The stock of Cna Financial Corp (NYSE:CNA) is a huge mover today! About 365,595 shares traded hands or 109.45% up from the average. Cna Financial Corp (NYSE:CNA) has risen 8.54% since March 29, 2016 and is uptrending. It has outperformed by 5.06% the S&P500.
The move comes after 6 months positive chart setup for the $9.98B company. It was reported on Oct, 31 by Barchart.com. We have $49.68 PT which if reached, will make NYSE:CNA worth $3.49 billion more.
Analysts await Cna Financial Corp (NYSE:CNA) to report earnings on November, 7. They expect $0.79 EPS, up 2.60% or $0.02 from last year’s $0.77 per share. CNA’s profit will be $214.24 million for 11.65 P/E if the $0.79 EPS becomes a reality. After $0.74 actual EPS reported by Cna Financial Corp for the previous quarter, Wall Street now forecasts 6.76% EPS growth.
Cna Financial Corp (NYSE:CNA) Ratings Coverage
Out of 3 analysts covering CNA Financial (NYSE:CNA), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. CNA Financial has been the topic of 4 analyst reports since October 16, 2015 according to StockzIntelligence Inc. The firm has “Mkt Perform” rating given on Friday, October 7 by Keefe Bruyette & Woods. The firm has “Buy” rating given on Friday, January 22 by Deutsche Bank.
According to Zacks Investment Research, “CNA Financial Corporation is an insurance holding company whose primary subsidiaries consist of property/casualty and life insurance companies. CNA’s property/casualty insurance operations are conducted by Continental Casualty Company and The Continental Insurance Company. Life insurance operations are conducted by Continental Assurance Company.”
Insitutional Activity: The institutional sentiment decreased to 1.06 in 2016 Q2. Its down 0.26, from 1.32 in 2016Q1. The ratio dropped, as 19 funds sold all Cna Financial Corp shares owned while 47 reduced positions. 16 funds bought stakes while 54 increased positions. They now own 267.60 million shares or 0.25% less from 268.27 million shares in 2016Q1.
Levin Cap Strategies L P owns 36,250 shares or 0.02% of their US portfolio. Prospector Prns Lc last reported 31,850 shares in the company. Neuberger Berman Group Inc Ltd, a New York-based fund reported 18,953 shares. Bislett Limited Liability accumulated 200,000 shares or 4.34% of the stock. Amp Cap Invsts holds 15,600 shares or 0% of its portfolio. Price T Rowe Assocs Md reported 7.45M shares or 0.05% of all its holdings. Ameriprise has invested 0% of its portfolio in Cna Financial Corp (NYSE:CNA). Commercial Bank Of America Corporation De accumulated 0% or 668,434 shares. Mountain Lake Investment Mngmt Ltd Liability holds 100 shares or 0% of its portfolio. Nicholas Wi last reported 11,500 shares in the company. Barclays Public reported 1,431 shares or 0% of all its holdings. Bnp Paribas Arbitrage Sa has invested 0% of its portfolio in Cna Financial Corp (NYSE:CNA). Livforsakringsbolaget Skandia Omsesidigt accumulated 0.02% or 13,500 shares. Geode Cap Management Ltd Llc accumulated 0% or 245,189 shares. Hillsdale Inv Management has invested 0% of its portfolio in Cna Financial Corp (NYSE:CNA).
Another recent and important Cna Financial Corp (NYSE:CNA) news was published by Moodys.com which published an article titled: “Moody’s affirms ratings of CNA Financial Corp (Baa2 senior) and subsidiaries …” on December 18, 2015.
CNA Company Profile
CNA Financial Corporation, incorporated on September 8, 1967, is an insurance holding company. The Company’s divisions include Specialty, Commercial, International, Life & Group Non-Core, and Corporate & Other Non-Core. The Company’s insurance products primarily include commercial property and casualty coverages, including surety. The Company’s services include risk management, information services, and warranty and claims administration. The Company’s property and casualty, and life and group insurance activities are primarily conducted by Continental Casualty Company (CCC), The Continental Insurance Company, Western Surety Company, CNA Insurance Company Limited and Hardy Underwriting Bermuda Limited and its subsidiaries (Hardy).
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