Capula Management Ltd Has $5.09 Million Stock Holdings in CNA Financial Corporation $CNA

Capula Management Ltd increased its stake in shares of CNA Financial Corporation (NYSE:CNA) by 24.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 109,529 shares of the insurance provider’s stock after buying an additional 21,591 shares during the period. Capula Management Ltd’s holdings in CNA Financial were worth $5,089,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. AQR Capital Management LLC raised its holdings in CNA Financial by 3.4% in the 2nd quarter. AQR Capital Management LLC now owns 2,435,892 shares of the insurance provider’s stock valued at $112,806,000 after acquiring an additional 80,700 shares during the period. First Trust Advisors LP lifted its position in CNA Financial by 15.2% during the third quarter. First Trust Advisors LP now owns 1,183,892 shares of the insurance provider’s stock worth $55,004,000 after acquiring an additional 156,077 shares during the last quarter. CORDA Investment Management LLC. boosted its holdings in shares of CNA Financial by 2.5% during the third quarter. CORDA Investment Management LLC. now owns 701,884 shares of the insurance provider’s stock worth $32,610,000 after acquiring an additional 17,046 shares during the period. UBS Group AG boosted its holdings in shares of CNA Financial by 70.8% during the third quarter. UBS Group AG now owns 689,473 shares of the insurance provider’s stock worth $32,033,000 after acquiring an additional 285,850 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of CNA Financial by 0.3% in the third quarter. Vanguard Group Inc. now owns 546,545 shares of the insurance provider’s stock valued at $25,392,000 after purchasing an additional 1,852 shares during the last quarter. Institutional investors and hedge funds own 98.45% of the company’s stock.

Wall Street Analyst Weigh In

CNA has been the topic of a number of recent research reports. Zacks Research lowered CNA Financial from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Wall Street Zen lowered CNA Financial from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. Finally, Weiss Ratings upgraded CNA Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, CNA Financial has an average rating of “Moderate Buy”.

Insider Buying and Selling

In other CNA Financial news, Chairman Dino Robusto sold 6,250 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $47.62, for a total transaction of $297,625.00. Following the transaction, the chairman owned 661,838 shares in the company, valued at $31,516,725.56. This trade represents a 0.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.30% of the stock is currently owned by company insiders.

CNA Financial Stock Performance

NYSE CNA opened at $46.63 on Friday. The firm has a 50-day moving average price of $47.77 and a two-hundred day moving average price of $46.93. CNA Financial Corporation has a 12-month low of $43.29 and a 12-month high of $51.34. The company has a market capitalization of $12.62 billion, a P/E ratio of 9.94, a P/E/G ratio of 6.75 and a beta of 0.34. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.26.

CNA Financial (NYSE:CNA) last announced its earnings results on Monday, February 9th. The insurance provider reported $1.16 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.04). CNA Financial had a return on equity of 12.23% and a net margin of 8.53%.The business had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $2.88 billion. During the same period in the prior year, the business posted $1.25 earnings per share. Analysts anticipate that CNA Financial Corporation will post 4.64 earnings per share for the current year.

CNA Financial Announces Dividend

The business also recently declared an annual dividend, which was paid on Thursday, March 12th. Investors of record on Monday, February 23rd were given a dividend of $2.00 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a yield of 409.0%. CNA Financial’s dividend payout ratio is currently 40.94%.

CNA Financial Company Profile

CNA Financial Corporation is a leading U.S.-based commercial property and casualty insurance company offering a broad portfolio of risk management and insurance solutions. The company underwrites coverage for businesses of all sizes across a variety of industry sectors, including manufacturing, healthcare, energy, technology, construction and real estate. In addition to core property and casualty insurance, CNA delivers specialized products such as surety bonds, professional liability, environmental liability and commercial auto coverage.

Headquartered in Chicago, Illinois, CNA traces its origins to the founding of Continental Casualty Company in 1897.