BlackRock Institutional Trust Company N.A. decreased its position in shares of CNA Financial Corp. (NYSE:CNA) by 3.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,396,404 shares of the company’s stock after selling 46,644 shares during the period. BlackRock Institutional Trust Company N.A. owned 0.52% of CNA Financial Corp. worth $44,936,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Denali Advisors LLC raised its stake in shares of CNA Financial Corp. by 0.4% in the first quarter. Denali Advisors LLC now owns 98,100 shares of the company’s stock worth $3,157,000 after buying an additional 400 shares during the last quarter. Aston Asset Management LLC raised its stake in shares of CNA Financial Corp. by 3.1% in the first quarter. Aston Asset Management LLC now owns 13,520 shares of the company’s stock worth $435,000 after buying an additional 402 shares during the last quarter. Mraz Amerine & Associates Inc. raised its stake in shares of CNA Financial Corp. by 1.4% in the fourth quarter. Mraz Amerine & Associates Inc. now owns 35,568 shares of the company’s stock worth $1,250,000 after buying an additional 490 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in shares of CNA Financial Corp. by 1.9% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 30,778 shares of the company’s stock worth $1,082,000 after buying an additional 570 shares during the last quarter. Finally, California State Teachers Retirement System increased its position in CNA Financial Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 51,403 shares of the company’s stock worth $1,807,000 after buying an additional 795 shares during the period.
CNA Financial Corp. (NYSE:CNA) traded down 0.85% during trading on Friday, hitting $31.60. The stock had a trading volume of 77,197 shares. The firm has a market cap of $8.55 billion and a price-to-earnings ratio of 27.48. The firm’s 50 day moving average is $31.46 and its 200 day moving average is $31.77. CNA Financial Corp. has a 1-year low of $27.99 and a 1-year high of $40.28.
CNA Financial Corp. (NYSE:CNA) last announced its earnings results on Monday, May 2nd. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.01. During the same period last year, the business earned $0.83 EPS. On average, analysts anticipate that CNA Financial Corp. will post $2.70 earnings per share for the current year.
A number of research firms have recently commented on CNA. TheStreet upgraded CNA Financial Corp. from a “hold” rating to a “buy” rating in a report on Monday, May 2nd. Zacks Investment Research upgraded CNA Financial Corp. from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 19th.
CNA Financial Corporation is an insurance holding company. The Company’s segments include Specialty, Commercial, International, Life & Group Non-Core, and Corporate & Other Non-Core. The Specialty segment provides an array of professional, financial, and specialty property and casualty products and services.