Vident Investment Advisory LLC lifted its stake in CNO Financial Group (NYSE:CNO) by 6.5% during the 4th quarter, Holdings Channel reports. The fund owned 125,470 shares of the financial services provider’s stock after purchasing an additional 7,667 shares during the quarter. Vident Investment Advisory LLC’s holdings in CNO Financial Group were worth $3,098,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of CNO Financial Group by 1.1% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 5,840,902 shares of the financial services provider’s stock worth $136,327,000 after acquiring an additional 61,252 shares during the last quarter. LSV Asset Management increased its stake in CNO Financial Group by 1.6% during the 4th quarter. LSV Asset Management now owns 5,463,286 shares of the financial services provider’s stock worth $134,888,000 after buying an additional 86,700 shares during the period. Bank of New York Mellon Corp increased its stake in CNO Financial Group by 8.7% during the 4th quarter. Bank of New York Mellon Corp now owns 4,063,845 shares of the financial services provider’s stock worth $100,337,000 after buying an additional 324,088 shares during the period. Paradice Investment Management LLC increased its stake in CNO Financial Group by 2.4% during the 3rd quarter. Paradice Investment Management LLC now owns 3,746,861 shares of the financial services provider’s stock worth $87,452,000 after buying an additional 88,639 shares during the period. Finally, Wells Fargo & Company MN increased its stake in CNO Financial Group by 7.1% during the 4th quarter. Wells Fargo & Company MN now owns 2,840,704 shares of the financial services provider’s stock worth $70,137,000 after buying an additional 187,603 shares during the period. Hedge funds and other institutional investors own 97.09% of the company’s stock.

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Shares of CNO Financial Group stock opened at $22.91 on Monday. CNO Financial Group has a 52 week low of $19.37 and a 52 week high of $26.47. The firm has a market cap of $3,823.13, a P/E ratio of 22.68, a P/E/G ratio of 1.13 and a beta of 1.14. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.53.

CNO Financial Group (NYSE:CNO) last announced its quarterly earnings data on Tuesday, February 13th. The financial services provider reported $0.61 EPS for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.20. CNO Financial Group had a net margin of 4.09% and a return on equity of 6.63%. The company had revenue of $1.09 billion for the quarter. analysts predict that CNO Financial Group will post 2.03 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Shareholders of record on Friday, March 9th will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Thursday, March 8th. CNO Financial Group’s dividend payout ratio is presently 35.64%.

Several brokerages recently weighed in on CNO. William Blair began coverage on shares of CNO Financial Group in a research note on Monday, March 12th. They set an “outperform” rating on the stock. ValuEngine raised shares of CNO Financial Group from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. Zacks Investment Research raised shares of CNO Financial Group from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research note on Wednesday, January 10th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $24.00 target price on shares of CNO Financial Group in a research note on Thursday, December 21st. Finally, Wells Fargo set a $25.00 target price on shares of CNO Financial Group and gave the stock a “hold” rating in a research note on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. CNO Financial Group presently has a consensus rating of “Buy” and an average target price of $24.17.

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CNO Financial Group Profile

CNO Financial Group, Inc, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off segments.

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

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