CNA Financial Co. (NYSE:CNA) Shares Bought by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC raised its stake in shares of CNA Financial Co. (NYSE:CNA) by 94.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,684 shares of the insurance provider’s stock after purchasing an additional 8,119 shares during the period. Impact Partnership Wealth LLC’s holdings in CNA Financial were worth $807,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CNA. HighTower Advisors LLC lifted its position in shares of CNA Financial by 107.1% in the third quarter. HighTower Advisors LLC now owns 22,172 shares of the insurance provider’s stock valued at $1,066,000 after acquiring an additional 11,468 shares in the last quarter. AQR Capital Management LLC raised its stake in CNA Financial by 97.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,152,528 shares of the insurance provider’s stock valued at $51,760,000 after purchasing an additional 570,172 shares during the last quarter. Creative Planning lifted its holdings in CNA Financial by 16.5% in the 3rd quarter. Creative Planning now owns 16,067 shares of the insurance provider’s stock valued at $786,000 after purchasing an additional 2,272 shares in the last quarter. Hsbc Holdings PLC boosted its stake in CNA Financial by 178.9% during the 2nd quarter. Hsbc Holdings PLC now owns 76,136 shares of the insurance provider’s stock worth $3,505,000 after purchasing an additional 48,837 shares during the last quarter. Finally, Quest Partners LLC grew its holdings in shares of CNA Financial by 69.3% during the third quarter. Quest Partners LLC now owns 26,737 shares of the insurance provider’s stock worth $1,309,000 after buying an additional 10,940 shares in the last quarter. 98.45% of the stock is currently owned by institutional investors and hedge funds.

CNA Financial Stock Down 0.1 %

CNA opened at $48.12 on Friday. The business’s 50-day simple moving average is $48.60 and its 200-day simple moving average is $48.89. The stock has a market capitalization of $13.03 billion, a P/E ratio of 10.03, a price-to-earnings-growth ratio of 6.02 and a beta of 0.67. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.26 and a current ratio of 0.26. CNA Financial Co. has a one year low of $42.33 and a one year high of $52.36.

CNA Financial (NYSE:CNA) last posted its quarterly earnings data on Monday, November 4th. The insurance provider reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.01. CNA Financial had a return on equity of 13.30% and a net margin of 9.26%. The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.15 billion. During the same period in the prior year, the company earned $1.06 earnings per share. Analysts anticipate that CNA Financial Co. will post 4.68 EPS for the current year.

CNA Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were paid a dividend of $0.44 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.76 annualized dividend and a dividend yield of 3.66%. CNA Financial’s dividend payout ratio (DPR) is 36.67%.

Insider Buying and Selling

In other CNA Financial news, EVP Douglas Worman sold 22,973 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $48.75, for a total transaction of $1,119,933.75. Following the completion of the sale, the executive vice president now directly owns 133,777 shares of the company’s stock, valued at approximately $6,521,628.75. This trade represents a 14.66 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on CNA. Keefe, Bruyette & Woods decreased their price target on shares of CNA Financial from $55.00 to $54.00 and set a “market perform” rating on the stock in a research note on Friday, January 10th. Bank of America upped 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. Finally, StockNews.com raised shares of CNA Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th.

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.