CNA Financial Co. (NYSE:CNA) Shares Bought by Savant Capital LLC

Savant Capital LLC boosted its position in shares of CNA Financial Co. (NYSE:CNA) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,139 shares of the insurance provider’s stock after buying an additional 230 shares during the period. Savant Capital LLC’s holdings in CNA Financial were worth $442,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. New York State Common Retirement Fund increased its holdings in shares of CNA Financial by 366.7% in the third quarter. New York State Common Retirement Fund now owns 1,401,539 shares of the insurance provider’s stock valued at $68,591,000 after purchasing an additional 1,101,217 shares during the period. River Road Asset Management LLC increased its holdings in shares of CNA Financial by 0.6% in the third quarter. River Road Asset Management LLC now owns 1,012,492 shares of the insurance provider’s stock valued at $49,551,000 after purchasing an additional 5,539 shares during the period. Jane Street Group LLC increased its holdings in shares of CNA Financial by 158.0% in the third quarter. Jane Street Group LLC now owns 288,443 shares of the insurance provider’s stock valued at $14,116,000 after purchasing an additional 176,649 shares during the period. Edgestream Partners L.P. acquired a new position in shares of CNA Financial in the third quarter valued at approximately $7,585,000. Finally, Cyndeo Wealth Partners LLC increased its holdings in shares of CNA Financial by 6.2% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 132,259 shares of the insurance provider’s stock valued at $6,397,000 after purchasing an additional 7,767 shares during the period. Institutional investors and hedge funds own 98.45% of the company’s stock.

CNA Financial Stock Down 1.4 %

CNA Financial stock opened at $48.65 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.26 and a quick ratio of 0.26. CNA Financial Co. has a 1-year low of $42.33 and a 1-year high of $52.36. The company has a market cap of $13.18 billion, a PE ratio of 10.14 and a beta of 0.66. The stock’s 50 day moving average price is $48.45 and its 200 day moving average price is $49.08.

CNA Financial (NYSE:CNA) last posted its quarterly earnings results on Monday, February 10th. The insurance provider reported $1.25 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.14. CNA Financial had a return on equity of 13.30% and a net margin of 9.26%. On average, sell-side analysts predict that CNA Financial Co. will post 4.68 EPS for the current fiscal year.

CNA Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Monday, February 24th will be paid a $0.46 dividend. The ex-dividend date is Monday, February 24th. This is an increase from CNA Financial’s previous quarterly dividend of $0.44. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.78%. CNA Financial’s payout ratio is 36.67%.

Wall Street Analyst Weigh In

CNA has been the topic of a number of recent research reports. StockNews.com lowered CNA Financial from a “buy” rating to a “hold” rating in a report on Tuesday, February 11th. Keefe, Bruyette & Woods dropped their target price on CNA Financial from $54.00 to $53.00 and set a “market perform” rating on the stock in a report on Wednesday, February 12th.

CNA Financial 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.