CNO Financial Group, Inc. (CNO) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in CNO Financial Group, Inc. (NYSE:CNO) by 9.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 74,386 shares of the financial services provider’s stock after selling 7,443 shares during the period. SG Americas Securities LLC’s holdings in CNO Financial Group were worth $1,736,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of CNO Financial Group by 9.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,976 shares of the financial services provider’s stock valued at $146,000 after purchasing an additional 622 shares during the period. Riverhead Capital Management LLC raised its holdings in shares of CNO Financial Group by 71.3% in the 2nd quarter. Riverhead Capital Management LLC now owns 9,252 shares of the financial services provider’s stock valued at $193,000 after purchasing an additional 3,852 shares during the period. Trexquant Investment LP bought a new stake in shares of CNO Financial Group in the 2nd quarter valued at about $202,000. New York State Teachers Retirement System raised its holdings in shares of CNO Financial Group by 197.6% in the 1st quarter. New York State Teachers Retirement System now owns 12,200 shares of the financial services provider’s stock valued at $250,000 after purchasing an additional 8,100 shares during the period. Finally, Oakbrook Investments LLC raised its holdings in shares of CNO Financial Group by 1.6% in the 2nd quarter. Oakbrook Investments LLC now owns 12,700 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 200 shares during the period. 92.56% of the stock is owned by institutional investors.

A number of equities research analysts have recently issued reports on the stock. Goldman Sachs Group Inc assumed coverage on shares of CNO Financial Group in a report on Wednesday, October 18th. They issued a “neutral” rating and a $24.00 target price on the stock. Zacks Investment Research lowered shares of CNO Financial Group from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. BidaskClub upgraded shares of CNO Financial Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 2nd. B. Riley reiterated a “buy” rating on shares of CNO Financial Group in a research note on Monday, November 6th. Finally, Wells Fargo & Company set a $22.00 price target on shares of CNO Financial Group and gave the company a “hold” rating in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $22.25.

Shares of CNO Financial Group, Inc. (NYSE CNO) opened at $24.11 on Monday. CNO Financial Group, Inc. has a twelve month low of $17.66 and a twelve month high of $25.07. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.52. The firm has a market cap of $4,044.74, a P/E ratio of 15.16, a PEG ratio of 1.46 and a beta of 1.21.

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

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 26th. Stockholders of record on Monday, December 11th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend is Friday, December 8th. CNO Financial Group’s dividend payout ratio (DPR) is presently 13.00%.

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CNO Financial Group 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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