Stevens Capital Management LP increased its holdings in shares of CNA Financial Corporation (NYSE:CNA) by 412.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,437 shares of the insurance provider’s stock after acquiring an additional 18,861 shares during the quarter. Stevens Capital Management LP’s holdings in CNA Financial Corporation were worth $1,178,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of CNA. Robeco Institutional Asset Management B.V. increased its holdings in shares of CNA Financial Corporation by 859.0% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 702,238 shares of the insurance provider’s stock worth $34,232,000 after acquiring an additional 629,013 shares during the last quarter. Harbour Capital Advisors LLC increased its holdings in shares of CNA Financial Corporation by 4,775.0% during the 2nd quarter. Harbour Capital Advisors LLC now owns 227,565 shares of the insurance provider’s stock worth $4,668,000 after acquiring an additional 222,897 shares during the last quarter. Koch Industries Inc. acquired a new position in shares of CNA Financial Corporation during the 2nd quarter worth approximately $203,000. First Trust Advisors LP increased its holdings in shares of CNA Financial Corporation by 26.1% during the 3rd quarter. First Trust Advisors LP now owns 770,306 shares of the insurance provider’s stock worth $38,708,000 after acquiring an additional 159,401 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of CNA Financial Corporation by 122.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 254,611 shares of the insurance provider’s stock worth $11,246,000 after acquiring an additional 139,997 shares during the last quarter. 99.81% of the stock is currently owned by institutional investors and hedge funds.

CNA Financial Corporation (NYSE:CNA) opened at $54.42 on Tuesday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.22. CNA Financial Corporation has a 1-year low of $37.88 and a 1-year high of $55.62. The company has a market capitalization of $14,722.19, a price-to-earnings ratio of 17.24, a price-to-earnings-growth ratio of 3.54 and a beta of 1.34.

CNA Financial Corporation (NYSE:CNA) last issued its quarterly earnings data on Monday, October 30th. The insurance provider reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.27). The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.37 billion. CNA Financial Corporation had a net margin of 9.67% and a return on equity of 7.14%. During the same period in the prior year, the company earned $1.15 earnings per share. equities research analysts predict that CNA Financial Corporation will post 3.07 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 29th. Stockholders of record on Monday, November 13th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.21%. CNA Financial Corporation’s payout ratio is 35.50%.

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A number of research analysts have commented on CNA shares. BidaskClub lowered CNA Financial Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $50.00 price objective on shares of CNA Financial Corporation in a report on Thursday, August 3rd. ValuEngine raised CNA Financial Corporation from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Finally, Zacks Investment Research lowered CNA Financial Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. CNA Financial Corporation currently has an average rating of “Hold” and a consensus price target of $50.50.

CNA Financial Corporation Profile

CNA Financial Corporation is an insurance holding company. The Company’s segments include Specialty, Commercial, International, Life & Group Non-Core, and Corporate & Other Non-Core. Its Specialty segment provides a range of professional, financial, and specialty property, and casualty products and services.

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Institutional Ownership by Quarter for CNA Financial Corporation (NYSE:CNA)

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