Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of CNO Financial Group, Inc. (NYSE:CNO) by 9.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,976 shares of the financial services provider’s stock after acquiring an additional 622 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in CNO Financial Group were worth $146,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Nuveen Asset Management LLC increased its position in shares of CNO Financial Group by 36.7% during the first quarter. Nuveen Asset Management LLC now owns 1,457,274 shares of the financial services provider’s stock worth $29,874,000 after acquiring an additional 391,469 shares in the last quarter. Paradice Investment Management LLC increased its position in shares of CNO Financial Group by 8.7% during the first quarter. Paradice Investment Management LLC now owns 3,404,022 shares of the financial services provider’s stock worth $69,782,000 after acquiring an additional 271,764 shares in the last quarter. Bank of Montreal Can increased its position in shares of CNO Financial Group by 304.8% during the second quarter. Bank of Montreal Can now owns 768,689 shares of the financial services provider’s stock worth $16,050,000 after acquiring an additional 578,803 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of CNO Financial Group by 15.8% during the second quarter. Victory Capital Management Inc. now owns 1,255,682 shares of the financial services provider’s stock worth $26,219,000 after acquiring an additional 171,722 shares in the last quarter. Finally, BlackRock Inc. increased its position in shares of CNO Financial Group by 13,916.4% during the first quarter. BlackRock Inc. now owns 16,909,850 shares of the financial services provider’s stock worth $346,652,000 after acquiring an additional 16,789,207 shares in the last quarter. 95.37% of the stock is owned by institutional investors.

CNO Financial Group, Inc. (NYSE:CNO) opened at 22.92 on Wednesday. CNO Financial Group, Inc. has a 52-week low of $14.30 and a 52-week high of $23.95. The company has a 50-day moving average of $22.58 and a 200-day moving average of $21.23. The company has a market cap of $3.87 billion, a P/E ratio of 10.02 and a beta of 1.21.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 11th will be issued a dividend of $0.09 per share. The ex-dividend date is Friday, September 8th. This represents a $0.36 annualized dividend and a yield of 1.57%. CNO Financial Group’s payout ratio is 15.72%.

Several brokerages have recently issued reports on CNO. Zacks Investment Research raised shares of CNO Financial Group from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research report on Monday, August 7th. Morgan Stanley downgraded shares of 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. BidaskClub raised shares of CNO Financial Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 2nd. FBR & Co reissued an “outperform” rating and set a $23.00 price objective on shares of CNO Financial Group in a research report on Wednesday, May 31st. Finally, Wells Fargo & Company reissued a “hold” rating on shares of CNO Financial Group in a research report on Monday, June 5th. One research analyst has rated the stock with a sell rating, six have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. CNO Financial Group has a consensus rating of “Hold” and a consensus price target of $21.29.

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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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