Cwm LLC Has $1.64 Million Holdings in CNA Financial Corporation (NYSE:CNA)

Cwm LLC lifted its holdings in shares of CNA Financial Corporation (NYSE:CNA) by 49.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,290 shares of the insurance provider’s stock after purchasing an additional 10,735 shares during the period. Cwm LLC’s holdings in CNA Financial were worth $1,640,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hexagon Capital Partners LLC lifted its holdings in CNA Financial by 56.4% in the first quarter. Hexagon Capital Partners LLC now owns 624 shares of the insurance provider’s stock valued at $32,000 after buying an additional 225 shares during the period. True Wealth Design LLC raised its holdings in shares of CNA Financial by 60.4% during the fourth quarter. True Wealth Design LLC now owns 1,166 shares of the insurance provider’s stock valued at $56,000 after purchasing an additional 439 shares during the period. Quantbot Technologies LP acquired a new position in shares of CNA Financial during the fourth quarter valued at about $74,000. Covestor Ltd raised its holdings in shares of CNA Financial by 33.4% during the fourth quarter. Covestor Ltd now owns 2,079 shares of the insurance provider’s stock valued at $100,000 after purchasing an additional 521 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in shares of CNA Financial by 1,785.7% during the fourth quarter. Farther Finance Advisors LLC now owns 2,112 shares of the insurance provider’s stock valued at $102,000 after purchasing an additional 2,000 shares during the period. Institutional investors and hedge funds own 98.45% of the company’s stock.

Insider Transactions at CNA Financial

In other CNA Financial news, Chairman Dino Robusto sold 6,250 shares of the business’s stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $47.63, for a total value of $297,687.50. Following the transaction, the chairman directly owned 705,588 shares in the company, valued at $33,607,156.44. The trade was a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark Steven James sold 5,015 shares of the business’s stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $48.35, for a total transaction of $242,475.25. Following the completion of the transaction, the executive vice president owned 27,059 shares in the company, valued at approximately $1,308,302.65. The trade was a 15.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 17,515 shares of company stock valued at $837,725 over the last ninety days. 0.30% of the stock is currently owned by insiders.

CNA Financial Price Performance

Shares of NYSE CNA opened at $44.24 on Friday. The firm’s 50-day moving average price is $46.26 and its 200-day moving average price is $47.72. CNA Financial Corporation has a 1-year low of $43.29 and a 1-year high of $52.36. The firm has a market capitalization of $11.97 billion, a P/E ratio of 13.49, a P/E/G ratio of 5.78 and a beta of 0.51. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.24.

CNA Financial (NYSE:CNA) last posted its earnings results on Monday, May 5th. The insurance provider reported $1.03 EPS for the quarter, missing the consensus estimate of $1.16 by ($0.13). The business had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.68 billion. CNA Financial had a return on equity of 11.99% and a net margin of 6.19%. During the same period in the previous year, the firm earned $1.30 earnings per share. Equities research analysts anticipate that CNA Financial Corporation will post 4.64 earnings per share for the current fiscal year.

CNA Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, May 19th were given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date was Monday, May 19th. CNA Financial’s payout ratio is 56.10%.

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.