Gary Bhojwani Sells 43,021 Shares of CNO Financial Group (NYSE:CNO) Stock

CNO Financial Group, Inc. (NYSE:CNO) CEO Gary Bhojwani sold 43,021 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $43.05, for a total transaction of $1,852,054.05. Following the transaction, the chief executive officer directly owned 277,526 shares in the company, valued at approximately $11,947,494.30. The trade was a 13.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

CNO Financial Group Trading Down 1.2%

Shares of NYSE:CNO opened at $42.53 on Friday. The company has a 50 day moving average of $42.58 and a 200-day moving average of $40.60. The company has a current ratio of 0.17, a quick ratio of 0.18 and a debt-to-equity ratio of 1.43. The firm has a market cap of $4.06 billion, a P/E ratio of 19.07 and a beta of 0.84. CNO Financial Group, Inc. has a twelve month low of $34.63 and a twelve month high of $44.85.

CNO Financial Group (NYSE:CNO) last posted its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.27. The business had revenue of $101.10 million for the quarter, compared to analyst estimates of $1 billion. CNO Financial Group had a net margin of 4.94% and a return on equity of 15.80%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the business earned $1.18 earnings per share. As a group, analysts anticipate that CNO Financial Group, Inc. will post 3.83 earnings per share for the current fiscal year.

CNO Financial Group Dividend Announcement

The company also recently disclosed 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 annualized dividend and a dividend yield of 1.6%. CNO Financial Group’s dividend payout ratio is 30.49%.

CNO Financial Group News Roundup

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

• Positive Sentiment: A company survey from CNO highlights declining retirement confidence among middle‑income Americans — a trend that could boost demand for CNO’s retirement, annuity and supplemental‑health products over time. PR Newswire: Retirement Confidence Survey
• Positive Sentiment: CNO recently declared a quarterly cash dividend ($0.17/share; ex‑dividend March 10, payable March 24), which supports income investors and modestly underpins the stock’s valuation. Market news: Dividend and company summary
• Neutral Sentiment: Recent analyst/commentary pieces are encouraging investors to “reassess” CNO after its multi‑year run; such coverage can prompt portfolio rebalancing (either buys or sells) but doesn’t provide company‑specific catalysts. Yahoo: Is It Time To Reassess CNO?
• Neutral Sentiment: Options markets are showing rising implied volatility for CNO, indicating heavier short‑term trading and greater uncertainty — this amplifies price swings but does not by itself determine direction. MSN: Implied Volatility Surging
• Negative Sentiment: Significant insider selling by senior executives: CEO Gary Bhojwani, the general counsel and other officers sold large blocks of shares on Feb. 17–18 (multiple Form 4 filings show combined sales of many tens of thousands of shares at roughly $43/share). Large, concentrated insider exits are often viewed negatively by the market and are the most likely proximate cause of today’s pullback. SEC Form 4(s): Executive Sales

Analyst Upgrades and Downgrades

CNO has been the topic of several research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of CNO Financial Group in a research report on Wednesday, January 21st. Piper Sandler lifted their price objective on shares of CNO Financial Group from $46.00 to $50.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 23rd. Evercore reissued an “underperform” rating and set a $43.00 target price on shares of CNO Financial Group in a research note on Wednesday. Wall Street Zen cut shares of CNO Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Jefferies Financial Group raised CNO Financial Group from a “hold” rating to a “buy” rating and upped their price target 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 assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $46.25.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Optiver Holding B.V. grew its holdings in shares of CNO Financial Group by 90.1% during the third quarter. Optiver Holding B.V. now owns 637 shares of the financial services provider’s stock worth $25,000 after buying an additional 302 shares in the last quarter. Osaic Holdings Inc. boosted its position in CNO Financial Group by 39.2% during the 2nd quarter. Osaic Holdings Inc. now owns 1,194 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 336 shares during the last quarter. Signaturefd LLC grew its stake in shares of CNO Financial Group by 18.7% during the 4th quarter. Signaturefd LLC now owns 2,217 shares of the financial services provider’s stock worth $94,000 after acquiring an additional 349 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of CNO Financial Group by 32.1% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,553 shares of the financial services provider’s stock worth $61,000 after acquiring an additional 377 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of CNO Financial Group by 25.0% in the fourth quarter. Fifth Third Bancorp now owns 1,888 shares of the financial services provider’s stock valued at $80,000 after purchasing an additional 377 shares during the last quarter. 95.43% of the stock is owned by institutional investors and hedge funds.

About CNO Financial Group

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.