CNO Financial Group, Inc. (CNO) Holdings Lifted by New York State Teachers Retirement System

New York State Teachers Retirement System raised its holdings in shares of CNO Financial Group, Inc. (NYSE:CNO) by 54.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,300 shares of the company’s stock after purchasing an additional 24,000 shares during the period. New York State Teachers Retirement System’s holdings in CNO Financial Group were worth $1,594,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of Montreal Can raised its position in CNO Financial Group by 304.8% during the 2nd quarter. Bank of Montreal Can now owns 768,689 shares of the company’s stock valued at $16,050,000 after purchasing an additional 578,803 shares during the last quarter. Victory Capital Management Inc. raised its position in CNO Financial Group by 15.8% during the 2nd quarter. Victory Capital Management Inc. now owns 1,255,682 shares of the company’s stock valued at $26,219,000 after purchasing an additional 171,722 shares during the last quarter. Engineers Gate Manager LP raised its position in CNO Financial Group by 271.9% during the 2nd quarter. Engineers Gate Manager LP now owns 90,830 shares of the company’s stock valued at $1,897,000 after purchasing an additional 66,409 shares during the last quarter. Tudor Investment Corp ET AL raised its position in CNO Financial Group by 52.8% during the 2nd quarter. Tudor Investment Corp ET AL now owns 46,436 shares of the company’s stock valued at $970,000 after purchasing an additional 16,045 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in CNO Financial Group by 45.6% during the 2nd quarter. SG Americas Securities LLC now owns 81,829 shares of the company’s stock valued at $1,709,000 after purchasing an additional 25,629 shares during the last quarter. 94.22% of the stock is owned by institutional investors and hedge funds.

Shares of CNO Financial Group, Inc. (NYSE CNO) opened at C$23.49 on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.16 and a current ratio of 0.16. CNO Financial Group, Inc. has a 52 week low of C$16.46 and a 52 week high of C$25.07. The company has a market capitalization of $3,940.74, a price-to-earnings ratio of 14.77, a price-to-earnings-growth ratio of 1.42 and a beta of 1.21.

CNO Financial Group (NYSE:CNO) last issued its earnings results on Wednesday, October 25th. The company reported C$0.45 EPS for the quarter, beating the consensus estimate of C$0.39 by C$0.06. CNO Financial Group had a return on equity of 5.88% and a net margin of 11.41%. The business had revenue of C$1.08 billion for the quarter, compared to the consensus estimate of C$1 billion. During the same period last year, the business posted $0.37 EPS. The company’s revenue was up 6.2% compared to the same quarter last year. equities research analysts anticipate that CNO Financial Group, Inc. will post 1.65 earnings per share for the current year.

Several research analysts have recently issued reports on the company. Goldman Sachs Group, Inc. (The) assumed coverage on CNO Financial Group in a research report on Wednesday, October 18th. They issued a “neutral” rating and a $24.00 target price for the company. Zacks Investment Research lowered CNO Financial Group from a “buy” rating to a “hold” rating in a research report on Monday, October 9th. BidaskClub raised CNO Financial Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 2nd. Wells Fargo & Company set a $22.00 target price on CNO Financial Group and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Finally, Morgan Stanley lowered CNO Financial Group from an “equal weight” rating to an “underweight” rating and set a $21.00 price objective for the company. in a research report on Monday, August 14th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of C$22.25.

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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.

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

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