Vanguard Personalized Indexing Management LLC Has $477,000 Stake in CNA Financial Co. (NYSE:CNA)

Vanguard Personalized Indexing Management LLC grew its stake in CNA Financial Co. (NYSE:CNA) by 12.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,355 shares of the insurance provider’s stock after purchasing an additional 1,183 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in CNA Financial were worth $477,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CNA. Rhumbline Advisers grew its position in CNA Financial by 570.6% during the 2nd quarter. Rhumbline Advisers now owns 529,862 shares of the insurance provider’s stock worth $24,411,000 after acquiring an additional 450,843 shares during the last quarter. Norges Bank acquired a new stake in shares of CNA Financial during the fourth quarter valued at about $14,296,000. Bank of New York Mellon Corp increased its stake in shares of CNA Financial by 45.5% in the second quarter. Bank of New York Mellon Corp now owns 1,068,956 shares of the insurance provider’s stock valued at $49,247,000 after buying an additional 334,463 shares during the period. American Century Companies Inc. raised its holdings in CNA Financial by 786.5% in the 2nd quarter. American Century Companies Inc. now owns 153,669 shares of the insurance provider’s stock valued at $7,080,000 after buying an additional 136,334 shares during the last quarter. Finally, Edgestream Partners L.P. boosted its position in CNA Financial by 229.0% during the 1st quarter. Edgestream Partners L.P. now owns 113,901 shares of the insurance provider’s stock worth $5,173,000 after buying an additional 79,280 shares during the period. 98.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods upped their price target on shares of CNA Financial from $48.00 to $53.00 and gave the company a “market perform” rating in a research report on Thursday, August 1st.

CNA Financial Trading Up 0.1 %

NYSE CNA opened at $48.90 on Friday. The firm has a market capitalization of $13.27 billion, a PE ratio of 10.68, a price-to-earnings-growth ratio of 3.39 and a beta of 0.65. The business’s 50-day moving average price is $49.64 and its two-hundred day moving average price is $46.42. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.30. CNA Financial Co. has a 12 month low of $37.95 and a 12 month high of $52.36.

CNA Financial (NYSE:CNA) last announced its earnings results on Monday, July 29th. The insurance provider reported $1.19 EPS for the quarter, meeting the consensus estimate of $1.19. CNA Financial had a return on equity of 14.02% and a net margin of 9.27%. The business had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.08 billion. During the same period in the prior year, the business posted $1.13 earnings per share. On average, analysts expect that CNA Financial Co. will post 4.87 EPS for the current year.

CNA Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Monday, August 12th were paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date of this dividend was Monday, August 12th. CNA Financial’s dividend payout ratio is presently 38.43%.

Insider Activity at CNA Financial

In other CNA Financial news, EVP Mark Steven James sold 18,547 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $50.58, for a total transaction of $938,107.26. Following the completion of the sale, the executive vice president now directly owns 22,917 shares in the company, valued at approximately $1,159,141.86. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other CNA Financial news, EVP Mark Steven James sold 18,547 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $50.58, for a total transaction of $938,107.26. Following the transaction, the executive vice president now directly owns 22,917 shares in the company, valued at approximately $1,159,141.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Jane Elizabeth Possell sold 4,444 shares of CNA Financial stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $48.08, for a total transaction of $213,667.52. Following the completion of the sale, the executive vice president now owns 30,009 shares of the company’s stock, valued at approximately $1,442,832.72. The disclosure for this sale can be found here. Insiders have sold a total of 49,151 shares of company stock worth $2,449,311 over the last quarter. 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.