Capula Management Ltd Sells 23,164 Shares of CNO Financial Group, Inc. (NYSE:CNO)

Capula Management Ltd trimmed its position in CNO Financial Group, Inc. (NYSE:CNO - Free Report) by 68.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,830 shares of the financial services provider's stock after selling 23,164 shares during the period. Capula Management Ltd's holdings in CNO Financial Group were worth $403,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CNO. Jones Financial Companies Lllp boosted its holdings in shares of CNO Financial Group by 368.2% in the fourth quarter. Jones Financial Companies Lllp now owns 796 shares of the financial services provider's stock worth $30,000 after buying an additional 626 shares during the last quarter. Smartleaf Asset Management LLC raised its position in CNO Financial Group by 95.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 855 shares of the financial services provider's stock worth $32,000 after acquiring an additional 417 shares during the period. Principal Securities Inc. raised its position in CNO Financial Group by 51.6% in the fourth quarter. Principal Securities Inc. now owns 955 shares of the financial services provider's stock worth $36,000 after acquiring an additional 325 shares during the period. Headlands Technologies LLC boosted its stake in shares of CNO Financial Group by 193.2% during the 4th quarter. Headlands Technologies LLC now owns 1,337 shares of the financial services provider's stock worth $50,000 after acquiring an additional 881 shares during the last quarter. Finally, Sound Income Strategies LLC bought a new stake in shares of CNO Financial Group during the 4th quarter valued at $54,000. 95.43% of the stock is currently owned by institutional investors.

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Insider Buying and Selling at CNO Financial Group

In other CNO Financial Group news, insider Yvonne K. Franzese sold 2,013 shares of the firm's stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of $42.18, for a total transaction of $84,908.34. Following the completion of the transaction, the insider now owns 26,994 shares in the company, valued at $1,138,606.92. This trade represents a 6.94 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Jeremy David Williams sold 11,300 shares of the company's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $41.51, for a total value of $469,063.00. Following the sale, the insider now directly owns 65,299 shares in the company, valued at $2,710,561.49. This trade represents a 14.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 159,512 shares of company stock worth $6,497,710. Insiders own 3.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on CNO shares. Piper Sandler lifted their target price on CNO Financial Group from $46.00 to $49.00 and gave the company an "overweight" rating in a research report on Wednesday, April 2nd. Royal Bank of Canada lifted their price objective on CNO Financial Group from $40.00 to $45.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. Keefe, Bruyette & Woods boosted their price objective on CNO Financial Group from $42.00 to $44.00 and gave the company a "market perform" rating in a research note on Wednesday, February 12th. Finally, BMO Capital Markets started coverage on shares of CNO Financial Group in a research note on Thursday, January 23rd. They set a "market perform" rating and a $38.00 target price on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, CNO Financial Group currently has an average rating of "Hold" and an average price target of $41.00.

CNO Financial Group Price Performance

Shares of NYSE CNO traded up $0.31 during mid-day trading on Friday, reaching $36.82. The company's stock had a trading volume of 820,900 shares, compared to its average volume of 716,301. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.22 and a quick ratio of 0.19. CNO Financial Group, Inc. has a 52 week low of $25.08 and a 52 week high of $43.20. The stock has a fifty day moving average of $40.25 and a two-hundred day moving average of $38.43. The firm has a market capitalization of $3.69 billion, a PE ratio of 9.84 and a beta of 0.90.

CNO Financial Group (NYSE:CNO - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The financial services provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.25. CNO Financial Group had a return on equity of 17.20% and a net margin of 9.08%. As a group, sell-side analysts anticipate that CNO Financial Group, Inc. will post 3.83 EPS for the current fiscal year.

CNO Financial Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 10th were issued a $0.16 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.64 dividend on an annualized basis and a yield of 1.74%. CNO Financial Group's dividend payout ratio is currently 17.11%.

CNO Financial Group Company Profile

CNO Financial Group, Inc, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, insurance products, and financial services for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face.