Choreo LLC Has $501,000 Stock Holdings in CNO Financial Group, Inc. (NYSE:CNO)

Choreo LLC lowered its position in shares of CNO Financial Group, Inc. (NYSE:CNO) by 11.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,489 shares of the financial services provider’s stock after selling 1,699 shares during the quarter. Choreo LLC’s holdings in CNO Financial Group were worth $501,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Creative Planning boosted its holdings in CNO Financial Group by 7.2% during the second quarter. Creative Planning now owns 11,007 shares of the financial services provider’s stock worth $305,000 after purchasing an additional 742 shares during the last quarter. GAMMA Investing LLC lifted its position in CNO Financial Group by 141.8% during the 3rd quarter. GAMMA Investing LLC now owns 1,985 shares of the financial services provider’s stock worth $70,000 after buying an additional 1,164 shares in the last quarter. CWM LLC boosted its stake in shares of CNO Financial Group by 53.0% during the 3rd quarter. CWM LLC now owns 1,750 shares of the financial services provider’s stock worth $61,000 after buying an additional 606 shares during the last quarter. Trust Point Inc. bought a new position in shares of CNO Financial Group in the 3rd quarter valued at about $217,000. Finally, Net Worth Advisory Group acquired a new stake in shares of CNO Financial Group in the third quarter valued at about $344,000. 95.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Royal Bank of Canada increased their price target on CNO Financial Group from $40.00 to $45.00 and gave the company an “outperform” rating in a research report on Monday. BMO Capital Markets began coverage on CNO Financial Group in a report on Thursday, January 23rd. They issued a “market perform” rating and a $38.00 price objective for the company. Piper Sandler restated an “overweight” rating and set a $46.00 target price (up from $44.00) on shares of CNO Financial Group in a report on Monday. Finally, Jefferies Financial Group increased their price target on shares of CNO Financial Group from $36.00 to $41.00 and gave the company a “hold” rating in a research note on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, CNO Financial Group presently has a consensus rating of “Hold” and a consensus target price of $38.33.

Insiders Place Their Bets

In other CNO Financial Group news, CIO Eric R. Johnson sold 3,978 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $39.09, for a total value of $155,500.02. Following the completion of the sale, the executive now owns 631,844 shares of the company’s stock, valued at $24,698,781.96. The trade was a 0.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CMO Rocco F. Tarasi III sold 1,484 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $38.02, for a total transaction of $56,421.68. Following the transaction, the chief marketing officer now owns 79,896 shares in the company, valued at approximately $3,037,645.92. The trade was a 1.82 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,962 shares of company stock worth $380,717 over the last three months. Insiders own 3.00% of the company’s stock.

CNO Financial Group Stock Down 0.4 %

CNO stock opened at $41.02 on Wednesday. CNO Financial Group, Inc. has a 1-year low of $24.92 and a 1-year high of $41.54. The business’s 50 day simple moving average is $38.31 and its 200 day simple moving average is $36.29. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 1.50. The firm has a market capitalization of $4.23 billion, a PE ratio of 10.97 and a beta of 1.04.

CNO Financial Group (NYSE:CNO) last released its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.31 EPS for the quarter, beating the consensus estimate of $1.06 by $0.25. CNO Financial Group had a net margin of 9.08% and a return on equity of 17.21%. As a group, research analysts anticipate that CNO Financial Group, Inc. will post 3.79 EPS for the current year.

CNO Financial Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 10th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $0.64 annualized dividend and a yield of 1.56%. CNO Financial Group’s dividend payout ratio (DPR) is presently 17.11%.

CNO Financial Group Company Profile

CNO Financial Group, Inc, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, insurance products, and financial services for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face.