CNA Financial Corporation $CNA Shares Sold by Measured Wealth Private Client Group LLC

Measured Wealth Private Client Group LLC cut its stake in shares of CNA Financial Corporation (NYSE:CNA) by 48.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,970 shares of the insurance provider’s stock after selling 7,391 shares during the quarter. Measured Wealth Private Client Group LLC’s holdings in CNA Financial were worth $371,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CNA. NINE MASTS CAPITAL Ltd acquired a new position in CNA Financial during the 2nd quarter valued at approximately $1,153,000. Pacifica Capital Investments LLC increased its position in CNA Financial by 7.1% in the second quarter. Pacifica Capital Investments LLC now owns 25,319 shares of the insurance provider’s stock worth $1,178,000 after buying an additional 1,675 shares during the period. Hsbc Holdings PLC lifted its stake in CNA Financial by 277.4% in the second quarter. Hsbc Holdings PLC now owns 260,143 shares of the insurance provider’s stock valued at $12,042,000 after buying an additional 191,214 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of CNA Financial by 145.6% during the second quarter. Russell Investments Group Ltd. now owns 214,575 shares of the insurance provider’s stock valued at $9,984,000 after acquiring an additional 127,223 shares during the period. Finally, Inceptionr LLC acquired a new position in shares of CNA Financial during the second quarter valued at $758,000. 98.45% of the stock is currently owned by institutional investors and hedge funds.

CNA Financial Trading Up 0.4%

Shares of CNA Financial stock opened at $46.91 on Friday. The business has a fifty day simple moving average of $45.82 and a 200-day simple moving average of $46.35. The firm has a market cap of $12.70 billion, a price-to-earnings ratio of 14.61, a price-to-earnings-growth ratio of 3.86 and a beta of 0.50. CNA Financial Corporation has a fifty-two week low of $43.29 and a fifty-two week high of $51.42. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.23.

CNA Financial (NYSE:CNA) last posted its quarterly earnings data on Monday, November 3rd. The insurance provider reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.25. The company had revenue of $3.82 billion during the quarter, compared to analyst estimates of $2.84 billion. CNA Financial had a net margin of 5.99% and a return on equity of 11.85%. During the same quarter last year, the firm posted $1.08 EPS. On average, equities analysts forecast that CNA Financial Corporation will post 4.64 EPS for the current fiscal year.

CNA Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Monday, November 17th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Monday, November 17th. CNA Financial’s dividend payout ratio is 50.41%.

Analyst Ratings Changes

CNA has been the subject of a number of analyst reports. Wall Street Zen raised shares of CNA Financial from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of CNA Financial in a research note on Tuesday. Finally, Zacks Research upgraded shares of CNA Financial from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $53.00.

Insider Buying and Selling at CNA Financial

In other news, Chairman Dino Robusto sold 6,250 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $45.28, for a total transaction of $283,000.00. Following the completion of the sale, the chairman directly owned 674,338 shares of the company’s stock, valued at $30,534,024.64. This represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Scott R. Lindquist sold 8,380 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $48.98, for a total value of $410,452.40. Following the completion of the transaction, the chief financial officer owned 81,487 shares of the company’s stock, valued at $3,991,233.26. This trade represents a 9.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 37,130 shares of company stock valued at $1,776,865. Corporate insiders own 0.36% of the company’s stock.

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.