Rhumbline Advisers Sells 13,993 Shares of CNO Financial Group, Inc. $CNO

Rhumbline Advisers lessened its holdings in shares of CNO Financial Group, Inc. (NYSE:CNO) by 3.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 387,482 shares of the financial services provider’s stock after selling 13,993 shares during the quarter. Rhumbline Advisers owned about 0.40% of CNO Financial Group worth $15,325,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in CNO. Retirement Systems of Alabama bought a new position in CNO Financial Group during the third quarter valued at approximately $11,857,000. Hudson Bay Capital Management LP purchased a new stake in shares of CNO Financial Group in the second quarter worth $10,651,000. Qube Research & Technologies Ltd lifted its stake in shares of CNO Financial Group by 70.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 539,233 shares of the financial services provider’s stock valued at $20,804,000 after purchasing an additional 223,633 shares during the last quarter. Balyasny Asset Management L.P. boosted its position in shares of CNO Financial Group by 32.6% during the second quarter. Balyasny Asset Management L.P. now owns 764,867 shares of the financial services provider’s stock valued at $29,509,000 after buying an additional 187,974 shares during the period. Finally, American Century Companies Inc. lifted its holdings in CNO Financial Group by 6.2% during the 2nd quarter. American Century Companies Inc. now owns 3,121,527 shares of the financial services provider’s stock valued at $120,429,000 after buying an additional 183,493 shares in the last quarter. Hedge funds and other institutional investors own 95.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CNO shares. Piper Sandler raised their price target on shares of CNO Financial Group from $46.00 to $50.00 and gave the company an “overweight” rating in a report on Tuesday, December 23rd. Evercore reaffirmed an “underperform” rating and issued a $43.00 price target on shares of CNO Financial Group in a report on Wednesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of CNO Financial Group in a research note on Wednesday, January 21st. Wall Street Zen cut CNO Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Jefferies Financial Group upgraded shares of CNO Financial Group from a “hold” rating to a “buy” rating and boosted their price objective for the company from $42.00 to $47.00 in a report on Monday, December 15th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $46.25.

Insider Activity at CNO Financial Group

In other news, CEO Gary C. Bhojwani sold 43,021 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $43.05, for a total transaction of $1,852,054.05. Following the transaction, the chief executive officer owned 277,526 shares of the company’s stock, valued at approximately $11,947,494.30. This represents a 13.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Yvonne K. Franzese sold 9,000 shares of CNO Financial Group stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $43.17, for a total transaction of $388,530.00. Following the completion of the transaction, the insider owned 35,062 shares in the company, valued at $1,513,626.54. This trade represents a 20.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 226,431 shares of company stock worth $9,715,996. Corporate insiders own 3.00% of the company’s stock.

CNO Financial Group Stock Performance

CNO stock opened at $42.99 on Thursday. The company has a 50-day simple moving average of $42.55 and a 200 day simple moving average of $40.59. The company has a quick ratio of 0.18, a current ratio of 0.17 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $4.10 billion, a P/E ratio of 19.28 and a beta of 0.84. CNO Financial Group, Inc. has a fifty-two week low of $34.63 and a fifty-two week high of $44.85.

CNO Financial Group (NYSE:CNO) last announced its earnings results on Thursday, February 5th. The financial services provider reported $1.47 EPS for the quarter, topping the consensus estimate of $1.20 by $0.27. CNO Financial Group had a return on equity of 15.80% and a net margin of 4.94%.The firm had revenue of $101.10 million for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the previous year, the company earned $1.18 earnings per share. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. Sell-side analysts predict that CNO Financial Group, Inc. will post 3.83 earnings per share for the current fiscal year.

CNO Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be issued a $0.17 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.6%. CNO Financial Group’s dividend payout ratio is presently 30.49%.

CNO Financial Group News Summary

Here are the key news stories impacting CNO Financial Group this week:

• Positive Sentiment: A CNO consumer survey released by the company shows declining retirement confidence among middle‑income Americans — a trend that could increase demand for retirement and insurance products CNO offers if it drives customers to seek solutions. PR Newswire: Retirement Confidence Survey
• Neutral Sentiment: Options activity shows rising implied volatility on CNO, signaling heavier short‑term trading and heightened uncertainty — this can amplify price moves and option costs but does not by itself indicate direction. MSN: Implied Volatility Surging
• Neutral Sentiment: Analyst/opinion pieces are prompting investors to “reassess” CNO after a multi‑year run — such coverage can lead to portfolio rebalancing (buy or sell) but is informational rather than company‑specific news. Yahoo: Is It Time To Reassess CNO?
• Negative Sentiment: Significant insider selling: CEO Gary Bhojwani, the general counsel and at least one other officer sold large blocks of shares across Feb. 17–18 (combined transactions total several hundred thousand shares at ~\$43/share), reducing their holdings materially — investors often view concentrated executive sales as a negative signal for near‑term sentiment. SEC Form 4(s): Executive Sales

CNO Financial Group Profile

CNO Financial Group is an Indiana‐based holding company that offers a range of insurance and retirement solutions through its operating subsidiaries. Its primary business activities include life insurance, annuities, and supplemental health insurance products designed to help individuals plan for retirement and manage health‐related expenses. The company serves middle‐income Americans, with particular emphasis on senior customers seeking guaranteed coverage and reliable income streams.

Originally founded as Conseco in 1979, the company underwent a financial restructuring and rebranded as CNO Financial Group in 2010.