Commonwealth Bank of Australia lifted its stake in shares of CNO Financial Group, Inc. (NYSE:CNO) by 3.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 50,793 shares of the financial services provider’s stock after purchasing an additional 1,600 shares during the quarter. Commonwealth Bank of Australia’s holdings in CNO Financial Group were worth $1,060,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in CNO. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of CNO Financial Group by 9.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,976 shares of the financial services provider’s stock worth $146,000 after purchasing an additional 622 shares during the period. Envestnet Asset Management Inc. raised its position in shares of CNO Financial Group by 1,250.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 9,036 shares of the financial services provider’s stock worth $185,000 after purchasing an additional 8,367 shares during the period. Trexquant Investment LP acquired a new stake in shares of CNO Financial Group during the 2nd quarter worth approximately $202,000. Teza Capital Management LLC acquired a new stake in shares of CNO Financial Group during the 1st quarter worth approximately $219,000. Finally, Laurion Capital Management LP acquired a new stake in shares of CNO Financial Group during the 1st quarter worth approximately $242,000. Institutional investors and hedge funds own 95.39% of the company’s stock.

A number of analysts have recently weighed in on CNO shares. BidaskClub upgraded CNO Financial Group from a “hold” rating to a “buy” rating in a research report on Friday, June 16th. ValuEngine upgraded CNO Financial Group from a “hold” rating to a “buy” rating in a research report on Tuesday, June 27th. Wells Fargo & Company reiterated a “hold” rating on shares of CNO Financial Group in a research report on Tuesday, June 20th. Zacks Investment Research cut CNO Financial Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Finally, FBR & Co reiterated an “outperform” rating and set a $23.00 price target on shares of CNO Financial Group in a research report on Wednesday, May 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $21.29.

CNO Financial Group, Inc. (NYSE:CNO) opened at 22.38 on Friday. The company has a 50-day moving average price of $22.58 and a 200-day moving average price of $21.21. The company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 9.79 and a beta of 1.21. CNO Financial Group, Inc. has a one year low of $14.30 and a one year high of $23.95.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 11th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend is Friday, September 8th. CNO Financial Group’s dividend payout ratio (DPR) is currently 15.72%.

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CNO Financial Group 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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