CNA Financial (NYSE:CNA) was downgraded by stock analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Friday.

Several other equities research analysts have also commented on CNA. Keefe, Bruyette & Woods reissued a “hold” rating and set a $50.00 price target on shares of CNA Financial in a research note on Thursday, August 3rd. BidaskClub raised CNA Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Finally, Zacks Investment Research lowered CNA Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $50.25.

Shares of CNA Financial (CNA) opened at $54.39 on Friday. CNA Financial has a twelve month low of $37.88 and a twelve month high of $55.62. The firm has a market capitalization of $14,510.00, a P/E ratio of 17.14, a price-to-earnings-growth ratio of 3.52 and a beta of 1.34. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.23 and a quick ratio of 0.23.

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

Large investors have recently made changes to their positions in the company. Acrospire Investment Management LLC boosted its stake in shares of CNA Financial by 111.1% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,090 shares of the insurance provider’s stock worth $102,000 after acquiring an additional 1,100 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in shares of CNA Financial by 87.4% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 2,774 shares of the insurance provider’s stock worth $146,000 after acquiring an additional 1,294 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of CNA Financial by 3.6% during the 2nd quarter. Parallel Advisors LLC now owns 3,131 shares of the insurance provider’s stock worth $163,000 after acquiring an additional 110 shares in the last quarter. Magnetar Financial LLC acquired a new position in shares of CNA Financial during the 3rd quarter worth approximately $204,000. Finally, SG Americas Securities LLC raised its position in shares of CNA Financial by 37.9% during the 3rd quarter. SG Americas Securities LLC now owns 4,386 shares of the insurance provider’s stock worth $220,000 after purchasing an additional 1,205 shares during the last quarter. 99.69% of the stock is currently owned by institutional investors and hedge funds.

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About CNA Financial

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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