Cna Financial Corp Sentiment Worsening on Low Stock Potential

June 11, 2018 - By Bradley Stiles

CNA Financial Corporation (NYSE:CNA) Logo

Sentiment for Cna Financial Corp (NYSE:CNA)

Cna Financial Corp (NYSE:CNA) institutional sentiment decreased to 1.04 in Q1 2018. Its down -0.09, from 1.13 in 2017Q4. The ratio has worsened, as 84 institutional investors opened new or increased equity positions, while 81 sold and trimmed stakes in Cna Financial Corp. The institutional investors in our partner’s database reported: 268.59 million shares, down from 268.99 million shares in 2017Q4. Also, the number of institutional investors holding Cna Financial Corp in their top 10 equity positions increased from 3 to 4 for an increase of 1. Sold All: 15 Reduced: 66 Increased: 51 New Position: 33.

CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. The company has market cap of $13.07 billion. It operates through Specialty, Commercial, International, Life & Group Non-Core, and Corporate & Other Non-Core divisions. It has a 14.59 P/E ratio. The companyÂ’s property insurance products include property, marine, boiler, and machinery coverages; and casualty insurance products comprise workers compensation, general and product liability, commercial auto, and umbrella coverages.

The stock decreased 0.72% or $0.35 during the last trading session, reaching $48.16. About 33,072 shares traded. CNA Financial Corporation (NYSE:CNA) has risen 9.57% since June 11, 2017 and is uptrending. It has underperformed by 3.00% the S&P500.

Analysts await CNA Financial Corporation (NYSE:CNA) to report earnings on July, 30. They expect $0.98 earnings per share, up 11.36 % or $0.10 from last year’s $0.88 per share. CNA’s profit will be $265.94 million for 12.29 P/E if the $0.98 EPS becomes a reality. After $1.03 actual earnings per share reported by CNA Financial Corporation for the previous quarter, Wall Street now forecasts -4.85 % negative EPS growth.

Loews Corp holds 80.23% of its portfolio in CNA Financial Corporation for 242.65 million shares. Bislett Management Llc owns 182,800 shares or 5.01% of their US portfolio. Moreover, Private Management Group Inc has 2.54% invested in the company for 962,582 shares. The New York-based Donald Smith & Co. Inc. has invested 2.37% in the stock. Denali Advisors Llc, a California-based fund reported 256,000 shares.

Since January 1, 0001, it had 0 buys, and 4 insider sales for $1.11 million activity.

More notable recent CNA Financial Corporation (NYSE:CNA) news were published by: Prnewswire.com which released: “CNA Appoints Bruce Dmytrow to Senior Vice President, Healthcare” on May 17, 2018, also Prnewswire.com with their article: “CNA Appoints Garrett Williams as Senior Vice President and Chief Compliance Officer” published on June 06, 2018, Prnewswire.com published: “CNA Opens New Global Headquarters” on June 01, 2018. More interesting news about CNA Financial Corporation (NYSE:CNA) were released by: Prnewswire.com and their article: “CNA Announces Jennifer Livingstone as Chief Marketing Officer” published on June 07, 2018 as well as Prnewswire.com‘s news article titled: “CNA, The John Buck Company and City of Chicago Celebrate Grand Opening of CNA Center” with publication date: June 05, 2018.

CNA Financial Corporation (NYSE:CNA) Institutional Positions Chart

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