CNA Financial Co. (NYSE:CNA) Shares Purchased by New York State Common Retirement Fund

New York State Common Retirement Fund raised its holdings in CNA Financial Co. (NYSE:CNA) by 366.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,401,539 shares of the insurance provider’s stock after acquiring an additional 1,101,217 shares during the period. New York State Common Retirement Fund owned approximately 0.52% of CNA Financial worth $68,591,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CNA. AQR Capital Management LLC grew its holdings in CNA Financial by 97.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,152,528 shares of the insurance provider’s stock valued at $51,760,000 after buying an additional 570,172 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of CNA Financial by 45.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,068,956 shares of the insurance provider’s stock valued at $49,247,000 after acquiring an additional 334,463 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of CNA Financial by 1.0% in the first quarter. Vanguard Group Inc. now owns 706,279 shares of the insurance provider’s stock valued at $32,079,000 after purchasing an additional 7,201 shares during the period. Rhumbline Advisers increased its position in CNA Financial by 570.6% during the second quarter. Rhumbline Advisers now owns 529,862 shares of the insurance provider’s stock worth $24,411,000 after purchasing an additional 450,843 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in CNA Financial by 786.5% during the second quarter. American Century Companies Inc. now owns 153,669 shares of the insurance provider’s stock worth $7,080,000 after purchasing an additional 136,334 shares during the period. 98.45% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Insider Transactions at CNA Financial

In other CNA Financial news, EVP Elizabeth Ann Aguinaga sold 26,160 shares of the business’s stock in a transaction that occurred 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other CNA Financial news, EVP Elizabeth Ann Aguinaga sold 26,160 shares of the business’s stock in a transaction dated 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 sale, the executive vice president now directly owns 47,744 shares in the company, valued at $2,368,102.40. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jane Elizabeth Possell sold 4,444 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $48.08, for a total transaction of $213,667.52. Following the completion of the transaction, the executive vice president now directly owns 30,009 shares of the company’s stock, valued at approximately $1,442,832.72. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 49,151 shares of company stock worth $2,449,311. 0.30% of the stock is currently owned by insiders.

CNA Financial Stock Down 0.9 %

Shares of CNA opened at $47.50 on Friday. 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 firm has a market cap of $12.86 billion, a P/E ratio of 10.08, a price-to-earnings-growth ratio of 3.40 and a beta of 0.64. The company’s 50-day moving average price is $49.69 and its 200 day moving average price is $47.23. CNA Financial Co. has a 12-month low of $38.32 and a 12-month high of $52.36.

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.