CNA Financial Co. (NYSE:CNA) Shares Sold by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC lowered its position in shares of CNA Financial Co. (NYSE:CNA) by 2.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,565 shares of the insurance provider’s stock after selling 230 shares during the quarter. Impact Partnership Wealth LLC’s holdings in CNA Financial were worth $419,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Fairscale Capital LLC bought a new position in shares of CNA Financial during the 2nd quarter valued at about $55,000. GAMMA Investing LLC increased its holdings in shares of CNA Financial by 36.9% in the second quarter. GAMMA Investing LLC now owns 1,566 shares of the insurance provider’s stock valued at $72,000 after buying an additional 422 shares in the last quarter. Abich Financial Wealth Management LLC lifted its position in shares of CNA Financial by 39.1% during the 1st quarter. Abich Financial Wealth Management LLC now owns 1,756 shares of the insurance provider’s stock valued at $80,000 after acquiring an additional 494 shares during the last quarter. Covestor Ltd boosted its stake in shares of CNA Financial by 82.0% during the 1st quarter. Covestor Ltd now owns 1,971 shares of the insurance provider’s stock worth $90,000 after acquiring an additional 888 shares in the last quarter. Finally, Whittier Trust Co. acquired a new position in shares of CNA Financial in the 2nd quarter worth $92,000. 98.45% of the stock is owned by institutional investors and hedge funds.

CNA Financial Stock Down 0.1 %

Shares of CNA traded down $0.05 during mid-day trading on Thursday, reaching $49.59. The company’s stock had a trading volume of 6,604 shares, compared to its average volume of 276,248. The company has a market cap of $13.45 billion, a price-to-earnings ratio of 10.83, a price-to-earnings-growth ratio of 3.31 and a beta of 0.64. The business has a fifty day moving average of $49.86 and a 200 day moving average of $47.02. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.30. CNA Financial Co. has a 1 year low of $38.32 and a 1 year high of $52.36.

CNA Financial (NYSE:CNA) last announced its quarterly earnings data on Monday, July 29th. The insurance provider reported $1.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.19. CNA Financial had a return on equity of 14.02% and a net margin of 9.27%. The firm had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.08 billion. During the same period in the prior year, the business earned $1.13 EPS. As a group, analysts forecast that CNA Financial Co. will post 4.85 earnings per share for the current fiscal year.

CNA Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Monday, August 12th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date of this dividend was Monday, August 12th. CNA Financial’s payout ratio is presently 38.43%.

Insider Buying and Selling at CNA Financial

In other CNA Financial news, EVP Elizabeth Ann Aguinaga sold 26,160 shares of CNA Financial stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $49.60, for a total transaction of $1,297,536.00. Following the completion of the sale, the executive vice president now owns 47,744 shares of the company’s stock, valued at $2,368,102.40. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, EVP Mark Steven James sold 18,547 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $50.58, for a total transaction of $938,107.26. Following the transaction, the executive vice president now owns 22,917 shares of the company’s stock, valued at approximately $1,159,141.86. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Elizabeth Ann Aguinaga sold 26,160 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $49.60, for a total transaction of $1,297,536.00. Following the completion of the sale, the executive vice president now directly owns 47,744 shares of the company’s stock, valued at $2,368,102.40. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 49,151 shares of company stock worth $2,449,311. 0.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on CNA shares. Bank of America increased their price target on CNA Financial from $45.00 to $48.00 and gave the company an “underperform” rating in a research report on Thursday, October 10th. Keefe, Bruyette & Woods raised their target price on shares of CNA Financial from $48.00 to $53.00 and gave the stock a “market perform” rating in a report on Thursday, August 1st.

CNA Financial Company Profile

CNA Financial Corporation provides commercial property and casualty insurance products in the United States and internationally. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity and cyber coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products.