CNA Financial Co. (NYSE:CNA) Shares Acquired by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC increased its holdings in CNA Financial Co. (NYSE:CNA) by 184.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,035 shares of the insurance provider’s stock after acquiring an additional 11,690 shares during the quarter. Uncommon Cents Investing LLC’s holdings in CNA Financial were worth $763,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Loews Corp lifted its stake in shares of CNA Financial by 1.8% in the third quarter. Loews Corp now owns 248,414,738 shares of the insurance provider’s stock worth $9,775,120,000 after acquiring an additional 4,456,050 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of CNA Financial by 6.7% in the first quarter. First Trust Advisors LP now owns 1,653,694 shares of the insurance provider’s stock worth $80,403,000 after acquiring an additional 104,417 shares in the last quarter. BlackRock Inc. lifted its stake in shares of CNA Financial by 6.5% in the first quarter. BlackRock Inc. now owns 1,506,830 shares of the insurance provider’s stock worth $58,812,000 after acquiring an additional 91,868 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of CNA Financial by 19.9% in the second quarter. JPMorgan Chase & Co. now owns 1,405,797 shares of the insurance provider’s stock worth $54,292,000 after acquiring an additional 233,346 shares in the last quarter. Finally, Private Management Group Inc. lifted its stake in shares of CNA Financial by 8.3% in the third quarter. Private Management Group Inc. now owns 875,207 shares of the insurance provider’s stock worth $34,439,000 after acquiring an additional 66,795 shares in the last quarter. Institutional investors and hedge funds own 98.45% of the company’s stock.

CNA Financial Stock Up 1.3 %

NYSE CNA traded up $0.57 on Thursday, hitting $45.42. 222,385 shares of the stock traded hands, compared to its average volume of 231,911. The company has a market capitalization of $12.30 billion, a P/E ratio of 10.25, a price-to-earnings-growth ratio of 1.77 and a beta of 0.64. The stock has a 50-day moving average of $44.46 and a 200 day moving average of $42.10. CNA Financial Co. has a twelve month low of $36.41 and a twelve month high of $47.37. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.25.

CNA Financial (NYSE:CNA) last posted its earnings results on Monday, February 5th. The insurance provider reported $1.33 EPS for the quarter, beating the consensus estimate of $1.10 by $0.23. The company had revenue of $3.51 billion during the quarter, compared to analyst estimates of $2.95 billion. CNA Financial had a return on equity of 14.33% and a net margin of 9.06%. During the same period in the prior year, the company earned $1.01 earnings per share. As a group, analysts expect that CNA Financial Co. will post 5.01 earnings per share for the current fiscal year.

CNA Financial Increases Dividend

The business also recently announced a None dividend, which was paid on Thursday, March 7th. Stockholders of record on Tuesday, February 20th were issued a dividend of $2.44 per share. The ex-dividend date of this dividend was Friday, February 16th. This is a positive change from CNA Financial’s previous None dividend of $1.62. This represents a dividend yield of 3.8%. CNA Financial’s dividend payout ratio is 39.73%.

Analyst Upgrades and Downgrades

CNA has been the topic of several research reports. StockNews.com upgraded CNA Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, February 14th. Bank of America cut CNA Financial from a “neutral” rating to an “underperform” rating and upped their price objective for the company from $39.00 to $43.00 in a research note on Tuesday, February 6th. Finally, Keefe, Bruyette & Woods upped their price objective on CNA Financial from $46.00 to $48.00 and gave the company a “market perform” rating in a research note on Monday, February 12th.

About CNA Financial

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.