Wells Fargo & Co set a $25.00 price objective on CNO Financial Group (NYSE:CNO) in a report published on Tuesday. The brokerage currently has a hold rating on the financial services provider’s stock.
Several other brokerages have also recently weighed in on CNO. B. Riley reaffirmed a buy rating on shares of CNO Financial Group in a research report on Monday, November 6th. Zacks Investment Research cut shares of CNO Financial Group from a hold rating to a sell rating in a research report on Tuesday, December 26th. Keefe, Bruyette & Woods reaffirmed a hold rating and issued a $24.00 price target on shares of CNO Financial Group in a research report on Thursday, December 21st. Finally, Goldman Sachs Group started coverage on shares of CNO Financial Group in a research report on Wednesday, October 18th. They issued a neutral rating and a $24.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. CNO Financial Group currently has an average rating of Buy and an average price target of $24.17.
CNO Financial Group (CNO) opened at $23.15 on Tuesday. CNO Financial Group has a 1 year low of $19.37 and a 1 year high of $26.47. The firm has a market cap of $3,882.78, a PE ratio of 22.92, a P/E/G ratio of 1.16 and a beta of 1.10. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.15 and a quick ratio of 0.16.
Several institutional investors have recently bought and sold shares of the business. MetLife Investment Advisors LLC bought a new position in shares of CNO Financial Group during the 4th quarter worth approximately $4,551,000. Vident Investment Advisory LLC lifted its position in shares of CNO Financial Group by 6.5% during the 4th quarter. Vident Investment Advisory LLC now owns 125,470 shares of the financial services provider’s stock worth $3,098,000 after buying an additional 7,667 shares in the last quarter. Zeke Capital Advisors LLC bought a new position in shares of CNO Financial Group during the 4th quarter worth approximately $266,000. Crestline Management LP lifted its position in shares of CNO Financial Group by 25.9% during the 4th quarter. Crestline Management LP now owns 43,004 shares of the financial services provider’s stock worth $1,062,000 after buying an additional 8,853 shares in the last quarter. Finally, Meadow Creek Investment Management LLC lifted its position in shares of CNO Financial Group by 16.3% during the 4th quarter. Meadow Creek Investment Management LLC now owns 25,466 shares of the financial services provider’s stock worth $629,000 after buying an additional 3,570 shares in the last quarter. 96.05% of the stock is currently owned by hedge funds and other institutional investors.
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CNO Financial Group Company 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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