Vanguard Personalized Indexing Management LLC Has $999,000 Stock Position in 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 the company in its most recent 13F filing with the SEC. The firm owned 25,899 shares of the financial services provider’s stock after buying an additional 1,910 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in CNO Financial Group were worth $999,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its stake in CNO Financial Group by 5.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,701 shares of the financial services provider’s stock worth $571,000 after buying an additional 744 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in CNO Financial Group by 15.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 772,371 shares of the financial services provider’s stock worth $32,424,000 after purchasing an additional 100,735 shares in the last quarter. GAMMA Investing LLC increased its holdings 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 purchasing an additional 572 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in CNO Financial Group by 42.0% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 8,471 shares of the financial services provider’s stock worth $353,000 after purchasing an additional 2,507 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in CNO Financial Group during the 1st quarter worth approximately $92,000. 95.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CNO has been the subject of a number of recent research reports. Keefe, Bruyette & Woods boosted their price objective 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. Weiss Ratings reissued a “buy (b)” rating on shares of CNO Financial Group in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered CNO Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $43.60.

CNO Financial Group Stock Performance

CNO stock opened at $38.89 on Monday. The firm has a market cap of $3.77 billion, a PE ratio of 14.35 and a beta of 0.90. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 1.50. The business has a 50 day moving average of $39.20 and a 200-day moving average of $38.19. CNO Financial Group, Inc. has a 12-month low of $34.10 and a 12-month high of $43.20.

CNO Financial Group (NYSE:CNO) last released its earnings results 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 during the quarter. CNO Financial Group had a return on equity of 16.63% and a net margin of 6.41%. As a group, sell-side analysts expect that CNO Financial Group, Inc. will post 3.83 earnings per share for the current year.

CNO Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were issued a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.68 annualized dividend and a dividend yield of 1.7%. CNO Financial Group’s dividend payout ratio is currently 25.09%.

About CNO Financial Group

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.