA Financial during the third quarter worth $6,093,000. 98.45% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on CNA shares. Keefe, Bruyette & Woods boosted their price target on CNA Financial from $48.00 to $53.00 and gave the company a “market perform” rating in a research note on Thursday, August 1st. Bank of America boosted their price target on CNA Financial from $45.00 to $48.00 and gave the company an “underperform” rating in a research note on Thursday, October 10th.

Insiders Place Their Bets

In other news, EVP Jane Elizabeth Possell sold 4,444 shares of the business’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $48.08, for a total transaction of $213,667.52. Following the sale, the executive vice president now directly owns 30,009 shares in the company, valued at approximately $1,442,832.72. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, EVP Jane Elizabeth Possell sold 4,444 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $48.08, for a total value of $213,667.52. Following the sale, the executive vice president now directly owns 30,009 shares in the company, valued at $1,442,832.72. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Elizabeth Ann Aguinaga sold 26,160 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $49.60, for a total value of $1,297,536.00. Following the completion of the sale, the executive vice president now owns 47,744 shares in the company, valued at $2,368,102.40. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 49,151 shares of company stock valued at $2,449,311. 0.30% of the stock is currently owned by corporate insiders.

CNA Financial Stock Down 0.8 %

CNA stock opened at $47.51 on Friday. The company has a market cap of $12.87 billion, a PE ratio of 10.09, a price-to-earnings-growth ratio of 3.40 and a beta of 0.64. The business has a 50-day simple moving average of $49.69 and a 200 day simple moving average of $47.23. CNA Financial Co. has a 52 week low of $38.32 and a 52 week high of $52.36. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.30.

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.