Investors sold shares of CNO Financial Group Inc. (NYSE:CNO) on strength during trading on Thursday. $12.01 million flowed into the stock on the tick-up and $36.28 million flowed out of the stock on the tick-down, for a money net flow of $24.27 million out of the stock. Of all companies tracked, CNO Financial Group had the 14th highest net out-flow for the day. CNO Financial Group traded up $0.24 for the day and closed at $15.49

A number of research analysts have recently commented on the stock. Morgan Stanley reissued a “hold” rating and set a $19.00 target price on shares of CNO Financial Group in a research report on Thursday, July 28th. Keefe, Bruyette & Woods reduced their target price on shares of CNO Financial Group from $20.00 to $19.00 and set a “market perform” rating on the stock in a research report on Tuesday. BTIG Research reissued a “buy” rating on shares of CNO Financial Group in a research report on Friday, July 15th. Citigroup Inc. reduced their target price on shares of CNO Financial Group from $21.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, July 7th. Finally, Evercore ISI assumed coverage on shares of CNO Financial Group in a research report on Wednesday, July 6th. They set a “hold” rating and a $19.00 target price on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $19.83.

The firm’s 50 day moving average is $17.56 and its 200-day moving average is $18.04. The firm has a market capitalization of $2.71 billion and a PE ratio of 10.41.

CNO Financial Group (NYSE:CNO) last released its quarterly earnings data on Tuesday, July 26th. The company reported $0.35 EPS for the quarter, hitting analysts’ consensus estimates of $0.35. The firm earned $1 billion during the quarter, compared to analyst estimates of $961.56 million. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.34 EPS. Equities research analysts forecast that CNO Financial Group Inc. will post $1.39 EPS for the current year.

In related news, SVP John R. Kline sold 25,000 shares of the stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $20.15, for a total value of $503,750.00. Following the transaction, the senior vice president now owns 40,371 shares in the company, valued at $813,475.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Bruce K. Baude sold 62,890 shares of the stock in a transaction that occurred on Thursday, May 19th. The stock was sold at an average price of $19.32, for a total value of $1,215,034.80. Following the completion of the transaction, the executive vice president now owns 115,878 shares in the company, valued at approximately $2,238,762.96. The disclosure for this sale can be found here.

A number of institutional investors have recently added to or reduced their stakes in the company. Fiduciary Management Associates LLC increased its position in CNO Financial Group by 5,614.6% in the fourth quarter. Fiduciary Management Associates LLC now owns 1,386,080 shares of the company’s stock worth $26,459,000 after buying an additional 1,361,825 shares in the last quarter. Eagle Asset Management increased its position in shares of CNO Financial Group by 99.0% in the third quarter. Eagle Asset Management now owns 1,846,604 shares of the company’s stock valued at $34,734,000 after buying an additional 918,748 shares during the period. OppenheimerFunds Inc. bought a new position in shares of CNO Financial Group during the fourth quarter valued at approximately $4,982,000. Employees Retirement System of Texas increased its position in shares of CNO Financial Group by 56.3% in the fourth quarter. Employees Retirement System of Texas now owns 211,000 shares of the company’s stock valued at $4,028,000 after buying an additional 76,000 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of CNO Financial Group by 1.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,323,187 shares of the company’s stock valued at $63,439,000 after buying an additional 34,234 shares during the period.

CNO Financial Group, Inc is a holding company for a group of insurance companies operating across the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. It operates through three operating segments: Bankers Life, Washington National and Colonial Penn.

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