KCG Holdings Inc. Has $660000 Position in CNO Financial Group, Inc. (CNO)

Bruno Cirelli
Luglio 23, 2017

Shares of CNO Financial Group, Inc. (NYSE:CNO) by 304.8% during the second quarter, according to its most recent filing with the SEC.

Accern also gave news stories about the financial services provider an impact score of 68 out of 100, indicating that recent news coverage is likely to have an impact on the company's share price in the next several days. CNO Financial Group, Inc. shares had a trading volume of 933K in the last trading session. Renaissance Technologies LLC now owns 206,900 shares of the financial services provider's stock valued at $3,962,000 after buying an additional 149,100 shares during the last quarter.

Following U.S. election volatility some analysts have updated their recommended target prices on shares of CNO Financial Group, Inc. Paradice Investment Management LLC now owns 3,404,022 shares of the financial services provider's stock worth $69,782,000 after buying an additional 271,764 shares in the last quarter. Finally, Laurion Capital Management LP acquired a new position in shares of CNO Financial Group during the first quarter valued at about $242,000. The value of the total investment in CNO Financial Group, Inc. increased from $623,000 to $1,542,000 increasing 147.5% quarter to quarter. Russell Investments Group Ltd. raised its stake in CNO Financial Group by 52.3% in the first quarter. Nuveen Asset Management LLC now owns 1,457,274 shares of the financial services provider's stock valued at $29,874,000 after buying an additional 391,469 shares during the last quarter. Hedge funds and other institutional investors own 94.42% of the company's stock. (NYSE:CNO) notched a 12-month high of $21.42 while $23.00 target is by far the most aggressive out of analysts who are now evaluating CNO, $1.58 higher than the next highest 52-week price estimate. (CNO) opened at 21.84 on Friday. The firm owned 1,411,474 shares of the financial services provider's stock after selling 50,192 shares during the period. The firm has a 50-day moving average price of $20.70 and a 200 day moving average price of $20.43. The company has a market capitalization of $3.74 billion, a PE ratio of 10.26 and a beta of 1.20.

01/30/2015 - Jefferies began new coverage on CNO Financial Group, Inc. giving the company a " rating.

CNO Financial Group (NYSE:CNO) last released its quarterly earnings data on Wednesday, April 26th.

Last time, the company shocked Wall Street by reporting EPS of $0.34, smashing the consensus of $0.30 per share. The business had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.01 billion. CNO Financial Group had a net margin of 9.16% and a return on equity of 5.51%. CNO Financial Group's revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.26 earnings per share. Equities analysts predict that CNO Financial Group, Inc. will post $1.50 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 23rd. Stockholders of record on Friday, June 9th were issued a dividend of $0.09 per share. The ex-dividend date was Wednesday, June 7th. This buyback authorization authorizes the financial services provider to reacquire up to 8.3% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

WARNING: "Shelton Capital Management Continues to Hold Stake in CNO Financial Group, Inc. (CNO)" was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another domain, it was illegally stolen and reposted in violation of US & worldwide trademark & copyright laws. FBR & Co restated an "outperform" rating and set a $23.00 price objective on shares of CNO Financial Group in a research note on Wednesday, May 31st. BidaskClub upgraded shares of CNO Financial Group from a "hold" rating to a "buy" rating in a research note on Wednesday, July 5th. Finally, ValuEngine upgraded CNO Financial Group from a "hold" rating to a "buy" rating in a report on Tuesday, June 27th. On Tuesday, August 25 the stock rating was maintained by BTIG Research with "Buy". The stock presently has a consensus rating of "Hold" and an average price target of $19.63.

CNO Financial Group, Inc is a holding company for a group of insurance companies operating throughout the United States that develops, markets and administers health insurance, annuity, individual life insurance and other insurance products.

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