CNO Financial Group, Inc. (CNO) Position Trimmed by Scout Investments Inc.

Scout Investments Inc. trimmed its position in shares of CNO Financial Group, Inc. (NYSE:CNO) by 4.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 209,425 shares of the company’s stock after selling 10,575 shares during the period. Scout Investments Inc. owned approximately 124,836.08% of CNO Financial Group worth $4,888,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in CNO Financial Group by 9.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,976 shares of the company’s stock valued at $146,000 after purchasing an additional 622 shares in the last quarter. Riverhead Capital Management LLC grew its holdings in CNO Financial Group by 71.3% during the 2nd quarter. Riverhead Capital Management LLC now owns 9,252 shares of the company’s stock valued at $193,000 after purchasing an additional 3,852 shares in the last quarter. Trexquant Investment LP acquired a new stake in CNO Financial Group during the 2nd quarter valued at $202,000. New York State Teachers Retirement System grew its holdings in CNO Financial Group by 197.6% during the 1st quarter. New York State Teachers Retirement System now owns 12,200 shares of the company’s stock valued at $250,000 after purchasing an additional 8,100 shares in the last quarter. Finally, Oakbrook Investments LLC grew its holdings in CNO Financial Group by 1.6% during the 2nd quarter. Oakbrook Investments LLC now owns 12,700 shares of the company’s stock valued at $265,000 after purchasing an additional 200 shares in the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

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CNO has been the subject of a number of recent analyst reports. B. Riley reaffirmed a “buy” rating on shares of CNO Financial Group in a report on Monday, November 6th. Morgan Stanley lowered shares of CNO Financial Group from an “equal weight” rating to an “underweight” rating and set a $21.00 price target for the company. in a report on Monday, August 14th. They noted that the move was a valuation call. Wells Fargo & Company set a $22.00 price target on shares of CNO Financial Group and gave the company a “hold” rating in a report on Wednesday, October 25th. Zacks Investment Research raised shares of CNO Financial Group from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a report on Monday, August 7th. Finally, BidaskClub raised shares of CNO Financial Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 2nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of C$22.25.

CNO Financial Group, Inc. (NYSE CNO) opened at C$23.49 on Friday. The firm has a market cap of $3,940.73, a price-to-earnings ratio of 14.77, a price-to-earnings-growth ratio of 1.42 and a beta of 1.21. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.52. CNO Financial Group, Inc. has a fifty-two week low of C$16.46 and a fifty-two week high of C$25.07.

CNO Financial Group (NYSE:CNO) last announced its quarterly earnings data on Wednesday, October 25th. The company reported C$0.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.39 by C$0.06. The company had revenue of C$1.08 billion during the quarter, compared to analyst estimates of C$1 billion. CNO Financial Group had a net margin of 11.41% and a return on equity of 5.88%. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the business earned $0.37 EPS. sell-side analysts predict that CNO Financial Group, Inc. will post 1.65 earnings per share for the current year.

CNO Financial Group Company Profile

CNO Financial Group, Inc is a holding company for a group of insurance companies operating throughout the United States that develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. The Company’s segments include Bankers Life, Washington National and Colonial Penn.

Institutional Ownership by Quarter for CNO Financial Group (NYSE:CNO)

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