Vanguard Personalized Indexing Management LLC Purchases 1,910 Shares of CNO Financial Group, Inc. $CNO

Vanguard Personalized Indexing Management LLC increased its position in shares of CNO Financial Group, Inc. (NYSE:CNO) by 8.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 25,899 shares of the financial services provider’s stock after acquiring an additional 1,910 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in CNO Financial Group were worth $999,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Neo Ivy Capital Management bought a new stake in CNO Financial Group during the 1st quarter worth $28,000. Geneos Wealth Management Inc. grew its position in CNO Financial Group by 637.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,438 shares of the financial services provider’s stock worth $60,000 after acquiring an additional 1,243 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in CNO Financial Group during the 1st quarter worth $92,000. GAMMA Investing LLC grew its position in CNO Financial Group by 25.0% during the 1st quarter. GAMMA Investing LLC now owns 2,861 shares of the financial services provider’s stock worth $119,000 after acquiring an additional 572 shares during the last quarter. Finally, CWM LLC grew its position in CNO Financial Group by 27.7% during the 1st quarter. CWM LLC now owns 3,007 shares of the financial services provider’s stock worth $125,000 after acquiring an additional 653 shares during the last quarter. Institutional investors own 95.43% of the company’s stock.

CNO Financial Group Stock Up 1.0%

Shares of NYSE:CNO opened at $38.89 on Monday. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of 14.35 and a beta of 0.90. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.17 and a quick ratio of 0.17. The business’s 50-day moving average is $39.20 and its 200-day moving average is $38.19. CNO Financial Group, Inc. has a 1 year low of $34.10 and a 1 year high of $43.20.

CNO Financial Group (NYSE:CNO) last announced its quarterly earnings data on Friday, May 19th. The financial services provider reported $0.84 earnings per share (EPS) for the quarter. The company had revenue of $968.30 million for the quarter. CNO Financial Group had a return on equity of 16.63% and a net margin of 6.41%. Equities research analysts predict that CNO Financial Group, Inc. will post 3.83 earnings per share for the current year.

CNO Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, September 10th. CNO Financial Group’s dividend payout ratio is 25.09%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on CNO shares. Weiss Ratings restated a “buy (b)” rating on shares of CNO Financial Group in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods lifted their target price on CNO Financial Group from $44.00 to $45.00 and gave the stock a “market perform” rating in a report on Thursday, October 9th. Finally, Wall Street Zen downgraded CNO Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, CNO Financial Group presently has a consensus rating of “Moderate Buy” and an average price target of $43.60.

CNO Financial Group Profile

CNO Financial Group, Inc, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, insurance products, and financial services for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face.