Elizabeth Ann Aguinaga sells 26,160 shares of CNA Financial Co. (NYSE:CNA)

VaselineAugust 23, 2024

0 3 minutes read

CNA Financial Co. (NYSE:CNA – Get Your Free Report) EVP Elizabeth Ann Aguinaga sold 26,160 shares of CNA Financial stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $49.60, for a total transaction of $1,297,536.00. Following the completion of the transaction, the executive vice president now directly owns 47,744 shares in the company, valued at $2,368,102.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available via this hyperlink.

Performance of CNA financial shares

Shares of CNA stock opened at $49.97 on Friday. The firm has a market cap of $13.56 billion, a price-to-earnings ratio of 10.91, a PEG ratio of 3.34 and a beta of 0.64. The company has a current ratio of 0.27, a quick ratio of 0.27, and a debt-to-equity ratio of 0.30. The company’s 50-day moving average price is $46.99 and its 200-day moving average price is $45.35. CNA Financial Co. has a 12-month low of $37.95 and a 12-month high of $50.79.

CNA Financial (NYSE:CNA – Get Your Free Report ) last posted its earnings results on Monday, July 29th. The insurance provider reported $1.19 EPS for the quarter, hitting the consensus estimate of $1.19. CNA Financial had a net margin of 9.27% and a return on equity of 14.02%. The company had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.08 billion. During the same period last year, the company earned $1.13 EPS. Equity research analysts predict that CNA Financial Co. will record 4.87 EPS for the current year.

Announcement regarding CNA’s financial dividends

Want more great investment ideas?

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 29th. Investors of record on Monday, August 12th will be given a $0.44 dividend. The ex-dividend date is Monday, August 12. This represents an annualized dividend of $1.76 and a dividend yield of 3.52%. CNA Financial’s dividend payout ratio is 38.43%.

CNA Financial Institutional Trading

A number of institutional investors and hedge funds have recently bought and sold shares of CNA. GAMMA Investing LLC bought a new stake in shares of CNA Financial in the 4th quarter valued at about $39,000. Allspring Global Investments Holdings LLC bought a new position in shares of CNA Financial in the fourth quarter worth about $48,000. Fairscale Capital LLC purchased a new position in shares of CNA Financial in the second quarter valued at about $55,000. Abich Financial Wealth Management LLC boosted its holdings in CNA Financial by 39.1% in the first quarter. Abich Financial Wealth Management LLC now owns 1,756 shares of the insurance provider’s stock valued at $80,000 after acquiring an additional 494 shares in the last quarter. Finally, Covestor Ltd grew its position in CNA Financial by 82.0% in the first quarter. Covestor Ltd now owns 1,971 shares of the insurance provider’s stock valued at $90,000 after buying an additional 888 shares during the period. 98.45% of shares are currently owned by institutional investors and hedge funds.

Changes in Analyst Ratings

A number of equities analysts have recently issued reports on CNA shares. StockNews.com upgraded shares of CNA Financial from a “hold” rating to a “buy” rating in a research report on Thursday, May 16th. Keefe, Bruyette & Woods upped their target price on shares of CNA Financial from $48.00 to $53.00 and gave the stock a “market perform” rating in a research note on Thursday, August 1st.

Read the latest stock analysis on CNA

CNA financial company profile

(Get a free report)

CNA Financial Corporation provides commercial property and casualty insurance products in the United States and internationally. It operates through specialty, commercial, international, life and group and corporate and others segments. The company provides professional liability coverage and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary and fiduciary coverages, and cyber for small and medium-sized firms, public and private firms, and non-profit organizations; professional and general liability and associated accident coverages for the healthcare industry; guarantees and fidelity bonds; and collateral products and alternative risks.