Blue Trust Inc. Has $49,000 Position in CNA Financial Co. (NYSE:CNA)

Blue Trust Inc. trimmed its position in CNA Financial Co. (NYSE:CNA) by 72.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,016 shares of the insurance provider’s stock after selling 2,619 shares during the period. Blue Trust Inc.’s holdings in CNA Financial were worth $49,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of CNA. New York State Common Retirement Fund increased its position in shares of CNA Financial by 366.7% during the third quarter. New York State Common Retirement Fund now owns 1,401,539 shares of the insurance provider’s stock worth $68,591,000 after acquiring an additional 1,101,217 shares in the last quarter. Jane Street Group LLC increased its holdings in CNA Financial by 158.0% during the 3rd quarter. Jane Street Group LLC now owns 288,443 shares of the insurance provider’s stock worth $14,116,000 after purchasing an additional 176,649 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in shares of CNA Financial in the 3rd quarter valued at about $7,585,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of CNA Financial in the 3rd quarter valued at about $1,668,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of CNA Financial by 6,505.2% in the third quarter. BNP Paribas Financial Markets now owns 30,780 shares of the insurance provider’s stock valued at $1,506,000 after purchasing an additional 30,314 shares in the last quarter. Institutional investors own 98.45% of the company’s stock.

CNA Financial Trading Up 2.3 %

Shares of NYSE:CNA opened at $48.74 on Wednesday. The company has a market capitalization of $13.20 billion, a P/E ratio of 13.85, a P/E/G ratio of 9.23 and a beta of 0.66. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.28 and a quick ratio of 0.28. The business’s 50 day simple moving average is $48.50 and its 200 day simple moving average is $49.10. CNA Financial Co. has a 1 year low of $42.33 and a 1 year high of $52.36.

CNA Financial (NYSE:CNA) last posted its earnings results on Monday, February 10th. The insurance provider reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.14. CNA Financial had a net margin of 6.72% and a return on equity of 12.90%. On average, research analysts anticipate that CNA Financial Co. will post 4.64 EPS for the current fiscal year.

CNA Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Monday, February 24th will be issued a dividend of $0.46 per share. This is a positive change from CNA Financial’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.84 annualized dividend and a yield of 3.78%. CNA Financial’s dividend payout ratio (DPR) is presently 50.00%.

Analyst Upgrades and Downgrades

CNA has been the topic of several analyst reports. StockNews.com cut shares of CNA Financial from a “buy” rating to a “hold” rating in a research 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.

About CNA Financial

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.