Wealth Enhancement Advisory Services LLC Sells 1,089 Shares of CNA Financial Corporation $CNA

Wealth Enhancement Advisory Services LLC decreased its position in shares of CNA Financial Corporation (NYSE:CNA) by 3.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,845 shares of the insurance provider’s stock after selling 1,089 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in CNA Financial were worth $1,227,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Hexagon Capital Partners LLC increased its position in CNA Financial by 56.4% during the first quarter. Hexagon Capital Partners LLC now owns 624 shares of the insurance provider’s stock valued at $32,000 after acquiring an additional 225 shares during the last quarter. GAMMA Investing LLC increased its position in CNA Financial by 10.3% during the first quarter. GAMMA Investing LLC now owns 2,262 shares of the insurance provider’s stock valued at $115,000 after acquiring an additional 211 shares during the last quarter. Atlas Capital Advisors Inc. bought a new position in CNA Financial during the first quarter valued at $158,000. Longboard Asset Management LP bought a new position in CNA Financial during the first quarter valued at $207,000. Finally, US Bancorp DE increased its position in CNA Financial by 12.4% during the first quarter. US Bancorp DE now owns 4,164 shares of the insurance provider’s stock valued at $211,000 after acquiring an additional 461 shares during the last quarter. Institutional investors own 98.45% of the company’s stock.

Insider Transactions at CNA Financial

In related news, CFO Scott R. Lindquist sold 10,000 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $48.81, for a total value of $488,100.00. Following the completion of the sale, the chief financial officer directly owned 89,867 shares of the company’s stock, valued at $4,386,408.27. This represents a 10.01% 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, Chairman Dino Robusto sold 6,250 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $49.00, for a total transaction of $306,250.00. Following the completion of the sale, the chairman directly owned 686,838 shares of the company’s stock, valued at approximately $33,655,062. This trade represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,630 shares of company stock worth $1,204,802. Company insiders own 0.36% of the company’s stock.

CNA Financial Trading Up 1.1%

NYSE CNA opened at $46.45 on Wednesday. The company’s 50-day moving average price is $47.01 and its 200-day moving average price is $47.13. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.23. The stock has a market cap of $12.57 billion, a PE ratio of 14.47, a PEG ratio of 4.09 and a beta of 0.54. CNA Financial Corporation has a 12 month low of $43.29 and a 12 month high of $51.42.

CNA Financial (NYSE:CNA) last posted its quarterly earnings results on Monday, August 4th. The insurance provider reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.29. The firm had revenue of $3.37 billion for the quarter, compared to analysts’ expectations of $2.76 billion. CNA Financial had a net margin of 5.99% and a return on equity of 11.85%. During the same period in the prior year, the business posted $1.19 earnings per share. Equities research analysts forecast that CNA Financial Corporation will post 4.64 earnings per share for the current year.

CNA Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were issued a $0.46 dividend. The ex-dividend date was Monday, August 18th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.0%. CNA Financial’s dividend payout ratio is presently 57.32%.

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.