LSV Asset Management Has $145.32 Million Holdings in CNO Financial Group, Inc. (NYSE:CNO)

LSV Asset Management lowered its stake in CNO Financial Group, Inc. (NYSE:CNO - Free Report) by 6.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,905,369 shares of the financial services provider's stock after selling 284,600 shares during the period. LSV Asset Management owned approximately 3.78% of CNO Financial Group worth $145,319,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Jones Financial Companies Lllp raised its holdings in CNO Financial Group by 368.2% in the 4th quarter. Jones Financial Companies Lllp now owns 796 shares of the financial services provider's stock worth $30,000 after acquiring an additional 626 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of 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 purchasing an additional 417 shares during the period. Principal Securities Inc. lifted its position in shares of CNO Financial Group by 51.6% during the 4th quarter. Principal Securities Inc. now owns 955 shares of the financial services provider's stock worth $36,000 after purchasing an additional 325 shares during the last quarter. Headlands Technologies LLC boosted its stake in 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 valued at $50,000 after purchasing an additional 881 shares during the period. Finally, Sound Income Strategies LLC acquired a new stake in CNO Financial Group in the 4th quarter valued at approximately $54,000. Institutional investors own 95.43% of the company's stock.

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Analyst Upgrades and Downgrades

CNO has been the subject of a number of research reports. Keefe, Bruyette & Woods increased their price target on shares of CNO Financial Group from $42.00 to $44.00 and gave the company a "market perform" rating in a report on Wednesday, February 12th. BMO Capital Markets started coverage on CNO Financial Group in a research report on Thursday, January 23rd. They set a "market perform" rating and a $38.00 target price on the stock. Royal Bank of Canada boosted their price target on CNO Financial Group from $40.00 to $45.00 and gave the company an "outperform" rating in a research note on Monday, February 10th. Finally, Piper Sandler raised their price objective on CNO Financial Group from $46.00 to $49.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, CNO Financial Group presently has a consensus rating of "Hold" and an average target price of $41.00.

Insider Activity at CNO Financial Group

In other news, insider Jeremy David Williams sold 3,393 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $41.77, for a total transaction of $141,725.61. Following the transaction, the insider now owns 56,599 shares in the company, valued at approximately $2,364,140.23. This trade represents a 5.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Yvonne K. Franzese sold 2,097 shares of CNO Financial Group stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of $42.56, for a total value of $89,248.32. Following the sale, the insider now directly owns 30,321 shares of the company's stock, valued at $1,290,461.76. This represents a 6.47 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 159,512 shares of company stock valued at $6,497,710. 3.00% of the stock is owned by corporate insiders.

CNO Financial Group Trading Up 1.3 %

Shares of CNO traded up $0.48 during trading hours on Tuesday, reaching $38.33. The stock had a trading volume of 145,914 shares, compared to its average volume of 713,903. The company has a market cap of $3.84 billion, a P/E ratio of 10.25 and a beta of 0.90. CNO Financial Group, Inc. has a 52 week low of $25.08 and a 52 week high of $43.20. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 1.61. The firm has a 50-day moving average of $40.21 and a 200 day moving average of $38.45.

CNO Financial Group (NYSE:CNO - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.31 EPS for the quarter, beating the consensus estimate of $1.06 by $0.25. CNO Financial Group had a net margin of 9.08% and a return on equity of 17.20%. On average, sell-side analysts expect 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 disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend was Monday, March 10th. CNO Financial Group's payout ratio is presently 17.11%.

About CNO Financial Group

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.