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CNO Financial Group (NYSE:CNO) Insider Christopher Nickele unloaded 100,100 shares of the company’s stock on the open market in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $14.60, for a total value of $1,461,460.00. Following the transaction, the insider now directly owns 175,726 shares in the company. The sale was disclosed in a legal filing with the SEC, which is available at this link.
CNO has been the subject of a number of recent research reports. Analysts at Zacks reiterated an “outperform” rating on shares of CNO Financial Group (NYSE:CNO) in a research note to investors on Tuesday, July 30th. They now have a $17.00 price target on the stock. Separately, analysts at Evercore Partners raised their price target on shares of CNO Financial Group (NYSE:CNO) from $13.50 to $16.00 in a research note to investors on Monday, July 15th. Finally, analysts at FBR Capital Markets raised their price target on shares of CNO Financial Group (NYSE:CNO) from $13.00 to $16.00 in a research note to investors on Tuesday, July 9th. They now have an “outperform” rating on the stock.
Three analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of $14.40.
CNO Financial Group (NYSE:CNO) traded up 0.07% on Tuesday, hitting $14.70. 3,086,644 shares of the company’s stock traded hands. CNO Financial Group has a one year low of $8.26 and a one year high of $14.97. The stock has a 50-day moving average of $14.35 and a 200-day moving average of $12.56. The company has a market cap of $3.268 billion and a price-to-earnings ratio of 19.35.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 24th. Investors of record on Tuesday, September 10th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.82%. The ex-dividend date is Friday, September 6th.
CNO Financial Group, Inc (NYSE:CNO) is a holding company for a group of insurance companies operating throughout the United States, which develops, markets and administers health insurance, annuity, individual life insurance and other insurance products.Image may be NSFW.
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