Versor Investments LP Has $1.10 Million Holdings in CNA Financial Co. (NYSE:CNA)

Versor Investments LP boosted its holdings in shares of CNA Financial Co. (NYSE:CNA - Free Report) by 40.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,788 shares of the insurance provider's stock after buying an additional 6,545 shares during the period. Versor Investments LP's holdings in CNA Financial were worth $1,102,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. New York State Common Retirement Fund raised its holdings in shares of CNA Financial by 366.7% in the 3rd quarter. New York State Common Retirement Fund now owns 1,401,539 shares of the insurance provider's stock worth $68,591,000 after buying an additional 1,101,217 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in CNA Financial by 66.0% in the 4th quarter. Bank of New York Mellon Corp now owns 1,177,110 shares of the insurance provider's stock valued at $56,937,000 after buying an additional 468,058 shares in the last quarter. River Road Asset Management LLC grew its position in CNA Financial by 0.6% in the third quarter. River Road Asset Management LLC now owns 1,012,492 shares of the insurance provider's stock valued at $49,551,000 after acquiring an additional 5,539 shares during the period. Jane Street Group LLC lifted its holdings in shares of CNA Financial by 158.0% during the third quarter. Jane Street Group LLC now owns 288,443 shares of the insurance provider's stock valued at $14,116,000 after acquiring an additional 176,649 shares during the period. Finally, Edgestream Partners L.P. bought a new position in shares of CNA Financial during the third quarter valued at $7,585,000. Institutional investors own 98.45% of the company's stock.

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CNA Financial Price Performance

NYSE CNA traded up $0.81 on Monday, hitting $49.78. 361,974 shares of the company were exchanged, compared to its average volume of 320,432. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.28. The company has a market cap of $13.48 billion, a P/E ratio of 14.14, a P/E/G ratio of 9.23 and a beta of 0.66. CNA Financial Co. has a 1-year low of $42.33 and a 1-year high of $52.36. The firm has a 50 day moving average of $48.55 and a two-hundred day moving average of $49.10.

CNA Financial (NYSE:CNA - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The insurance provider reported $1.25 EPS for the quarter, beating the consensus estimate of $1.11 by $0.14. CNA Financial had a net margin of 6.72% and a return on equity of 12.90%. On average, equities analysts predict that CNA Financial Co. will post 4.64 EPS for the current year.

CNA Financial Increases Dividend

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

Analyst Upgrades and Downgrades

CNA has been the topic of several analyst reports. Keefe, Bruyette & Woods lowered their target price on shares of CNA Financial from $54.00 to $53.00 and set a "market perform" rating on the stock in a report on Wednesday, February 12th. StockNews.com lowered shares of CNA Financial from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th.

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.