CNA Financial Corporation (NYSE:CNA)‘s stock had its “hold” rating reaffirmed by Keefe, Bruyette & Woods in a research note issued to investors on Thursday. They currently have a $50.00 price target on the insurance provider’s stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 0.77% from the company’s current price.

Several other brokerages also recently issued reports on CNA. BidaskClub upgraded shares of CNA Financial Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. Zacks Investment Research downgraded CNA Financial Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Finally, ValuEngine upgraded CNA Financial Corporation from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $47.00.

Shares of CNA Financial Corporation (NYSE CNA) opened at 49.62 on Thursday. The firm has a market capitalization of $13.45 billion, a PE ratio of 12.08 and a beta of 1.24. The stock has a 50 day moving average price of $50.50 and a 200 day moving average price of $47.18. CNA Financial Corporation has a 1-year low of $32.50 and a 1-year high of $53.67.

CNA Financial Corporation (NYSE:CNA) last announced its quarterly earnings results on Monday, July 31st. The insurance provider reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.13. The company had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.35 billion. CNA Financial Corporation had a net margin of 11.72% and a return on equity of 8.40%. During the same period in the prior year, the business earned $0.77 earnings per share. Equities research analysts anticipate that CNA Financial Corporation will post $3.39 earnings per share for the current fiscal year.

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In other CNA Financial Corporation news, CFO D Craig Mense sold 23,450 shares of the stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $52.66, for a total transaction of $1,234,877.00. Following the completion of the sale, the chief financial officer now directly owns 130,548 shares in the company, valued at approximately $6,874,657.68. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.53% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. LSV Asset Management boosted its position in shares of CNA Financial Corporation by 5.3% during the 2nd quarter. LSV Asset Management now owns 1,424,022 shares of the insurance provider’s stock worth $69,421,000 after purchasing an additional 71,520 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of CNA Financial Corporation by 859.0% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 702,238 shares of the insurance provider’s stock worth $34,232,000 after purchasing an additional 629,013 shares in the last quarter. Bank of America Corp DE boosted its position in shares of CNA Financial Corporation by 0.5% during the 1st quarter. Bank of America Corp DE now owns 693,798 shares of the insurance provider’s stock worth $30,645,000 after purchasing an additional 3,408 shares in the last quarter. First Trust Advisors LP boosted its position in shares of CNA Financial Corporation by 5.1% during the 2nd quarter. First Trust Advisors LP now owns 610,905 shares of the insurance provider’s stock worth $29,782,000 after purchasing an additional 29,481 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of CNA Financial Corporation by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 550,006 shares of the insurance provider’s stock worth $24,294,000 after purchasing an additional 20,462 shares in the last quarter. 99.56% of the stock is currently owned by institutional investors.

About CNA Financial Corporation

CNA Financial Corporation is an insurance holding company. The Company’s segments include Specialty, Commercial, International, Life & Group Non-Core, and Corporate & Other Non-Core. Its Specialty segment provides a range of professional, financial, and specialty property, and casualty products and services.

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