CORDA Investment Management LLC. Purchases 11,597 Shares of CNA Financial Co. (NYSE:CNA)

CORDA Investment Management LLC. boosted its position in CNA Financial Co. (NYSE:CNA - Free Report) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 661,532 shares of the insurance provider's stock after purchasing an additional 11,597 shares during the period. CNA Financial comprises approximately 2.6% of CORDA Investment Management LLC.'s portfolio, making the stock its 15th biggest holding. CORDA Investment Management LLC. owned 0.24% of CNA Financial worth $31,998,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Creative Planning lifted its holdings in CNA Financial by 16.5% during the third quarter. Creative Planning now owns 16,067 shares of the insurance provider's stock valued at $786,000 after purchasing an additional 2,272 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of CNA Financial by 2,130.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 8,834 shares of the insurance provider's stock valued at $432,000 after buying an additional 8,438 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in CNA Financial by 68.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 10,000 shares of the insurance provider's stock worth $489,000 after buying an additional 4,063 shares during the period. Pallas Capital Advisors LLC purchased a new position in CNA Financial in the 3rd quarter valued at approximately $369,000. Finally, Measured Wealth Private Client Group LLC raised its holdings in CNA Financial by 4.4% during the 3rd quarter. Measured Wealth Private Client Group LLC now owns 13,605 shares of the insurance provider's stock valued at $666,000 after acquiring an additional 578 shares during the period. 98.45% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. StockNews.com lowered CNA Financial from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. Keefe, Bruyette & Woods cut their target price on CNA Financial from $54.00 to $53.00 and set a "market perform" rating for the company in a research note on Wednesday, February 12th.

CNA Financial Price Performance

NYSE:CNA traded up $0.81 during trading hours on Monday, hitting $49.78. The stock had a trading volume of 361,974 shares, compared to its average volume of 321,052. The company has a 50 day simple moving average of $48.55 and a two-hundred day simple moving average of $49.10. The firm has a market capitalization of $13.48 billion, a price-to-earnings ratio of 14.14, a P/E/G ratio of 9.23 and a beta of 0.66. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.28 and a quick ratio of 0.28. CNA Financial Co. has a one year low of $42.33 and a one year high of $52.36.

CNA Financial (NYSE:CNA - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The insurance provider reported $1.25 earnings per share (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%. Research analysts forecast that CNA Financial Co. will post 4.64 earnings per share for the current fiscal year.

CNA Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Monday, February 24th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 3.70%. This is a boost from CNA Financial's previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Monday, February 24th. CNA Financial's dividend payout ratio is 52.27%.

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.