Carillon Tower Advisers Inc. Has $2.60 Million Stock Position in CNO Financial Group Inc (NYSE:CNO)

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Carillon Tower Advisers Inc. decreased its stake in shares of CNO Financial Group Inc (NYSE:CNO) by 0.8% during the 3rd quarter, Holdings Channel reports. The firm owned 164,182 shares of the financial services provider’s stock after selling 1,300 shares during the period. Carillon Tower Advisers Inc.’s holdings in CNO Financial Group were worth $2,599,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of CNO. Citadel Advisors LLC increased its position in shares of CNO Financial Group by 106.9% during the 2nd quarter. Citadel Advisors LLC now owns 2,853,670 shares of the financial services provider’s stock worth $47,599,000 after purchasing an additional 1,474,518 shares during the last quarter. Pzena Investment Management LLC increased its position in shares of CNO Financial Group by 60.3% during the 2nd quarter. Pzena Investment Management LLC now owns 3,855,224 shares of the financial services provider’s stock worth $64,305,000 after purchasing an additional 1,450,851 shares during the last quarter. Paradice Investment Management LLC increased its position in shares of CNO Financial Group by 14.0% during the 2nd quarter. Paradice Investment Management LLC now owns 5,008,089 shares of the financial services provider’s stock worth $83,535,000 after purchasing an additional 614,372 shares during the last quarter. Nuveen Asset Management LLC increased its position in shares of CNO Financial Group by 24.0% during the 2nd quarter. Nuveen Asset Management LLC now owns 2,783,780 shares of the financial services provider’s stock worth $46,433,000 after purchasing an additional 539,021 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in shares of CNO Financial Group by 67.7% during the 2nd quarter. AQR Capital Management LLC now owns 1,200,757 shares of the financial services provider’s stock worth $20,029,000 after purchasing an additional 484,673 shares during the last quarter. 97.67% of the stock is currently owned by hedge funds and other institutional investors.

CNO stock opened at $17.67 on Thursday. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $2.67 billion, a PE ratio of 9.66 and a beta of 1.22. CNO Financial Group Inc has a 1-year low of $13.64 and a 1-year high of $19.61. The business’s 50 day simple moving average is $15.83 and its 200 day simple moving average is $16.03.

CNO Financial Group (NYSE:CNO) last posted its earnings results on Tuesday, November 5th. The financial services provider reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.02). The business had revenue of $944.00 million for the quarter, compared to analyst estimates of $953.60 million. CNO Financial Group had a return on equity of 6.77% and a net margin of 4.29%. The firm’s revenue was down 36.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.53 earnings per share. As a group, sell-side analysts predict that CNO Financial Group Inc will post 1.84 EPS for the current fiscal year.

Several research firms have weighed in on CNO. Zacks Investment Research lowered CNO Financial Group from a “hold” rating to a “sell” rating and set a $17.00 price target on the stock. in a research report on Thursday, September 12th. Citigroup decreased their target price on CNO Financial Group from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday, September 13th. Finally, ValuEngine lowered CNO Financial Group from a “hold” rating to a “sell” rating in a report on Friday, November 1st. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. CNO Financial Group has a consensus rating of “Hold” and an average target price of $18.33.

In related news, Director Frederick James Sievert sold 9,415 shares of the business’s stock in a transaction that occurred on Tuesday, September 17th. The stock was sold at an average price of $15.94, for a total transaction of $150,075.10. Following the transaction, the director now directly owns 65,555 shares of the company’s stock, valued at approximately $1,044,946.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.50% of the stock is currently owned by insiders.

CNO Financial Group Company Profile

CNO Financial Group, Inc, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off segments.

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Institutional Ownership by Quarter for CNO Financial Group (NYSE:CNO)

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