CNA Financial Co. (NYSE:CNA) Stock Holdings Lifted by Wellington Management Group LLP

Wellington Management Group LLP grew its position in shares of CNA Financial Co. (NYSE:CNA - Free Report) by 43.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,051 shares of the insurance provider's stock after buying an additional 12,528 shares during the quarter. Wellington Management Group LLP's holdings in CNA Financial were worth $2,009,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC increased its holdings in shares of CNA Financial by 107.1% in the 3rd quarter. HighTower Advisors LLC now owns 22,172 shares of the insurance provider's stock valued at $1,066,000 after purchasing an additional 11,468 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of CNA Financial by 97.9% during the second quarter. AQR Capital Management LLC now owns 1,152,528 shares of the insurance provider's stock worth $51,760,000 after buying an additional 570,172 shares in the last quarter. Creative Planning lifted its stake in shares of CNA Financial by 16.5% during the third quarter. Creative Planning now owns 16,067 shares of the insurance provider's stock valued at $786,000 after buying an additional 2,272 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in CNA Financial during the second quarter worth approximately $273,000. Finally, Hsbc Holdings PLC grew its stake in CNA Financial by 178.9% in the 2nd quarter. Hsbc Holdings PLC now owns 76,136 shares of the insurance provider's stock worth $3,505,000 after acquiring an additional 48,837 shares during the period. Institutional investors and hedge funds own 98.45% of the company's stock.

CNA Financial Stock Performance

NYSE:CNA traded up $0.54 during trading hours on Thursday, reaching $47.66. 224,651 shares of the stock were exchanged, compared to its average volume of 275,827. The stock has a market capitalization of $12.91 billion, a P/E ratio of 9.93, a P/E/G ratio of 6.20 and a beta of 0.66. The firm has a 50 day simple moving average of $49.06 and a 200-day simple moving average of $48.31. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.28. CNA Financial Co. has a 52 week low of $41.42 and a 52 week high of $52.36.

CNA Financial (NYSE:CNA - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $3.62 billion for the quarter, compared to analyst estimates 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 business earned $1.06 earnings per share. As a group, sell-side analysts forecast that CNA Financial Co. will post 4.68 earnings per share for the current fiscal year.

CNA Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a dividend of $0.44 per share. The ex-dividend date was Monday, November 18th. This represents a $1.76 annualized dividend and a dividend yield of 3.69%. CNA Financial's dividend payout ratio is presently 36.67%.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other CNA Financial news, EVP Douglas Worman sold 22,973 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $48.75, for a total transaction of $1,119,933.75. Following the completion of the transaction, the executive vice president now directly owns 133,777 shares of the company's stock, valued at approximately $6,521,628.75. This trade represents a 14.66 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.30% of the company's stock.

CNA Financial Company 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.