1,537 Shares in CNA Financial Co. (NYSE:CNA) Purchased by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in CNA Financial Co. (NYSE:CNA) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,537 shares of the insurance provider’s stock, valued at approximately $74,000.

Other large investors have also modified their holdings of the company. Savant Capital LLC grew its holdings in CNA Financial by 2.6% in the fourth quarter. Savant Capital LLC now owns 9,139 shares of the insurance provider’s stock valued at $442,000 after purchasing an additional 230 shares during the period. US Bancorp DE grew its stake in shares of CNA Financial by 7.4% during the 4th quarter. US Bancorp DE now owns 3,703 shares of the insurance provider’s stock valued at $179,000 after buying an additional 254 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of CNA Financial by 29.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,265 shares of the insurance provider’s stock worth $61,000 after buying an additional 286 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of CNA Financial by 16.7% during the 4th quarter. GAMMA Investing LLC now owns 2,051 shares of the insurance provider’s stock worth $99,000 after buying an additional 293 shares during the last quarter. Finally, Quent Capital LLC raised its position in shares of CNA Financial by 28.3% in the 4th quarter. Quent Capital LLC now owns 1,475 shares of the insurance provider’s stock worth $71,000 after buying an additional 325 shares during the period. 98.45% of the stock is currently owned by hedge funds and other institutional investors.

CNA Financial Stock Up 1.2 %

Shares of NYSE CNA opened at $50.84 on Tuesday. The stock has a fifty day moving average price of $49.04 and a 200 day moving average price of $48.86. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.28. CNA Financial Co. has a 12-month low of $42.33 and a 12-month high of $52.36. The company has a market cap of $13.73 billion, a P/E ratio of 14.44, a P/E/G ratio of 9.23 and a beta of 0.68.

CNA Financial (NYSE:CNA) last posted its earnings results on Monday, February 10th. The insurance provider reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.14. CNA Financial had a return on equity of 12.90% and a net margin of 6.72%. 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 disclosed a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Monday, February 24th were paid a dividend of $0.46 per share. The ex-dividend date was Monday, February 24th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.62%. This is a positive change from CNA Financial’s previous quarterly dividend of $0.44. CNA Financial’s dividend payout ratio (DPR) is currently 52.27%.

Insider Transactions at CNA Financial

In other CNA Financial news, Chairman Dino Robusto bought 3,896 shares of the stock in a transaction dated Thursday, March 13th. The stock was bought at an average cost of $47.63 per share, for a total transaction of $185,566.48. Following the completion of the purchase, the chairman now directly owns 724,338 shares of the company’s stock, valued at approximately $34,500,218.94. The trade was a 0.54 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Daniel Paul Franzetti sold 12,991 shares of the business’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $49.06, for a total value of $637,338.46. Following the completion of the transaction, the chief accounting officer now owns 75,612 shares in the company, valued at approximately $3,709,524.72. This trade represents a 14.66 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

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

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.