Blue Trust Inc. Has $167,000 Stock Position in CNA Financial Co. (NYSE:CNA)

Blue Trust Inc. grew its position in shares of CNA Financial Co. (NYSE:CNA) by 74.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,635 shares of the insurance provider’s stock after acquiring an additional 1,555 shares during the quarter. Blue Trust Inc.’s holdings in CNA Financial were worth $167,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Abich Financial Wealth Management LLC boosted its holdings in shares of CNA Financial by 17.3% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 2,059 shares of the insurance provider’s stock valued at $95,000 after buying an additional 303 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of CNA Financial by 10.4% in the 2nd quarter. Signaturefd LLC now owns 3,897 shares of the insurance provider’s stock valued at $180,000 after buying an additional 366 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of CNA Financial by 36.9% in the 2nd quarter. GAMMA Investing LLC now owns 1,566 shares of the insurance provider’s stock valued at $72,000 after buying an additional 422 shares during the last quarter. AE Wealth Management LLC raised its stake in CNA Financial by 1.1% in the 2nd quarter. AE Wealth Management LLC now owns 39,256 shares of the insurance provider’s stock valued at $1,809,000 after acquiring an additional 431 shares during the period. Finally, Wakefield Asset Management LLLP raised its stake in CNA Financial by 4.5% in the 2nd quarter. Wakefield Asset Management LLLP now owns 10,205 shares of the insurance provider’s stock valued at $470,000 after acquiring an additional 440 shares during the period. Institutional investors and hedge funds own 98.45% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods increased 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 increased 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.

CNA Financial Stock Down 1.9 %

CNA stock opened at $48.58 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.27 and a quick ratio of 0.27. The stock has a market capitalization of $13.18 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 3.31 and a beta of 0.64. The business’s fifty day moving average price is $49.85 and its two-hundred day moving average price is $47.09. CNA Financial Co. has a fifty-two week low of $38.32 and a fifty-two week high of $52.36.

CNA Financial (NYSE:CNA) last posted its quarterly earnings data on Monday, July 29th. The insurance provider reported $1.19 earnings per share for the quarter, hitting the consensus estimate of $1.19. CNA Financial had a return on equity of 14.02% and a net margin of 9.27%. The firm had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.08 billion. During the same quarter last year, the business earned $1.13 EPS. On average, equities analysts anticipate that CNA Financial Co. will post 4.85 earnings per share for the current year.

CNA Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Monday, August 12th were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend was Monday, August 12th. CNA Financial’s payout ratio is currently 38.43%.

Insider Buying and Selling

In related news, EVP Jane Elizabeth Possell sold 4,444 shares of the firm’s stock in a transaction 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 transaction, the executive vice president now owns 30,009 shares in the company, valued at approximately $1,442,832.72. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, EVP Mark Steven James sold 18,547 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $50.58, for a total value of $938,107.26. Following the sale, the executive vice president now directly owns 22,917 shares of the company’s stock, valued at $1,159,141.86. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Jane Elizabeth Possell sold 4,444 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $48.08, for a total value of $213,667.52. Following the completion of the sale, the executive vice president now directly owns 30,009 shares in the company, valued at $1,442,832.72. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 49,151 shares of company stock worth $2,449,311. Company insiders own 0.30% of the company’s stock.

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.