CNO Financial Group Inc (NYSE:CNO) EVP Matthew J. Zimpfer sold 15,112 shares of CNO Financial Group stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $16.51, for a total transaction of $249,499.12. Following the transaction, the executive vice president now directly owns 149,504 shares in the company, valued at $2,468,311.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

CNO stock opened at $16.76 on Friday. The company has a market cap of $2.67 billion, a price-to-earnings ratio of 9.16 and a beta of 1.29. CNO Financial Group Inc has a one year low of $13.64 and a one year high of $22.54. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.67.

CNO Financial Group (NYSE:CNO) last posted its quarterly earnings results on Monday, April 29th. The financial services provider reported $0.41 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.04). The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $951.93 million. CNO Financial Group had a positive return on equity of 7.75% and a negative net margin of 8.03%. The company’s revenue was up 1.5% compared to the same quarter last year. During the same period last year, the business posted $0.39 earnings per share. On average, analysts anticipate that CNO Financial Group Inc will post 2.02 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 24th. Shareholders of record on Monday, June 10th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, June 7th. This is an increase from CNO Financial Group’s previous quarterly dividend of $0.10. This represents a $0.44 annualized dividend and a dividend yield of 2.63%. CNO Financial Group’s dividend payout ratio (DPR) is 21.86%.

Hedge funds have recently bought and sold shares of the business. JOYN Advisors Inc. increased its stake in shares of CNO Financial Group by 447.9% in the fourth quarter. JOYN Advisors Inc. now owns 1,967 shares of the financial services provider’s stock worth $29,000 after buying an additional 1,608 shares during the period. Quadrant Capital Group LLC increased its stake in shares of CNO Financial Group by 888.0% in the first quarter. Quadrant Capital Group LLC now owns 3,952 shares of the financial services provider’s stock worth $61,000 after buying an additional 3,552 shares during the period. Advisors Preferred LLC purchased a new position in shares of CNO Financial Group in the fourth quarter worth $64,000. Oregon Public Employees Retirement Fund increased its stake in shares of CNO Financial Group by 1,388.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 982,214 shares of the financial services provider’s stock worth $66,000 after buying an additional 916,205 shares during the period. Finally, Amundi Pioneer Asset Management Inc. purchased a new position in shares of CNO Financial Group in the fourth quarter worth $91,000. 97.02% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have commented on the stock. ValuEngine raised shares of CNO Financial Group from a “strong sell” rating to a “sell” rating in a research note on Wednesday, May 8th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $21.00 price target on shares of CNO Financial Group in a research note on Thursday, February 14th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $21.00.

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About CNO Financial Group

CNO Financial Group, Inc, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off segments.

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Insider Buying and Selling by Quarter for CNO Financial Group (NYSE:CNO)

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