CNA Financial Co. (NYSE:CNA) Stock Position Raised by Versor Investments LP

Versor Investments LP raised its position in shares of CNA Financial Co. (NYSE:CNA) by 40.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,788 shares of the insurance provider’s stock after purchasing an additional 6,545 shares during the period. Versor Investments LP’s holdings in CNA Financial were worth $1,102,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CNA. Savant Capital LLC grew its holdings in CNA Financial by 2.6% in the 4th quarter. Savant Capital LLC now owns 9,139 shares of the insurance provider’s stock valued at $442,000 after buying an additional 230 shares during the last quarter. Raymond James Trust N.A. lifted its position in shares of CNA Financial by 4.1% in the 3rd quarter. Raymond James Trust N.A. now owns 6,526 shares of the insurance provider’s stock worth $319,000 after acquiring an additional 260 shares during the period. GAMMA Investing LLC lifted its position in shares of CNA Financial by 16.7% during the 4th quarter. GAMMA Investing LLC now owns 2,051 shares of the insurance provider’s stock worth $99,000 after buying an additional 293 shares during the period. Quent Capital LLC lifted its position in shares of CNA Financial by 28.3% during the 4th quarter. Quent Capital LLC now owns 1,475 shares of the insurance provider’s stock worth $71,000 after buying an additional 325 shares during the period. Finally, Pallas Capital Advisors LLC lifted its position in shares of CNA Financial by 4.4% during the 4th quarter. Pallas Capital Advisors LLC now owns 7,767 shares of the insurance provider’s stock worth $376,000 after buying an additional 327 shares during the period. 98.45% of the stock is owned by hedge funds and other institutional investors.

CNA Financial Trading Up 1.4 %

Shares of CNA opened at $48.66 on Friday. The stock has a fifty day moving average price of $48.54 and a two-hundred day moving average price of $49.09. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.28 and a current ratio of 0.28. CNA Financial Co. has a 52-week low of $42.33 and a 52-week high of $52.36. The company has a market cap of $13.18 billion, a price-to-earnings ratio of 13.82, a PEG ratio of 9.23 and a beta of 0.66.

CNA Financial (NYSE:CNA) last released its earnings results on Monday, February 10th. The insurance provider reported $1.25 EPS for the quarter, beating the consensus estimate of $1.11 by $0.14. CNA Financial had a return on equity of 12.90% and a net margin of 6.72%. Analysts predict that CNA Financial Co. will post 4.64 EPS for the current fiscal year.

CNA Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Monday, February 24th will be paid a $0.46 dividend. This is a boost from CNA Financial’s previous quarterly dividend of $0.44. This represents a $1.84 annualized dividend and a dividend yield of 3.78%. The ex-dividend date of this dividend is Monday, February 24th. CNA Financial’s dividend payout ratio (DPR) is 52.27%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. StockNews.com downgraded CNA Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Keefe, Bruyette & Woods cut their price objective on CNA Financial from $54.00 to $53.00 and set a “market perform” rating for the company in a research report on Wednesday, February 12th.

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.