Jane Street Group LLC Grows Stock Holdings in CNA Financial Co. (NYSE:CNA)

Jane Street Group LLC boosted its position in shares of CNA Financial Co. (NYSE:CNA - Free Report) by 158.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 288,443 shares of the insurance provider's stock after acquiring an additional 176,649 shares during the period. Jane Street Group LLC owned about 0.11% of CNA Financial worth $14,116,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. True Wealth Design LLC acquired a new stake in shares of CNA Financial during the 3rd quarter worth about $36,000. Fairscale Capital LLC acquired a new stake in CNA Financial during the second quarter worth approximately $55,000. Whittier Trust Co. purchased a new stake in shares of CNA Financial during the 2nd quarter worth approximately $92,000. Blue Trust Inc. acquired a new position in shares of CNA Financial in the 2nd quarter valued at $94,000. Finally, Abich Financial Wealth Management LLC grew its position in shares of CNA Financial by 17.3% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 2,059 shares of the insurance provider's stock valued at $95,000 after buying an additional 303 shares during the last quarter. 98.45% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Keefe, Bruyette & Woods boosted their price target on shares of CNA Financial from $54.00 to $55.00 and gave the company a "market perform" rating in a research report on Friday, November 8th. StockNews.com upgraded CNA Financial from a "hold" rating to a "buy" rating in a research report on Wednesday, November 13th. Finally, Bank of America boosted their target price on CNA Financial from $45.00 to $48.00 and gave the company an "underperform" rating in a report on Thursday, October 10th.

CNA Financial Stock Performance

CNA stock traded up $0.19 on Thursday, hitting $48.58. The company's stock had a trading volume of 155,256 shares, compared to its average volume of 276,261. The stock has a market cap of $13.16 billion, a price-to-earnings ratio of 10.08, a price-to-earnings-growth ratio of 6.42 and a beta of 0.66. The firm has a 50 day moving average of $49.02 and a two-hundred day moving average of $48.20. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.28. CNA Financial Co. has a 1 year low of $40.92 and a 1 year high of $52.36.

CNA Financial (NYSE:CNA - Get Free Report) last announced its earnings results on Monday, November 4th. The insurance provider reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.01. The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.15 billion. CNA Financial had a net margin of 9.26% and a return on equity of 13.30%. During the same quarter in the prior year, the firm earned $1.06 earnings per share. Equities analysts predict that CNA Financial Co. will post 4.68 EPS for the current fiscal year.

CNA Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend was Monday, November 18th. CNA Financial's payout ratio is currently 36.67%.

Insider Transactions at CNA Financial

In related news, EVP Mark Steven James sold 18,547 shares of the firm's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $50.58, for a total value of $938,107.26. Following the completion of the sale, the executive vice president now owns 22,917 shares in the company, valued at $1,159,141.86. This trade represents a 44.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Douglas Worman sold 22,973 shares of the business's stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $48.75, for a total value of $1,119,933.75. Following the transaction, the executive vice president now owns 133,777 shares in the company, valued at $6,521,628.75. The trade was a 14.66 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.31% of the company's stock.

CNA Financial 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.