Jeffrey John Neuenschwander Sells 3,287 Shares of CNA Financial (NYSE:CNA) Stock

CNA Financial Corporation (NYSE:CNA) SVP Jeffrey John Neuenschwander sold 3,287 shares of CNA Financial stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $45.97, for a total transaction of $151,103.39. Following the sale, the senior vice president owned 7,277 shares of the company’s stock, valued at $334,523.69. The trade was a 31.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

CNA Financial Trading Up 0.3%

Shares of NYSE:CNA traded up $0.13 during trading on Friday, reaching $45.25. 287,785 shares of the company were exchanged, compared to its average volume of 444,777. The business’s fifty day simple moving average is $47.71 and its 200-day simple moving average is $46.86. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.28 and a quick ratio of 0.28. CNA Financial Corporation has a 12-month low of $43.29 and a 12-month high of $51.34. The firm has a market capitalization of $12.25 billion, a PE ratio of 9.65, a P/E/G ratio of 6.64 and a beta of 0.34.

CNA Financial (NYSE:CNA) last announced its quarterly earnings data on Monday, February 9th. The insurance provider reported $1.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.04). The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $2.88 billion. CNA Financial had a return on equity of 12.23% and a net margin of 8.53%.During the same period last year, the company earned $1.25 EPS. On average, research analysts anticipate that CNA Financial Corporation will post 4.64 EPS for the current year.

CNA Financial Announces Dividend

The company also recently declared an annual dividend, which was paid on Thursday, March 12th. Stockholders of record on Monday, February 23rd were paid a dividend of $2.00 per share. The ex-dividend date was Monday, February 23rd. This represents a dividend yield of 409.0%. CNA Financial’s dividend payout ratio (DPR) is currently 40.94%.

Institutional Investors Weigh In On CNA Financial

A number of institutional investors have recently added to or reduced their stakes in the stock. Lloyd Advisory Services LLC. bought a new position in CNA Financial in the fourth quarter worth about $25,000. Alpine Bank Wealth Management grew its position in shares of CNA Financial by 70.0% in the 3rd quarter. Alpine Bank Wealth Management now owns 556 shares of the insurance provider’s stock worth $26,000 after buying an additional 229 shares during the last quarter. Covestor Ltd grew its position in shares of CNA Financial by 129.7% in the 3rd quarter. Covestor Ltd now owns 712 shares of the insurance provider’s stock worth $33,000 after buying an additional 402 shares during the last quarter. Allworth Financial LP raised its stake in shares of CNA Financial by 102.3% during the 2nd quarter. Allworth Financial LP now owns 785 shares of the insurance provider’s stock worth $37,000 after acquiring an additional 397 shares in the last quarter. Finally, Ameriflex Group Inc. lifted its position in CNA Financial by 100.0% during the third quarter. Ameriflex Group Inc. now owns 820 shares of the insurance provider’s stock valued at $38,000 after acquiring an additional 410 shares during the last quarter. Institutional investors own 98.45% of the company’s stock.

Wall Street Analysts Forecast Growth

CNA has been the subject of a number of research reports. Weiss Ratings raised shares of CNA Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Zacks Research lowered shares of CNA Financial from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Finally, Wall Street Zen cut shares of CNA Financial from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, CNA Financial presently has an average rating of “Moderate Buy”.

About CNA Financial

CNA Financial Corporation is a leading U.S.-based commercial property and casualty insurance company offering a broad portfolio of risk management and insurance solutions. The company underwrites coverage for businesses of all sizes across a variety of industry sectors, including manufacturing, healthcare, energy, technology, construction and real estate. In addition to core property and casualty insurance, CNA delivers specialized products such as surety bonds, professional liability, environmental liability and commercial auto coverage.

Headquartered in Chicago, Illinois, CNA traces its origins to the founding of Continental Casualty Company in 1897.