Impact Partnership Wealth LLC Has $419,000 Holdings in CNA Financial Co. (NYSE:CNA)

Impact Partnership Wealth LLC decreased its stake in shares of CNA Financial Co. (NYSE:CNA) by 2.6% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 8,565 shares of the insurance provider’s stock after selling 230 shares during the period. Impact Partnership Wealth LLC’s holdings in CNA Financial were worth $419,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Janiczek Wealth Management LLC grew its holdings in CNA Financial by 34.9% during the first quarter. Janiczek Wealth Management LLC now owns 3,663 shares of the insurance provider’s stock valued at $166,000 after purchasing an additional 947 shares during the last quarter. Measured Wealth Private Client Group LLC raised its holdings in CNA Financial by 76.8% in the 1st quarter. Measured Wealth Private Client Group LLC now owns 10,826 shares of the insurance provider’s stock worth $492,000 after acquiring an additional 4,702 shares during the period. Wealthstar Advisors LLC lifted its position in CNA Financial by 11.6% during the 1st quarter. Wealthstar Advisors LLC now owns 8,091 shares of the insurance provider’s stock worth $367,000 after acquiring an additional 842 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in CNA Financial by 4.7% during the first quarter. Commonwealth Equity Services LLC now owns 52,935 shares of the insurance provider’s stock valued at $2,404,000 after acquiring an additional 2,357 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of CNA Financial in the first quarter valued at about $231,000. 98.45% of the stock is owned by institutional investors.

CNA Financial Stock Performance

Shares of NYSE:CNA traded down $0.05 on Thursday, hitting $49.59. 6,604 shares of the company were exchanged, compared to its average volume of 276,248. The company’s 50 day moving average price is $49.86 and its two-hundred day moving average price is $47.02. The firm has a market capitalization of $13.45 billion, a price-to-earnings ratio of 10.83, a PEG ratio of 3.31 and a beta of 0.64. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.27 and a current ratio of 0.27. CNA Financial Co. has a one year low of $38.32 and a one year high of $52.36.

CNA Financial (NYSE:CNA) last issued its quarterly earnings results on Monday, July 29th. The insurance provider reported $1.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.19. CNA Financial had a return on equity of 14.02% and a net margin of 9.27%. The firm had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.08 billion. During the same period in the previous year, the company posted $1.13 earnings per share. Research analysts expect that CNA Financial Co. will post 4.85 earnings per share for the current year.

CNA Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Monday, August 12th were given a $0.44 dividend. The ex-dividend date was Monday, August 12th. This represents a $1.76 annualized dividend and a yield of 3.55%. CNA Financial’s dividend payout ratio (DPR) is currently 38.43%.

Insider Buying and Selling

In other news, EVP Jane Elizabeth Possell sold 4,444 shares of the stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $48.08, for a total value of $213,667.52. Following the completion of the transaction, the executive vice president now owns 30,009 shares in the company, valued at approximately $1,442,832.72. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, EVP Elizabeth Ann Aguinaga sold 26,160 shares of the business’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $49.60, for a total value of $1,297,536.00. Following the sale, the executive vice president now owns 47,744 shares of the company’s stock, valued at $2,368,102.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Jane Elizabeth Possell sold 4,444 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $48.08, for a total value of $213,667.52. Following the transaction, the executive vice president now owns 30,009 shares of the company’s stock, valued at $1,442,832.72. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 49,151 shares of company stock valued at $2,449,311 over the last ninety days. 0.30% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Bank of America boosted their price objective on CNA Financial from $45.00 to $48.00 and gave the stock an “underperform” rating in a research report on Thursday, October 10th. Keefe, Bruyette & Woods increased their price objective on CNA Financial from $48.00 to $53.00 and gave the company a “market perform” rating in a research report on Thursday, August 1st.

CNA Financial Company Profile

CNA Financial Corporation provides commercial property and casualty insurance products in the United States and internationally. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages 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 fidelity and cyber coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products.