Paradice Investment Management LLC decreased its holdings in shares of CNO Financial Group Inc (NYSE:CNO) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,655,184 shares of the financial services provider’s stock after selling 91,677 shares during the quarter. CNO Financial Group makes up about 6.6% of Paradice Investment Management LLC’s portfolio, making the stock its 2nd largest position. Paradice Investment Management LLC’s holdings in CNO Financial Group were worth $90,246,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in CNO. ClariVest Asset Management LLC bought a new stake in CNO Financial Group during the 3rd quarter valued at approximately $8,198,000. APG Asset Management N.V. boosted its stake in CNO Financial Group by 264.3% during the 4th quarter. APG Asset Management N.V. now owns 453,500 shares of the financial services provider’s stock valued at $9,325,000 after purchasing an additional 329,000 shares during the period. Nordea Investment Management AB bought a new stake in CNO Financial Group during the 3rd quarter valued at approximately $6,409,000. Schwab Charles Investment Management Inc. boosted its stake in CNO Financial Group by 16.2% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,428,613 shares of the financial services provider’s stock valued at $35,273,000 after purchasing an additional 199,608 shares during the period. Finally, FMR LLC boosted its stake in CNO Financial Group by 77.8% during the 2nd quarter. FMR LLC now owns 418,309 shares of the financial services provider’s stock valued at $8,734,000 after purchasing an additional 183,009 shares during the period. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Shares of CNO Financial Group Inc (NYSE CNO) opened at $24.59 on Thursday. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.52. CNO Financial Group Inc has a 52-week low of $18.67 and a 52-week high of $26.47. The company has a market capitalization of $4,178.96, a P/E ratio of 8.88, a price-to-earnings-growth ratio of 1.27 and a beta of 1.20.

CNO Financial Group (NYSE:CNO) last announced its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.45 EPS for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.06. CNO Financial Group had a return on equity of 5.88% and a net margin of 11.41%. The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1 billion. During the same quarter last year, the company earned $0.37 EPS. The company’s quarterly revenue was up 6.2% on a year-over-year basis. sell-side analysts expect that CNO Financial Group Inc will post 1.65 earnings per share for the current fiscal year.

CNO has been the subject of several recent analyst reports. Keefe, Bruyette & Woods restated a “hold” rating and set a $24.00 target price on shares of CNO Financial Group in a research note on Thursday, December 21st. B. Riley restated a “buy” rating on shares of CNO Financial Group in a research note on Monday, November 6th. Wells Fargo & Co set a $22.00 target price on CNO Financial Group and gave the company a “hold” rating in a research note on Wednesday, October 25th. Zacks Investment Research downgraded CNO Financial Group from a “buy” rating to a “hold” rating in a research note on Monday, October 9th. Finally, Goldman Sachs Group initiated coverage on CNO Financial Group in a research note on Wednesday, October 18th. They set a “neutral” rating and a $24.00 target price for the company. One research analyst has rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $23.67.

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CNO Financial Group Company Profile

CNO Financial Group, Inc is a holding company for a group of insurance companies operating throughout the United States that develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. The Company’s segments include Bankers Life, Washington National and Colonial Penn.

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Institutional Ownership by Quarter for CNO Financial Group (NYSE:CNO)

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