CNA Financial Co. (NYSE:CNA) Shares Acquired by Regal Investment Advisors LLC

Regal Investment Advisors LLC increased its holdings in CNA Financial Co. (NYSE:CNA) by 49.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,140 shares of the insurance provider’s stock after buying an additional 3,339 shares during the period. Regal Investment Advisors LLC’s holdings in CNA Financial were worth $490,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. HighTower Advisors LLC grew 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 purchasing an additional 11,468 shares during the last quarter. Barclays PLC grew its holdings in CNA Financial by 108.7% during the 3rd quarter. Barclays PLC now owns 31,444 shares of the insurance provider’s stock valued at $1,539,000 after buying an additional 16,377 shares during the last quarter. Wellington Management Group LLP increased its position in CNA Financial by 43.9% during the third quarter. Wellington Management Group LLP now owns 41,051 shares of the insurance provider’s stock worth $2,009,000 after buying an additional 12,528 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of CNA Financial by 66.0% in the fourth quarter. Bank of New York Mellon Corp now owns 1,177,110 shares of the insurance provider’s stock worth $56,937,000 after acquiring an additional 468,058 shares during the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of CNA Financial in the fourth quarter valued at $255,000. 98.45% of the stock is owned by institutional investors and hedge funds.

CNA Financial Trading Down 1.1 %

Shares of CNA opened at $47.78 on Thursday. CNA Financial Co. has a fifty-two week low of $42.33 and a fifty-two week high of $52.36. The stock has a fifty day moving average of $48.73 and a two-hundred day moving average of $48.73. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.28 and a current ratio of 0.28. The company has a market capitalization of $12.91 billion, a PE ratio of 13.57, a price-to-earnings-growth ratio of 9.23 and a beta of 0.47.

CNA Financial (NYSE:CNA) last released its earnings results on Monday, February 10th. The insurance provider reported $1.25 EPS for the quarter, beating the consensus estimate of $1.11 by $0.14. CNA Financial had a return on equity of 12.90% and a net margin of 6.72%. As a group, analysts forecast that CNA Financial Co. will post 4.64 EPS for the current year.

CNA Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Monday, February 24th were given a $0.46 dividend. The ex-dividend date of this dividend was Monday, February 24th. This is a boost from CNA Financial’s previous quarterly dividend of $0.44. This represents a $1.84 annualized dividend and a dividend yield of 3.85%. CNA Financial’s dividend payout ratio (DPR) is currently 52.27%.

Insider Activity at CNA Financial

In other CNA Financial news, Chairman Dino Robusto sold 6,250 shares of CNA Financial stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $51.06, for a total value of $319,125.00. Following the transaction, the chairman now owns 718,088 shares in the company, valued at $36,665,573.28. This trade represents a 0.86 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Daniel Paul Franzetti sold 12,991 shares of the company’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $49.06, for a total value of $637,338.46. Following the sale, the chief accounting officer now owns 75,612 shares of the company’s stock, valued at approximately $3,709,524.72. The trade was a 14.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 25,491 shares of company stock worth $1,261,838. 0.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on CNA. StockNews.com cut CNA Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Keefe, Bruyette & Woods lowered their price target on shares of CNA Financial from $54.00 to $53.00 and set a “market perform” rating for the company in a report on Wednesday, February 12th.

CNA Financial Company 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.