Fuller & Thaler Asset Management Inc. Purchases 130,342 Shares of CNO Financial Group, Inc. (NYSE:CNO)

Fuller & Thaler Asset Management Inc. grew its holdings in shares of CNO Financial Group, Inc. (NYSE:CNO - Free Report) by 3.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,285,783 shares of the financial services provider's stock after purchasing an additional 130,342 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 4.15% of CNO Financial Group worth $159,474,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in CNO. Barclays PLC raised its position in CNO Financial Group by 113.7% in the third quarter. Barclays PLC now owns 219,141 shares of the financial services provider's stock worth $7,691,000 after acquiring an additional 116,617 shares during the period. Tidal Investments LLC increased its stake in shares of CNO Financial Group by 11.3% in the 3rd quarter. Tidal Investments LLC now owns 11,246 shares of the financial services provider's stock worth $395,000 after purchasing an additional 1,145 shares in the last quarter. DGS Capital Management LLC bought a new position in CNO Financial Group in the 3rd quarter worth $256,000. Principal Financial Group Inc. lifted its position in CNO Financial Group by 6.0% during the third quarter. Principal Financial Group Inc. now owns 1,899,599 shares of the financial services provider's stock valued at $66,676,000 after purchasing an additional 107,589 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in CNO Financial Group by 15.3% during the fourth quarter. GAMMA Investing LLC now owns 2,289 shares of the financial services provider's stock valued at $85,000 after purchasing an additional 304 shares during the period. Hedge funds and other institutional investors own 95.43% of the company's stock.

CNO Financial Group Stock Performance

NYSE:CNO opened at $38.65 on Wednesday. The company has a market cap of $3.88 billion, a price-to-earnings ratio of 10.33 and a beta of 0.90. CNO Financial Group, Inc. has a 1 year low of $25.75 and a 1 year high of $43.20. The stock's 50 day simple moving average is $39.88 and its two-hundred day simple moving average is $38.57. 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 (NYSE:CNO - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.06 by $0.25. CNO Financial Group had a net margin of 9.08% and a return on equity of 17.20%. As a group, equities analysts anticipate that CNO Financial Group, Inc. will post 3.83 earnings per share 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. Investors of record on Monday, March 10th were issued a dividend of $0.16 per share. The ex-dividend date was Monday, March 10th. This represents a $0.64 annualized dividend and a yield of 1.66%. CNO Financial Group's payout ratio is presently 17.11%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Piper Sandler lifted their price objective 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. BMO Capital Markets assumed coverage on shares of CNO Financial Group in a research report on Thursday, January 23rd. They issued a "market perform" rating and a $38.00 price target for the company. Royal Bank of Canada raised their price objective on shares of CNO Financial Group from $40.00 to $45.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. Finally, Keefe, Bruyette & Woods upped their target price on shares of CNO Financial Group from $42.00 to $44.00 and gave the stock a "market perform" rating in a report on Wednesday, February 12th. One investment 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's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $41.00.

Insider Buying and Selling

In other news, insider Yvonne K. Franzese sold 2,013 shares of the company'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 transaction, the insider now owns 26,994 shares of the company's stock, valued at approximately $1,138,606.92. This represents a 6.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Jeremy David Williams sold 11,300 shares of the 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 completion of the sale, the insider now owns 65,299 shares in the company, valued at approximately $2,710,561.49. The trade was a 14.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 159,512 shares of company stock worth $6,497,710 over the last three months. 3.00% of the stock is owned by insiders.

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.

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