Blake Schutter Theil Wealth Advisors LLC Takes Position in CNA Financial Co. (NYSE:CNA)

Blake Schutter Theil Wealth Advisors LLC acquired a new stake in shares of CNA Financial Co. (NYSE:CNA) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 4,200 shares of the insurance provider’s stock, valued at approximately $203,000.

A number of other large investors have also made changes to their positions in CNA. True Wealth Design LLC purchased a new position in shares of CNA Financial in the third quarter worth approximately $36,000. Smartleaf Asset Management LLC boosted its stake in shares of CNA Financial by 29.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,265 shares of the insurance provider’s stock worth $61,000 after acquiring an additional 286 shares during the last quarter. Quent Capital LLC grew its position in shares of CNA Financial by 28.3% during the 4th quarter. Quent Capital LLC now owns 1,475 shares of the insurance provider’s stock valued at $71,000 after acquiring an additional 325 shares during the period. GAMMA Investing LLC increased its stake in shares of CNA Financial by 16.7% in the 4th quarter. GAMMA Investing LLC now owns 2,051 shares of the insurance provider’s stock worth $99,000 after purchasing an additional 293 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in CNA Financial in the 3rd quarter worth $146,000. 98.45% of the stock is currently owned by institutional investors.

CNA Financial Stock Up 0.3 %

CNA opened at $48.38 on Friday. The stock has a market cap of $13.10 billion, a price-to-earnings ratio of 13.74, a price-to-earnings-growth ratio of 9.23 and a beta of 0.68. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.28 and a current ratio of 0.28. The firm’s fifty day moving average is $48.56 and its 200 day moving average is $49.08. CNA Financial Co. has a fifty-two week low of $42.33 and a fifty-two week high of $52.36.

CNA Financial (NYSE:CNA) last released its quarterly earnings data on Monday, February 10th. The insurance provider reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.14. CNA Financial had a return on equity of 12.90% and a net margin of 6.72%. On average, sell-side analysts forecast that CNA Financial Co. will post 4.64 earnings per share for the current fiscal year.

CNA Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Monday, February 24th will be given a dividend of $0.46 per share. The ex-dividend date is Monday, February 24th. This represents a $1.84 annualized dividend and a dividend yield of 3.80%. This is a boost from CNA Financial’s previous quarterly dividend of $0.44. CNA Financial’s dividend payout ratio (DPR) is presently 52.27%.

Analyst Upgrades and Downgrades

CNA has been the subject of several recent research reports. StockNews.com lowered CNA Financial from a “buy” rating to a “hold” rating in a report on Tuesday, February 11th. Keefe, Bruyette & Woods cut their price objective on CNA Financial from $54.00 to $53.00 and set a “market perform” rating for the company in a research note on Wednesday, February 12th.

About CNA Financial

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.